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Don't Forget the Yen
Much ado about USD rebounds during falling markets, but JPY strength still outperforms USD.
Curious to know if you think we saw the top in AUSJPY in October? Am trying to work out if this is a AUSJPY Long buying opportunity.
Steven
Radu, each time Jpns officials will speak market will back down for a bit before attacking again, wanting daring the Jpns to intervene. Traders will favour USD and JPY interchangeably.
Ashraf
Congrats again. Spot on for the EUR YEN.
What do you think if the the govts dont intervene would EURYEN going to hit 125.00
Thanks.
Hey Ashraf ,
Congrats for the jpy call !
How can we interpret the Hirohisha Fujii"s statements ?
This a link to thesehttp://www.bloomberg.com/apps/news?pid=20601087&sid=aPGdrf5UVcrA&pos=2
Thanks
Vik ,
When i talk about the stop loss orders i don"t thinck to you (imo , you seem to pass that trader"s phase) ... i thinck more of me and my very hard lesson on gbp/jpy last month and for other persons who trade on this www.
I make a small quick long play on eur/jpy in 129.355 and close in 128.6 and now i"m short in 128.885...small position too
GL
I never enter a trade without a stop. But also never trade on such crazy days
time to go and hit the tennis courts
see u later
Hi Vik ,
Indeed , wild swings , i agree
Everybody must be very carefully
And lake Asad said : put stop orders (Nathan scenario) :)
LAst month i REALLY understand how healthy is a stop loss order (it is very , very painful etc. ... but is better with it) and now , when i look to wild moves on jpy i realised that once again .
Good luck all