USD/JPY Crowded Trade | Forex Factory

  • USD/JPY Crowded Trade

    From vantagefx.com

    Back at my screens after the Anzac Day holiday on Monday and ready to crush things this week. And what a week it is too, with plenty of tier 1 economic data to affect the majors. This is of course capped off by the highlight of the week, the April FOMC decision… into the RBNZ just 3 hours later… AND the BoJ just 8 after that! Speaking of Japan, this Tweet from @ReutersJamie caught my eye this morning: When a publicly obvious trade gets overdone, there will inevitably be a correction. The short USD/JPY (or long JPY) trade is definitely one of these openly public trades that every man and his dog knows about, talks ... (full story)

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DexterMorgan
Apr 26, 2016 3:13am
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Quoting Vantage FX
Brother!

What's the thinking behind this setup?
ABCD on D1
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Vantage FX
Apr 26, 2016 12:22am
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Does anyone want to share their JPY related trade ideas here heading into the BoJ?
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Vantage FX
Apr 26, 2016 2:23am
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Quoting Sequence
USD/JPY Down to 105.57.....Brother
Brother!

What's the thinking behind this setup?
Reply
Sequence
Apr 26, 2016 1:05am
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Quoting Vantage FX
Does anyone want to share their JPY related trade ideas here heading into the BoJ?
USD/JPY Down to 105.57.....Brother
Reply
Trader#67FD
Apr 26, 2016 7:14am
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The market will force intervention by The Bank of Japan.Depends on the current support level on DXY.Its up to Janet if she also wants to weaken the Euro.
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