Tags » Japanese Yen

Bring Yen! Japan is a strong cash-based country

When you come to Japan, paying by cash is your best bet when you’re out and about. It’s not uncommon for people to carry quite high amounts of money on them – but considering this is one of the safest country’s in the world, you shouldn’t have to be too concerned. 135 more words

English Posts

#MorningCharts - March 5th, 2014

Interesting charts I’m looking at this morning:

New Zealand Dollar

NZD/USD Weekly Review (March 3rd)

  • The scorecard for the NZD/USD is pretty even. This makes sense given that we have a severe downtrend followed by a sizeable rebound (from .72 to .76)
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Currency Trading

Trades #50-53 - Pre-testimony + Update on #46

Update: Trade #46, long USD/JPY from 118.90, hit the target of 119.25 for + 35 pips.

Probably makes sense being short a small amount of…

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#tradeIdeas

Trades #45-49 - Not that many pips

Trade #45 – Long #EURUSD at 1.1304, stop at 1.1280, target 1.1345 // Range play + likey soft data at 10 AM

— Rafael Rosa (@RemixTrades) …

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#tradeIdeas

Trade #35 - USD/JPY head & shoulders

As I posted earlier today, we have a head and shoulder formation on the USD/JPY 4-hour chart. While this is something I kept in mind, I took this short because of other reasons: equities have been a bit off after the press conference on Greece, US yields ticked lower, the pair has been grinding lower, even if it’s not a fake-out to the upside – a re-test of 118 would shake out some weak bulls, Japanese yields were rising today too, the attempt to get above the key 118.80s today failed. 48 more words

#tradeIdeas

Weekly Review: USD/JPY (Feb 16th)

Last week’s review.

Two weeks ago, the break above 118.80s on the back of a strong US jobs number was the big headline for the USD/JPY. 236 more words

USDJPY