Board logo

標題: Short YEN [打印本頁]

作者: b4321    時間: 2008-10-22 19:39     標題: Short YEN

I'll short YEN if it reaches 98. And short more if it reaches 95.

Interest is only US0.7 per day per lot (YEN 2,500,000), so I can hold.
作者: peninsula    時間: 2008-10-22 20:21

引用:
原帖由 b4321 於 2008-10-22 19:39 發表
I'll short YEN if it reaches 98. And short more if it reaches 95.
Interest is only US0.7 per day per lot (YEN 2,500,000), so I can hold.
Meaning you expect it to move up further?
作者: b4321    時間: 2008-10-22 21:18

YEN should appreciate a little bit becoz market seems is squaring the carry-trade (selling other assets and buying back YEN).
However, Japan, which is a economic giant, will not allow YEN to appreciate too much to affect Japan's export.

I expect I can start to short at 98, and short more if reaching 95.
引用:
原帖由 peninsula 於 2008-10-22 20:21 發表

Meaning you expect it to move up further?

作者: mrdailau    時間: 2008-10-22 21:41

引用:
原帖由 b4321 於 2008-10-22 19:39 發表
I'll short YEN if it reaches 98. And short more if it reaches 95.

Interest is only US0.7 per day per lot (YEN 2,500,000), so I can hold.
Do you mean buying usd/yen or selling usd/yen?
I already sold usd/yen from 10160, targeting 9800.

[ 本帖最後由 mrdailau 於 2008-10-22 21:43 編輯 ]
作者: b4321    時間: 2008-10-23 14:57

Selling YEN, buying USD.

However, YEN is very strong due to the squaring of carry-trade. So once it reaches 10X, then I need to square and close the position. It may reach 95, depends on how many more carry-trade needs to be squared.

I hear that Korea gov't and banks have been doing a lot of carry-trade (selling YEN, borrow USD or other currencies). Since the market down turn and investors (including gov't, banks etc) need to sell their assets and buying bank YEN, so YEN now is very strong becoz of the huge demand. Korea may borrow YEN at a cheaper price, but now needs to buy back at a high price. The outcome is Korea may go bankruptcy.

YEN is a difficult currency.
引用:
原帖由 mrdailau 於 2008-10-22 21:41 發表


Do you mean buying usd/yen or selling usd/yen?
I already sold usd/yen from 10160, targeting 9800.

作者: peninsula    時間: 2008-10-23 20:52

引用:
原帖由 b4321 於 2008-10-23 14:57 發表
Selling YEN, buying USD.
However, YEN is very strong due to the squaring of carry-trade. So once it reaches 10X, then I need to square and close the position. It may reach 95, depends on how many m ...
Too strong. All others become very weak!
作者: ces    時間: 2008-10-24 12:30

Sell Yen 係正路
但由於市場太不理牲
所以在98以上sell可能要捱一輪價
但長線我認為可搏

我亦啱啱在 95.8 sell 了少少
是上次大注 +NZD/yen 重傷後首次再沾手Yen
作者: b4321    時間: 2008-10-24 16:23

Shorting YEN seems like holding a falling knife....

Where is the Japan gov't to interference the YEN?? It's time for the gov't to stand up and do something.
作者: 38E    時間: 2008-10-24 16:55


作者: peninsula    時間: 2008-10-25 16:38

引用:
原帖由 b4321 於 2008-10-24 16:23 發表
Shorting YEN seems like holding a falling knife....
Where is the Japan gov't to interference the YEN?? It's time for the gov't to stand up and do something.
Moved to almost 90. Scary!
作者: ces    時間: 2008-10-27 18:11

引用:
原帖由 ces 於 2008-10-24 12:30 發表
Sell Yen 係正路
但由於市場太不理牲
所以在98以上sell可能要捱一輪價
但長線我認為可搏

我亦啱啱在 95.8 sell 了少少
是上次大注 +NZD/yen 重傷後首次再沾手Yen
卒之又止咗饋
向現實低頭
上週五起逢低買Yen
有利
作者: easylover    時間: 2008-10-28 11:45

today is the best time to short yen strongly, because last night G7 announced they will intervent the up trend yen.
作者: ces    時間: 2008-10-28 11:54

still feel uncomfortable to trade yen
very little deal only
作者: b4321    時間: 2008-10-28 13:12

Can't use rational reason to trade YEN, as market now is irrational.

G7 can't do much to stop the raising of YEN and against the whole market. YEN could rise to 80 for further panic squaring of carry-trade.

When YEN raises to my position, I'll square and wait and see and speculate for another chance.
引用:
原帖由 ces 於 2008-10-28 11:54 發表
still feel uncomfortable to trade yen
very little deal only

作者: CHANGMAO    時間: 2008-10-28 17:51

US wants to export more to Japan
作者: peninsula    時間: 2008-10-28 21:50

引用:
原帖由 b4321 於 2008-10-28 13:12 發表
Can't use rational reason to trade YEN, as market now is irrational. ...
Nothing has been rational.
作者: easylover    時間: 2008-10-29 09:26

引用:
原帖由 easylover 於 2008-10-28 03:45 發表
today is the best time to short yen strongly, because last night G7 announced they will intervent the up trend yen.
did anyone follow?
i make some $
作者: ces    時間: 2008-10-29 13:27

yes
opened short position at 94.5
taken profit at 97

[ 本帖最後由 ces 於 2008-10-29 13:29 編輯 ]
作者: b4321    時間: 2008-10-29 13:41

Squared at 98.

And will wait for another chance if rises to 90 or more again.
作者: peninsula    時間: 2008-10-29 21:23

引用:
原帖由 b4321 於 2008-10-29 13:41 發表
Squared at 98.
And will wait for another chance if rises to 90 or more again.
Hooray - good profit!




歡迎光臨 香港 Xocat Forum 討論區 (http://p.xocat.com/p/) Powered by Discuz! 6.0.0