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  • #10,841
  • Oct 14, 2012 11:23pm Oct 14, 2012 11:23pm
what about $ ?



Quoting DaddyBear
I have noticed a few times about the JPY currency symbol ¥
being used by China for CNY. This is not only confusing people but also indicating a lack of creativity of their own currency symbol.
There must be some "better" design such as a Y and a sickle crossed. Don't they love communism so much? Why borrow something from capitalism Japan?
  • #10,842
  • Oct 14, 2012 11:24pm Oct 14, 2012 11:24pm
btw its the japanese who copy/follow the chinese,


Quoting DaddyBear
I have noticed a few times about the JPY currency symbol ¥
being used by China for CNY. This is not only confusing people but also indicating a lack of creativity of their own currency symbol.
There must be some "better" design such as a Y and a sickle crossed. Don't they love communism so much? Why borrow something from capitalism Japan?
  • #10,843
  • Oct 14, 2012 11:26pm Oct 14, 2012 11:26pm
Quoting DaddyBear
While some people may see this a double bottom, I see it going to be a double top soon.
This is a question of "Is the bottle half full or half empty?" What is the drawing below? Do you see something?

This stage is a consolidation. Is it a continuation or a reversal?

(http://online.wsj.com/article/SB10001424052702304363104577390161650400418.html)
Attached Image (click to enlarge)
Click to Enlarge Name: F.JPG Size: 17 KB
daddybearforex. com
  • #10,844
  • Oct 14, 2012 11:30pm Oct 14, 2012 11:30pm
Quoting HelloOz
btw its the japanese who copy/follow the chinese,
It's the other way around. Japan had used this symbol for a long time before China opened its door to the capitalism.
daddybearforex. com
  • #10,845
  • Oct 14, 2012 11:35pm Oct 14, 2012 11:35pm
from my understanding Yuen means "dollar"

from wikipedia
Yuan in Chinese literally means a "round object" or "round coin". During the Qing Dynasty (http://en.wikipedia.org/wiki/Qing_Dynasty), the yuan was a round and silver coin.


Quoting DaddyBear
It's the other way around. Japan had used this symbol for a long time before China opened its door to the capitalism.
  • #10,846
  • Edited 11:57pm Oct 14, 2012 11:40pm | Edited 11:57pm
Quoting HelloOz
btw its the japanese who copy/follow the chinese,
The Japanese Yen
The yen was adopted as Japan's official currency in May, 1871. ....... The "Y" used in the yen symbol may have been adopted due to the propensity of foreigners to pronounce the word "en" with a "y" preceding it.

http://www.investopedia.com/financial-edge/0710/the-origins-of-common-currency-symbols.aspx#axzz29L5ibazc

Red China was established in 1949. How could Japan copy something from a communism country not existing in 1871?
daddybearforex. com
  • #10,847
  • Oct 14, 2012 11:51pm Oct 14, 2012 11:51pm
Ok,
let me ask you,
why some of japanese characters so similar to the chinese?


Quoting DaddyBear
The Japanese Yen
The yen was adopted as Japan's official currency in May, 1871.
http://www.investopedia.com/financial-edge/0710/the-origins-of-common-currency-symbols.aspx#axzz29L5ibazc

Red China was established in 1949. How could Japan copy something from a communism country not existing in 1871?
  • #10,848
  • Oct 15, 2012 12:01am Oct 15, 2012 12:01am
Quoting HelloOz
from my understanding Yuen means "dollar"

from wikipedia
Yuan in Chinese literally means a "round object" or "round coin". During the Qing Dynasty (http://en.wikipedia.org/wiki/Qing_Dynasty), the yuan was a round and silver coin.
I know that they share the similar name of currencies, but I was talking about the currency sign ¥.
daddybearforex. com
  • #10,849
  • Oct 15, 2012 12:03am Oct 15, 2012 12:03am
so you saying AUD should not be $ ?


Quoting DaddyBear
I know that they share the similar name of currencies, but I was talking about the currency sign.
  • #10,850
  • Oct 15, 2012 12:05am Oct 15, 2012 12:05am
Quoting HelloOz
so you saying AUD should not be $ ?
Aussie uses A$ instead of $.
daddybearforex. com
  • #10,851
  • Edited 12:31am Oct 15, 2012 12:09am | Edited 12:31am
Quoting HelloOz
Ok,
let me ask you,
why some of japanese characters so similar to the chinese?
Japanese copied Chinese writing system during Tang Dynasty about 1200 years ago. They shared same basic culture before. After WII it has changed. I was not talking about the pronunciations of JPY and CNY but the currency signs.
daddybearforex. com
  • #10,852
  • Oct 15, 2012 12:18am Oct 15, 2012 12:18am
good point... hmm.....

Quoting DaddyBear
Japanese copied Chinese writing system during Tang Dynasty about 1200 years ago. They share same basic culture before. After WII it has changed. I was not talking about the pronunciations of JPY and CNY but the currency signs.
  • #10,853
  • Oct 15, 2012 5:46am Oct 15, 2012 5:46am
its been going up all day!!
  • #10,854
  • Oct 15, 2012 8:32am Oct 15, 2012 8:32am
Someone better double check their history. The Japanese had the Chinese writing system introduced to them by the Koreans. Later they derived their own phonetic alphabet systems from the Chinese characters. Hiragana and Katakana.

Also, the last Dynasty in China was overthrown in 1912 by the R.O.C. =Republic of China... not to be confused with the P.R.C. = the People's Republic of China.

You are correct that it is pronounced en. But if you look at the character that they use for their money symbol is 円.

Not sure if you can see the symbol on your computer, unless your computer can read Chinese characters. Also, Japanese and Communist China (P.R.C.) don't use traditional Chinese Characters. They still use traditional characters in the R.O.C. though.
Luck has no place in trading. Leave that for the poker table.
  • #10,855
  • Oct 15, 2012 11:19am Oct 15, 2012 11:19am
Quoting Daytrader74
its been going up all day!!
It was up around 10:30 AM EST. What did you mean all day?
daddybearforex. com
  • #10,856
  • Oct 15, 2012 11:22am Oct 15, 2012 11:22am
Quoting Pair-me-up
Someone better double check their history. The Japanese had the Chinese writing system introduced to them by the Koreans. Later they derived their own phonetic alphabet systems from the Chinese characters. Hiragana and Katakana.

Also, the last Dynasty in China was overthrown in 1912 by the R.O.C. =Republic of China... not to be confused with the P.R.C. = the People's Republic of China.

You are correct that it is pronounced en. But if you look at the character that they use for their money symbol is 円.

Not sure if you can see the...
I was talking about currency sign ¥ not the history.
daddybearforex. com
  • #10,857
  • Oct 15, 2012 12:28pm Oct 15, 2012 12:28pm
Quoting DaddyBear
I was talking about currency sign ¥ not the history.
so desu ka?

Demo rekishi no koto mo iwanakata no kai?
Luck has no place in trading. Leave that for the poker table.
  • #10,858
  • Oct 15, 2012 5:13pm Oct 15, 2012 5:13pm
http://www.forexfactory.com/showthread.php?p=6100488#post6100488



thanks,

G
Wooooohooooo or Boooooohooooo
  • #10,859
  • Oct 15, 2012 6:21pm Oct 15, 2012 6:21pm

I closed out my LONG positions with a small loss!
  • #10,860
  • Oct 15, 2012 6:27pm Oct 15, 2012 6:27pm
Quoting Daytrader74

I closed out my LONG positions with a small loss!

you closed it manually or sl triggered?

sorry to hear that
Wooooohooooo or Boooooohooooo
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