Trading The Yen

[Ivanovich]

Quote from DrawDown:

Clarification.

"How much did I make? Plenty."

That "plenty" so far is approximately 75% profit on the money I have exposed to market (margin) in that account since April 15th (70-days), that is 5.748% gain on the entire balance of that acct.

So, as you can see, my efforts in this trade have not been in vain.

dd

Same ol' skalpz. All we hear about is the victories...or rather the supposed ones.

 

[2cents]

stay away from the yen for a few weeks if you don't want to risk getting slaughtered... the vol / range is poised to increase sharply and in wide intraday seesaws until we have enough clarity as to path and amplitude of rate hikes going fwd in japan... may be a good time to trade tamer Yen-neutral pairs... just my 2cents...