Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Re: Seasonal Yen Breakout?

The JPY has been changing direction every month since the low in May. May was a low instead of a seasonal high. and, almost all signals from the seasonal chart you showed have been inversions up to this point. that is, the seasonal has been 180 degrees from the market. highs have been lows and lows highs. 100% wrong on direction.

the October seasonal does hit the market so far. There was a high early this month.

This is why I am USD bearish until the entity can show me something other than inversions. although, truth be told, the JPY is a miniscule part of the actual DX make up.

icd

Messages In This Thread

Seasonal Yen Breakout? *LINK* *PIC*
Re: Seasonal Yen Breakout?
Re: Seasonal Yen Breakout?