So US stock was down significantly on Friday last week. Opening Sunday morning, I shorted AUD/JPY just like most of the people on the forum. Things were already moving before most of the other brokers were open, creating a gap that got filled by Tueday. Last night, all the Yen pairs started moving back down [...]
Archive for the ‘Carry Trade’ Category
Re: Stocks Tumble As Credit Fears Are Renewed
Posted in Carry Trade on October 24, 2007 | Leave a Comment »
Stocks Tumble As Credit Fears Are Renewed – washingtonpost.com
Posted in Carry Trade, Market News on October 21, 2007 | Leave a Comment »
It’s Sunday and it’s time to think about what’s ahead for the next trading week. So the DOW dropped once again on a Friday. Just like last week, this might signal a down trend on all the Yen crosses. I have shorted AUD/JPY just to hedge against my losing long-term buy on the other Yen [...]
Seen this coming a mile away
Posted in Carry Trade, Market News, tagged carry, crisis, financial, trade on October 17, 2007 | Leave a Comment »
The US Stock market fell yesterday due to financial crisis in the banking world. A group of large bank came out with an idea and the market didn’t like it. Because the GBP/JPY mimic the Dow Jones, I should have seen this coming. The yen made significant gain today and pushed high enough to knock [...]
