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Thread: yen slide

  1. #1
    Legendry Member Michael Hodges's Avatar

    yen slide !!!

    yen slide
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    yen slide and a good entry point

  2. #2
    Specialist Member marvel's Avatar
    It is a good idea but too risky I think as the decline could not be finished yet and also the entry levels are too high. Let see! It is great that we could watch your trades live in the CommuniTraders Michael!

  3. #3
    Veteran Member Ammeo's Avatar
    Quote Originally Posted by marvel View Post
    It is a good idea but too risky I think as the decline could not be finished yet and also the entry levels are too high. Let see! It is great that we could watch your trades live in the CommuniTraders Michael!
    I recently heard a report Yen made its 19 years high this week...this currency is booming and has got more and more potential to boom...

  4. #4
    Senior Member LeeChang's Avatar
    Only hypothetically Ammeo, if some of the market tail risks happen the yen could gain power again and it will be despite the BOJ massive devaluation procedure. It could happen for example if a massive storm in the stock market activates, if the China growth become threatened.

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