GBPJPY I took this weekend to review the QMMT portfolio and think where I should head next. Oil is now in a profitable position, GBPUSD is doing very well, SPX looks to me like it’s not going significantly higher anytime soon without any shorts and with extremely low Volatility. EUR sucks ass we are already short there. So now what? Well I asked my self what is the best currency to own and the worse currency to own and cane up wiyh Taraaa! GBPJPY. My only argument against it is “its too high” nothing is high enough if its going higher. So I took a small position in it today being that I have already reduced my exposure from GBPUSD to acceptable levels.
BTE The QMMT portfolio is now $740 up 48%! 😉