The pair has plunged from 94.60 high and still dropping.
Monday, February 25, 2013
Usdjpy target 91:00 in mini wave v down
The pair has plunged from 94.60 high and still dropping.
Monday, February 18, 2013
Sell UsdJpy Becasue Soros is taking profit.....
George Soros has been touted to be behind the Yen depreciation and also the Gbp rise.
He as made his profit. And now and only now, Business Insider is reporting it !
Come on BI, aren't you abit too late...??!
Only fools rush in, maybe abit of upside Usdjpy but the show is over, and the people who go in now is going to watch the trailers and credits ....only fools rush in....
Time to sell !!
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http://www.businessinsider.com/soros-profiting-from-decline-in-pound-yen-2013-2?nr_email_referer=1&utm_source=Triggermail&utm_medium=email&utm_term=Business%20Insider%20Select&utm_campaign=Business%20Insider%20Select%20Mondays%202013-02-18&utm_content=emailshare
Hedge Funders Cash In Huge On The Collapse Of The Yen
(Reuters) - U.S. hedge fund investor George Soros has gained about $1 billion since November betting against the yen, the Wall Street Journal reported, citing people with knowledge of the firm's position.
The yen lost nearly 20 percent against the dollar between November and early February, picking up speed as Japan's new government put pressure on the Bank of Japan to ease monetary policy more aggressively to defeat deflation.
Cheers
Mark (Chin M)
Sunday, February 10, 2013
UsdJpy on 11 Feburary 2013 : 5th wave down
UsdJpy on 11 Feburary 2013 : 5th wave down
Target 91.20 - 91.50
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