- | Joined Sep 2006 | Status: Dragon Slayer | 148 Posts
If you count on hope in any trade ……. Get out of it
GBP/AUD, GBP/CAD, GBP/CHF and GBP/NZD thread 126 replies
long eur/jpy, gbp/jpy, usd/jpy 11 replies
GBP/JPY, GBP/USD, and EUR/USD (technical analysis) 3,084 replies
Gbp/jpy = Gbp/usd X Usd/jpy ?? 5 replies
Adwa Daily GBP/JPY analysis 23 replies
DislikedMy Hearth is useless now.... +600 pips in two days
and now the bounce should startIgnored
DislikedOH my god... I was down 100 pips on the GBPUSD today.. I was so annoyed.. however I shorted the GBPJPY at 237 last night.. and my god......... this has just done something I have never seen..
All my losses recoup..
And no sign of stopping???
Surely nobody has any charts to show what this is doing now??Ignored
DislikedOn the daily chart, it went from 228 to 241 in a couple of weeks. I see it coming down to 228 (1/8 low)Ignored
DislikedBOJ hasn't intervined in years...at least not officially. If it's another bank, it's probably China.Ignored
QuoteDislikedLeugimp......this must be BOJ intervention - any news on it
QuoteDislikedwell it sure looks like it on the charts
DislikedWhy do you think "it must be BOJ intervention"?
My charts show a rise in the JPY.... What do yours show differently to suggest BOJ activity?
The "market" has far more power than the BOJ - Why would the BOJ need to buy JPY if the rest of "the market" is doing it for themIgnored
DislikedSo 228 is the target? I thought it would bounce at 233. I am long at 233..Ignored
QuoteDislikedDEALERS NOTING THAT SEASONAL FACTORS FAVOR A STRENGTHENING YEN AS JAPANESE FISCAL YEAR END APPROACHES
- Japanese Exporters have to repatriated all profits before the end of the fiscal year on March 31st.
- Not a bookkeeping entry, but actual return of overseas profits
- Exporters flows of currency back into Japan could offset the Japanese retail/institutional outflow that is in search of yield (carry trade)<EUR/JPY GBP/JPY>
DislikedGBPJPY could drop even alot more.
Perhaps going short JPY in April or even in May like it did last year.Ignored