reminds me i must find a ship horn wav as event reminder
- #61,121
- Aug 18, 2016 4:53am Aug 18, 2016 4:53am
- Joined Jun 2013 | Status: enjoying life | 23,842 Posts
- #61,123
- Aug 18, 2016 4:56am Aug 18, 2016 4:56am
- Joined Dec 2015 | Status: Trader | 7,803 Posts
{quote} yeah h1 / h4 confirmation on h4 candle open reminds me i must find a ship horn wav as event reminder
levels to watch for me... green lines...
got a target of 102.0x for longs from below 100... might not get there watch green lines first
I must have read about 20 articles today trying to understand why the YEN keeps getting stronger despite the possibility of more stimulus.
It's almost as if:
- the YEN would rise if the BoJ went back to ZIRP
- the YEN continues to rise if the BoJ stays at NIRP
- the YEN rises if the BoJ hints at more stimulus
- the YEN rises if the BoJ doesn't hint at more stimulus
- the YEN ..just rises!
I know teh BoJ have lost control of the effects to some extent.
I know the Japanese public repatriate their YEN in times of risk
I know there's a huge carry trade benefit against the YEN (vs e.g. NZD)
It has got to the point where I just can't read any YEN crosses except to assume
that it has a mind of its own and will continue to gain strength until something serious happens
(e.g. the wheels fall off!)
Does anyone with a deep economic understanding of the YEN have a rational and concise theory about why the YEN refuses to depreciate, and what the worse case scenario is?
(no guesses please, I do enough of that myself
Thanks.
It's almost as if:
- the YEN would rise if the BoJ went back to ZIRP
- the YEN continues to rise if the BoJ stays at NIRP
- the YEN rises if the BoJ hints at more stimulus
- the YEN rises if the BoJ doesn't hint at more stimulus
- the YEN ..just rises!
I know teh BoJ have lost control of the effects to some extent.
I know the Japanese public repatriate their YEN in times of risk
I know there's a huge carry trade benefit against the YEN (vs e.g. NZD)
It has got to the point where I just can't read any YEN crosses except to assume
that it has a mind of its own and will continue to gain strength until something serious happens
(e.g. the wheels fall off!)
Does anyone with a deep economic understanding of the YEN have a rational and concise theory about why the YEN refuses to depreciate, and what the worse case scenario is?
(no guesses please, I do enough of that myself
Thanks.
- #61,132
- Aug 18, 2016 8:56am Aug 18, 2016 8:56am
- | Membership Revoked | Joined Nov 2012 | 3,392 Posts
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
- #61,136
- Aug 18, 2016 9:21am Aug 18, 2016 9:21am
- | Membership Revoked | Joined Nov 2012 | 3,392 Posts
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
