Forum > View Topic
by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 1558
Forum Topic:

JPY

Discuss JPY
 
1...232425262728293031323334353637...156
Dave J
Canada
Posts: 197
12 years ago
Apr 10, 2012 17:42
....watching 80.00 level/ floor?...will BoJ let it break...
cat0nip
Frankfurt, Germany
Posts: 1632
12 years ago
Apr 3, 2012 9:44
that is bolstered by a sharp decrease of JPY monetary base y/y
cat0nip
Frankfurt, Germany
Posts: 1632
12 years ago
Apr 2, 2012 20:49
talks of yen repatriation i am still short in usdjpy tp 81
Dave J
Canada
Posts: 197
12 years ago
Apr 2, 2012 17:14
...further downside on usdjpy?... levels watching - 81.00, 80.50, 79.20...prefere scalps to shortside with BoJ and rolls' quite the disincentives...
Dave J
Canada
Posts: 197
12 years ago
Mar 29, 2012 21:03
...if yen crosses can finish around current levels for the day...odds starting to look in favour of selling yen again, probably on a simple 50fib, with stops below recent lows...aud/jpy seems to be leading the pack in this regard...
jacek
Melbourne, Australia
Posts: 2579
12 years ago
Mar 16, 2012 14:14
yeap.. looks like we have seen a major low..
http://i672.photobucket.com/albums/vv87/FXforecaster/Harmonic%20Elliott%20Wave/MonthlyUSDJPYcycles.jpg
Helmut
Hannover, Germany
Posts: 24
12 years ago
Mar 14, 2012 15:56
I don't think so, the BOJ will do everything to weaken the Yen. The JPY is totally overvalued and belongs more than 100. When you check historical charts on a monthly base you will see, once such a trend is starting it can go for a long period. Another reason is that there are economic reasons that the Yen should loose significant value. Maybe the safe haven Yen is also history.
Celtic girl
Andorra, Andorra
Posts: 20
12 years ago
Mar 14, 2012 15:35
Does anyone think that repatriation flows towards end of fiscal year will strengthen yen,
in others words looking for a retrace of usd/yen
Qingyu
manchester, UK
Posts: 1763
12 years ago
Mar 14, 2012 13:15
cuz chinese house wife trade usdjpy well? :P
Helmut
Hannover, Germany
Posts: 24
12 years ago
Mar 14, 2012 11:09
I wondering myself why here is little discussion about USD/JPY long. It is my best FX trade so far. I am JPY short since summer last year and finally the JPY gets significant weaker, I bought several additional positions as a pyramid, it is working well. The Yen it is still totally overvalued. I may close half of the position at 87, the remaining can go up to 110 which may take another year.

The USD/JPY FX long has also the advantage that there are no daily rolling costs which means I can hold out for a long time.

PS: I am also Long EUR/CHF which is a similar situaltion like the JPY, here I am still waiting that the CHF gets weaker.
Report Reply
1...232425262728293031323334353637...156