BilboFx
Long

YEN - The begining of the End

FX:GBPJPY   British Pound/Japanese Yen
347 6 5
I think that's the begining of the end for JPY
veritasfx
5 months ago
One day to Ten years! :)
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Nicemate
5 months ago
Hello !
My name is Pietro and, as I am here to genuinely understand economic principles, not only trading analysis, I wanted to ask you if you could please explain your comment : )
I understand that Japan has gone through a huge period of deflation, but don't quite get the link between the UK and Japan.....
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BilboFx PRO
5 months ago
Hello

Excuse my English but hey I'll try

For me Japan is dead, I am GBP / JPY because it is probably the most interesting pair in terms of fluctuation it goes without saying that this is the most dangerous example of this day in 2600 pips this is not nothing.

I say Japan is dead economically died, debt, demographic and pollution, I say this also because almost all cross xxx / JPY is in turning elliotistes phases on the Yen LT bottoms were done, so they can abenomics say and do as they want, but there is a safe bet that the next bottoms are the last opportunity to take short positions on the LT Yen (JPY). Other parts of the book this fall to cause a sharp increase USD and YEN which valued in a hyper market could cause shock and deep profit-taking on the US equity market, in other words a stock market crash and the yen may suffer the consequences of ultra-liberalism and runaway debt because one day he will have it stopped (350% of GDP) is not nothing, even if the Japanese are big savers and hard worker. The manga generation happens has nothing to do with that after the war, that's my feeling.

Other hand japan is in a tricky puzzle head with a very big energy problem because of Fukushima, there other hand lost 6% of its agricultural land because of the radioactive pollution and is rotting his pantry, the Pacific ocean.

These are the reasons for my decision, I'm not saying it will turn on but the situation is becoming more favorable for this decision to the bottom area is an area for this reversal and this as the historical bottom n is not violated because it is possible that one is at the end of wave 2 of the first wave that started this one following the Fukushima accident, whether GBP / JPY or other matter but the situation could recur on other cross.

Yours and be careful.
Gilbert

(Traducteur google)

Bonjour

Excusez mon anglais mais bon je vais essayer

Pour moi le Japon est mort, je prends GBP/JPY car c'est probablement la paire la plus intéressante en terme de fluctuation il va sans dire que c'est la plus dangereuse exemple de cette journée 2600 pips ce n'est pas rien.

Je dis le Japon est mort, économiquement il est mort, dette, démographie et pollution, je dis ça aussi car presque tout les cross xxx/JPY sont dans des phases elliotistes de retournement sur le Yen les bottoms LT ont été fait, donc ils peuvent dire et faire des Abenomics autant qu'ils veulent, mais il y a fort à parier que les bottoms prochains soient la dernière occasion pour prendre des positions LT de short sur le Yen (JPY). D'autres parts cette chute de la livre à provoquer une très forte hausse USD et YEN ce qui dans un marché hyper valorisé pourrait provoquer un choc et une prise de bénéfice profonde sur le marché action US, autrement dire un crack boursier, et le yen pourrait subir les conséquences de cet Ultra-libéralisme et de dette galopante car un jour il faudra bien que cela cesse (350% du PIB) ce n'est pas rien, même si les japonais sont de gros épargnant et de gros bosseur. La génération manga qui arrive n'a plus rien à voir avec celle d'après guerre, c'est mon sentiment.

D'autres part le japon est dans un casse tête épineux avec un très gros problème énergétique à cause de Fukushima, il a d'autres part perdu 6% de ses terres agricoles à cause de la pollution radioactive et il est en train de pourrir son garde manger, l'océan pacifique.

Voilà les raisons de ma décision, je ne dis pas que cela va se retourner de suite mais la situation devient de plus en plus favorable pour cette décision la zone jusqu'au bottom est une zone pour ce retournement et ceci tant que le bottom historique n'est pas violé car il est possible que l'on soit en fin de vague 2 de la première vague celle ci ayant démarré suite à l'accident de Fukushima, que cela soit GBP/JPY ou une autre peu importe mais la situation risque de se reproduire sur d'autres cross.

Bien à vous et soyez prudent.
Gilbert
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JumpJumpBunny BilboFx
5 months ago
Sir, I agreed with you. Look at USD/JPY... Its Double Heads on monthly time frame. In fact, when I read that Toyota is making a lost of 35 million when JPY is strong, it puzzled me. Why? As the number one car manufacturer in term of volume, they need more money to produced more cars but with such strong JPY; they going to lose more, How many 35 million can they lost! And KIA (a non luxury) for the first time in 27 years history had just over took them to be number one, that show they are going downhill and is a matter of time. I just felt that, The Brexit might affected them sooner or later, if you could remembered Black Wednesday (September 16, 1992) George Soros brought the Bank of England to the knee, the turmoil that spread across the Asia that caused the 1997 Asian financial crisis.
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fuse-forex
5 months ago
If your suggestion is a long on the GBPJPY - then you may be right - but the probabilities both fundamentally and technically say that you're wrong. I guess the only thing that matters is to ask the simple question: Where are the stops and the target levels?
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BilboFx PRO fuse-forex
5 months ago
Every day a market and every day I would look for buying opportunities, and of course the stops and profit taking will be consequences positions taken . I only say what I think I would invite anyone to do what I do and if I post this analysis is mainly to see the evolution of this cross GBPJPY is a killer for those who do not know .
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