FX – Liquated my position for a 104,354 yen gain

FX gain

Just as the dollar rebounded from yesterday’s Trump shock, I liquidated all my FX positions.


At one point in time my unrealized losses grew to 50,000 yen but in the end I was able to end with a 104,354 yen gain.


I deposited a total of 350,000 yen to my FX account so that’s a return of 30% in 2 months.


My prediction is that there won’t be much movement in the USD to JPY rates until December when the Fed is expected to raise rates.


If the dollar should drop to 102-101 yen during that time, I’ll be ready to pounce!






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