What a great start into the week ! Take a look at the GBP / YEN chart ! You gotta love this market ! Forget EUR / USD, forget GBP /USD !!! Ha, ha, ha... In / out, 100 PIPS ! Thank you lord for this beautiful morning !
If stock markets bounce back today, we might see some pretty harsh bounce in GBP/YEN, too. Carry trade will go on ! Where are the Japanese housewives ??
Japanese housewives are frugal and will save this market. haha. could you imagine american women doing carry trades en masse? god....
And on the other side of the spectrum, American women will hit the malls and save this economy and this market
Haven´t been this lucky today with GBP / JPY...went long 232,68...stop loss hit at 231,86...outsch.... But VOLA is great !!