Where's Maxdoom? Retired in his château in his silk nightwear?
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Disliked{quote} too risky for me, might try around 1.195 if it gets support thereIgnored
DislikedThat YEN is down almost 3% today which is a lot in my opinion. Getting closer to Morgan Stanley's target price of 106 now and further away from Goldman Sachs target price of 130. I closed my DAX position at 10,200 which was a bit too early but none the less a profit. I am still bearish long term on the YEN and Japan needs a weak YEN to sell their products to all them Chinese and Asian tourists to make up for export losses.Ignored
Dislikedmight look for a long scalp in GBPJPY on a test of 156.60... {image}Ignored
Dislikedaj at some point may be trying for 96.09 norm. it may have set up a 95.20 target. 77.56/81.97 may be bounce zone. this would/may stick a pencil in s/p going to summer 2013 levels. one is probably wrong. i think it's the aj, i dont know for sure. either a aj bounce or a decent market drop.. it is possible aj close to 77.56 would fit s/p summer 2013. time will tell. {image}Ignored
Morgan Stanley now sees the yen to end the year at 106 per dollar.