Hi Folks
I am a forex newbie, and an ignorant bum. I shorted the USD/JYP since last monday , around 120.23 and since then it has ,only , climbed 100 pips, no sign of coming down . What I hear is that this is a manipulation by Jap govt.
I am holding onto the loss ...with the hope it will turn around in sometime, perhaps 1 week or 2.
Can some person, more sensible that me tell me if that is the case at all.Some more idea as to whats gonna happen.
Thanks
Sam, SFO
I am a forex newbie, and an ignorant bum. I shorted the USD/JYP since last monday , around 120.23 and since then it has ,only , climbed 100 pips, no sign of coming down . What I hear is that this is a manipulation by Jap govt.
I am holding onto the loss ...with the hope it will turn around in sometime, perhaps 1 week or 2.
Can some person, more sensible that me tell me if that is the case at all.Some more idea as to whats gonna happen.
Thanks
Sam, SFO