***************************************************************
I'll try to be regularly active in this thread (a few posts a day at least) --- but no promises,
as I am very active in the market on an intra day basis.
I have attempted to make a few threads but they have kind of died out... no interest...
Hopefully this one is different.
Hyperbolic Yen Chamber
(dragon ball Z inspired)
http://i41.tinypic.com/vudz4.jpg
1) All yen crosses allowed -- my personal focus changes
2) Near month end, I will attempt to figure the best yen cross to trade for the following month.
3) Charts to go with technical outlook, please
September Outlook
1) The yen looks set to continue its decline in September, after a period of consolidation.
Fundies significantly favor selling the YEN more than the USD, although they definitely both look weak.
The USD is weak against everything EXCEPT for the YEN, AUSSIE and Emerging Market Currencies.
2) With EURAUD looking poised to fall,
EURJPY should be an inferior trade to AUDJPY.
However, the USD looks worse, so my vehicle of preference for shorting the YEN is
1) AUDJPY 2) EURJPY 3) USDJPY
***one moment to get some charts up
http://i40.tinypic.com/rkwllx.jpg
Remember to always do your own research.
Post away and happy trading!
****************************************************************
I'll try to be regularly active in this thread (a few posts a day at least) --- but no promises,
as I am very active in the market on an intra day basis.
I have attempted to make a few threads but they have kind of died out... no interest...
Hopefully this one is different.
Hyperbolic Yen Chamber
(dragon ball Z inspired)
http://i41.tinypic.com/vudz4.jpg
1) All yen crosses allowed -- my personal focus changes
2) Near month end, I will attempt to figure the best yen cross to trade for the following month.
3) Charts to go with technical outlook, please
September Outlook
1) The yen looks set to continue its decline in September, after a period of consolidation.
Fundies significantly favor selling the YEN more than the USD, although they definitely both look weak.
The USD is weak against everything EXCEPT for the YEN, AUSSIE and Emerging Market Currencies.
2) With EURAUD looking poised to fall,
EURJPY should be an inferior trade to AUDJPY.
However, the USD looks worse, so my vehicle of preference for shorting the YEN is
1) AUDJPY 2) EURJPY 3) USDJPY
***one moment to get some charts up
http://i40.tinypic.com/rkwllx.jpg
Remember to always do your own research.
Post away and happy trading!
****************************************************************
Be hopeful in a winning position, and fearful in a losing position.