I don't know if it was manipulation, but what I do know is there is some good support between 96.80 - 97ish. People are just loading up.
Ignored
True. It seems like a though support. Atm it reached HH. Went long 97.05 (1 lot), 97.07 (0.5 lot), 97.08 (1 lot). SL at BE for all (for now) will move it up later if it plays out in my way.
{quote} FED won't print money this time. They will buy back bonds and asset backed securities until mid 2014 as they are swamped by money following steady printing for centuries to stimulate growth. BOJ will print money as usual to offset the effect of a new corporate tax and allow growth. in Japan there is a debt ratio equal to over 245%of GDP but they don't seem to care as they continue to print money. Many foresee a collapse of their economy over eccessive debt. http://www.telegraph.co.uk/finance/f...rajectory.html...
Ignored
How do you pay a debt like 245% of the GDP.? It's simple....you dont pay. Or you pretend to pay (print money ). Abe sayed he will do everything in his power to rech the inflation target(more printing)
{quote} Mine would be there too, but with a U.N. coalition strike against Syria impending I don't know exactly how USD will react to it.
Ignored
Yeah, that is the question. That's why we have to use SL. Uncertainties like the strike is could bring high volatilty and price could jump 100 pips +-.
But in general if we neglect the strike my plan is like I have written.
Still holding short since 98.2, with TP on 96.70. JPY will strengthen as per Syria conflict (safe heaven), will push pair lower. If breaking below 96 will go with another short as next target will be 95
Still holding short since 98.2, with TP on 96.70. JPY will strengthen as per Syria conflict (safe heaven), will push pair lower. If breaking below 96 will go with another short as next target will be 95
Ignored
100% Jesus! Passed pivot at 97.50. Good so far...
We'll se how hourly will play out...
{quote} How do you pay a debt like 245% of the GDP.? It's simple....you dont pay. Or you pretend to pay (print money ). Abe sayed he will do everything in his power to rech the inflation target(more printing)
Ignored
yeah until people no longer afford to buy a house, government no longer can pay pensions and money becomes worthless....real assets become the only measure of wealth. that is the end of a country.
