USD/JPY hits the skids in fall to 155.00

USD/JPY hits the skids in fall to 155.00

From forexlive.com

A first taste of intervention play by Tokyo perhaps? The pair is being quickly bought up though as the volatility swing sees it back up to the 155.70-90 range at the moment. The size of the move definitely invites the idea of Japanese officials stepping in but with the quick dip buying, the effectiveness is certainly questionable given the timing and present liquidity conditions.

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#1
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Apr 26, 2024 4:16am Apr 26, 2024 4:16am

BillyIdol
Joined Feb 2023 | Status: Trader | 281 Comments

Mr. UEAD, pack your bags. Prison is waiting.

#2
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Apr 26, 2024 4:17am Apr 26, 2024 4:17am

Whatevs
Joined Mar 2022 | Status: Trader | 169 Comments

Yeah... to catch sell stops and demolish retail, YET AGAIN!

#3
Quote
Apr 26, 2024 4:19am Apr 26, 2024 4:19am

Trader#3BB4
| Status: Unregistered Trader

This is what they did last time... next round of buying will aim for 154

#4
Quote
Apr 26, 2024 4:19am Apr 26, 2024 4:19am

chimdayo
| Joined Jul 2018 | Status: Trader | 32 Comments

Hit the stops and keep the trend going. What drove the price to 156.8 in the first place? Retail traders has to ask questions because i believe a few has come off age not to go against the trend.

#5
Quote
Apr 26, 2024 4:22am Apr 26, 2024 4:22am

Trader#3BB4
| Status: Unregistered Trader

Tokyo market about to close, they'll punch it again sion

#6
Quote
Apr 26, 2024 4:24am Apr 26, 2024 4:24am

Crucifix
| Joined Jul 2012 | Status: Fx Trader | 129 Comments

And went back to 156+ before this published

Oooooooooopppppppppssssssss

#7
Quote
Apr 26, 2024 4:25am Apr 26, 2024 4:25am

rehmatkhan00
Joined Jan 2021 | Status: Trader | 300 Comments

Thanks to trailing SL otherwise not only my profit but also good amount of money of my account would have been destroyed

#8
Quote
Apr 26, 2024 4:27am Apr 26, 2024 4:27am

Trader#520B
| Status: Unregistered Trader

Quoting rehmatkhan00

Disliked

Thanks to trailing SL otherwise not only my profit but also good amount of money of my account would have been destroyed

Ignored

You mean you were suckered into having your stop LOSS triggered and then the price went right back up again. You lost a lot of profit!

#9
Quote
Apr 26, 2024 4:27am Apr 26, 2024 4:27am

Whatevs
Joined Mar 2022 | Status: Trader | 169 Comments

Quoting rehmatkhan00

Disliked

Thanks to trailing SL otherwise not only my profit but also good amount of money of my account would have been destroyed

Ignored

Same dude! Was in great profit, GREAT PROFIT, then crap haha.

#10
Quote
Apr 26, 2024 4:28am Apr 26, 2024 4:28am

Whatevs
Joined Mar 2022 | Status: Trader | 169 Comments

Quoting Crucifix

Disliked

And went back to 156+ before this published

Ignored

Intentionally lagging with news so we don't know what's going on,
This stupid fuc'ing piece of shit market is so rigged it's ridiculous.

Then people wonder why 95% lose in this shit.

#11
Quote
Apr 26, 2024 4:28am Apr 26, 2024 4:28am

BillyIdol
Joined Feb 2023 | Status: Trader | 281 Comments

Quoting chimdayo

Disliked

Hit the stops and keep the trend going. What drove the price to 156.8 in the first place? Retail traders has to ask questions because i believe a few has come off age not to go against the trend.

Ignored

Bullshit, everybody is packed long. The big guys don't go long, they go short.

#12
Quote
Apr 26, 2024 4:28am Apr 26, 2024 4:28am

rehmatkhan00
Joined Jan 2021 | Status: Trader | 300 Comments

Anyway what was the purpose of this illegal sharp downward movement, it must have destroyed a lot of poor traders accounts. This must be completely illegal.

#13
Quote
Apr 26, 2024 4:29am Apr 26, 2024 4:29am

rehmatkhan00
Joined Jan 2021 | Status: Trader | 300 Comments

Quoting Whatevs

Disliked

{quote} Same dude! Was in great profit, GREAT PROFIT, then crap haha.

Ignored

Same here, I was holding a really good profit but then this happened lolzzz

#14
Quote
Apr 26, 2024 4:31am Apr 26, 2024 4:31am

Trader#B73C
| Status: Unregistered Trader

They just lock profit and continue buying

#15
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Apr 26, 2024 4:34am Apr 26, 2024 4:34am

Whatevs
Joined Mar 2022 | Status: Trader | 169 Comments

Did you notice how they went exactly below 155 before reversing the price?

#16
Quote
Apr 26, 2024 4:35am Apr 26, 2024 4:35am

Trader#3BB4
| Status: Unregistered Trader

Quoting rehmatkhan00

Disliked

Anyway what was the purpose of this illegal sharp downward movement, it must have destroyed a lot of poor traders accounts. This must be completely illegal.

Ignored

Not illegal

#17
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Apr 26, 2024 4:46am Apr 26, 2024 4:46am

rashadali
Joined Jan 2016 | Status: Trader | 741 Comments

next stop 157-158 )

#18
Quote
Apr 26, 2024 4:51am Apr 26, 2024 4:51am

liberty458
| Joined Aug 2006 | Status: Trader | 595 Comments

They don't call this Yen Pair....The Widow maker for Nothing...

#19
Quote
Apr 26, 2024 5:18am Apr 26, 2024 5:18am

Tony112
Joined Apr 2008 | Status: sometimes... news come unexpected | 2658 Comments

So, hey, I guess I'm going on a vacation.

Invest in alarm clocks

#20
Quote
Apr 26, 2024 5:26am Apr 26, 2024 5:26am

TigerAskari
| Joined Dec 2023 | Status: Trader | 4 Comments

That pull back was insane

#21
Quote
Apr 26, 2024 5:53am Apr 26, 2024 5:53am

Trader#BD66
| Status: Unregistered Trader

Quoting rehmatkhan00

Disliked

Anyway what was the purpose of this illegal sharp downward movement, it must have destroyed a lot of poor traders accounts. This must be completely illegal.

Ignored

look at the M1 chart, fast movement in less than 5 minutes, standard ABC correction pattern.

#22
Quote
Apr 26, 2024 6:35am Apr 26, 2024 6:35am

Ericedge
| Joined Oct 2022 | Status: Trader | 460 Comments

I said it couple of hrs ago in this tread before the deep selling occurred. It's only those who know what's triggering uj rising n falling will make money in this recent fall. For the past 8year i have not traded uj.and maybe i don't think i will ever put my hard money on it.

ANYTHING GREAT HAS A PRICE

#23
Quote
Apr 26, 2024 11:18am Apr 26, 2024 11:18am

asmadi78
| Joined Oct 2012 | Status: Trader | 827 Comments

JPY is the great Toilet Paper currency for Year 2024

#24
Quote
Apr 26, 2024 12:50pm Apr 26, 2024 12:50pm

FXWish
| Commercial User | Joined Mar 2024 | 114 Comments

Those who buy on these levels can't be normal people

Trading since 2008 - Quality, Integrity, and Verified Results

#25
Quote
Apr 26, 2024 12:53pm Apr 26, 2024 12:53pm

m0hmz
| Joined May 2016 | Status: Trader | 40 Comments

Wait for intervention during the closing hours today!

#26
Quote
Apr 26, 2024 1:10pm Apr 26, 2024 1:10pm

FXWish
| Commercial User | Joined Mar 2024 | 114 Comments

Quoting m0hmz

Disliked

Wait for intervention during the closing hours today!

Ignored

How do you know bro? You work with BOJ?

Trading since 2008 - Quality, Integrity, and Verified Results

#27
Quote
Apr 26, 2024 3:15pm Apr 26, 2024 3:15pm

Nick.
Joined May 2013 | Status: Trader | 1107 Comments

Quoting FXWish

Disliked

Those who buy on these levels can't be normal people

Ignored

Actually is normal people who buy back at this levels when their stops and margins are hit.

#28
Quote
Apr 27, 2024 1:12am Apr 27, 2024 1:12am

FXWish
| Commercial User | Joined Mar 2024 | 114 Comments

Quoting Nick.

Disliked

{quote}Actually is normal people who buy back at this levels when their stops and margins are hit.

Ignored

Trading since 2008 - Quality, Integrity, and Verified Results

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Story Stats

Posted: Apr 26, 2024 4:14am
Submitted by:
Newsstand

Category: High Impact Breaking News

Comments: 28 / Views: 9,088

USD/JPY hits the skids in fall to 155.00

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