Thanks Mr Breakout
Why did they do it and as traders how can we see which direction the big fish will go?
Anthony
Why did they do it and as traders how can we see which direction the big fish will go?
Anthony
USD/JPY Discussion 7 replies
NZD/JPY Discussion 12 replies
long eur/jpy, gbp/jpy, usd/jpy 11 replies
EUR/USD Bollinger Band Discussion 3 replies
Suidster's GBP/JPY Discussion 19 replies
DislikedThanks Mr Breakout
Why did they do it and as traders how can we see which direction the big fish will go?
AnthonyIgnored
DislikedWhich direction the big fish will go?
We cant until their move is made and by then it is too late.Ignored
DislikedNot at all, one huge hourly bar will immediately tell us the whole story, if we know how to confirm the trend...Ignored
DislikedSo on a downward trend you are willing to lose 500 pips just for the fleeting hope that an intervention might take place that might yield 200 pips?Ignored
DislikedGood point, but I am a day trader and if I can extract 100 pips from the YEN (about $12,700 profit with 10 standard lots) on Sunday and/or Monday I would happy, assuming another BOJ intervention is on its way.Ignored
DislikedI doubt it will have any effect short term.
Long term it is a good thing.
The first things that need to be cut is subsidizing the free worlds defense. We have enough nukes to make us untouchable.
Then, no more foreign aid.Ignored
DislikedIf BOJ intervenes again on Sunday, at lot of stops are going to be flushed instantly, so watch out for those over-the-weekend Yen positions...Ignored