Look at the strength of the Yen

syswizard · Aug 30, 2011

Quote from pattern39:

Deflation is always preceeded by inflation. Behooves me why anyone would long other currencies right now (effectively shorting the USD). USD is not getting trashed.... It will appreciately in value over the medium-long term.

And that makes sense given the record low interest rates in the US. If the USD didn't crash by now, it never will.
I think the Euro and the Yen are due for some weakness here.

syswizard · Sep 1, 2011

Quote from bond_trad3r:

Are you still holding? USD/JPY

It hit 77 today....so this is looking good.
Definitely not straight up however.....lots of retracement action in ALL of the major forex cross-pairs.

HATEtheRisk · Sep 2, 2011

Quote from syswizard:

It hit 77 today....so this is looking good.
Definitely not straight up however.....lots of retracement action in ALL of the major forex cross-pairs.

usdjpy
Next week, should someting happen, up to about 78 or continue trend to 75,90 and over that.
Another week of nothing going like this week, is very unlikely.

syswizard · Sep 3, 2011

Quote from HATEtheRisk:

usdjpy
Next week, should someting happen, up to about 78 or continue trend to 75,90 and over that.
Another week of nothing going like this week, is very unlikely.

CNBC's "Money in Motion" show was definitely positive on this trade....it appears the Yen must go down....and at near-zero interest rates, the dollar must rise.

HATEtheRisk · Sep 6, 2011

usdjpy
Now finally we took off. Lets see how far it will go,
it will hit minimum 78. Could break through up to 78.60 !!!

Tuesday, they couldnt wait longer to sell the Yen.
Tuesda is good, now we have enough time until Friday, for a good weekly move.

Happy money collecting.

spanish89 · Sep 6, 2011

My target is 80.09

HATEtheRisk · Sep 6, 2011

Quote from spanish89:

My target is 80.09

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thats good, it will need the whole september, do you know that ???
thats to long for me ! I am more the shorter trader guy.

Good luck

spanish89 · Sep 6, 2011

Quote from HATEtheRisk:

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thats good, it will need the whole september, do you know that ???
thats to long for me ! I am more the shorter trader guy.

Good luck

As soon as the BoJ intervene again it will hit 79/80 within seconds.

HATEtheRisk · Sep 6, 2011

Quote from spanish89:

As soon as the BoJ intervene again it will hit 79/80 within seconds.

Right. They just sent me an e-mail for VIPs, they will sell the YEN tomorrow at 02:00 am Eastern Standard Time.

Are you preparded ???

Didnt you get the email ?? Dont you be VIP ???

HAHAHAHAHAHA, what a fun.

Good trade

HATEtheRisk · Sep 12, 2011

Quote from spanish89:

As soon as the BoJ intervene again it will hit 79/80 within seconds.

Hahahaha, what now ???
i told you, if it wants to go to 80, it will take the whole september.

Lets see now, how far down it will go this week.

made good money so far. love the jpy.

see you