A Trader's Introduction to the Yen
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Now it's China who's number 2.
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hi hfarhaan, my pleasure and yes I think this is a surprise to a lot of people who don't realize how far down things can go after a bubble. Best Regards, Dave
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Thanks Dave for this video, this video absolutely astonished me, I looked up the chart of Nikkei to see it topped at 39,000 points!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!, though today is at 13,000 points after 2 decades -
I appreciate all of your imformative videos. Now, let the big bucks roll in?
(lol)
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Don't think I am not focusing on the great info provided, but what happened to your glasses David?
ForexFrenzy 3 years ago
contacts that day;-)
InformedTrades 3 years ago
Good information once again. We can all learn a lot from the past because in most cases, History repeats itself.
I was not aware and like many others that japans stock market increased to astronomical values and suffered for years after the head shoulders.
From this lesson, would it be safe to say that the U.S is going through a similar Depreciation??
lofa912 3 years ago
Hi lofa92, I think there are many similarities between what happened in Japan and what is happening now in the United States but there are differences as well. Primarily it seems as though the US is acting faster than Japan did to try and adress the problem however on the flipside of this the US is already in a lot of debt where Japan runs surpluses. Because of this there is a debate going on as to wether this will all result in inflation or deflation. Best Regards Dave
InformedTrades 3 years ago
Of all currencies you profiled, which do you like the most, the Japanese Yen, the Euro, the British Pound, the Swiss Franc, or our US Dollar?
RogueKnight12866 3 years ago
Hi RogueKnight12866, I like to follow the US Dollar the closest of all the currencies because it has such a large impact on pretty much everything in the forex market and many things outside it such as oil and gold. Best Regards, Dave
InformedTrades 3 years ago