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Posts by "steven blyth"

147 Posts Total by "steven blyth":
146 Posts by member
Steven Blyth
(London, United Kingdom)
1 Posts by Anonymous "steven blyth":
Steven Blyth
London, UK
Posts: 148
15 years ago
Aug 17, 2009 9:55
TraderKos. Hi there. Currently out of my USDJPY short as there are better shorts. CADJPY and GBPJPY. Ashraf speculates a sub 93 target by end of August. Happy Profits.
Steven Blyth
London, UK
Posts: 148
15 years ago
Aug 15, 2009 1:03
A_V_G. If i may. If you have taken a position in USDJPY then you should have an opinion as to where it may be going. Most feel its a good short to the low 90 range for the end of August.
Steven Blyth
London, UK
Posts: 148
15 years ago
Aug 14, 2009 20:02
For those of us interesting in USDJPY.

"Another bearish factor weighing on the pair is a news report from Nikkei newspaper that Japanese exporters have lowered their hedges from 9500 with Toyota now targeting 9000 and Sony 9300. If true, the drift below 9500 may no longer be as detrimental to Japanese economy as it was at the start of this year and will therefore face less resistance by Japanese monetary authorities.

Taken from fx360.com from a larger article:http://tinyurl.com/qdgp9a
Steven Blyth
London, UK
Posts: 148
15 years ago
Aug 14, 2009 19:14
Looks like a slight lift in SPY coming thus exited my shorts.

Next week i suppose its fresh shorts on CADJPY, USDJPY, AUSJPY and GBPJPY.
Steven Blyth
London, UK
Posts: 148
15 years ago
Aug 14, 2009 18:27
Spec. I have an ostrich egg for you.
Steven Blyth
London, UK
Posts: 148
15 years ago
Aug 13, 2009 17:34
Pretty definitive support at 15800 (GBPJPY). Waiting for signs of life here.
Steven Blyth
London, UK
Posts: 148
15 years ago
Aug 13, 2009 13:10
I have come to realize (and read) that trying to find the tops and bottoms of things is just to risky though i'm guilty of it also. Ideally wait for confirmation of moves before taking a position. Thus NO shorts yet people! :) Just thought i'd pepper the forum on my staycation. Good luck.
Steven Blyth
London, UK
Posts: 148
15 years ago
Aug 13, 2009 9:38
I'm holding back on pulling the trigger on the risk aversion shorts just yet. Things are going up. Im going to nibble on a AUSUSD long for a bit. Seems the safe play at least long term.
Steven Blyth
London, UK
Posts: 148
15 years ago
Aug 12, 2009 23:15
Thinking it may be worth holding back on opening up a short on USD and JPY crosses as the asia may be UP. Hmmm... Possibly wait for morning on this one.
Steven Blyth
London, UK
Posts: 148
15 years ago
Aug 12, 2009 20:06
Who like me was shorting GBPUSD nicely and then found themselves being suddenly on the wrong side of the fence? Ouch.