From April 22nd to April 26th, 2024, my trades resulted in a total loss of -$90,476.
Unexpectedly, USD/JPY rose to the 158 level. I persistently bought the Japanese yen, relying on potential intervention by the Bank of Japan (BoJ), but this strategy led to significant losses. There had been frequent verbal interventions from BoJ officials, so I had anticipated intervention around the 155 level, but this was a considerable miscalculation. The … Continue reading From April 22nd to April 26th, 2024, my trades resulted in a total loss of -$90,476.
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