tag:blogger.com,1999:blog-37433435.post1488401781820944595..comments2024-01-29T01:52:07.363-05:00Comments on Kevin's Market Blog: Japanese Yen UpdateKevinhttp://www.blogger.com/profile/10858224918246729626noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-37433435.post-55827080626380189082010-03-06T21:01:37.863-05:002010-03-06T21:01:37.863-05:00The run is not over. Friday's hit, scaped som...The run is not over. Friday's hit, scaped some profit for connected money on the short side. It was well choreographed moved from a predictable playbook. It's only a matter of time before the long side is setup again.Eric De Groothttps://www.blogger.com/profile/10401266394758992709noreply@blogger.comtag:blogger.com,1999:blog-37433435.post-77386949675407760822010-03-04T15:55:16.681-05:002010-03-04T15:55:16.681-05:00I agree with you that sometimes the best plays are...I agree with you that sometimes the best plays are when we get a false breakout but in the case of the Yen, I will just leave it alone for now. I'll wait for a better setup to come along.Kevinhttps://www.blogger.com/profile/10858224918246729626noreply@blogger.comtag:blogger.com,1999:blog-37433435.post-46809708718436593592010-03-04T12:28:20.461-05:002010-03-04T12:28:20.461-05:00now that FXY is back under 112 would you reshort w...now that FXY is back under 112 would you reshort with a stop above Wednesday's highs? Some of the best plays are often false breakouts where everyone has the right position but gets stopped out just before the big move.<br /><br />thanks!Anonymousnoreply@blogger.com