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- Catch-22 replied Oct 6, 2010
Dont see why it would be losing steam as theyve got about the only carry trade and japan took down their rate. dont try and guess when its turning round, keep on it till it does.
AUD/USD
- Catch-22 replied Oct 6, 2010
I think what most people think and it really is a kind of.....paradigm shift is. There is NO top or bottom. You buy when it's going up and you sell when it's going down. Now if your buys start losing, you know that it's going down....and you ...
AUD/USD
- Catch-22 replied Oct 6, 2010
usualyl best to stay out once the main jump has happened, cost me a ton of money to learn that lesson.
AUD/USD
- Catch-22 replied Oct 5, 2010
Indeed, cash or any type of currency is at the least less valueable in real terms than gold. It would be even if it was only used for jewelery unless there is a serious tree shortage soon for printing more money at some point.
USD/JPY Discussion
- Catch-22 replied Oct 5, 2010
I think they should just go guerila on forex traders asses and randomly over the next 2 months put 10 billion into the market to screw everyone shorting till they wipe their accounts lol.
USD/JPY Discussion
- Catch-22 replied Oct 5, 2010
Pretty tight stop short there for me. Figured that....quadruple top can give a little bit of profit maybe. Get in a few pips and BE it.
AUD/USD
- Catch-22 replied Oct 5, 2010
What I don't get is who is still selling this pair? The Japanese economy is well known to be a bigger trouble than most....the carry traders are gonna get a decent rate against it....they are threatening intervention whic h could mean a 100pip slip ...
USD/JPY Discussion
- Catch-22 replied Oct 5, 2010
whilst I hope so, I'm less sure now after their interest rate decrease.
USD/JPY Discussion
- Catch-22 replied Oct 5, 2010
Yea, it's pretty crazy how even when they are encouraging the carry trade by reducing their interest people aren't buying enough main pairs to warrant any real increase at all. It may stall till Wednesday but it does look bleak.
USD/JPY Discussion
- Catch-22 replied Sep 30, 2010
Yea, I just decided to let my 20 pips ride on the chance of a continuing up movement. Even though iot looks lke it's stopped....20vs200 is a no brainer.
USD/JPY Discussion
- Catch-22 replied Sep 30, 2010
BOJ could get in now tho and take advantage, well....they could....they wont but they could.
USD/JPY Discussion
- Catch-22 replied Sep 30, 2010
Well lets hope its more than 50 pips, 30ish so far but it's not exactly moving that fast. Might just be a normal move, the dollar is gaining strength on a few currencies.
USD/JPY Discussion
- Catch-22 replied Sep 30, 2010
Ud think they'd go for more than a few hundred pips in intervention to push through the sellers SLs at least. Then let everyone jump on the wave UP

USD/JPY Discussion