USD/JPY Discussion | Page 295 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

USD/JPY

Similar Threads

USD/JPY Discussion 12 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

Attachments: USD/JPY Discussion
Exit Attachments

USD/JPY Discussion

  • #5,881
  • Mar 2, 2008 5:05pm Mar 2, 2008 5:05pm
Quoting sDRs
Interesting thing, isn't it? According to logical idea - Bank Chairman should make good for economy desicions, inspire with optimism and so on. But in this case - Bernanke decided to choose opposite way

Maybe he actually works for Russia?
looks like he works for the ecb....

if you have some knowledge about conspirancies theories.
they have been calling some time ago whats happening now with the fed
but who was to bellieve those things.

look at swissy, last time we got those dirty movements was on market crash in 70s... omg and looks like market crash also is near.
  • #5,882
  • Mar 2, 2008 5:19pm Mar 2, 2008 5:19pm
At the rate it's dropping, I don't think it's going to hit rock bottom any time soon. Soon, the dollar will be worthless piece of paper against the JPY.
  • #5,883
  • Mar 2, 2008 6:17pm Mar 2, 2008 6:17pm
Quoting Schminner
At the rate it's dropping, I don't think it's going to hit rock bottom any time soon. Soon, the dollar will be worthless piece of paper against the JPY.
no man, scary the rate doing it.

probably not poor of usa citizen, cause they have part in this game.
poor of the latin american countries, who has given real assets but saved just $, they are going to lose much.

also inflation going up....
  • #5,884
  • Mar 2, 2008 7:41pm Mar 2, 2008 7:41pm
I do not want to ignore the fundamental issues in the mkt now, but seriously this wave down was fully expected by the majority (towards 100 level and then towards 90/95).. call it madness, yes its madness. but the market will get there in weeks, months. A very bearish cycle for the USD versus the Japanese Yen. But.. the USD will come back versus euro and other currencies earlier than that. much earlier i think. I think a bout of risk aversion will put usdjpy down and majors down as crosses sell off but these are only views of what may happen. For sure thing is, usdjpy is headed below 100 on the long term (but at this rate it won't take a week).. I still suspect some type of sharp bounce to unwind oversold levels then to allow for some consolidation ahead of 100 level. Anyway the market is best described "Madness"
  • #5,885
  • Mar 2, 2008 7:42pm Mar 2, 2008 7:42pm
Anyone noticed? AUD flyed higher with Euro neck-to-neck but when euro eased, aud eased. Although JPY was strong. It's just broad based usd weakness.. now its midrange.
  • #5,886
  • Mar 2, 2008 7:46pm Mar 2, 2008 7:46pm
Quoting CounterTrend
Anyone noticed? AUD flyed higher with Euro neck-to-neck but when euro eased, aud eased. Although JPY was strong. It's just broad based usd weakness.. now its midrange.
i like the positive you are but gold is reaching $1000. its known many big dogs have buy orders at that level. that will weaken serioulsy more the usd index.
same with eu at 1.50, many buy orders were executed but many selll orders also.

then when the direction was set (up) have not looked back and probably it wont. would dare to say 1.60 is more near than 1.45.
  • #5,887
  • Mar 2, 2008 7:53pm Mar 2, 2008 7:53pm
Quoting acidguy
i like the positive you are but gold is reaching $1000. its known many big dogs have buy orders at that level. that will weaken serioulsy more the usd index.
same with eu at 1.50, many buy orders were executed but many selll orders also.

then when the direction was set (up) have not looked back and probably it wont. would dare to say 1.60 is more near than 1.45.
Dare with me? 1.54 then 1.45

I think though, gold will breach 1000 very likely this month. Which will support aud.. maybe?
  • #5,888
  • Mar 2, 2008 11:05pm Mar 2, 2008 11:05pm
Quoting forex3e
yeah its so close to my long term target around (2/8 MM) 10313

we are at 2/8 MM 10294 (coincide with gj 20435)
according to pattern its suppose to turn around
but we will see ..
g/l
  • #5,889
  • Mar 3, 2008 12:42am Mar 3, 2008 12:42am
oh man, this just crazy... u/j / u/chf

look at metals, currencies deflating, and metals going up like crazy...
carry traders look like getting into metals.
inflation for everyone. of course amplified to those ones who own usd.
  • #5,890
  • Mar 3, 2008 1:09am Mar 3, 2008 1:09am
Hi guys!!! I see such configuration on usd/jpy
Attached Image (click to enlarge)
Click to Enlarge Name: 38.gif Size: 49 KB
  • #5,891
  • Mar 3, 2008 1:40am Mar 3, 2008 1:40am
Hi Serega,

What configuration are you referring to? Nice chart and analysis.

Thanks,
TFX

LOL Never mind I couldn't read your fibo extensions first time. Never mind mate.
"Timing Is Everything. Really I Swear It Is"
  • #5,892
  • Mar 3, 2008 1:57am Mar 3, 2008 1:57am
I suppose that today Monday and start of a new week and a new month, so some sort of correction may be expected. But another level where the pair may start correction is 102.43-102.26.
My fibo the same as in most traders. And I use it with Neely waves.
Sorry for my english.
I can smth dont understand
  • #5,893
  • Mar 3, 2008 2:09am Mar 3, 2008 2:09am
Your English is OK. My eyesight is bad

I completely agree with your target of 102.40 area.
"Timing Is Everything. Really I Swear It Is"
  • #5,894
  • Mar 3, 2008 3:50am Mar 3, 2008 3:50am
U/Y and USD/CHF look like their at the top of their descending channels, let's see if they break them...
On the path to Enrichment.
  • #5,895
  • Mar 3, 2008 9:26am Mar 3, 2008 9:26am
I reloaded shorts on Cross/Yen. And reloaded longs on Euro dip.

Comments from officials heavily moving the mkt now.
  • #5,896
  • Mar 3, 2008 9:30am Mar 3, 2008 9:30am
Quoting CounterTrend
I reloaded shorts on Cross/Yen. And reloaded longs on Euro dip.

Comments from officials heavily moving the mkt now.
reloaded shorts already? isn't it a bit early? hmm, good luck
Trade what you see, not what you think.
  • #5,897
  • Mar 3, 2008 9:42am Mar 3, 2008 9:42am
I am shorting all the way on the move up. on eurjpy especially, because of the key outside week reversal. It should get a bearish bias along the week. Tight mm.
  • #5,898
  • Mar 3, 2008 10:29am Mar 3, 2008 10:29am
Quoting CounterTrend
I reloaded shorts on Cross/Yen. And reloaded longs on Euro dip.

Comments from officials heavily moving the mkt now.

Euro on the high? Rather risky
  • #5,899
  • Mar 3, 2008 10:38am Mar 3, 2008 10:38am
went long @ 103.45 aim 30 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: uj.gif Size: 16 KB
  • #5,900
  • Mar 3, 2008 9:20pm Mar 3, 2008 9:20pm
it looks like this is bearish for the very short term, where do you guys see this thing headed as we start the new day?
38 traders viewing now