My real time forex trades

I will watch carefuly Asian session today, curious if they continue selling yen crosses. My most likely next victim will be chf/jpy, at these levels looks very overvalued and I have no clue what's keeping it so high for so long, perhaps little int. differential;

This little crap chf and so called safe heaven currency should trade in 85.00 area by the end of this year.
 
Quote from TMcKenna:

Shorted chf/jpy at 93.52 one lot only,
hopefully some buyers push it up over 94 again so I can short some more
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Shorted second lot at 94.75, average short now at 94.13
 
Quote from TMcKenna:

Shorted eur/jpy at 149.68, as usual one lot only for now. No stop loss needed!!!!!!!!!!
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Closed at 149.25 for +43pips, it was good scalp
 
Quote from TMcKenna:

Shorted second lot at 94.75, average short now at 94.13
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Closed short at 94.04 for +9pips.
I am sick and tired of this f....n yen, its a garbage currency and nobody wants to hold it, so why would I?
 
Long eur/cad 1.4178
Long eur/usd 1.2764
Short usd/cad 1.1105

My bet is eur/cad and eur/usd going up mid term, usd/cad is a hedge so I don't have to use s/l.
 
Quote from TMcKenna:

Closed short at 94.04 for +9pips.
I am sick and tired of this f....n yen, its a garbage currency and nobody wants to hold it, so why would I?
More...

Well, read this

August 09, 2006
US automakers accuse Japan of currency manipulation
This week, Japanese automakers reported strong earnings for the latest quarter, and American trade groups are furious. If you remember, American automakers have been complaining for the better part of this year that the Japanese government is depressing the value of the Yen in order to make Japanese exports more competitive. When confronted with the fact that the Bank of Japan has not officially intervened on behalf of the Yen since 2004, the automakers respond that the government continues to threaten intervention in the event that the Yen actually appreciates. This is tantamount to currency manipulation, they argue, because traders are reluctant to bid up the value of the Yen lest the government actually intervene to force it back down. Reuters reports:


“Every time the yen starts to move in a substantial way, `Japan Inc.` and the Japanese finance minister roll out thundering noises” discouraging currency traders from betting on a stronger yen.
 
Quote from TMcKenna:

Long eur/cad 1.4178
Long eur/usd 1.2764
Short usd/cad 1.1105

My bet is eur/cad and eur/usd going up mid term, usd/cad is a hedge so I don't have to use s/l.
More...

Closed
eur/cad at 4205 for +27
eur/usd at 2832 for +68
usd/cad at 1076 for +29
Total profit 124 pips
 
Watching closely usd/cad to go long, ideally near 1.1020, I don't think I'll get it today but perhaps by the end of this week, if euro crap manages to hit 1.29 + I might get it. Last week of the month are all those oil payments due, so it usually supports cad.
 
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