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Looking to sell against the Yen - crazy, or not?

AdamFx42 Posted 2 Nov  in #Trader's blog #Technicals #Reversal #Major Pairs #Weakness #Pullback #Corrections #Positioning
When the markets open tonight I will be looking for an opportunity to sell one or more currencies
against the Yen - meaning I will be looking to go short Gbp/Jpy, or short Eur/Jpy, Aud/Jpy, Nzd/Jpy etc.
Am I crazy doing this - with all this Usd strength around, and Usd/Jpy sky-rocketing,
the Japan economic easing - weakening their currency ...
you would certainly think that I have lost it, but look at it this way:
Remember a couple of years ago when US QE was the big news,
everyone was looking t…
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fxsurprise8 avatar
fxsurprise8 2 Nov

try it :P

AdamFx42 avatar
AdamFx42 2 Nov

Will do

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GBP/USD testing 1.70 again

AdamFx42 Posted 12 Ago as Analysis on GBP/USD, Target: 1.698, Date: 1 di Ottobre, 12:00 GMT  in #Technical analysis #GBP/USD #Support #Reversal #Fundamental Analysis #GBP Stronger
There is a Head and Shoulders pattern forming on the weekly chart in Gbp/Usd
and I believe there is reason to believe that this pattern will be completed:
GB government has announced it will raise rates before the end of the year
as the targets for this year have been met;
traders will be anticipating this move soon, and will be buying Gbp:
this will provide us with support above 1.67, and the forming of the right shoulder, see weekly chart:
Weekly Chart Gbp/Usd
Another sign is found on the dail…
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AdamFx42 avatar
AdamFx42 27 Ago

I think this might be one of my worst predictions ever -- and it has the most likes of all  hahahha
Still, a lot can happen in a month, right?  need 400 pips up

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AdamFx42 11 Set

Ok, seriously - this may happen if Scotland yells a big ney!  at the referendum the 17th

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AUD:JPY back up to 105

AdamFx42 Posted 3 Lug as Analysis on AUD/JPY, Target: 105.0000, Date: 2 di Settembre, 12:00 GMT  in #Technical analysis #AUD #JPY #AUD/JPY #Reversal #Bullish #Fibonacci Expansion #Channel #Uptrend Sighted #Momentum Indicators
I believe that Aud will find a way back up against other major pairs in september, after falling hundreds of pips the last few monthsand one of the pairs offers technical strong support to that theory: Aud:JpyAs we can see on the weekly chart an upward channel has been broken and the start of that channel to the top of the price shows us a Fibonnacci retracement of 61.8%where the pair has now bounced -- this indicates retracement and further upward moveOn the daily chart we can see that MACD has…
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annatimone avatar
annatimone 15 Lug

Interesting. And what do you think about Brazilian Real?

s_amira avatar
s_amira 1 Ago

Good analisis

AdamFx42 avatar
AdamFx42 3 Ago

I'm sorry, annatimone - I don't do the real (don't even have the chart..)
Anyway - we are still at a cliffhanger here - August will have to show whether pair goes up some more - which will imply the coorporation of strong USD against JPY, or down

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