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- DaEdge replied Jan 11, 2013
Figured you might find this interesting in reference to discussion of Tokyo, not sure if you've read it already url
EURUSD
- DaEdge replied Jan 11, 2013
weaker dollar stimulates growth in the economy, it opens up trade ie look at what japan is doing and reason why there doing it. Stronger currency doesnt always mean that a country is financial sound.
EURUSD
- DaEdge replied Jan 11, 2013
MisterSpread glad to see your back. Hope the holidays were good to you and the family. Theres been some serious movement in the yen crosses since you've been gone im sure you've been keeping on eye on the PA. Buy the dips till the market tells us ...
USD/JPY Discussion
- DaEdge replied Jan 11, 2013
The only way it happens is if one recovers before the other. IMO the US goes first its a larger market & probably the lesser of 2 evils.
EURUSD
- DaEdge replied Jan 11, 2013
Anytime. Btw if you have any children you need baptized let me know Ill cut you a good deal on a group rate.
EURUSD
- DaEdge replied Jan 10, 2013
To be honest I think it has more to do with the fact that the US needs to recover before Europe will be able to recover. Just because the value of a countries currency is high does not mean there in good shape. Just look at the yen there's a reason ...
EURUSD
- DaEdge replied Jan 10, 2013
Of course they do because there smart & they reap the benefits of it. They get to flood the biggest market in the world with there products & pay barely any tariffs because they lend us money. Then they profit from the sale of there products. Sounds ...
EURUSD
- DaEdge replied Jan 10, 2013
And that plays right into the US's plan, the Fed wants a weaker dollar to stimulate growth. Don't buy into to the all the Main Street media hype, they just wanna boost ratings & have zero clue about what's going on. Bottom line is the economic data ...
EURUSD
- DaEdge replied Jan 10, 2013
It's not a big deal either way, I don't hold trades for years besides they would announce the floor then I wouldn't go near the pair, not really a big concern of mine. I haven't traded the Eur/chf in over a year now it's not affecting by bottom line ...
USD/JPY Discussion
- DaEdge replied Jan 10, 2013
This is what I see, not a bad spot at all, keep your target realistic tho, .8350ish I prefer to get long there tho. image If it goes up I need it to be slower than the euro if it goes down I need it to be faster the euro.
EURUSD
- DaEdge replied Jan 10, 2013
Did you end up jumping on the e/n we discussed earlier. I added in myself at the start of today's Asian session.
EURUSD
- DaEdge replied Jan 10, 2013
The probability of Abe's plan working is not great at all, but truthfully as a trader that really shouldn't matter to us, to be honest it's better for us because the way down will be just as much run as the run up has been.
USD/JPY Discussion
- DaEdge replied Jan 10, 2013
I just emailed Abe & told him to get it together we need more lines

EURUSD
- DaEdge replied Jan 10, 2013
Can't complain was still long those a/j & e/j trades we spoke about this week from NFP last week, booked half of them early in US session today had very good size on, kicking myself for it now because of the late day move but it was the right thing ...
USD/JPY Discussion
- DaEdge replied Jan 10, 2013
On the weeklies the move start a little above 1.2000 & in a trending market a 20% pull is very healthy & keeps the trend in tact, so 1.3000ish is still very bullish, longer term of course. Buying dips is a safe play till 1.3500 at which point above ...
EURUSD
- DaEdge replied Jan 10, 2013
It's getting to the point now where 90.00 might not mean as much as people think, smart money will decide where the price stops & if they want it to go higher than 90.00 then it will. Abe is doing a wonderful job of playing the media.
USD/JPY Discussion
- DaEdge replied Jan 10, 2013
That's why I stick to supply & demand, the only truth in forex is current price. The rest is all noise.
EURUSD
- DaEdge replied Jan 10, 2013
Tokyo is a great session for info, its give very solid clues towards what the direction should be for the rest of the session. It's also is the most technical session, not much game playing going on during that session. Dailyfx did a study on times ...
EURUSD