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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 1558
Forum Topic:

JPY

Discuss JPY
 
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DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Apr 17, 2013 18:18
In reply to Qingyu's post
Dax target 6100, ext to 6066 or 6008, assumes break of 6210
Qingyu
manchester, UK
Posts: 1763
11 years ago
Apr 17, 2013 18:07
In reply to DaveO's post
yes, so i dont trade them. :)

wish one day i can figure out.
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Apr 17, 2013 18:06
One thing I have noticed this week is NYSE internals become useful again after a long period of coma. Could it be something to do with HFT algos.
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Apr 17, 2013 18:02
Maybe good H&S on the FTSE 100. target 6097 ? More advanced decline than Nikkei.Dax similar position
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Apr 17, 2013 17:57
In reply to Qingyu's post
I don't know Q, to some extent depends whether a global descent is orderly or more serious. Nikkei was way below averages with massive scope to the upside on Abenomics. Japan is such a dodgy situation, any number of things could go wrong for them.
Qingyu
manchester, UK
Posts: 1763
11 years ago
Apr 17, 2013 14:51
In reply to DaveO's post
if stock indices drop globally, i dont think jap can be the exception.
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Apr 17, 2013 11:55
In reply to Qingyu's post
Yen and Nikkei almost 100% inverse correlation
Qingyu
manchester, UK
Posts: 1763
11 years ago
Apr 17, 2013 9:32
cat, if stock is falling, yen will go up or down?


i guess, F-22 backed green paper gonna go up, yen down with global stock indices. and that can explain why people cash their gold, they need put their cash somewhere eventually.
Qingyu
manchester, UK
Posts: 1763
11 years ago
Apr 17, 2013 8:39
nah, i am waiting for cat offer me a job. :P
Qingyu
manchester, UK
Posts: 1763
11 years ago
Apr 16, 2013 20:03
UJ long 97.4 tight sl
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