Big hedge fund bailing out of positions across all financial markets
Many thanks to our hedge fund insider for this latest tasty morsel of information. One of the ultra-huge hedge funds started dumping positions yesterday in cash, bonds and equities. Part of this position adjustment was almost certainly in USD/JPY but the 300 pip fall there was also partly caused by the risk-averse sentiment out of other markets.
Risk-reward favours the risk averse play in my view and I’m looking to sell any intraday rallies in EUR/JPY.
Hi Sean, For your info… not sure if others have this problem but I find your web site very slow when first going into and when I refresh. Don’t have the same problems with other sites.
hope it can be fixed thanks
Thanks Vivien, the level of traffic has taken me by surprise. I will be moving on to a better server in next week or so (hopefully sooner), apologies for slow-ness
Me too, it’s slow. That the problem when you become a star ,Sean 😉
Hi Sean, at what level do you intend selling the EUR/JPY please???
Hi Edward, I’m just watching and waiting. I need to see how the market reacts at certain levels before commiting to a trade. Ideally I’d like to sell as close to 131 as possible but not sure we get there