Tuesday, January 13, 2009
Tank tank tank
USD/JPY, 30m, Today
I learnt this in a very painful fashion. Go with the flow; The trend is your friend. It would have been an excellent birthday gift had I been riding this downtrend. Unfortunately I was not in this position.
The writing is always on the wall. In the previous entry I had noted to short the dollar. Did I do it? No. Do I regret that then? Yes, a very deep regret that is worth what could have been a motorcycle.