Japanese yen trading plan

[Veteran123]

 

[sunar14]

Еры

This is a great trade actually. Government is a powerful player on currency market and due to bureaucratic reasons it is slow to response to various extreme movement. Smart traders can capitalize on that however such situations rarely occur as Japan example shows

 

[Veteran123]

Is the Bank of Japan Intervening in the Exchange Rate Again?
Japanese yen rebounds from the 156.5 level, prompting significant profits in yen investment plans once more.

 

[sunar14]

Is the Bank of Japan Intervening in the Exchange Rate Again?
Japanese yen rebounds from the 156.5 level, prompting significant profits in yen investment plans once more.

Yeah lots of interventions including verbal ones have been recently taking place due to excessive Yen depreciation. This explains extreme volatility of the pair, especially wide price swings.

 

[boldprime]

nice trading plan anyway... good job