Open trading account 
I left my EUR/JPY position opened over the weekend anticipating that the pair might open much lower after the weekend but it didn't materialize. It was GBP/JPY that tanked along with GBP/USD soon after the FX markets opened this Monday. As for USD/JPY it keeps oscillating between 111.90 and 112.30. At this point opening any positions is out of the question and I would only consider going short if there were clear signs on the charts that pull backs have completed.
Another dilemma is this: - should I even open any new positions? At the moment I'm the leader with nice equity that can make me a winner of the Contest. But of cause there are others not far behind me who can challenge my position. It's a tough call. With only 2 days left, and with a very unpredictable outcome of "Trump's show" in Congress that for sure will move the markets(but which way?), I might just have to play it safe. On the other hand, I still have this strong "gut feeling" that yen bulls are not done just yet, only pausing and ready to show their ugly teeth one more time.
Another dilemma is this: - should I even open any new positions? At the moment I'm the leader with nice equity that can make me a winner of the Contest. But of cause there are others not far behind me who can challenge my position. It's a tough call. With only 2 days left, and with a very unpredictable outcome of "Trump's show" in Congress that for sure will move the markets(but which way?), I might just have to play it safe. On the other hand, I still have this strong "gut feeling" that yen bulls are not done just yet, only pausing and ready to show their ugly teeth one more time.
