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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.
 
MetacuxRevival
Singapore
Posts: 45
14 years ago
Jan 8, 2010 5:08
rkkhasmir'

wat is ur target for usd/jpy?
rkkashmir
Posted Anonymously
14 years ago
Jan 8, 2010 4:52
Buying first lots of usd.jpy down here at 93.17 now that Fin Min Kan is done speaking taking back a bit of what he said last night.
rkkashmir
Posted Anonymously
14 years ago
Jan 8, 2010 3:14
@said: I'm concentrating on making $$ in this market. I don;t know what your points are motives are...
said
mulhouse, France
Posts: 2822
14 years ago
Jan 8, 2010 2:02
kashmir
if ur ppt story is accurate tell me how san fransisco is involved? dont tell me the scientology, i will tell u the souper.
side financing how do u correlate municipal with external resources transfert?
mammal conservation.
said.
said
mulhouse, France
Posts: 2822
14 years ago
Jan 8, 2010 1:34
rkkashmir
the weather in west coast and the californianPPT?!!
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Jan 8, 2010 1:31
annauel, depends if its a stock or cash based M&A deal, but these things are usally "consummated" within a month after the signing.

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Ashraf
rkkashmir
Posted Anonymously
14 years ago
Jan 8, 2010 1:22
@frank: don't know how far the usd/jpy pair could drop. I suspect to 92.10/92.20. I have no interest in shorting it. I'd prefer to buy on the dips for the next two months.

@mont: i remember you saying you were going long eur/gbp. I am starting to nip at it also. I am long 2 units of it at themoment. Congrats on your trading success today, and glad you had fun. The real action starts a about 1:00/1:30 am new york time when the European session starts kicking in.

Any early rally in eur and gdp vs usd will be sold before NFP at 5:30 am ny time.

I feel the same as you regarding aud. Tough to short it, but I think it is headed (much) lower. At least you get paid to hold it, lol. Gold and aud and nzd look very, very toppy. i expect sharp pull-backs in all three. I don't really trade nzd. I will go long gold and aud when gold gets around 1070 or so.

Good trading...

said
mulhouse, France
Posts: 2822
14 years ago
Jan 8, 2010 0:45
frank

objectif of 92.74 61 percent retracement but before 94.34 plus

sorry i dont metachart so i cant have an accuracy in my projections.
said
France
Posted Anonymously
14 years ago
Jan 8, 2010 0:41
frank
as usual i always work on two scenario
the first began at 84.84 and go all the way up to now at 93.49. that tell me that i have a 3 impulsives waves in a downward trend and that i am nearing the top of the formation above 94.34 approximatively. at 93.85 i am still expecting a pullback before the fifth wave of the last minor waves. AFTER its all the way down 82
the second is more intersting and more in line with FINMIN KAN calling for a weak yen and that goes all the way up to 103
it sounds crazy but u asked my opinion.
FrankBrit
Frankfurt am Main, Germany
Posts: 73
14 years ago
Jan 8, 2010 0:05
Noted yrs @ said and thanks (93.85 USD/JPY to stall out). But what's your reckoning on where the USD/JPY pull back will complete on the daily charts? Which Fibonacci level?