EUR/CHF & USD/JPY

For all those that own these pairings....WE WANT THEM TO GO DOWN, for the time being, that is. Yes...that means your account will show that you are LOSING money in these trades. Has Ara Lost it?!?!?!?! - You ask? Some might say that he never had it to begin with. But who cares what he has or doesnt have...lets talk about making MONEY!

OK, so...why do we want to LOSE money on these trades. To answer that, you need to understand why we are IN these trades.

EUR/CHF - The Swiss National Bank (SNB) has firmly stated that they will be pegging their currency to the EURO and will not let the Franc's value increase unbridled against the Euro. If it did...people who had the euro would find it expensive to purchase swiss goods (such a cheese with holes in it)...and thus, the Swiss Cheese export business would suffer greatly. So...the closer EUR/CHF gets to 1.20...the MORE pressure it puts on the SNB to intervene. Once they intervene...this puppy is going to 1.25!

USD/JPY - same as EUR/CHF, expept this is about the Yen getting too valuable against the USD, resulting in geeky Americans buying less japanese "authentic" samurai swords and ninja stars -- which are probably made in china anyway -- but I digress. So the Bank of Japan (BOJ), as they have done twice before in the last year, will step in and have (i didnt make this up) a "YEN"tervention! The price of EUR/JPY should go to 80.00!!

So you see....the more we lose in the interim, the more pressure the SNB and BOJ are under to intervene...and then...look out boys and girls, because not even Godzilla could stop the Yen from flying high!