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Strategies & Market Trends : LET'S PLAY IN THE FOREX..AND NOT GET LOST!

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From: CapitalistHogg™4/16/2007 2:15:56 PM
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The charts of AUDJPY and EURJPY are breathtaking. Carry trade apparently alive well and kicking!

Follow the yen and equity correlation to watch for breaks; if one bolts the other will follow.

Since my portfolio is mostly short the market, i will short scalp yen as a hedge. Still waiting for the other shoe to drop from 2/27...a sound that may disappear like a fart in the wind.
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