FX:USDJPY   U.S. Dollar/Japanese Yen
143 2 0
JPN's Monetary experiment dwarves the US by a long way. Whatever happens in the US this week/month/year , JPN             will have to add more to the mix.
Also, the US has shown that it is nearly impossible to unwind the easing as people need to get paid and also get used to easy money rather than taking hard decisions.
The US has more individuals with $Billion accounts than anywhere else in the world, so it would seem that the national debt could be written down considerably if the government went on a bank raid, those living in Cypress will know what that feels like.
So US could go bankrupt, therefore never paying China back, then JPN             could go bankrupt and we could have a system reset. All of the above is imho and has no merit in the real world, it was just a brain fart of a thought that I wished to share.
GLA
SignalTradersUK
3 years ago
The initial trade plan didn't quite work out as USDJPY broke through near support and then continued sideways. Goes to show that having the right idea and right trade plan can not be as easy as saying when and where. Though money management should make up for those discrepancies.
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SignalTradersUK
2 years ago
this is defo not coming back anytime soon
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