I caught 125pips shorting GBP/JPY today, but I always seem to catch the short moves then miss the inevitable long afterwards as I pat myself on the back for making money on the short.
Maybe when traders around the world realise they'll make more money by letting the carry trades unwind by a couple thousand pips before starting the upward trend again i'll be able to say I told you so but until then I'll keep working on better bottom fishing strategies to go along with my ability to pick the tops.
Maybe when traders around the world realise they'll make more money by letting the carry trades unwind by a couple thousand pips before starting the upward trend again i'll be able to say I told you so but until then I'll keep working on better bottom fishing strategies to go along with my ability to pick the tops.