I don’t get english language T.V down here – and I’m all the better for it.
For kicks once in a while – I’ll hit the “CNBC Widget” in my Think or Swim Platform, pull up a chair, pour myself a Mezcal and consider it my “Seinfeld”.
I just caught an interview with some quack outling the pitfalls of Japan’s easing policies, suggesting they’ve made a terrible mistake, and that this can only been seen as negative – ooooh so negative. Wakey wakey U.S.A!
The rest of the world will not sit idle and allow Uncle Ben to destroy the U.S Dollar without a fight. QE5 coming faster than you think, as Uncle Ben will have no choice.
But he can’t justify printing at all time highs can he?
Down before we go up? – Makes sense to me.
English speaking T.V is absolutely hilarious.
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You live in…Mexico?
Yes – going on 4 years now.
Holy crap. I took a ride on the USD/JPY long mostly based on your thoughts from 2 Apr:
“This in itself provides an extremely solid “fundamental foundation” for trade considerations LONG USD/JPY, as both currencies are aggressively devalued”
I made some coin. Well done sir.
Hi Chris – great job and congrats.
Please keep in mind. My trade concepts are largely “macro” and are often misinterpreted by shorter term traders.
These are not “trade signals” short of literally hearing me spill – “hey people! – buy JPY!”
In this case – you’ve hit it bang on as the fundamentals push through the noise – but I do caution you moving forward…..I
As I trade “big and wide”.
Congrats again….it takes some balls to make some coins.
ForexKong – I’ve made my living in Japan for 25+ yrs. It seems that the BOJ policies and PM Abe are being well received, not just by Corp Japan but also by Nihon citizenry. Consensus is a power base in Japanese culture, and it appears to be forming.
ForexKong – yes and I had every intention of sticking with your long term thesis. I’ve never had such a massive win though and thought better about letting it ride so I collected my coins. Your caution is duly noted and I look forward to your macro analysis.
I’m waiting it out for 82.70 and 80.50, even if it takes all year to get back there.
Hey man….waiting what out til 82.70 / 80.50 ?
Fantastic Chris – there will be alot more “massive wins” coming throughout the year!
Great work.
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