Comments on: Closed CAD-JPY short. http://fxmadness.com/2009/08/19/general/closed-cad-jpy-short/ 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: Margaret http://fxmadness.com/2009/08/19/general/closed-cad-jpy-short/comment-page-1/#comment-2819 Margaret Tue, 01 Sep 2009 14:33:30 +0000 http://fxmadness.com/2009/08/19/general/closed-cad-jpy-short/#comment-2819 I recently came across your blog and have been reading along. I thought I would leave my first comment. I don't know what to say except that I have enjoyed reading. Nice blog. I will keep visiting this blog very often. Margaret http://cardrawing.net I recently came across your blog and have been reading along. I thought I would leave my first comment. I don’t know what to say except that I have enjoyed reading. Nice blog. I will keep visiting this blog very often.

Margaret

http://cardrawing.net

]]> By: admin http://fxmadness.com/2009/08/19/general/closed-cad-jpy-short/comment-page-1/#comment-2679 admin Thu, 20 Aug 2009 16:47:18 +0000 http://fxmadness.com/2009/08/19/general/closed-cad-jpy-short/#comment-2679 The mortgage debacle is a problem. I mean, 13% of households is either behind or in forclosure. This can not be good, I don't care if the news is already "included" or "discounted" by the markets. No matter how you slice it there is nothing positive about it. The mortgage debacle is a problem. I mean, 13% of households is either behind or in forclosure. This can not be good, I don’t care if the news is already “included” or “discounted” by the markets. No matter how you slice it there is nothing positive about it.

]]> By: Vlad http://fxmadness.com/2009/08/19/general/closed-cad-jpy-short/comment-page-1/#comment-2677 Vlad Thu, 20 Aug 2009 16:06:03 +0000 http://fxmadness.com/2009/08/19/general/closed-cad-jpy-short/#comment-2677 One more thought. I am scared by the mortgage delinquencies number this morning. One more thought. I am scared by the mortgage delinquencies number this morning.

]]> By: Vlad http://fxmadness.com/2009/08/19/general/closed-cad-jpy-short/comment-page-1/#comment-2676 Vlad Thu, 20 Aug 2009 16:02:14 +0000 http://fxmadness.com/2009/08/19/general/closed-cad-jpy-short/#comment-2676 cad/jpy broke out on the tremendous upside surprise on wholesale. Take out the junk for clunk stimulus and the auto sales and wholesale actually missed expectations. cad/jpy broke out on the tremendous upside surprise on wholesale. Take out the junk for clunk stimulus and the auto sales and wholesale actually missed expectations.

]]> By: admin http://fxmadness.com/2009/08/19/general/closed-cad-jpy-short/comment-page-1/#comment-2675 admin Thu, 20 Aug 2009 15:23:03 +0000 http://fxmadness.com/2009/08/19/general/closed-cad-jpy-short/#comment-2675 Fundamentals are confusing to a lot of people. Most of us, by my reconing. A lot of things are not logical at all. That's probably why we have these wide swings whenever some new data is released- players are changing their minds. It is not easy. Fundamentals are confusing to a lot of people. Most of us, by my reconing. A lot of things are not logical at all. That’s probably why we have these wide swings whenever some new data is released- players are changing their minds. It is not easy.

]]> By: Vlad http://fxmadness.com/2009/08/19/general/closed-cad-jpy-short/comment-page-1/#comment-2674 Vlad Thu, 20 Aug 2009 06:10:17 +0000 http://fxmadness.com/2009/08/19/general/closed-cad-jpy-short/#comment-2674 cad/jpy is working hard to get any lift. Maybe something is holding it down or maybe it does not have the same momo mentum as the good old gbp/jpy. I would feel better about selling cad/jpy and going to sleep than the other crosses. I will say that I am mystified by gbp however. A country that is thoroughly bankrupt, deindustrialized and dependent on Russian and Arab conversions for survival of its currency. However there is no point in discussing fundamentals when the bulk of the trading being done is on the behalf of CB accounts, and I don't know if there is any use even bringing it up since I want to stay focused on technicals and price discipline. cad/jpy is working hard to get any lift. Maybe something is holding it down or maybe it does not have the same momo mentum as the good old gbp/jpy. I would feel better about selling cad/jpy and going to sleep than the other crosses. I will say that I am mystified by gbp however. A country that is thoroughly bankrupt, deindustrialized and dependent on Russian and Arab conversions for survival of its currency. However there is no point in discussing fundamentals when the bulk of the trading being done is on the behalf of CB accounts, and I don’t know if there is any use even bringing it up since I want to stay focused on technicals and price discipline.

]]> By: admin http://fxmadness.com/2009/08/19/general/closed-cad-jpy-short/comment-page-1/#comment-2673 admin Thu, 20 Aug 2009 03:26:07 +0000 http://fxmadness.com/2009/08/19/general/closed-cad-jpy-short/#comment-2673 Heather, 86.40 is pivotal here, and I'd like to see another dip, too. After that yes, it looks like a potential buy. Heather, 86.40 is pivotal here, and I’d like to see another dip, too. After that yes, it looks like a potential buy.

]]> By: Heather http://fxmadness.com/2009/08/19/general/closed-cad-jpy-short/comment-page-1/#comment-2672 Heather Thu, 20 Aug 2009 02:45:41 +0000 http://fxmadness.com/2009/08/19/general/closed-cad-jpy-short/#comment-2672 This was some exit out of cad-yen trade. Price advanced since, reaching 86.20. Do you think this could be a good buying opportunity if it gets above this point? This was some exit out of cad-yen trade. Price advanced since, reaching 86.20. Do you think this could be a good buying opportunity if it gets above this point?

]]> By: admin http://fxmadness.com/2009/08/19/general/closed-cad-jpy-short/comment-page-1/#comment-2671 admin Wed, 19 Aug 2009 18:08:14 +0000 http://fxmadness.com/2009/08/19/general/closed-cad-jpy-short/#comment-2671 Thank you. Thank you.

]]> By: Casey http://fxmadness.com/2009/08/19/general/closed-cad-jpy-short/comment-page-1/#comment-2670 Casey Wed, 19 Aug 2009 17:36:42 +0000 http://fxmadness.com/2009/08/19/general/closed-cad-jpy-short/#comment-2670 I've been away for a while, traveling. Didn't keep up with your blog. Now I'm back and see you are still doing just fine. It has been a long time of good trade calls, Mike. Congratulations! I’ve been away for a while, traveling. Didn’t keep up with your blog. Now I’m back and see you are still doing just fine. It has been a long time of good trade calls, Mike. Congratulations!

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