May 12 2008
EUR/JPY: Waiting Paid Off
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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:
- Today’s Trading Look-Back - March 07, 2008
- Aussie, Gold, and Stocks
- Gold Looks Like It Should be Finding Support Soon
- Today’s Trading Look-Back - April 30, 2008
- Come, Bask in My Greatness


