trend reversal imminent? market has already priced in most of the bad stuffs in EU and everyone expects terminal fed fund rate at about 4.5% to 5% so I don't know if there's anything else that could plunge euro/dollar down further. The weekly looks ...

147 as expected. I made so much money in less than two hours. I hope everyday is an intervention day but I'll take this once in a 10 years opportunity.

U/J is overdue for a large correction and the intervention might jumpstart it. Large institutions will begin taking profits and when they do, we could see 140 easily. Longterm trend is still up and fundamentals still point to more yen weakness and ...

500 pips spike down last time. I hope we get 500 pips again. Looking for 147.

It was stealth manipulation by the JP government. Now anyone who sells the yen would be susceptible to such stop hunts like these unless they use wider stops which I think would be ridiculous but to each his own. I mean if they couldn't meaningfully ...

Just a friendly reminder that weekend gaps do not trigger stop losses. If price gaps down 500 pips and your stop loss is only 50 pips. You will lose 500 pips at market open. Same thing applies to profit targets. I will take a short position before ...

Who else is long from here at .97 for like a reversal move up to the weekly trendline at 1.05?

USD also gains during economic turmoil. I think if the UK economy collapses, the dollar would sky rocket as everyone would flock to it. Also, if China's real estate bubble popped, that would also strengthen the dollar.

The UK government is banking on the fact that lower taxes would spurred more economic growth and investment from abroad but stability is also an important factor in spurring investment as well. If a cruise ship is sinking and you're offering free ...

I just shorted UJ at 144.70 with 40 pip SL. If it breaks out, I lose 40 pips. If BOJ intervenes, I get 10x profit. Insane risk to reward ratio. I don't know who would still buy UJ with the risk of intervention hanging over the pair. Intervention ...

U/J is overdue for a substantial retracement anyways. I think this intervention might just jump start that retracement.

Well, looks like easy money. I'm going to hold short until 110. We might just see that in one day if all the big institutions start to panic unwind like back in 1998 two months after the BOJ intervened.