Hey people! There are some reports coming out marked with orange and red on 25 (soon). What do you think about it? Who's gonna trade it? Any recommendations?
Tonight Japan CPI Trade 2 replies
CPI News 6 replies
CPI and Core CPI 20 replies
DislikedIt will defintely move the JPY (sideways).
Bet 50% equity on EURJPY; straddle +20, -20 and hope to catch any movement outside 10 pip range.Ignored
DislikedSorry for stupid questions, or maybe "non-native-english-speaker" question...
What do you guys mean by "straddle"? Is that an amount of of MOVEMENT up/down you mean or the distance from current price before the news come out you suggest to put buy/sell stops?
DislikedIf that number comes out higher then expected, watch the eur/jpy fall off a cliff...Ignored
DislikedBOJ will make sure those numbers aren't higher then expected, at least not yet.. but sooner or later will get a repeat of Dec 13/05 (gbp/jpy).Ignored
DislikedOnce again, you all have 0 idea where the price is going to go. All the analyst remarks and predictions don't mean a thing. How can you know where the price is going to go when the price itself doesn't even know?Ignored