USD/YEN up +7% since 3/27

CalvinLe55 · Apr 5, 2013

Currencies - Japan's new Prime Minister Shinzo Abe to revive a stagnant economy will push share markets up. USD/JPY will follow long term cycle as more will go back into buying stocks bolstering prices. It seems the U.S Dollar and Yuan will be the strong currencies in 2013 - 2014 period. Keep buying the U.S Dollar more month after month, and December calls are fine too. Every time I have sold EUR/USD I have made money regardless the time frame. Overall picture is long term keep buying more month after month.

The effect of the first sentence means that their citizens will back out of the YEN to buy into the Nikkei 225. :clap:

up-down · Apr 8, 2013

CalvinLe55 said:
Currencies - Japan's new Prime Minister Shinzo Abe to revive a stagnant economy will push share markets up. USD/JPY will follow long term cycle as more will go back into buying stocks bolstering prices. It seems the U.S Dollar and Yuan will be the strong currencies in 2013 - 2014 period. Keep buying the U.S Dollar more month after month, and December calls are fine too. Every time I have sold EUR/USD I have made money regardless the time frame. Overall picture is long term keep buying more month after month.

The effect of the first sentence means that their citizens will back out of the YEN to buy into the Nikkei 225. :clap:

Maybe out there someone offload Yen massively, that is the reason, but who?

CalvinLe55 · Apr 8, 2013

up-down said:
Maybe out there someone offload Yen massively, that is the reason, but who?

The question is are you on board, and take two bits while you're at it. I am buying more right now as we speak...

:clover:

up-down · Apr 8, 2013

CalvinLe55 said:
The question is are you on board, and take two bits while you're at it. I am buying more right now as we speak... :clover:

I am still on board, half is gone but less than 1 lot is still on to see whether it will hit the 100 mark.

scose-no-doubt · Apr 8, 2013

I been out the game for a long while now. Carry trade blown up or something?

betman · Apr 9, 2013

Do we think there will be a retest of 100 this week? Or is there likely to be a ratracement, and if so how far??

98.80 - 99.00 Seems to holing up well so far offering decent support..

USD/YEN up +7% since 3/27

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