Comments on: Stronger Yen. http://fxmadness.com/2009/04/06/general/stronger-yen/ This blog goes where few traders dare - the exciting world of Forex outside the dollar! Tue, 31 Jan 2012 13:20:56 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Prosecutors in trouble. | fxmadness.com http://fxmadness.com/2009/04/06/general/stronger-yen/comment-page-1/#comment-1247 Prosecutors in trouble. | fxmadness.com Tue, 07 Apr 2009 17:36:52 +0000 http://fxmadness.com/2009/04/06/general/stronger-yen/#comment-1247 [...] Markets must have liked it because AUD went on a run. This put a wrinkle in my plans from yesterday to sell AUD-CHF. It simply didn’t happen, price went the other way, but, for now, the order [...] [...] Markets must have liked it because AUD went on a run. This put a wrinkle in my plans from yesterday to sell AUD-CHF. It simply didn’t happen, price went the other way, but, for now, the order [...]

]]> By: Andy http://fxmadness.com/2009/04/06/general/stronger-yen/comment-page-1/#comment-1246 Andy Tue, 07 Apr 2009 10:38:19 +0000 http://fxmadness.com/2009/04/06/general/stronger-yen/#comment-1246 Man, yen is getting stronger. GBP/jpy under 147, good size move. Now I'm really glad my trade from yesterday was closed when it did. Man, yen is getting stronger. GBP/jpy under 147, good size move. Now I’m really glad my trade from yesterday was closed when it did.

]]> By: admin http://fxmadness.com/2009/04/06/general/stronger-yen/comment-page-1/#comment-1245 admin Tue, 07 Apr 2009 04:35:00 +0000 http://fxmadness.com/2009/04/06/general/stronger-yen/#comment-1245 I'm waiting until after the BoJ meeting concludes before doing any new analysis. I think yen will get a little stronger, before turning again, but right now I'm leaving it alone, at least through today (Tuesday). I’m waiting until after the BoJ meeting concludes before doing any new analysis. I think yen will get a little stronger, before turning again, but right now I’m leaving it alone, at least through today (Tuesday).

]]> By: Renata http://fxmadness.com/2009/04/06/general/stronger-yen/comment-page-1/#comment-1244 Renata Tue, 07 Apr 2009 04:17:43 +0000 http://fxmadness.com/2009/04/06/general/stronger-yen/#comment-1244 Just like you stated in your post, Yen is stronger. Do you think this is over for now and perhaps now is good time to buy Yen pairs? Just like you stated in your post, Yen is stronger. Do you think this is over for now and perhaps now is good time to buy Yen pairs?

]]> By: admin http://fxmadness.com/2009/04/06/general/stronger-yen/comment-page-1/#comment-1243 admin Tue, 07 Apr 2009 03:38:04 +0000 http://fxmadness.com/2009/04/06/general/stronger-yen/#comment-1243 Mark, when I originally started selling EUR-GBP in January, I was sure it showed blow out top. Since that time I had good results shorting it. Currently, though, my opinion is not that strong. If that was the top I thought it would be, price should be closer to 0.8000 level by now. In fact, daily chart looks like it's consolidating, which favors another run on top. I'm looking for short trades only here, for now, but my convictions are not as strong as they once were. Mark, when I originally started selling EUR-GBP in January, I was sure it showed blow out top. Since that time I had good results shorting it. Currently, though, my opinion is not that strong. If that was the top I thought it would be, price should be closer to 0.8000 level by now. In fact, daily chart looks like it’s consolidating, which favors another run on top. I’m looking for short trades only here, for now, but my convictions are not as strong as they once were.

]]> By: Mark http://fxmadness.com/2009/04/06/general/stronger-yen/comment-page-1/#comment-1242 Mark Mon, 06 Apr 2009 20:57:18 +0000 http://fxmadness.com/2009/04/06/general/stronger-yen/#comment-1242 Also managed to grab a few pips on the short side of EUR.GBP this morn. Maybe this one is coming back to earth after the moonshot of recent months? Another interesting perspective on this one from "Proprietary Trader": http://taichiseal.blogspot.com/2009/04/eurgbp-testing-trendline-support.html Also managed to grab a few pips on the short side of EUR.GBP this morn. Maybe this one is coming back to earth after the moonshot of recent months? Another interesting perspective on this one from “Proprietary Trader”:

http://taichiseal.blogspot.com/2009/04/eurgbp-testing-trendline-support.html

]]> By: Prudence http://fxmadness.com/2009/04/06/general/stronger-yen/comment-page-1/#comment-1241 Prudence Mon, 06 Apr 2009 20:56:27 +0000 http://fxmadness.com/2009/04/06/general/stronger-yen/#comment-1241 "New order presented..." So I'm all depressed, trying to look at the charts and pick an entry point when I switch to the daily chart and it spikes right before my eyes. Or maybe it just hadn't updated in a while but I got a little jolt. I liked it. “New order presented…” So I’m all depressed, trying to look at the charts and pick an entry point when I switch to the daily chart and it spikes right before my eyes. Or maybe it just hadn’t updated in a while but I got a little jolt. I liked it.

]]> By: admin http://fxmadness.com/2009/04/06/general/stronger-yen/comment-page-1/#comment-1240 admin Mon, 06 Apr 2009 18:26:28 +0000 http://fxmadness.com/2009/04/06/general/stronger-yen/#comment-1240 Diversifying a little bit. Remember that I always trade Beast short term breakouts, have another longer term trade and had few more Pound positions. EUR-JPY worked just fine Diversifying a little bit. Remember that I always trade Beast short term breakouts, have another longer term trade and had few more Pound positions. EUR-JPY worked just fine

]]> By: Bob http://fxmadness.com/2009/04/06/general/stronger-yen/comment-page-1/#comment-1239 Bob Mon, 06 Apr 2009 17:46:22 +0000 http://fxmadness.com/2009/04/06/general/stronger-yen/#comment-1239 Mike, how come you bought eur/jpy at the open and not gbp/jpy? Your trading includes a lot of the beast, so why not this time? Mike, how come you bought eur/jpy at the open and not gbp/jpy? Your trading includes a lot of the beast, so why not this time?

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