DislikedHehe not to be rude but read the post I put up with the chart again. Look at the squiggly lines again and read attached labels. Should explain what I think is going to happenIgnored
byebye costly moments.
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DislikedHehe not to be rude but read the post I put up with the chart again. Look at the squiggly lines again and read attached labels. Should explain what I think is going to happenIgnored
DislikedAfter doing some more calcs and fibs I see the next low at 245.86 and then 245.67Ignored
DislikedLooks like our esteemed Tokyo Housewives won't go down without a fight.Ignored
DislikedThey are more then likely married to the exporters who are engaged with the importers in a desperate fight to keep the yen buoyant so that they don't confuse their wives with the way FX really works and can keep them buying low and selling highIgnored
DislikedIf the USDJPY does not break the back of the current support it's getting. It may hold off the masses from yet another drop. That would be the 3rd bounce in which case things very well may go up.
Just remember the people who are fighting this have been making the most money from the carry trades and stand to lose the most. Where as the importers stand to finally gain something if they can drive it down.
Now we just have to see who has the biggest swordIgnored
DislikedPut EURJPY, GBPJPY and USDJPY next to each other on your trading platform. And watch the USD in relation to the other 2, see who moves where and when then by how much.Ignored
DislikedPut EURJPY, GBPJPY and USDJPY next to each other on your trading platform. And watch the USD in relation to the other 2, see who moves where and when then by how much.Ignored