FOREX TRADERS

[jrbscrazy]

Looks like all "good" news for the eur/jpy short i'm holding. I wonder though....we should expect GDP data to stink, once the initial onslaught waves through the market, and equities strengthen, I expect the euro, and cross/jpy to bounce back. I'm going to look into buying perhaps aud/jpy, gbp/jpy and usd/jpy on strong dips. I'll give them another 100 pips or so and start working my way into the market. I have some straggling gbp/jpy longs, micro lots, that I figure i'll hang onto for a while and average down on these dips. The markets are quite extended, so a pullback is to be expected. What do you think?