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  • #777,761
  • Mar 25, 2013 11:55am Mar 25, 2013 11:55am
What in the world is up with Yen
When the facts change I change my mind, what do you do sir
  • #777,762
  • Mar 25, 2013 11:56am Mar 25, 2013 11:56am
Quoting MaxDoom
If we pass 284x low then we are probably looking at this scenario on daily....
the month still is very pretty.. the last attempt sent the bulls packing, they were unable to even get to the close.
those who can, do. those who cant, talk about those who can
  • #777,763
  • Mar 25, 2013 11:57am Mar 25, 2013 11:57am
Quoting Pip Anon
What in the world is up with Yen
wicked isn't it

these trades have been coming all day long
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  • #777,764
  • Mar 25, 2013 11:58am Mar 25, 2013 11:58am
Quoting Pip Anon
What in the world is up with Yen
Is it the old "Yen is safe" story maybe? People see Euro crumble and think "Crap, got to get me a SAFE currency" and off to the Yen they go.
Not all sins are created equal
  • #777,765
  • Mar 25, 2013 11:58am Mar 25, 2013 11:58am
Quoting Pip Anon
What in the world is up with Yen
some dumb-ass was talking about 114.xx and 107.xx
those who can, do. those who cant, talk about those who can
  • #777,766
  • Mar 25, 2013 11:58am Mar 25, 2013 11:58am
Quoting MaxDoom
wicked isn't it

these trades have been coming all day long
I know its crazy. Nothing like finding security in a country with a debt-to-GDP of 230%
When the facts change I change my mind, what do you do sir
  • #777,767
  • Mar 25, 2013 12:00pm Mar 25, 2013 12:00pm
Quoting Jay Walker
Is it the old "Yen is safe" story maybe? People see Euro crumble and think "Crap, got to get me a SAFE currency" and off to the Yen they go.
That's what I assume. What I find funny is that they find the Yen safe
When the facts change I change my mind, what do you do sir
  • #777,768
  • Mar 25, 2013 12:04pm Mar 25, 2013 12:04pm
Quoting Pip Anon
That's what I assume. What I find funny is that they find the Yen safe
give perception time. next quarter when Toyota reports record sales, and record losses, at the same time. things will change or blowup.
those who can, do. those who cant, talk about those who can
  • #777,769
  • Mar 25, 2013 12:06pm Mar 25, 2013 12:06pm
Quoting gatorinla
give perception time. next quarter when Toyota reports record sales, and record losses, at the same time. things will change or blowup.
Yea I know. Just like today, for example. Nobody batted an eye about Cyprus. The deal was the solution to the issue. Tough it up. Now that it was called the "model solution" the market tanks.
When the facts change I change my mind, what do you do sir
  • #777,770
  • Mar 25, 2013 12:07pm Mar 25, 2013 12:07pm
Quoting Pip Anon
That's what I assume. What I find funny is that they find the Yen safe
I don't. We physically held some Yen in my place and sold them waiting to buy them for less.
Not all sins are created equal
  • #777,771
  • Mar 25, 2013 12:08pm Mar 25, 2013 12:08pm
mom and paps are all short the euro...
  • #777,772
  • Mar 25, 2013 12:09pm Mar 25, 2013 12:09pm
closed the rests from 3006, 2933, 2965, at 2952. i am tired..time for bed, 12am here..

have never used trailing stops, the past 7-8months have almost used mt4 mobile exclusively. is good, to keep me off from looking too further into details.

good monday, good euro, greenies

enjoy the close everyone...
take care...
  • #777,773
  • Mar 25, 2013 12:09pm Mar 25, 2013 12:09pm
poor old church


NICOSIA (AFP)--Cyprus's wealthy Orthodox Church stands to lose more than 100 million euros ($129.8 million) in the bailout deal reached with international creditors early Monday, its leader Archbishop Chrysostomos said.

"The capital owned by the Church, which was over 100 million euros, has been lost," the archbishop told reporters.

"There will be many difficulties, some will lose their jobs, the hungry will be multiplied and the Church has to take care of people," he added.

The church has substantial shareholdings on the island, including in the banks at the center of the drastic financial sector cuts imposed by the European Union and the International Monetary Fund as a condition for releasing 10 billion euros in emergency loans.

The church's interests range from hotels to brewers, and it is also the island's biggest landowner.
  • #777,774
  • Mar 25, 2013 12:10pm Mar 25, 2013 12:10pm
Quoting Jay Walker
I don't. We physically held some Yen in my place and sold them waiting to buy them for less.
You have a connection to the Yen, and want to eventually live there and you're wife's family. I understand that. As a safe haven, I don't know if buying a currency in a stagnant economy and a 230% debt-to-GDP. Whether it is safe or not is obviously subjective.
When the facts change I change my mind, what do you do sir
  • #777,775
  • Mar 25, 2013 12:11pm Mar 25, 2013 12:11pm
Quoting SnaveForex
mom and paps are all short the euro...
what it means?
  • #777,776
  • Mar 25, 2013 12:12pm Mar 25, 2013 12:12pm
Quoting eliabreu
what it means?
coz its Shorts...baby..

this is serious shorts...mannn
  • #777,777
  • Mar 25, 2013 12:12pm Mar 25, 2013 12:12pm
Quoting SnaveForex
coz its Shorts...baby..

this is serious shorts...mannn
they are covering theyr shorts. is it?
  • #777,778
  • Mar 25, 2013 12:14pm Mar 25, 2013 12:14pm
Quoting eliabreu
they are covering theyr shorts. is it?
they cover 5 pips and short 20...
  • #777,779
  • Mar 25, 2013 12:14pm Mar 25, 2013 12:14pm
sorry now I see you say short.
I understand buy....
  • #777,780
  • Mar 25, 2013 12:15pm Mar 25, 2013 12:15pm
Quoting Pip Anon
You have a connection to the Yen, and want to eventually live there and you're wife's family. I understand that. As a safe haven, I don't know if buying a currency in a stagnant economy and a 230% debt-to-GDP. Whether it is safe or not is obviously subjective.
It's actually safer to shoot yourself in the foot than holding Yen. Even living there, no way I'd hold more than what I'm willing to lose in that currency.
Not all sins are created equal
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