On 12 April 2016, I warned of the shorting going on in GBPJPY as well as the parallel distribution slope orchestrated in the GBPJPY chart. I also illustrated the rounding distribution and the shorting intentions of the market on 12 April 2016 in the GBPJPY. Refer to the previous live analysis as below
GBPJPY Technicals on 12 April 2016
Yes, shorts can also be an investment. If one's mindset is still not out of the box yet, still traditional, old-fashion and overly orthodox, it is time to think out of the box in the modern era.
Below are the profits converted into (SD) Singapore Dollar (SGD).
+ S$ 124,477 SGD
= + S$ 1,603,099 SGD