Now what Jordan can think of this currency war looking at CHFJPY chart, the pair is almost at intervene time and yet they are trying to defend 1.2. going back to IMF data when USDJPY was 78 they had confirmed that JPY was overvalued but not highly overvalued however reiterated that CHF was highly overvalued then, I think the SNB will move one of these days.
- Post #10,507
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- May 10, 2013 6:53am May 10, 2013 6:53am
"Everyone gets what they want out of the market."
-- Ed Seykota
- Post #10,512
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- May 11, 2013 6:15am May 11, 2013 6:15am
"Everyone gets what they want out of the market."
-- Ed Seykota
- Post #10,514
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- May 11, 2013 7:16am May 11, 2013 7:16am
"Everyone gets what they want out of the market."
-- Ed Seykota
- Post #10,516
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- May 11, 2013 8:54am May 11, 2013 8:54am
"Everyone gets what they want out of the market."
-- Ed Seykota
- Post #10,517
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- May 12, 2013 7:06pm May 12, 2013 7:06pm
Trade according to current market condition, not what you think would be.
- Post #10,518
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- May 13, 2013 2:13am May 13, 2013 2:13am
"Everyone gets what they want out of the market."
-- Ed Seykota
- Post #10,520
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- May 13, 2013 7:44pm May 13, 2013 7:44pm
Trade according to current market condition, not what you think would be.