bebasvemir's Blog

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BACK 2 FOREX BACK 2 TRADER CONTEST

Hello everyone,
February for me is getting serious with this contest, a couple of years ago I was top 20 for four months in a row, had some time to do it. Again seems that this Feb I will have time again and hopefully I will do good and finally unlock those 400$ that have been waiting for 3 years to become more than 500$.
I wish all of you very best trades, lots of pips while having good time doing it!
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NUKED NIKKEI MAY CALL FOR STRONGER BOJ EASING

With Nikkei's almost 5% drop yesterday closing at 14008, losing 15% YTD or getting to a price that was achieved only after a month of Abenomics in play, the talk started to spread of how much room there is left on the downside for BOJ to pump the easing policy again. Some say we are already there, as Bloomberg notes:
"Japan’s central bank will probably boost purchases of ETFs as early as this month if Nikkei 225 drops to about 14,000, Hidenao Miyajima, chief strategist at Parnassus Investment St
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Daytrader21 avatar

If you take the fib from the 12300 low to 16380 high you can see that Nikkei is currently bouncing of 61.8 fib retracement

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EUR/JPY TO FLIRT WITH 100DMA FOR FEW DAYS

Hi all,
I expect E/Y to stay around 137,5 (100 DMA) until Thursday/Friday (ECB rate decision/NFP). My general view on the pair remains bearish for few obvious reasons. First, for weeks now, EU officials are trying to down talk EUR whenever they got the chance to, second, old German - Greek lender / spender ties are being pulled out of the closet AGAIN, Greece being such a good bear friend works perfect again for fundamental devaluation on demand, on technical side my general view is that all Yen…
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