USD/INR opens 3% below yesterday’s highs
I’ve added to my AUD/JPY longs, my logic being that the market sold AUD/JPY very aggressively on the back of the EM panic so surely we should see AUD/JPY go higher now that a reversal has started?
I know I’ve said it many times before, but many people have gone broke trying to find logic in the FX market!
Sean, agree that FX isn’t logical.
I also am currently long AUDCHF and short EURAUD and both are deep in the money, so same like you, I also hope that AUD will continue to rise.
Btw, thanks for the chat room, I can read the posts now 🙂
“The market can stay irrational longer than you can stay solvent.” – that’s the quote about forex I like best 🙂
Excellent Gus, hope you’re enjoying it
I too long AUD against CHF, JPY and EUR. But not against USD.