| This event scared the bejesus out of me actually. I had just bought the yen in anticipation of the BOJ announcement about an interest rate rise leading to a relative fall in the dollar and this particular geopolitical event along with the ADP employment report almost cost me about £7k. Luckily instead of jumping out I stayed in and caught the fall in the dollar today when I predicted that the previous ADP report was probably erroneous data as it was too far outside predictions to be reliable but it was pretty damn close there for a while. The dollar will fall for quite a while now. Euro and Yen are on the rise.
I wouldn't recommend sex, drugs and insanity for everyone, but its always worked for me.
Never think that war, no matter how necessary, nor how justified, is not a crime." (Ernest Hemingway) |