Japanese Yen Strength

Lately the Japanese Yen is gaining a lot of strength as many seek safe haven. As we know, a strong currency is not very good for an export driven economy as it makes Japanese produced goods expensive to buy.

Japanese officials have been playing a little drama title "Let scare the Yen traders":
Scene 1;
FinMin Noda: "Moshi2 PM Kan, what should we do with the Yen strength and falling stock market?"
PM Kan: "Mosh mosh FinMin Noda, let's publish a press report that we will intervene in the FX market shall the need arise."
Finmin Noda: "Yeah that shall be fun watching the traders reaction, HAHAHA (evil laugh)."

Scene 2;
Vice FinMin Ikeda: "We will take action on the JPY strength by intervention in the FX market" (Ehemmm, i just said that for fun to scare those Yen buyers).


Sigh.... I have nobody else to blame except for myself. I have poor money management. I could have 10 profitable trades, and 1 loss big enough to erase all profits. Should work harder on MONEY MANAGEMENT.