Look at the strength of the Yen

Discussion in 'Forex' started by bond_trad3r, Jul 29, 2011.

  1. And that makes sense given the record low interest rates in the US. If the USD didn't crash by now, it never will.
    I think the Euro and the Yen are due for some weakness here.
     
    #11     Aug 30, 2011
  2. It hit 77 today....so this is looking good.
    Definitely not straight up however.....lots of retracement action in ALL of the major forex cross-pairs.
     
    #12     Sep 1, 2011
  3. usdjpy
    Next week, should someting happen, up to about 78 or continue trend to 75,90 and over that.
    Another week of nothing going like this week, is very unlikely.
     
    #13     Sep 2, 2011
  4. CNBC's "Money in Motion" show was definitely positive on this trade....it appears the Yen must go down....and at near-zero interest rates, the dollar must rise.
     
    #14     Sep 3, 2011
  5. usdjpy
    Now finally we took off. Lets see how far it will go,
    it will hit minimum 78. Could break through up to 78.60 !!!

    Tuesday, they couldnt wait longer to sell the Yen.
    Tuesda is good, now we have enough time until Friday, for a good weekly move.

    Happy money collecting.:D :D :D :D
     
    #15     Sep 6, 2011
  6. My target is 80.09
     
    #16     Sep 6, 2011
  7. ----------

    thats good, it will need the whole september, do you know that ???
    thats to long for me ! I am more the shorter trader guy.

    Good luck
     
    #17     Sep 6, 2011

  8. As soon as the BoJ intervene again it will hit 79/80 within seconds. :cool:
     
    #18     Sep 6, 2011
  9. Right. They just sent me an e-mail for VIPs, they will sell the YEN tomorrow at 02:00 am Eastern Standard Time.

    Are you preparded ???

    Didnt you get the email ?? Dont you be VIP ???

    HAHAHAHAHAHA, what a fun.

    Good trade:p
     
    #19     Sep 6, 2011
  10. Hahahaha, what now ???
    i told you, if it wants to go to 80, it will take the whole september.

    Lets see now, how far down it will go this week.

    made good money so far. love the jpy.

    see you

    :D :D :D
     
    #20     Sep 12, 2011