Japan got into the lowered interest rates sometime back, in order to bail out fo a mortgage crisis like the one the US is currently involved in. They like to keep their currency de-valued to promote their export based ecomomy. Right now, Japan is ...

My experience with Carry Trades Is: The carry trades will follow DIJA sometimes -- sometimes not. It seems like they correlate with one ecconomic indicator for a while, then another. They are also somewhat seasonal, as you well know. For a while ...

The Yen pairs are ALWAYS in the buy mode -- MOST OF THE TIME. But 2 times a year, the pairs will "unwind" (carry trade unwind) in a deep market correction. This occurs right after Jan 1 or so, and also at the end of June or in July. Example: Last ...

The Yen pairs are ALWAYS in the buy mode -- MOST OF THE TIME. But 2 times a year, the pairs will "unwind" (carry trade unwind) in a deep market correction. This occurs right after Jan 1 or so, and also at the end of June or in July. Example" Last ...

I've been trading successfully live since Oct, 2006. I made a BIG mistake right after the first of 2007, in not leveraging my account correctly, not dealing with a broker that let me hedg, and MAINLY by having any idea what a Carry Trade Unwind was. ...

Sorry, Tahshoon.. NO intent to offend or suggest any taking of sides in this matter. The market is open now, so it looks like both trades did spike up just on rumor, during the w/e. EUR/JPY falling rapidly for the moment. EUR/USD still up. For now.

No, I was dead serious. Should I make it like a pirate hat? Would either of my trades have spiked? If so - in which direction? I assume Joe B is saying long for EUR/USD -- same for EUR/JPY?

Thanks very much for your serious and thoughtful reply. I am fashioning my hat as we speak.

Are you making fun of me? I just wanted to know if my EUR/USD would have gone a lot higher. Also was long on EUR/JPY since around 3/20 and was at 152.11.

Yeah, me too. I really hope though that we do get a good unwind so I can get back in at a low price as soon as it's over.

What happened to my Favorite Site? — I really got a lot of good information from this site for a while: http//news.fxnow.com/EN/ Commentary/index.html It was a great running commentary which was updated thoughout all sessions. Then, it ...

Okay, I didn't see that one. That's because I was trading with the trend of a really deep unwind.

I've been day trading about a year to date. I have trades all major pairs except Aussies going on paper 24-7 (make that 24 - 5 1/2!) while I trade live. I trade STRICTLY with the trends and let all my paper trades run their course. Since I ALWAYS ...