DislikedBOJ Shirakawa To Visit Switzerland, London On Jan 7-12
the time same with noda n azumi visting US..should be a hintIgnored
Losing credibility at a rapid pace !
USD/JPY Discussion 7 replies
NZD/JPY Discussion 12 replies
long eur/jpy, gbp/jpy, usd/jpy 11 replies
EUR/USD Bollinger Band Discussion 3 replies
Suidster's GBP/JPY Discussion 19 replies
DislikedBOJ Shirakawa To Visit Switzerland, London On Jan 7-12
the time same with noda n azumi visting US..should be a hintIgnored
DislikedPerhaps trying to gather support for a joint intervention ... which he probably wont get. When will he finally realize that he's on his own and act accordingly ?
Losing credibility at a rapid pace !Ignored
DislikedPerhaps trying to gather support for a joint intervention ... which he probably wont get. When will he finally realize that he's on his own and act accordingly ?
Losing credibility at a rapid pace !Ignored
DislikedI'm beginning to lose focus. Yen is stuck in a permanent uptrend, and it still doesn't make sense to me. IS there really THAT much money just parking in Yen to maintain stahbiliteee (said like Trichet).
Who is buying this? Besides obvious traders going on technicals. It's just shocking to me to see this play out the way it has, but again, you can't fight it, this has been defying logic for 20 some years now. In a sane world, Japan should be closer to an all time low versus a lot of these currencies, and yet it's India with a record rupee...Ignored
Disliked? I see a decent opportunity to short on a break of 76 and a hold where it doesn't come back into this range.
The trick is with the SSI, most speculators are and have been net long on USDJPY.....but again they have been for YEARS NOW. So this indicates we could go down more, but again we are in vulnerable territory, a far cry from a 260 yen 10 years ago, but the trend down is super strong, so it's going to take something monumental to overturn it, hence it's better to go short for the time being.
Secondly I see a long term trade buy with...Ignored
DislikedBoj needs to act very soon and forcefull if they want to avoid Japanese economic armageddon. This weeks strenght against the Euro is an added worry for Azumi and friends. Note that despite dollar strenght, the usd/jpy pair is not going through the roof ... makes you wonder, doesnt it ?
Tough talk and conventional intervention will not do the trick ... sure hope they dont fall into that same old trap, though I wouldnt be surprised ;-)
Want to comment on some of previous posts by others:
"BOJ Shirakawa To Visit Switzerland, London On Jan 7-12...Ignored
DislikedHello buddy. Hope all is well and that we have a good year trading this pair.
Insanity: doing the same thing over and over again and expecting different results.
-Albert EinsteinIgnored
Dislikedgreat appreciation about it continues , not seeing where posted earlier . anyway update uj & usdx
http://www.forexfactory.com/showthre...13#post5275013
fontuIgnored
DislikedVery messy..hehe..Just a simple chart with just fibo n 2 tl with a lil bit jun azumi speculation can show..heheIgnored
Dislikedsure one old chart with no pop & show , life is as such & specially forex maket , very messy . to adjust within the diamond in the sky .
fontuIgnored
DislikedDiamond reversal pattern could be real, but here are some charts that I'm sure Azumi San might understand.
I am of the opinion that UJ is now entering its final move down before it moves up for its long awaited reversal as wave A, B, C to form wave 2 of 5.
Will it be truncated at the 76.5 level, travel to 1 hr channel bottom (which happens to be around the former all time low, or crash violently into the 73 area or below???
Shown are daily, 4hr and 1hr charts.
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