yes yes yes
Cable Update (GBPUSD)
- #698,884
- Oct 20, 2022 2:27pm Oct 20, 2022 2:27pm
- Joined Jul 2007 | Status: Trader | 17,796 Posts
COT: The precious data ignored
- #698,886
- Oct 20, 2022 2:30pm Oct 20, 2022 2:30pm
- Joined Aug 2022 | Status: Trader | 4,859 Posts
{quote} lol yes, i don't know if it was funny or pathetic seeing that, can't believe he won the US election. Americans are that dumb ? Dude is a clown, he should be in a show.
- #698,889
- Oct 20, 2022 2:33pm Oct 20, 2022 2:33pm
- Joined Jul 2007 | Status: Trader | 17,796 Posts
COT: The precious data ignored
- #698,891
- Oct 20, 2022 2:42pm Oct 20, 2022 2:42pm
- Joined Jan 2015 | Status: Never underestimate value of an pip | 4,677 Posts
- #698,892
- Oct 20, 2022 2:43pm Oct 20, 2022 2:43pm
- Joined Jul 2007 | Status: Trader | 17,796 Posts
COT: The precious data ignored
- #698,893
- Oct 20, 2022 2:48pm Oct 20, 2022 2:48pm
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
USD JPY
USDJPY has breached 150 for the first time in 32 years.
BOJ intervention at a boiling point ? The BoJ had intervened before (approx $18 billion) and the government doesn’t always announce intervention.
US10Y rising at the same time.
This is not speculation but sound trading on (rate) fundamentals.
Let's see of MoF/BoJ dare to risk another intervention fiasco when Japan opens.
FX intervention will not stop JPY from falling.
What will stop the JPY from weakening is a change in the Bank of Japan's monetary policy or a change in all other G10 central banks.
If BOJ ditch the YCC next week there will be wrecking
USDJPY now is lingering at 150 level.
Lot of option strikes at the level, which have another week or so to roll off, so we’d expect the level to be “noisy” but once we break it we should see a swift rally.
Without YCC, we may see 177-180 no matter intervention. 
USDJPY has breached 150 for the first time in 32 years.
BOJ intervention at a boiling point ? The BoJ had intervened before (approx $18 billion) and the government doesn’t always announce intervention.
US10Y rising at the same time.
This is not speculation but sound trading on (rate) fundamentals.
Let's see of MoF/BoJ dare to risk another intervention fiasco when Japan opens.
FX intervention will not stop JPY from falling.
What will stop the JPY from weakening is a change in the Bank of Japan's monetary policy or a change in all other G10 central banks.
If BOJ ditch the YCC next week there will be wrecking
USDJPY now is lingering at 150 level.
Lot of option strikes at the level, which have another week or so to roll off, so we’d expect the level to be “noisy” but once we break it we should see a swift rally.
Without YCC, we may see 177-180 no matter intervention.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
- #698,894
- Oct 20, 2022 2:48pm Oct 20, 2022 2:48pm
- Joined Jan 2015 | Status: Never underestimate value of an pip | 4,677 Posts
{quote} I want a reevaluation of the word dumb when i compare it to Biden
- #698,895
- Oct 20, 2022 2:51pm Oct 20, 2022 2:51pm
- Joined Jan 2015 | Status: Never underestimate value of an pip | 4,677 Posts
- #698,896
- Oct 20, 2022 2:52pm Oct 20, 2022 2:52pm
- Joined Aug 2022 | Status: Trader | 4,859 Posts
USD JPY USDJPY has breached 150 for the first time in 32 years.
How about a Pat thread or putting this on the USDJPY thread.
Personally I like the Pat thread idea.
- #698,897
- Oct 20, 2022 3:04pm Oct 20, 2022 3:04pm
- Joined Dec 2017 | Status: Trader | 30,688 Posts
not enough volume
tomorrow i will kick ass
tomorrow i will kick ass
yes yes yes
{quote} The simple reason is that those countries are usually too small in population. This earth would always have the good, bad and ugly ones. Leadership is needed. Please name one country with up to 100 million people without a strong leader who is visible and obvious to the people.
Truss was bad leader, okay, but she unleashed that wild price swing on Sterling, never seen before in history. May be other than Brexit and Black Wednesday. Other than that, we return to central bankers for their monetary policy actions. Let's say, BOE raises by 100 bps next MPC meeting, that may generate some volatility.
- #698,899
- Oct 20, 2022 3:10pm Oct 20, 2022 3:10pm
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
{quote} Pat as always great presentation. How about a Pat thread or putting this on the USDJPY thread. Personally I like the Pat thread idea.
Since I use only Support & Resistance..... the very basic of Technical Analysis.
If I stay in this thread, I can learn from many many expert traders with well advance strategy.
So I hang around and hope to copy trade signal from time to time....
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
- #698,900
- Oct 20, 2022 3:14pm Oct 20, 2022 3:14pm
USD JPY USDJPY has breached 150 for the first time in 32 years.
, BOJ can make something tommorow, the price already touch daily channel... Maybe could be good idea watching before 2 -1 hour before close Tokyo session, usually they manipulate price before close... or they will not do anything and will be something like 155
