USD/JPY Discussion

Just posted a low at 118.25, 10 pips above S3.

How low can we go? Closed most of my shorts WAY too early.

G-Man

All bets are off!
Hell I take a drive and this happens....

I didn't even dare to go in at 61, which I had a signal....

Just closed my last short at 115.22 for 42 pips. Only a small trade though.

G-Man

S3 11517 just crossed!!

Well, it did go to the 17..... Now we are getting into the 1906 area.... that was the year...... when it was fun.....

is anyone else looking at a 113.00 move?

Needless to say, it is still down...... But, we will go into consolidation and then be waiting for the dollar to come in.

I'm not..... The $'s not that stupid.

Moving any further down from here... woah.. dont want to imagine what its gonna do to the Equity Markets...

The domino affect is already in the works...

Can imagine, the small players with Buys on the longer time frames, running their stops like crazy...

What's next, hmmm....
I feel a lot better even thou I didn't catch much of the recent gigantic down move, coz we could all be in far worse situations..

it is not the intelligence of the $ I am thinking about. It is the fall of the carry trade.

Wow...we are at the freakin' March lows!!!

Moving toward weekly S3 11450, the low as at now is 11463.

March? At the rate its going... man...

I'm Stunned!!

WTF

G-Man

someone better do something!

10:23 USD/JPY: New 2007 Lows Below 115.20 As Pressures Build Again London, August 16. Another significant of carry trade unwinding and the funding currencies take a big step higher. USD/JPY has cleared away Japanese bids in the 115.50-55 and 115.30 area to reach lows approaching 115.10. Option barriers are touted at both 115.00 and 114.75 and these might save the Dollar from further embarrassment, at least on this initial test. We are now looking at 115.15 and 114.75 support points. [email protected]


this from dailyfx+ that is why i ask if anyone else sees a 113.00 move.

sorry mate but 113 is on the books

Ooooh look like there is no more support. Now is below 11400.

120 pips in 6 minutes!!!!!

G-Man