JPY crosses: Bears should show some patience
The speculators have started selling the Yen crosses again but they may have a tough time of it today. There has been decent institutional demand today from Japanese pension and investment funds across a range of pairs which might level the speculators caught short near short-term lows?
I’m bearish overall but we do need to get our timing and entry levels correct, and I don’t think today is the right time to be selling. One possible exception is GBP/JPY, with the market starting to turn quite bearish on the pound.
Hi Sean
Patience is really needed for the bears on USD/JPY. I guess, I have enough time for a new trade idea until we approach 99.50 level for the short trade 😉 . Just before that, 97.50 could be magnetic…
Price acceptance around the 98 level in the USDJPY has me thinking price will probe lower before rallying. Sold at that level looking for low 97s later in Europe.
Check yur emails guys and see if you can download the software, when yu get a chance??
The software are currently being installed 😉
Logged in and looking for the Chat room. Email link was inactive…
I don’t have access 🙁 . I have sent you an email with a screenshot.
All good Very busy screen will take some time to become familiar with it!
Hi Sean. no email yet!!
Hi sean, please email me the software link
yup, no email yet.
ok thanks, good James can see you in there, that’s a start, and you can read all comments and click on links??
I’ll pass on Papillon and escalate it. Not sure why its not working 🙁 There will be teething problms for sure
Yes, thanks Sean Really liked the last piece from FXWW888 (which is also on Twitter. All beared up on USD!
It wasn’t that straightforward to find the chat room. Once the platform is open, I went to the “Add rooms” icon on the right of the screen and scrolled thru about 200 rooms to find FXWW Pty Ltd.
I’ve logged in, Sean I think you’ve just given me an excuse to go for a triple/sextuple monitor setup…. XD
Sean
Can you email me the link too
Thanks
Excellent Chngster, great idea, build up and out 🙂