for public consumption, Kuroda keeps making happy burbling sounds about his outlook for Japan
nw kw 01:26:25 GMT - 05/22/2014
Oct BoJ ease/ STLL LOOKING FOR JPY NUKULAR POWER up grades all most dun OR ARE on some they will change GDP //SEE IF YOU CAN FIND THE INFO NPOWER
GVI Forex Jay Meisler 01:19:58 GMT - 05/22/2014
Current GBPJPY is 171.40
For this to play out JPY has (USDJPY firm) to weaken as GBP is likely to lag.
If Nomura is right in its forecast for an Oct BoJ ease, then it may be a matter of timing. At that time expectations of a BOE rate hike would make it a green light trade. If July is the time. then different timing?
Brock Thor 00:59:49 GMT - 05/22/2014
BuyGBPJPY Entry: Target: Stop:
Agree or Disagree?
Long Gbp/Jpy to 181.00-184.00
-bullish triangle pattern to resolve higher.
-lack of resistance since Jan 2 high.
- magnetic 50 % fib at 184.00
Question - quality of comparing pound and yen fundamentals?
I've made some super trades from this pair in the past.
The time for another is due???
GVI Forex Jay Meisler 00:22:14 GMT - 05/22/2014
You do not have to wait for us but can start your own Agree or Disagree thread if you have a currency you want to discuss.
nw kw 23:16:15 GMT - 05/21/2014
My question is whether we have seen a short-term bottom or a pause enroute to .8990-00
aud tops in April and September=sell aud
GVIForex Jay Meisler 22:59:05 GMT - 05/21/2014
kw, suggestion. It pays not to rush through your posts and to take a little extra time to make sure we can understand what you are saying. Sometimes you seem to be in a rush and too much shorthand and abbreviations make it hard to get your point.
GVIForex Jay Meisler 22:55:37 GMT - 05/21/2014
Current breakdown level was .9325 so market trades bearish while below it but a bit too far for a stop.
On the other side, I pay notice when a pivotal big figure holds (e.g. .9200) so will focus on .9250 initially as it sets the tone while within .9200-.9300
My question is whether we have seen a short-term bottom or a pause enroute to .8990-00
nw kw 22:38:07 GMT - 05/21/2014
.9130 was old pivot for up or down aud
nw kw 22:36:36 GMT - 05/21/2014
Wednesday low was .9205//Jay isn't this a liquidating move if it is .930 is old pivot /and not much eur/aud retrace/sell under 40
nw kw 22:22:50 GMT - 05/21/2014
xaujpy starting to pull up poss weak yen starting for its a bit early start for yen gold on its own!!!!!!!!
nw kw 22:15:00 GMT - 05/21/2014
Jay Meisler you trade up to the news what approach are you looking for
GVIForex Jay Meisler 21:32:21 GMT - 05/21/2014
Wednesday low was .9205. You will find that when you pose a trading scenario or levels to watch in advance, it can lead to trading ideas. At a minimum it should create some lively discussion.
GVIForex Jay Meisler 20:46:02 GMT - 05/21/2014
AUD: News and price action suggest a market turning bearish BUT
Is .9200 a short-term bottom?
Or is the market headed for .8990-00.
Agree or disagree? Feel free to express your views on either side as they will lead to trading ideas and scenarios.
GVIForex Jay Meisler 18:50:08 GMT - 05/21/2014
We would like to build this thread as it will encourage views on both sides.
EURUSD: After an invisible hand shows up around 1.3635 (200 day mva) what are the odds 1.3700, which has traded in each of the past 7 days, is seen before a re-test.
USDJPY: Has it seen a bottom?
GVIForex Jay Meisler 17:38:49 GMT - 05/21/2014
There still seems to an invisible hand defending 1.3645 (50% of 1.3294-1.3996).
GVI Forex Jay Meisler 15:41:12 GMT - 05/21/2014
EURUSD re-test of 200 day mva (currently 1.3635) is inevitable this week
USDJPY low is in and 102 is now at risk
This is not a forecast but a risk that you can agree or disagree with.
You can also post your own scenario and ask for an agree or disagree
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