At near 10:30am or about the time when results from at least 70% of the polling centres were coming in with Brexit clearly on the table. The JPY strengthened from 104 down all the way to 98.87.
When news came out that the BOJ may come in to intervene against the stronger yen, I decided to put in a spot position at 100.00 with a stop loss at 99.70.
I kept following the position till it reached 102.70 and I squared the position for a yum yum 2.7 yen!!!
Thank you Brexit and BOJ!
The Panthenon Investment Group 