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newjersey24 replied Jun 1, 2007What is the bad news from China? And is this news negative for Yen currency? or GBP and USD
Daily GBP/JPY analysis
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newjersey24 replied May 30, 2007Price in the USD/Yen finally showing signs, but even after the stamp rate tax increase (triple). There still is no sell-off. This is just weird, is this Consumer sentiment thats keeping this thing from tanking down 200 pips or so?

USD/YEN pair usually drops around this time. WhY?
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newjersey24 replied May 29, 2007Yea, after reading the article above. I figured it out what type of rate hike it really was. I guess the rumors were what they were..........rumors
:Daily GBP/JPY analysis
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newjersey24 replied May 24, 2007Guys, Yes this means it "may" go up. Many indications show the price will go up. Mind you, no one can gaurantee where price will go cuz no one knows 100% for sure. So for the most part no one on this board will tell u what to do, they will just say ...
Daily GBP/JPY analysis
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newjersey24 replied May 24, 2007Oh man, Got it!!! I thought the info i put previously should put pressure to elevate the value of the Yen. I guess, should have waited for confirmation like increase interest rates. But lemme ask your this. In Feb didnt the BOJ just announced ...
Daily GBP/JPY analysis
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newjersey24 replied May 24, 2007Hey Cesernc, What u mean by "I don't call for carry trades selloff until the first 300 pips are gone."? I'm a bit confused with the statement. sorry

Daily GBP/JPY analysis
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newjersey24 replied May 24, 2007I still feel a sell off is coming possibly next week!!! It usually happens this time of the year. and i see very low volume with Bulls in UJ. Granted it staying up but seems to be losing steam. and added on to it with Greenspan comments, Yuan ...
Daily GBP/JPY analysis
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newjersey24 replied May 23, 2007Man, I neva knew that with this pair. I had used them when I was tradind GDP/USD, but i assumed that the USD/YEN channelling it wouldnt make much sense. I'll take a look on that too. Let me ask you this u calculate ya pivot based on NY market close ...
Daily GBP/JPY analysis
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newjersey24 replied May 23, 2007Thanks man, I looked back and see the opportunity with 100EMA. I'll use that along with price projection and Fibs
Daily GBP/JPY analysis
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newjersey24 replied May 23, 2007Cesearnc, What is your strategy you use particularly for USD/YEN? I assumed it was Fibs with Moving avg cross-overs and price projections.
Daily GBP/JPY analysis
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newjersey24 replied May 22, 2007I would definately take a look on it. If anyone has any input, please feel free !!!!!!!!!! thanks
USD/YEN pair usually drops around this time. WhY?
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newjersey24 replied May 22, 2007
Believe in what? I was looking for a lil more concrete answer than belief. Reason such as summer time, traders pack it in. or Production changed or Economay change for summer etc.... but thanks anyway.USD/YEN pair usually drops around this time. WhY?
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USD/YEN pair usually drops around this time. WhY?
Started May 22, 2007|Trading Discussion|14 replies
I was looking back 4 years ago to 2002 on the USD/YEN pair. I noticed basically every time ...
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newjersey24 replied May 22, 2007I was looking back all the way to 2002 on the USD/YEN chart and noticed basically everytime this year, price takes a mojor hit. Sometimes 200 pips, sometimes 400-500 pips. Is there any explanation on why May-June price takes a serious dip. Right ...
Daily GBP/JPY analysis
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newjersey24 replied May 10, 2007What kind of impact can the carry sell off do? Is this similar scenario as in Feb. when price dropped 600? Could this happen again?
Daily GBP/JPY analysis
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newjersey24 replied May 10, 2007Thanks Benssol!!
What I got out of it and correct me if I am wrong. USD still strong even after the trade deficit widen due to Imports did rose BUT Exports rose also just not as high as the imports. Learning everday all day!! 
Daily GBP/JPY analysis
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newjersey24 replied May 10, 2007Trade Balance — Do anyone have any idea why the USD didnt fall after the trade balance news was what I believe to be very bad and forecast was off?

Last month Trade Balance wasnt even that bad and you saw large pip movement. Here it ...Daily GBP/JPY analysis
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newjersey24 replied May 9, 2007This was a lackluster movement for the usd/yen pair. I wonder if the setiment is positive for usd for the rest of the week.

Daily GBP/JPY analysis
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newjersey24 replied May 4, 2007I'm still in my Longs on the UJ. TP at 120.50
Daily GBP/JPY analysis