I made a couple of trades last night that went horribly wrong:
I closed my short Yen positions because I saw that Usd/Jpy had found support around 104.7
Indeed it did go up last night,
but I had shorted Gbp/Usd, and Gbp, and Eur crosses because I thought that they would retrace down from present levels
I was wrong: trouble in the Japanese bank world has led to the buying of Eur, and Gbp
and my positions suffered.....
I have now bought back some yen, and shorted Eur, Gbp, and Chf against it,
I will be shorting Usd/Jpy if it retraces back from 105 some more
Gl everyone in this final few days!
I closed my short Yen positions because I saw that Usd/Jpy had found support around 104.7
Indeed it did go up last night,
but I had shorted Gbp/Usd, and Gbp, and Eur crosses because I thought that they would retrace down from present levels
I was wrong: trouble in the Japanese bank world has led to the buying of Eur, and Gbp
and my positions suffered.....
I have now bought back some yen, and shorted Eur, Gbp, and Chf against it,
I will be shorting Usd/Jpy if it retraces back from 105 some more
Gl everyone in this final few days!