JPY 01 (May 08 - Oct 11)

Re: Japanese Yen

Postby winston » Wed Sep 15, 2010 10:13 am

No, cant see your picture. And it was a solo intervention.
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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Re: Japanese Yen

Postby kennynah » Wed Sep 15, 2010 10:14 am

eauyong wrote:Now wondering what else Kan have promised their members as his winning votes was not expected to be so many. Got to analyse it now before my next move. :?:



dont they usually? but can he deliver?

many nip PMs have failed previously... kan wont be any exception
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Re: Japanese Yen

Postby eauyong » Wed Sep 15, 2010 10:39 am

What would the IBM (International Big Mouth) say about this. Can intervene or not? As long as China is concerned, IBM say cannot intervene in the Yuan. ;)
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Re: Japanese Yen

Postby kennynah » Wed Sep 15, 2010 11:29 am

BoJ says confident yen intervention will work.... so, i guess, maybe they are intervening rupiahs ;)
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Re: Japanese Yen

Postby kennynah » Wed Sep 15, 2010 12:03 pm

so far...a 250 pips plunge..
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Re: Japanese Yen

Postby kennynah » Sun Sep 19, 2010 6:24 pm

this fruit is looking ripe for the picking...

need to find a good entry point and Shoot it down....

question is at which price point ??

0.011900 ??

your suggestion??
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Re: Japanese Yen

Postby winston » Sun Sep 19, 2010 6:31 pm

May have to be a bit patient and let them spend their bullets first.

When the vultures decide to feed, it can go pass 0.8 in a very short time.

Unfortunately, it's the Japanese tax-payers that has to pay for their leader's stupidity.
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Re: Japanese Yen

Postby kennynah » Sun Sep 19, 2010 6:36 pm

winston wrote:May have to be a bit patient and let them spend their bullets first.

When the vultures decide to feed, it can go pass 0.8 in a very short time.

Unfortunately, it's the Japanese tax-payers that has to pay for their leader's stupidity.


sorry....am lost here.... pls elaborate that 0.8 figure?? thanks.
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Re: Japanese Yen

Postby winston » Sun Sep 19, 2010 6:38 pm

Ha Ha ... exchange rate between Yen and USD lah ..
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Re: Japanese Yen

Postby kennynah » Sun Sep 19, 2010 6:40 pm

paiseh...i still dun get it...

usd/jpy is now 85.84
jpy/usd is now 0.011679

so...where does that 0.8 fit in?? thanks..
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