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Thread: King of the Micro - Hot Trader Spotlight

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#11 (permalink)

02-09-2009, 10:38 AM

Terri Belkas Terri Belkas is offline

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Join Date: Jan 2007

Posts: 808

Hot Trade 02/09/09

Many of the top 5 traders have been utilizing the volatility in the JPY crosses, and one of best trades closed on Friday was a long EUR/JPY position that netted roughly 600 pips in profit. The resurgence in risk appetite certainly worked in this trader's favor, but what do you think will happen in regards to risk trends and the JPY?

*Past performance is not indicative of future results, as returns may vary according to market conditions.

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Terri Belkas is the author of Daily Fundamentals, Global Central Bank Comments, and Forex Trading Weekly Forecast on DailyFX.com.

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