Wednesday, June 11, 2008

Yen

Since returning from my long holiday in China, we had traded a number of currencies. Positions we took in the Japanese Yen earlier this year were very profitable. It's been a while since we took profit. Now, we are looking to take a position in the Japanese Yen. There's currently a very bearish view on the Yen, but we think this could well be a good opportunity to be a contrarian. I don't like following what the media and mainstream economists are saying!

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4 comments:

pcso said...

I agree with you about these. Well someday Ill create a blog to compete you! lolz.

Boon said...

You can do whatever you like. For me, I never take this as a competition.

Anonymous said...

Boon,
What commodities / forex trading account do you use? Can you recommend me some?

Boon said...

I am with TradeStation Securities.