Menu
Sister Sites

  • BOJ Statement on Monetary Policy

    From or.jp Story is in PDF Format

    At the Monetary Policy Meeting held today, the POlicy Board of the Bank of Japan decided, by unanimous vote, to set the following guideline for money market operations for the intermeeting period: The Bank of Japan will conduct money market operations so that the monetary base will increase at an annual pace of about 60-70 trillion yen. With regard to the asset purchasesm the Bank will continue with the following guidelines: The Bank will purchase Japanese government bonds (JGBs) so that their amount outstanding will increase at an annual pace of about 50 trillion yen, and the average remaining maturity

Noonies
Looks like nothing changed.
When the facts change I change my mind, what do you do sir
  •  Guest
  • | IP XX.XX.221.191
Future of yen?
what does this mean for E/J ?
not sure what happened but USD just took a hit dropped 30 pips in just a couple mins
Ej is falling down,
  •  Guest
  • | IP XXX.XXX.135.64
eur/jpy & all yen pairs will down trend because of the news,once again yen have strong ,but how long ?
Once again Yen become strong,all yen pairs will down because of the BOJ policy statement ,so go short !
Little change in fact or tone, so the JPY jumps and takes the majors with it. The yen crosses down.
Looking at USD/JPY chart I feel so fear cause anything could hapen in this market right today.
Quoting Narnold1
not sure what happened but USD just took a hit dropped 30 pips in just a couple mins
Not sure?
So go the sleep my dear.
  •  Guest
  • | IP XX.XXX.194.151
Why is the EUR/USD rising on this news?
  •  Guest
  • | IP XXX.XXX.152.158
People are buying JPY against USD, which put pressure on USD in other cross
just finished the report and I still didn't see anything that makes me understand why the USDollar index took a hit...
It's simple...there's a lot of uncertainty right now in the market, and Japan has the most solid plan. Until we get a decision from the fed on QE, I would expect the yen to strengthen.
Good luck and may the odds be ever in your favor!
awesome thanks for explaining that
Quoting Narnold1
just finished the report and I still didn't see anything that makes me understand why the USDollar index took a hit...

Likewise. Of course, it could be it profit taking in conjunction with shorts sells and head up. Nothing the BoJ said was unexpected, the move is interesting.
  •  Guest
  • | IP XXX.XX.20.11
I've noticed the last 4 bad news events that have come out on the Aud its gone up first before coming down later.
Don't try to play middle of the battle. Stay relaxed..
I Love Green Pips.
Quoting nelsatff
Don't try to play middle of the battle. Stay relaxed..
from now I need to learn how to be relaxed, peace ya..already middle of the battle..
SELL YEN! BUY USD/YEN!!!!
more sellers than buyers.

no wait , more buyers than sellers.

s
Kuroda will lead you go to sky..
Aso Said Japan Won’t Intervene in Market After Surge in Yen (range EJ 131-127) and see weekly chart bearish stil dominan with the buterfly harmonic!!!
buy and hold EJ up to 134
fokyou forexfactory
Wait for press conference
EJ comes up from 94, Uj from 75 , Ej will go down arround 120, UJ 90
It is clear that the USD/JPY is heading for support at a level just above 92, before a move back above 100.
Quoting Big Move
It is clear that the USD/JPY is heading for support at a level just above 92, before a move back above 100.
Well done! Some of these muppets saying sell Yen are now sinking fast. 50% retrace and the next leg down. My entries were 99 and 99.20 with a SL above 99.40. Enjoy the ride

I will start selling Yen much lower... 90-92 do look like some nice support areas but the best area is 93 for me.
  •  Guest
  • | IP XXX.XX.232.29
What do you mean? Will it really break all supports down to 92, eventhough 95 was a massive support?

If thats the case, Im screwed!
Yes I agree, at 92 though, I will have made enough to go & get a Tan for a couple of weeks. 92 conservative, I will probably close down here get my big payday & then get some more smaller gains later. Good Luck Buddy !!!
Further to my remarks, anybody seen the USD/JPY in last few hours???
once Again my prediction is prooved in BOJ statement,i make 619 pips !
  •  Guest
  • | IP XX.XXX.12.173
Just reading the comments on a thread like this, it is very easy to realize why 95% of all retail accounts go bust.

Most of you are guessing, hoping & wishing.

Please ask your friends to fund an acct as well
This is a bullshit move down- market is angry because BOJ just said the same thing...
  •  Guest
  • | IP XXX.XXX.26.89
look at your your monlthy charts of all JPY pairs and use the very simple forex analysis and see what does it tell you ?? gosh some people just love to complicate things
Quoting jegas
once Again my prediction is prooved in BOJ statement,i make 619 pips !
How can you make 619 pips when price has moved 300 pips down since yesterday? You had 2 micro lots on? You don't count the pips for each micro lot, you daft brush! Put a yard on and you can state that you made 300 billion pips, so your 619 pips are bull!
Quoting Guest
Just reading the comments on a thread like this, it is very easy to realize why 95% of all retail accounts go bust.

Most of you are guessing, hoping & wishing.

Please ask your friends to fund an acct as well
We need people like them in the markets to fund our accounts
Quoting sonney227
This is a bullshit move down- market is angry because BOJ just said the same thing...
You haven't mastered the art of reading the markets properly... this takes 1000s of hours of screen time.
You haven't mastered the art of reading the markets properly... this takes 1000s of hours of screen time.


Agreed.

The comments from all the senior traders is the mile stone
for the juniors.
Look at the chart Guest (Daily) you say support(s) there is only one major support & that is 96. After that 92 is the next major which I am working to. I guess you are working to lesser timeframes which everybody knows are less significant. If you have the capital you could sit it out or if not close your position before you go bust.
Quoting bbakker
How can you make 619 pips when price has moved 300 pips down since yesterday? You had 2 micro lots on? You don't count the pips for each micro lot, you daft brush! Put a yard on and you can state that you made 300 billion pips, so your 619 pips are bull!
With due respect, what's the difference if one trade 1 lot and TP for 619pips or 2lot and TP for 300pips (equivalent to 1lot 600pips)? Presume jegas meant it that way I wonder?

In any case as long as one make pips either short or long, what's the problem?
Quoting bbakker
You haven't mastered the art of reading the markets properly... this takes 1000s of hours of screen time.

We'll see
Quoting sonney227
We'll see
Yes, eventually USDJPY will go to 110 and then 120 but not this year. You bought too soon! I will be buying at a better price because I don't want to be 500 pips underwater, that is not how I trade.

@Big Move - I don't see 96 as major support. What makes you think this is major support? Also are you trading or investing... BIG difference! In retail trading you use a SL to cut your losses short when the market tells you that you're wrong.

@jonathanhk - Sure make pips, but like my example I can state I made 300 billion pips by putting a yard on. Wish I had a yard to put on... LOL
Quoting bbakker
@jonathanhk - Sure make pips, but like my example I can state I made 300 billion pips by putting a yard on. Wish I had a yard to put on... LOL
LOL - well if only we have a yard to bet on! Even 1 pip TP a day will be more than sufficient to last me months

Nice one bbaker!
  •  Guest
  • | IP XX.X.128.103
the simple reason that no-one gave a damn about Jap monetary policy at last G20 meeting:

http://finance.yahoo.com/blogs/breakout/currency-wars-stocks-win-weaker-yen-112428969.html?vp=1
Quoting shopster
more sellers than buyers.

no wait , more buyers than sellers.

s
I like it, all
No tree, it is said, can grow to heaven unless its roots reach down to hell
  • New Comment
  •  Guest
  • | IP XX.XX.9.170
Join FF
  • Story Stats