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Re: FXCM, a bit more serious
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Originally Posted by laoshi
I've just longed a Eur/Yen at 155 if anyone interested.
Reasons? It's wanked down about 1300 pips in the last few weeks. Equities are bottoming out and I expect the carry trade to resume...
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Carry trades likely to resume on high yeilders if not already like the AUD and NZD, there seems to be exaustion in the sell off.
I'm thinking about an order to buy on stop 7025 for a target of 7200.
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