Hello traders,
The yen has started strong depreciation due to rumors that japanese bank will resume stimulus program. I have entered several orders to test how big correction they can make (GBP/JPY, USD/JPY, EUR/JPY and AUD/JPY) but there was not enough acceleration force to let me leave the opened positions.
I suppose I will wait to see how far the main pair- USD/JPY can go and if it breaks 105 than I suppose I will search for new corrections to go with the trend up. The problem is that Japanese can intervene at any time and this could be a big problem if you are caught against the trend.



Keep calm and cut your positions when you still can otherwise all investment can disappear.
Traducir a inglés Mostrar original