Feb 27, 2007

Position opened in GBP/JPY

I am longing GBP/JPY again @ 231.00 . Market is really moving today with the leading of YEN and CHF as well as EURO (as the result where more interest hike is expected). Nearly all Equity markets are down badly today around the world. Gold dropped shapely today as well. DJI drop around 170 points in just a min of time. This is really scary , and its significant more giant moves might be appearing within the rest of the week. Nothing much but be aware.

Anyway, stay out from market for this week will be a great choice for those who can't afford to take risk .

( GBP/JPY now @ 231.50 )

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