Yen Carry Trade

Discussion in 'Forex Trading' started by Iconoclast, Sep 3, 2006.

  1. Looks like the yen carry trade is back in style.

    Anyone selling yen?

    I have yen sell positions against 5 currencies:

    AUD/JPY
    CAD/JPY
    EUR/JPY
    GBP/JPY
    USD/JPY

    Thoughts?

    ICO/JPY
     
  2. Your timing couldn't be worse.

    Yen typically rallies each year about this time:

    [​IMG]
     
  3. Mm...

    I know about the rally, I've been in these for awhile and made some profits.

    Are you indicating they're all about to crash based on historic seasonal trends?

    Are you trading yen sell positions?

    ICO/JPY
     
  4. Looks like it's just a fluctuation to me.

    I
     
  5. See what I'm doing here:

    http://www.elitetrader.com/vb/showthread.php?s=&threadid=75566
     
  6. Well, if a 'galloping bear' emerges my horse will turn red and I'll bail without a second thought. I'm not emotionally invested in the trade.

    Hold your shorts. Please. :cool:
     
  7. I dropped my shorts a long time ago.... how else could I expose myself to the market??

    Ico
     
  8. #10     Sep 4, 2006