sisse
Short

A Mid and Long Term view in AUD/JPY

FX:AUDJPY   Australian Dollar/Japanese Yen
With commodities collapsing and the BOJ announcing further easing and loose monetary policy , AUD/ JPY provides the best instrument to ride both the decline in commodities and the softer yen.
Trade closed: target reached: Update for Trailing
If commodities are falling, why, for the love of God, would you go long a commodity currency ? :))
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sisse vlad.adrian
I don't think you understood the chart. Its a short call !!!. When commodities go down AUD going down making the pair move down...
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I don't think you understand how forex works. If the BOJ si going to ease further, the yen is going to loose. That means higher AUDJPY.
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sisse vlad.adrian
The Kuroda and Abeconomics has been in full motion for quite a while. The arsenal is quite empty now and most of the move is already digested. In such a long fundamental trades we trade expectations not fact....Be careful you maybe the one who is not really grasping how fundamentals work.

In any case, this is a monthly chart so lots of things can happen in between. The main momentum should come from AUD later this year via dollar and FED hikes... lets have a review later to let the charts and fact talk by themselves in a few months ...
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Now I am sure you don't know what you are talking about.
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sisse vlad.adrian
No comments .... market have spoken ...
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@sisse, very nice
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