1 reply to this topic

[ogm]

I think the whole world is watching this chart now. And now the whole world knows about the carry trades, exactly how it works and what charts to watch

I've never traded currencies in my life. Heck, If I'm watching, I'm pretty sure everyone is

And to me it looks like its time to close that gap. Nice hammer there.
I think time for Japaneese government intervene and stabilize their currency and market. And thats probably exactly what they will do.

Edited by ogm, 18 August 2007 - 07:18 PM.

[dasein]

from another board - I wasnt aware, but it makes you think.... euro/yen and euro/dollar options didn't trade in Asia on Friday, the first freeze since LTCM (per WSJ), so fewer tools working to address FX risk. klh