The JPY Crosses are doing well so far based on the JPY Index Stength …
Aug
31
2010
31
2010
Aug
31
2010
31
2010
Heads up: Possible Yen Strength
Its early morning here in Asia and the market still has to digest what BOJ has been doing in last 24 hours however as per the JPY Index chart it looks like we might be getting ready for another round of possible JPY Strength … but as it happens during the Intervention periods, the picture [...]
Jun
11
2010
11
2010
JPY Crosses: Support Resistance Levels
JPY Index has finally signalled an opportunity to move on upside, however 50.00 is still a great challenge to be broken … Below 49.03 the Bias for upside will become invalid …
May
28
2010
28
2010
JPY Crosses: Moving Up
The JPY Crosses have had a nice run on Hourly TF since yesterday as the JPY Index shows in the chart. I’m bit careful to see whether this is a new Bullish move or just a Correction to the Bearish run we’ve had since last few weeks now. 4H chart will confirm which way we’re [...]
May
19
2010
19
2010
JPY Crosses: The journey continues
As suggested earlier, the journey for JPY Crosses on the down side is still very much alive, some of the pairs have given a wonderful run during last week or so … AUDJPY: Short from 82.50 current price is 78.27 CADJPY: Short from 90.27 current price is 87.91 CHFJPY: Short from 82.50 current price is [...]
Feb
24
2010
24
2010
Trade Results: JPY is JPY
Just as we thought … JPY has always been my favourite Currency because when it gives signals it gives you quite clear signals. I’ve been to around 1000 pips in profits on all the JPY Crosses …
Feb
22
2010
22
2010
Heads up: Possible Yen Strength
I’m looking at a possible Yen Bulls run on the Yen Crosses (CHFJPY may be an exception) more specifically around GBPJPY, AUDJPY, NZDJPY and possibly CADJPY too … However, it all depends on how powerful the Kumo Breakouts appear on 4H and 1H charts …
Nov
30
2009
30
2009
Trade Updates: Holding JPY Crosses Trades
Although the Kumo Cloud has made a lower curve because of this recent upside move in USDJPY and other JPY Crosses, I’m still willing to hold my Short Trades and aim for booking more profits if and when we see another (most probably a final) leg down towards the 83.xx and 82.xx levels. Holding these [...]
Nov
29
2009
29
2009
Ichimoku Analysis: Bearish on JPY Crosses 29th Nov 2009
I suggest caution for those who are either Long already or Feeling Bullish on JPY Crosses. The picture is very much Bearish as yet until we see a strong commitment from BOJ to intervene …
Nov
16
2009
16
2009
Intraday: 16th Nov 2009
In continuation with the overall Trend Bias from last week’s trading, I still support the Dollar Weakness, however there seem to be Japanese Yen Weakness (look for potential chances in AUDJPY, GBPJPY, CADJPY, CHFJPY and NZDJPY if they form a Bullish Setup) getting momentum and that might bring us great opportunities throughout the week. However, [...]
Nov
12
2009
12
2009
Trading Idea: JPY Weakness
Just a heads up … Watch out for the Trading opportunities created by the possible JPY weakness. PS: Also, look at ZARJPY if you trade this pair.
Nov
5
2009
5
2009
Trading Idea: Yen Crosses
Just a heads up, watch Yen Crosses … there seems to be a great opportunity around the corner. However, be warned that there are too many news releases coming up and specially the NFP, so trade on your own risk. Good luck.
Sep
8
2009
8
2009
Trading Idea: Yen Crosses – 8th September 2009
I’m now looking for optimal entries for Long Trades on following: USDJPY AUDJPY CHFJPY EURJPY GBPJPY Charts will come later …
Aug
30
2009
30
2009
Aug
26
2009
26
2009
4H Trade: JPY Trades Covered – 26th August 2009
I’ve covered the multiple JPY Trades that were initiated on Friday with the following Profit Taking Targets: 1. CHFJPY: Shorted from 89.29 – Covered at 88.15 2. USDJPY: Shorted from 94.75 – Covered at 93.95 3. EURJPY: Shorted from 135.17 – Covered at 134.00 The JPY still has a potential to gain further against the [...]
Aug
23
2009
23
2009
4H Trade: Shorting CHFJPY – 21st August 2009
Along with USDJPY and EURJPY, I’m also shorting CHFJPY from 89.29. The trade was initiated during the very last hours of Friday’s Trading. The Profit Taking Targets are still not clear as yet but I’m epxecting this drop down to 86.xx levels. However, the Pair hasnt reached the Extreme Over-Bought level as yet and hence [...]
Aug
22
2009
22
2009
4H Trade: Shorting EURJPY – 21st August 2009
Just like USDJPY, I’ve also entered into a Short Trade for EURJPY, the pair had given me 500+ pips earlier last week and this limited upside move was pretty much expected so I had decided to cover my short positions on 19th August @ 132.50 I’m expecting similar moves for AUDJPY, CHFJPY (already holding a [...]
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