Japan pension fund (GPIF) changes could allow equity share to rise

Thus the UJ, EJ and CHFJ Spike. The yen became the favorite tool for Brokers stop hunting.

good spike to sell

LoL. Now we will stop no where below 102. I prefer to sell once again at 102.50..

this is madnes, should we see maxim year xx/jpy today again?

This is madness! This is Sparta II

They will never run out of tricks to manipulate the market.

many pondit /master hate moving average but i liked ..open ej /uj just put 50 ema and 150 ema on 4 hrs tf and see da majic...how pa respect that level

I love EJ,

Got hit by that news but luckily I had a stop at 1.5325 (entered at 1.5301) so not a big deal. Funny thing is...I bet nobody even really knows what this news means. I've been trading close to 20 years now and I don't even have a clue. Haha. Got to love the markets.

And there is the confirmation that the reported rumor mongering by talking-forex or whoever is fund invested into talking-forex.

"News about GPIF re allocating assets to higher yield first appeared on talking-forex.com and cannot verified from any credible sources. Our sources at Nikkei refuse to confirm the rumor at talking-forex " - forex3x.com

for those who did not understand read the news this link .http://www.reuters.com/article/2013/05/30/us-japan-fund-idUSBRE94T0CG20130530

i found this article was 4 months old on http://www.bloomberg.com/news/2013-02-03/japan-pension-fund-s-bonds-too-many-if-abe-succeeds-mitani-says.html , nikkei move was fading

BoJ trying to backstop nikkei, that's all, same as US Fed backstops US equity markets.