The Yen had been plummeting. I attempted to short the Euro/Yen pair with disastrous results resulting in over 155 pips loss. I also made some impulse trades which results in other small losses. There is certainly something going on with the FOREX market that I as a teeny weeny little player has no clue about. However, this article is worth a read.
Why is the Yen sinking?
I think a good thing for me to do now is to stop trading and wait till the signs are clearer.
Monday, February 23, 2009
Yen loses its safe haven status?
Posted by Dominic at 9:22 PM 0 comments
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