DislikedIf I spoke Japanese you would be reading headlines that said: JAPANESE FINANCE MINISTER JOEY ZAZZA ANNOUNCED TODAY...Ignored
- #31,521
- Sep 26, 2012 10:58am Sep 26, 2012 10:58am
- Joined Apr 2009 | Status: Non-Member | 4,719 Posts
- #31,522
- Sep 26, 2012 11:02am Sep 26, 2012 11:02am
I remember reading an article in a magazine about the journalist going to a rock concert in Japan. He was so shocked at the orderly and good mannered fellow 'rock fans' he had to mention it 
I don't think you will rise fast in the Japanese political hierarchy.
There is a reason why the west is a spender and the east a saver. Slightly different outlook to life
I don't think you will rise fast in the Japanese political hierarchy.
There is a reason why the west is a spender and the east a saver. Slightly different outlook to life
- #31,523
- Sep 26, 2012 11:03am Sep 26, 2012 11:03am
- Joined Jul 2010 | Status: Always manage your risk & leverage | 7,339 Posts
not euphoria follower
- #31,524
- Sep 26, 2012 11:11am Sep 26, 2012 11:11am
- | Joined May 2010 | Status: Non Member | 2,751 Posts
Don't be smart. Be rich.
- #31,525
- Sep 26, 2012 11:14am Sep 26, 2012 11:14am
- Joined Jul 2010 | Status: Always manage your risk & leverage | 7,339 Posts
the other side :
- Time frame : Quarter
- Double emerging hamornic pattern
Does my H4 (readable this time) confirm your H8 ?
not euphoria follower
- #31,526
- Sep 26, 2012 11:20am Sep 26, 2012 11:20am
- | Joined May 2010 | Status: Non Member | 2,751 Posts
the other side :
- Time frame : Quarter
- Double emerging hamornic pattern
Double emerging pattern means ? Sorry for my idiot question.
Don't be smart. Be rich.
- #31,527
- Sep 26, 2012 11:26am Sep 26, 2012 11:26am
- Joined Jul 2010 | Status: Always manage your risk & leverage | 7,339 Posts
not euphoria follower
- #31,528
- Sep 26, 2012 11:31am Sep 26, 2012 11:31am
- | Joined May 2010 | Status: Non Member | 2,751 Posts
Don't be smart. Be rich.
- #31,530
- Sep 26, 2012 11:59am Sep 26, 2012 11:59am
I am not going to get too hung up about the technicals.
I am going to stick to fundamentals at this point. Oil down 2% while Dollar is up 0.3%... obviously oil traders think differently than FX traders atm. I am siding with oil on this one
I am going to stick to fundamentals at this point. Oil down 2% while Dollar is up 0.3%... obviously oil traders think differently than FX traders atm. I am siding with oil on this one
Went on short holidays for few days, and so many posts here, and U/J lower :>
From technical point of view support at 77.50-77.60 leve still is valid. For bulls to take initiative, the 78.40 lvl must be broken (and to do that they need to get over 77.92-78.00). If we will fall under 77.50, next stops are 77.10-77.00 and 76.80.
From more fundamental point of view, Japs are getting annoyed by everything what is happeninng. Their another easing was a failure in terms of weakening yen, so what do the do? Announce they can do more easing!! Anyway, we are at "intervention" levels now, which still can be done, as election are coming at Japan, and ruling party would probably like to weaken yen for exporters, so they could vote for them. Also, as Azumi doesn't care anymore, he can throw lots of money in FX and someone after him will have to take care of the situation
Ofcourse all of these are only speculations, market will do what it please, and show us the way
From technical point of view support at 77.50-77.60 leve still is valid. For bulls to take initiative, the 78.40 lvl must be broken (and to do that they need to get over 77.92-78.00). If we will fall under 77.50, next stops are 77.10-77.00 and 76.80.
From more fundamental point of view, Japs are getting annoyed by everything what is happeninng. Their another easing was a failure in terms of weakening yen, so what do the do? Announce they can do more easing!! Anyway, we are at "intervention" levels now, which still can be done, as election are coming at Japan, and ruling party would probably like to weaken yen for exporters, so they could vote for them. Also, as Azumi doesn't care anymore, he can throw lots of money in FX and someone after him will have to take care of the situation
Ofcourse all of these are only speculations, market will do what it please, and show us the way
- #31,538
- Sep 27, 2012 1:58am Sep 27, 2012 1:58am
- | Joined Oct 2011 | Status: Trader | 1,247 Posts
Quarter end is Oct 31., and this is the Year end too in Japan. Last year at Oct 31. there was a 300 pip intervention
have i made myself look a bit silly
The japanese are to polite they have been getting shafted for a long time