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- DaEdge replied Dec 16, 2012
Its going to open around 89.00 could get very interesting on the open. Theres also word of more stimulus this week around thursday I believe and Boehner seems to be looking to give on the tax hikes so the fiscal cliff could be resolved sooner than ...
AUD/JPY
- DaEdge replied Dec 15, 2012
The weekly close was above 70.00 which had been the high since 2009. I've been long for over 2 weeks now & will continue to stay long & buy on any weakness. There's 1000 pips of air up above.
NZD/JPY
- DaEdge replied Dec 14, 2012
I'm just adjusting my stops I have been adding in pieces on all weakness & taking them off into any solid strength so unless we get a blowout like move today in which case I'd cut my positions by a min of 60% I'm just going to continue to tighten my ...
GBP/JPY
- DaEdge replied Dec 14, 2012
Great level I've been watching it as well, just bought a little more myself.
GBP/JPY
- DaEdge replied Dec 14, 2012
I agree a pullback would definitely be healthy but I still wouldn't short these crosses, I'd rather wait it see where it stops and get long for the next leg up depending where it stops. If they really sell off & clear out some levels to the downside ...
AUD/JPY
- DaEdge replied Dec 13, 2012
I wouldn't short any of these yen crosses till after first major sell off & bounce. These moves have been parabolic. Any short is about as safe as jumping in front of a train going full speed.
USD/JPY Discussion
- DaEdge replied Dec 13, 2012
Think it really depends on how the markets react to the winner of the elections. If LDP wins in blow out fashion & takes over all the seats these yen crosses could rally pretty hard for a few days or longer after the elections. Bad economic data out ...
AUD/JPY
- DaEdge replied Dec 13, 2012
Trailing it wide a wide stop I started buying over 2 weeks ago and have added in on weakness & taken pieces of on strength so I'm very far ahead of this trade I'm monitoring everydays close and adjust the stop accordingly. If it makes to 2007 high ...
GBP/JPY
- DaEdge replied Dec 13, 2012
Why is it crazy this pair should continue to move upward into the end of next week. The earliest you will see real selling pressure is Sunday & based on the outcome of the elections we may not see to much. The markets are trading very lightly and ...
GBP/JPY
- DaEdge replied Dec 13, 2012
There's a lot of air up above should be a fun ride. Nzd/JPY as well.
CAD/JPY
- DaEdge replied Dec 12, 2012
image Have to love supply & demand this 1 couldn't have played out any better if it tried.
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