DislikedWoke and found my 2 shorts at $10 profit after 10 hours. Closed them . Thanksgiving really did kill the market. Who thinks today will also be flat ?Ignored
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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
DislikedWoke and found my 2 shorts at $10 profit after 10 hours. Closed them . Thanksgiving really did kill the market. Who thinks today will also be flat ?Ignored
Disliked{quote} $10 is good, but what about your realise someone else made $100 on the same pair. See, I like scalping, but I would rather trade long term, if you don't want issues with brokers just trade long term,Ignored
Disliked{quote} $10 is good, but what about your realise someone else made $100 on the same pair. See, I like scalping, but I would rather trade long term, if you don't want issues with brokers just trade long term,Ignored
Disliked{quote} thanks man nice correlation there but which one is leading ? ofcourse us30y is leading but not sure how to use this information. It looks bearish overall trendIgnored
Disliked{quote} Japan is the second largest foreign bond holder, why? BY JPY holding US bonds, this maintains the value of the Yen, and ensures the close relationship for the forex pair, to maintain a trade deficit on Japans part. Considering the US is such a large trade partner, the JPY treasury value and the BOJ's unofficial mandate (IMO) is to maintain this relationship. But with Trump planning to run massive deficits, this will push bond prices higher, as the US government looks to find more buyers, opposite of you're normal market. Less volume, higher...Ignored
Disliked{quote} Master Yoda, This is a weekly chart. Did i get it correctly. Critique much appreciated.... {image} ThanksIgnored
Disliked{quote} Japan is the second largest foreign US bond holder, why? BY JPY holding US bonds, this maintains the value of the Yen, and ensures the close relationship for the forex pair, to maintain a trade deficit on Japans part. Considering the US is such a large trade partner, the JPY treasury value and the BOJ's unofficial mandate (IMO) is to maintain this relationship.Ignored
Disliked{quote} Yes perfect, aaven. The weekly shows it even better, it shows the run up from the Trump election, it shows how Bonds went higher but UJ has still remained far below the high set in Dec 2016. Then the push, from this October where Bonds now clearly are above the 2016 highs, Notice my 2 red angled lines, showing the divergence. {image}Ignored
Disliked{quote} I see the correlation you point out between us bonds and usdjpy - but i am confused by this paragraph from investopedia: "The USD/JPY currency pair has traditionally had a close correlation with U.S. Treasuries. When Treasury bonds, notes and bills rise, USD/JPY prices weaken. The logic of investing in this currency pair is that the U.S. would never default on its bond obligations, providing a secure, safe havenstatus and ultimately making this...Ignored
Disliked{quote} If your a Japanese investors, you can take a loan out for zero yen and then buy US bonds and make money. Hence the relationship Correlation. This relationship since 2015 when JPy bonds dropped significantly. I’m not sure investopedia has updated their explanation. eseentially what bikov said using different wordsIgnored
Disliked{quote} The article I referenced said it was last updated on May 2018. Are there any other online resources you can point me in the direction to, to help me understand this better. I do see on comparison charts, that often the u.s. bond price direction moves in the same direction as USDJPY, but not always. EDIT: For example - this attached chart shows US10Y (orange line) moving in the opposite direction of USDJPY. {image}Ignored
Disliked{quote} Whenever you add a comparison on a tradeview chart, set the line to "No Scale", left click the line>right click>Scale>No scale, you will then see the correlation much better. Just something to add not sure why their is the large spike up, November 6th roughly. This must be a gap in your tradeview data, Bonds didnt do that. {image}Ignored