http://fxmadness.com/2009/08/04/general/japanese-yen-at-crossroads/ 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 http://fxmadness.com/2009/08/04/general/japanese-yen-at-crossroads/comment-page-1/#comment-2614 Wild swings. | fxmadness.com Wed, 12 Aug 2009 16:59:59 +0000 http://fxmadness.com/2009/08/04/general/japanese-yen-at-crossroads/#comment-2614 [...] which didn’t produce anything new and this about sums it up. On the technical side, however, Yen was at crossroads, or important level, from which next major move will unfold. So far, market is acting in an [...] [...] which didn’t produce anything new and this about sums it up. On the technical side, however, Yen was at crossroads, or important level, from which next major move will unfold. So far, market is acting in an [...]

]]> http://fxmadness.com/2009/08/04/general/japanese-yen-at-crossroads/comment-page-1/#comment-2566 Outlook for GBP-JPY. | fxmadness.com Sat, 08 Aug 2009 02:40:35 +0000 http://fxmadness.com/2009/08/04/general/japanese-yen-at-crossroads/#comment-2566 [...] a possible double top. This indicates retracement, sell off of some magnitude, and is common to all Yen pairs at the moment. It was covered in greater detail in last post. Since I already have a short position [...] [...] a possible double top. This indicates retracement, sell off of some magnitude, and is common to all Yen pairs at the moment. It was covered in greater detail in last post. Since I already have a short position [...]

]]> http://fxmadness.com/2009/08/04/general/japanese-yen-at-crossroads/comment-page-1/#comment-2519 admin Wed, 05 Aug 2009 05:28:06 +0000 http://fxmadness.com/2009/08/04/general/japanese-yen-at-crossroads/#comment-2519 Thank you Vlad, you are very kind. Looks like like JPY pairs are ready to sell off, although not permanent reversal. Next post will have more details, follow up to this one. Thank you Vlad, you are very kind. Looks like like JPY pairs are ready to sell off, although not permanent reversal. Next post will have more details, follow up to this one.

]]> http://fxmadness.com/2009/08/04/general/japanese-yen-at-crossroads/comment-page-1/#comment-2518 Vlad Wed, 05 Aug 2009 04:28:36 +0000 http://fxmadness.com/2009/08/04/general/japanese-yen-at-crossroads/#comment-2518 This is the only forex website that I have ever seen that actually makes money calls. Kudos on the gbp/cad trade, when it looked like it was never going to happen. I am also long jpy vs. cad, aud, gbp and nzd. However, this is difficult. There is a 45 degree trendline under the monthly of each of those pairs, and it does not break. For crying out loud, Australia just restated their trade deficit by plus twenty percent in May, and it took two hours to break twenty pips on the aud/jpy? And it was not easy to sit on that position for two hours either, since it actually went plus on the news! I want to join your members section as well, when that opens up. This is the only forex website that I have ever seen that actually makes money calls. Kudos on the gbp/cad trade, when it looked like it was never going to happen. I am also long jpy vs. cad, aud, gbp and nzd. However, this is difficult. There is a 45 degree trendline under the monthly of each of those pairs, and it does not break. For crying out loud, Australia just restated their trade deficit by plus twenty percent in May, and it took two hours to break twenty pips on the aud/jpy? And it was not easy to sit on that position for two hours either, since it actually went plus on the news! I want to join your members section as well, when that opens up.

]]> http://fxmadness.com/2009/08/04/general/japanese-yen-at-crossroads/comment-page-1/#comment-2517 admin Wed, 05 Aug 2009 01:24:53 +0000 http://fxmadness.com/2009/08/04/general/japanese-yen-at-crossroads/#comment-2517 Renata, long term I'm bearish Yen, but right now I'm leaning toward an intermediate pull back. I'll make up my mind by tomorrow. Renata, long term I’m bearish Yen, but right now I’m leaning toward an intermediate pull back. I’ll make up my mind by tomorrow.

]]> http://fxmadness.com/2009/08/04/general/japanese-yen-at-crossroads/comment-page-1/#comment-2516 admin Wed, 05 Aug 2009 01:21:30 +0000 http://fxmadness.com/2009/08/04/general/japanese-yen-at-crossroads/#comment-2516 Andy, nothing wrong with trading eur/gbp but I'm sure you noticed that daily ranges contracted since the beginning of the year. I feel that other Pound pairs offer better opportunities. Andy, nothing wrong with trading eur/gbp but I’m sure you noticed that daily ranges contracted since the beginning of the year. I feel that other Pound pairs offer better opportunities.

]]> http://fxmadness.com/2009/08/04/general/japanese-yen-at-crossroads/comment-page-1/#comment-2515 Renata Tue, 04 Aug 2009 21:26:51 +0000 http://fxmadness.com/2009/08/04/general/japanese-yen-at-crossroads/#comment-2515 Yen pairs could go both ways from this point- reversal or continuation. What are you leaning towards? Yen pairs could go both ways from this point- reversal or continuation. What are you leaning towards?

]]> http://fxmadness.com/2009/08/04/general/japanese-yen-at-crossroads/comment-page-1/#comment-2514 Andy Tue, 04 Aug 2009 21:19:52 +0000 http://fxmadness.com/2009/08/04/general/japanese-yen-at-crossroads/#comment-2514 You have had remarkable results trading the beast this year, no reasons to think this will change. Can't wait for next update. You did surprise me a little, though. After great trades in eur/gbp you stopped following it. Any reason? You have had remarkable results trading the beast this year, no reasons to think this will change. Can’t wait for next update.
You did surprise me a little, though. After great trades in eur/gbp you stopped following it. Any reason?

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