JPY at end of trend?

Discussion in 'Forex' started by JSSPMK, Sep 8, 2010.

  1. JSSPMK

    JSSPMK

    I don't believe it, don't know about GBPJPY, but Ninja gotta party hard of all time low ;)

    And to celebrate...Shoot over to chorus, clap your hands & sing along!

    <object width="480" height="385"><param name="movie" value="http://www.youtube.com/v/zDKO6XYXioc?fs=1&amp;hl=en_GB"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/zDKO6XYXioc?fs=1&amp;hl=en_GB" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="480" height="385"></embed></object>







    <img src=http://www.chicksonpowertrips.com/wp-content/uploads/2010/03/puke-500x420.jpg>
     
    #101     Oct 13, 2010
  2. Last print 81.59 and still no end in sight. We need a brutal wash out and capitulation of longs...:cool:
     
    #102     Oct 13, 2010
  3. And stops are hit...across all major currency pairs...let´s see whether we will finally see a stampede...
     
    #103     Oct 13, 2010
  4. 81.17 and counting the knock out of the USD....
     
    #104     Oct 13, 2010
  5. JSSPMK

    JSSPMK

    I am not too concerned yet, I did expect some sort of a flush. Mr Noda & Mr Kan must be watching now with great interest ;)
     
    #105     Oct 13, 2010
  6. Roark

    Roark

    Why is JPY so strong relative to USD? I don't get it. It's not like interest rates are any higher in Japan. WTF would I do with a shitload of JPY? Strong AUD relative to USD I understand. I can get some interest on my AUD holdings, but not with JPY.
     
    #106     Oct 14, 2010
  7. JSSPMK

    JSSPMK

    Jim Rogers said buy Yen, apart from that it's King of toilet paper currencies because current account, etc
     
    #107     Oct 14, 2010
  8. I see 80.75-80.89 low today...
     
    #108     Oct 14, 2010
  9. 80.88 low so far and still bulls do not want to capitulate

    [​IMG]
     
    #109     Oct 14, 2010
  10. No material change :

    [​IMG]

    Expect further GBP/JPY and USD/JPY losses...
     
    #110     Oct 14, 2010