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Alorente replied Sep 16, 2011Here is the chart this morning. The bottom wall of the channel was respected nicely. So is the RSI trendline. The Trix is still rising, green and nicely open (The distance between both lines is steady, not closing). The only thing that bothers me a ...
USD/JPY Discussion
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Alorente replied Sep 16, 2011Hey friend!! You changed your picture. Was it because I said you looked old? If it is, I apologize. I liked the other one much better. I hope you change your mind...
USD/JPY Discussion
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Alorente replied Sep 15, 2011It´s good to have you on board and get help from you so we can get this thing up to 78. We´ll win together !!
USD/JPY Discussion
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Alorente replied Sep 15, 2011You are getting married... and you are long ...? Oh, sorry, you mean your USDJPY position. OK. Don´t worry. Just hold on. You´ll be fine. Everything is looking great.
USD/JPY Discussion
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Alorente replied Sep 15, 2011Things are looking much better for this pair now. RSI, Trix, Channel, have held and we should be on our bumpy way to 78, with a distict possibility of breaking the top wall when we get there.
USD/JPY Discussion
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Alorente replied Sep 15, 2011Plus, even if it closes there that would be a Doji which would mean a reversal from the downtrend.
USD/JPY Discussion
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Alorente replied Sep 15, 2011[quote=SIgurs;4957957] There will not be a QE3. It is politically unacceptable in an election year. I´ve lived in the US for 33 years. I tell you, there will not be additional Treasury buying until after the election.
USD/JPY Discussion
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Alorente replied Sep 15, 2011I have a short position on the euro since 1.4350. I expect it to continue to drop to under 120 before the end of the year.
USD/JPY Discussion
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Alorente replied Sep 15, 2011Congratulations. You are getting married? You look pretty old in the picture, but I guess us old guys can get married too. I´m 61 and single. How old are you?
USD/JPY Discussion
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Alorente replied Sep 15, 2011The people that just jumped head over heels into the Euro because uncle Bernanke came to the rescue, don´t realize that the real news is the confirmation that European banks are seriously in trouble. It was a rumor. Now it is confirmed. I expect a ...
USD/JPY Discussion
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Alorente replied Sep 15, 2011You´re funny. You´ve made me smile several times already.
USD/JPY Discussion
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Alorente replied Sep 15, 2011The rest of the money is simply going on for the ride. Hedge funds, large forex traders, etc. They will jump on board the runaway trend, but they will be the first to run for the hills when the trend begins to change. That´s why I think it will be ...
USD/JPY Discussion
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Alorente replied Sep 15, 2011I´ll give it a try. I believe the "safe haven" label attributed to the Yen is erroneous. Due to the requirements of my company ( url ), I have been to China and Japan many times. I have many friends and associates there. The Japanese people are very ...
USD/JPY Discussion
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Alorente replied Sep 15, 2011I´ve been suspecting this for a while now. That´s why I said "unoficially" in a previous post. For the past 5 weeks, everytime jpy hits under 56.60, you get buying as if by magic. I think it is pegged and buying at this level is as safe as you can ...
USD/JPY Discussion
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Alorente replied Sep 15, 2011Geopolitically, they also have China next door flexing their muscles and with no Army, Navy or Air Force of their own to speak off. The US has the weapons and a huge ocean separating it from China. That in itself is enough to make the dollar a safe ...
USD/JPY Discussion
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Alorente replied Sep 15, 2011I believe Noda will start the printing presses soon. Japanese inflation is non existant, they want the currency down and ink and paper are cheap. When it looks like a duck, it quacks like a duck and it walks like a duck, more than likely it is a ...
USD/JPY Discussion