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Temujin replied Oct 27, 2016GDP better than thought of, 128.40 is next then 129.70. The retracements can be scary but this will happen in the near future.
Dragon Riders GBP/JPY
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Temujin replied Oct 20, 2016I totally agree. Fundamentals are extremely bearish now and by design. No taper until middle of 2017, maybe and the program could be extended. No inflation until 2018. Yes the suckers will buy at 1.08 then BAM 1.07. EUR is COOKED. Was short from ...
EURUSD
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Temujin replied Oct 10, 2016Yes, this will be a drawn out story of resistance becoming support. 104.80 will be the floor soon and in the couple weeks only a temporary ceiling. EUR/USD is making it's move down to 1.09 then 1.08. The markets are in tow now to the power of the ...
USD/JPY Discussion
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Temujin replied Oct 10, 2016110 by the year's end. The market will behave now like the Central Banks want them too. The end of the quarter and year fix is in.
USD/JPY Discussion
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Temujin replied Oct 10, 2016No collapse indeed, just a year end fixing to make stocks higher end of year and getting traders in line to do what central banks want them too i.e. selling JPY and not letting the euro strengthen so that euro stocks plummet. Cheers
EURUSD
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Temujin replied Oct 9, 2016Against USD the euro will start to sink faster now toward the year's end and here are the reasons: 1. The Fed almost hiked the rate last month, speculation will be that they do so in December. 2. Six months before the ECB even considers tapering ...
EURUSD
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Temujin replied Oct 9, 2016Becoming extremely bearish to the US dollar. Facing a bundle of resistance EMA lines on the daily chart. Now inflation target not expected to be reached until LATE 2018 EARLY 2019. Tapering the bond purchases is not even being hinted at. Next is ...
EURUSD
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Temujin replied Oct 7, 2016Cannot even make meaningful gains and hold 1.12 but UJ is back above 103. Next is back to 1.11 then 1.10. Not even considering ending the program until March of 2017 and will even extend it if the data weakens.
EURUSD
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Temujin replied Oct 5, 2016Time for some upside now. GBP's fall has been stopped and gains are likely for the next couple weeks.
Lock's Cable Corner
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Temujin commented Oct 2, 2016Strike exclusive agreements with NZ and AUS to buy all the stuff like the US does with China. Exchange rate is still favorable. Get the shit from Canada, yeah.
Brexit: May to introduce EU repeal bill in Queen's Speech
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Temujin replied Oct 2, 2016Yen already gained 20% over a year. Bank of Japan pushing the bond market to keep yields at zero so yen is cheap. Given the info this will go on and on the sell-off on the WEEKLY chart has now come to an end. Time to revert to closer to the mean or ...
USD/JPY Discussion
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Temujin replied Oct 1, 2016Indeed, must jump on the long yen cross trades now. This is the time for JPY appreciation to halt.
USD/JPY Discussion
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Temujin replied Sep 30, 2016Shares of Deutsche Bank rebounded this morning. USD/JPY will rise. Too much power keeping it above 100. 105 coming soon, US data was good today.
USD/JPY Discussion
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Temujin replied Sep 29, 2016Yes, up still. The DOW had a nasty day but more importantly it looks like the upward moves are just retraces of a larger downtrend. Japan did not really do a thing SEPT 21 and only minor "tweaks" are expected to the ECB stimulus which ends in the Q1 ...
EUR/GBP - What a great pair to trade!
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Temujin replied Sep 28, 2016134 is next, stocks are rising and some risk trades are coming back on.
I challenge my self to withdraw profit every month ( GBP/JPY)
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Temujin replied Sep 23, 2016Hey let's revive this thread. Morgan Stanley has a buy order on it right now with a target of 120. JPY bears are back in control with only minor "tweaks" to ECB euro-weakening programs. Makes sense for this cross to uptrend back to the mean of 120.
EUR/JPY Anytime!