I bet the next stimulus package would shoot the YEN straight up to over 108

USD/JPY Discussion

I went short on the YEN. I got a feeling Abe will want the YEN back between 110-112 short term. I am in Japan now and tourism is down big time here. For summer time this is pretty bad here in Tokyo (can not speak for other parts of Japan though). ...

The Swamp

Next pop up from here looks like it will go to 10,000 unless we topped today. Does not look like it though

Carpe diem: Intraday tactics for Dax and Dow

9800 broken..EU monetary funds buying now. S&P at highs and BOJ intervened so we are back on track for now until some bad news comes out.

Carpe diem: Intraday tactics for Dax and Dow

True.. Unless stimulus funds kick in tomorrow and then it would be way over that ceiling it is currently bouncing off of. Shows how little buyers there are out there at these stages after a few big rallies. Average person knows better then to chase ...

Carpe diem: Intraday tactics for Dax and Dow

So you are still long on the YEN?

The Swamp

When Nikkei climbs 850 points in one day then the YEN depreciates by 2% it usually means BOJ intervened. To fight BOJ is a very big risk if you ask me. ABE just got re-elected. I reckon he will boost stimulus measures again to revive economy by ...

USD/JPY Discussion

Do you have any open longs or shorts now?

Carpe diem: Intraday tactics for Dax and Dow

This means DAX will probably see another big gap up tomorrow to either 9900 or 10,000 is my guess. Nikkei will most likely run further up to take our shorts and YEN will depreciate further.

The Swamp

Heads and tails are on the plate 😛

The Swamp

Nikkei is up over 850 points would have been mix to just have longs that one on Friday or early on this morning in Asia. We have major BOJ intervention and earlier on this month or last month Japan said they would intervene or support after ...

Carpe diem: Intraday tactics for Dax and Dow

1.30 soon

The Swamp

Oil is looking weak but Silver is holding over $20

Carpe diem: Intraday tactics for Dax and Dow

I think 9900 or 10,000 by tomorrow or day after.

Carpe diem: Intraday tactics for Dax and Dow

Best has been taken out now.

USD/JPY Discussion

I got a feeling we will see another 1-2% YEN drop tomorrow. This is BOJ intervention we saw today for both stock market and currency devaluation

The Swamp

Time to short that YEN now that Abe won. I reckon we see some major stimulus packages kicking in to devalue YEN and boost stock index prices

The Swamp

Stock indexes have to go up before the next bad news out of Italy hits the markets so it can fall off of highs and not lows lol.. Prior to bad news coming out they lift markets up and then if news is bad it drops a bit from there before retracing ...

Carpe diem: Intraday tactics for Dax and Dow

Maybe a correction on Wednesday or Thursday.

Carpe diem: Intraday tactics for Dax and Dow

Too early to short. First day of the week and most Asian indexes have been green so far today. Risky

Carpe diem: Intraday tactics for Dax and Dow