**** RED ALERT: Yen Strengthing Fast! ****

Discussion in 'Forex' started by The Kin, Sep 4, 2008.

  1. Ok, Chood. I've been following your commentary for some time now, and on this particular trade - I've been thinking about shorting the hell out of the yen for a few days now, but there's been absolutely no movement. So I'm going after it now. Any particular cross or just USD/JPY?
     
    #11     Sep 25, 2008
  2. Chood

    Chood

    Is my comment that cryptic (not possible, or I am missing your meaning, namely that I'm as great a fade as cramer)? I am the other way: YEN going up, over USD particularly, not going down.
     
    #12     Sep 25, 2008
  3. No no, was a mistype on my part. I meant shorting USD/JPY.
     
    #13     Sep 25, 2008
  4. Not bad so far. How far we riding this bus?
     
    #14     Sep 25, 2008
  5. Chood

    Chood

    I'm looking for at least a peak at and taste of the other side of parity. See first post from Sunday night.
     
    #15     Sep 25, 2008
  6. spersky

    spersky

    I am long the yen futures as well. In fact that might be the only currency worth anything once eurozone and USA fail.
     
    #16     Sep 25, 2008
  7. Too long term for my taste. I'll jump in and out, but make sure I'm pointed that direction.

    Cheers, mate. Owe ya a pint.
     
    #17     Sep 25, 2008
  8. Chood

    Chood

    Very smart, especially given several hundred tick loss of Euro to Yen since last week (check EUR/yen).

    Guess we're finding out if YEN holds any of its recent gains (which had been large gains) over USD. I continue to like it over next months, til December.
     
    #18     Oct 3, 2008
  9. I will hold you to it Chood :)
     
    #19     Oct 3, 2008
  10. Chood

    Chood

    Good by me. Knock quick win big, it ain't too late, only just not as juicy as 10 days ago, or 20 especially.
     
    #20     Oct 3, 2008