BOJ generally intervenes during quiet times so that they can do it with more chance of success using less money.
ie., daylight hours in Japan.
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Disliked{quote} I seriously doubt that. It is a bank holiday in Japan today. BOJ generally intervenes during quiet times so that they can do it with more chance of success using less money. ie., daylight hours in Japan.Ignored
Disliked{quote} I seriously doubt that. It is a bank holiday in Japan today. BOJ generally intervenes during quiet times so that they can do it with more chance of success using less money. ie., daylight hours in Japan.Ignored
Disliked{quote} Yes but also got to say it was "technically" reasonable as Yen was clearly overbought on all timeframes and the move was so exhausted I mean 122 to 110 without any meaningful correction. and here we go. My bias is still for USDJPY to reach 95 whether BoJ interferes or not.Ignored
DislikedI'm long at 112 SL 50pips and I'm setting the TP at 114 and 115. Another 200pips M1 candle may well catch it.Ignored
Dislikedhttp://www.forexfactory.com/showthre...11#post8747911 {image} ___________________________________________ >> Quinton’s Simple & Effortless Trading threadIgnored
Disliked{quote} They are the wild card. (BOJ) I don't think they can stop the melt down, but they could certainly cause some BIG spikes and screw all the players with shorts. That's one reason I have been in and out again taking profits and not just lowering stop loss..putting money in my pocket and leaving less on table for the manipulators. Also if i leave it out there with stops it tests my discipline not to keep moving stops when the price approaches them... this last little move down bumped weakly 5 points from bottom. Has to touch b4 it can go up...Ignored
DislikedI shorted and I'll probably keep it open until the pair reaches 110.00.Ignored