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by Ashraf Laidi
Posted: Nov 10, 2009 16:34
Comments: 611
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This thread was started in response to the Article:

Don't Forget the Yen

Much ado about USD rebounds during falling markets, but JPY strength still outperforms USD.
 
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Ashraf Laidi
London, UK
Posts: 0
14 years ago
Jan 22, 2010 19:04
guys, not focusing to much on USDJPY (too busy with AUDJPY GBPUSD and of course CADJPY).

yes it does look like H&S but im not ready to jump on selling USDJPY aggresively


Ashraf
MetacuxRevival
Singapore
Posts: 45
14 years ago
Jan 22, 2010 15:15
is tat a inverted head & shoulders formation in USD/JPY hourly chart?
Letisha
St. Catherine, Jamaica
Posts: 156
14 years ago
Jan 22, 2010 14:12
Thx Asraf for the wonderful analysis...I booked profits on AUDJPY & GBPJPY!
Any suggestions as to where you see USDJPY for next week. I have a short position and was wandering if it wld be wise to carry over into next week. Your thoughts on this wld be highly regarded.

Thx,
Letisha

P>S> Enjoy your weekend!
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Jan 22, 2010 13:58
AUDJPY STILL DOINT IT
http://bit.ly/4VNfXV
said
mulhouse, France
Posts: 2822
14 years ago
Jan 22, 2010 9:43
PIPPED OFF

i gave yesterday a target of 90.70 before shorting usgyen
i am maintaining this level.
or i take on therisk of telling forum to short right now
Pablo
Bolivia
Posted Anonymously
14 years ago
Jan 22, 2010 8:22
PippedOff I did not say I wasnt short usd/jpy.....and now I add on london open

Target for additional position 89.50..SL 90.60
rkkashmir
Posted Anonymously
14 years ago
Jan 22, 2010 7:26
I hope none of the good folk here are getting hurt by this turnaround in late-asia, early-europe session.

Remember, things don't always follow the same direction after 300 straight days and 200-300 pip ,oves. Don't get greedy. There is always another opportunity
momojo
New Jersey, United States
Posts: 4
14 years ago
Jan 22, 2010 5:32
@jesus: He corrected the $88.60 to $80.60 thus meaning to short. I had to think about that one, too.
Letisha
St. Catherine, Jamaica
Posts: 156
14 years ago
Jan 22, 2010 5:25
@ jesus: He must have meant short cause he wldn't advise you to go long at a higher price...but rather at lower price of the mkt.
jesus
Egypt
Posts: 1
14 years ago
Jan 22, 2010 5:07
abt that $AUDJPY short from 81.90, start take profts abt now; then reopen > 81 for 88.60
did ashraf mean go long up to 88.60 or i got it in the wrong way
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