USD/JPY Discussion | Page 4308 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

USD/JPY

Similar Threads

USD/JPY Discussion 12 replies

NZD/JPY Discussion 12 replies

long eur/jpy, gbp/jpy, usd/jpy 11 replies

EUR/USD Bollinger Band Discussion 3 replies

Suidster's GBP/JPY Discussion 19 replies

Attachments: USD/JPY Discussion
Exit Attachments

USD/JPY Discussion

  • #86,141
  • Oct 20, 2022 12:25am Oct 20, 2022 12:25am
Many short at 150 with tight stop loss and hoping it will go down and make big money. They didnt know that, the pricie is keep going up hunting their stop setting.
  • #86,142
  • Oct 20, 2022 2:44am Oct 20, 2022 2:44am
I think some people taking profit at 150, because possible intervention and adding position again later. Maybe
  • #86,143
  • Oct 20, 2022 2:58am Oct 20, 2022 2:58am
Quoting Geriliel
I think some people taking profit at 150, because possible intervention and adding position again later. Maybe
https://www.fxstreet.com/news/japans...s-202210200833

The above news came out this morning
Please join me in my journey for 100 perfect trades. See my journal!
  • #86,144
  • Oct 20, 2022 4:08am Oct 20, 2022 4:08am
Nice. Happened on a thursday @ 3:15am Est. Just as it did on Sept. 22, and just above the level as it did. Verbal interventions don't do much, but allow us a dip to buy!
Don't compare your trades to others. Most often the masses are the asses
  • #86,145
  • Oct 20, 2022 6:56am Oct 20, 2022 6:56am
i decided to sell from 149.8. stop above 150.3, target profit is open
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY_2022-10-20_09-56-40.png Size: 31 KB
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #86,146
  • Oct 20, 2022 11:07am Oct 20, 2022 11:07am
Quoting ForexGoose
i decided to sell from 149.8. stop above 150.3, target profit is open {image}

Return to the Darkside. ABC three legs down is a continuation pattern
Don't compare your trades to others. Most often the masses are the asses
  • #86,147
  • Oct 20, 2022 12:32pm Oct 20, 2022 12:32pm
150.6 next stop. It will be blown though. Buying Oct... Selling Nov, then Buying Dec. if the retracement is done. Otherwise Jan.
Don't compare your trades to others. Most often the masses are the asses
  • #86,148
  • Oct 20, 2022 2:13pm Oct 20, 2022 2:13pm
Maybe there will be intervention again today
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #86,149
  • Oct 20, 2022 3:26pm Oct 20, 2022 3:26pm
intervention seems like a smokeshow, them taking action has been an assumption/fear for retail traders
If they take action, like last time, should see price run up prior to the dump
Current price action is retracement, so I see it heading higher still

Lots of good buys in recent weeks, probably need a rate hike in jpy before anything changes
its just a script. join the club
  • #86,150
  • Oct 20, 2022 3:42pm Oct 20, 2022 3:42pm
Intervention are temporary won't help in long run
Blank and Empty
  • #86,151
  • Oct 21, 2022 3:40am Oct 21, 2022 3:40am
Quoting Dzap
intervention seems like a smokeshow, them taking action has been an assumption/fear for retail traders If they take action, like last time, should see price run up prior to the dump Current price action is retracement, so I see it heading higher still Lots of good buys in recent weeks, probably need a rate hike in jpy before anything changes

I don't think they are going to intervene. At least not yet. 165-170 is what I believe to be the intervention target. For now BOJ has an ally in the FED who through the raising of rates (Nov 4 is rumored to be a 75 point raise) will curtail the Dollar. These recent dips were on the mention of intervention I see us moving up until oh say next Tuesday at which point a 4hr range will appear with selling on the 27th (PM EST), buying on the 28th, and crashing on the 31, continuing through FOMC and the month of Nov. This is all speculation of course, but the tell tale sign will appear on the 27th.
Don't compare your trades to others. Most often the masses are the asses
  • #86,152
  • Oct 21, 2022 5:57am Oct 21, 2022 5:57am
Hah!! Where is Suzuki and Kishida now!
  • #86,153
  • Oct 21, 2022 5:58am Oct 21, 2022 5:58am
Quoting PriceisKing
Hah!! Where is Suzuki and Kishida now!
Aw, seems they are awake! Nice move
  • #86,154
  • Oct 21, 2022 6:01am Oct 21, 2022 6:01am
the 1 minute chart looks crazy
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY_2022-10-21_09-01-23.png Size: 31 KB
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #86,155
  • Oct 21, 2022 6:04am Oct 21, 2022 6:04am
definitely not BOJ. All other JPY pair are up (AUDJPY, EURJPY, etc). Someone is dumping USD
  • #86,156
  • Oct 21, 2022 6:12am Oct 21, 2022 6:12am
Would it be possible for someone to let me know what has happened for this spike to occur?
  • #86,157
  • Oct 21, 2022 7:07am Oct 21, 2022 7:07am
Quoting Jspam
Would it be possible for someone to let me know what has happened for this spike to occur?
algorithms by big banks and likely because of the following article

https://www.cnbc.com/2022/10/20/nasd...of-losses.html
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #86,158
  • Oct 21, 2022 7:40am Oct 21, 2022 7:40am
here we go
  • #86,159
  • Oct 21, 2022 7:47am Oct 21, 2022 7:47am
500 pips spike down last time. I hope we get 500 pips again. Looking for 147.
  • #86,160
  • Oct 21, 2022 7:51am Oct 21, 2022 7:51am
Quoting Vincent1
151 is the key
Bears are there
As expected, 151 worked quite well

I remember that even in its interventions between 2012 and 2015, BOJ, when it intervened, did so on the basis of some technical analysis patterns.

If the intervention of the BOJ is confirmed in the next few hours, I would not be surprised. 151 in recent weeks has become an excellent technical target to sell also from technical side
79 traders viewing now