May 12 2008
EUR/JPY: Waiting Paid Off
Getting out of the EUR/JPY short in expectation of being able to get back in at a higher level has ended up working out for me after all. I’ve been able to start rebuilding my position a couple hundred pips higher. I still like the scenario playing out for a run at least into the middle 150′s, if not the lower 150s in the weeks ahead.
Here are some other posts which might interest you:
