USD/JPY Discussion

Will it continue to drop or will it bounce back up ???

I found a low R/R trade and I am going long on the greenback despite its weakness.

Trendline support nearby 107.00/106.90 if usdjpy closed below this, call for a move out-of-range towards sub 105.

Currently i went long, stoploss on close below later trendline support.
It looks scary though

Me too, LONG

It looks heavy, 107 is not attracting bulls umm? Looks like when eurusd goes down, eurjpy does, and usdjpy goes down..and the same if usd weakens lol

yup .... keeping my fingers crossed ...

Bounces for now, but light volumes.. its near the lows. I will be back in a few hours when volatilty comes

here is the trade i took last evening. shorted @ 107.74 and boy 80 pips tp hit.
BK

I hope the US session will bring the USD back up ...

Today is Bernankes day. Will be hard to stay up

should this be heading the other way lol?

http://img168.imageshack.us/img168/1019/usdjpyjs5.jpg

Is it time to short?

I stopped out when it closed below TL. Do not play with fire now, it might bottom at 105 for the next rally but I am not going long. I will be shorting if it rallied near 110.

The dollar is taking severe beating across the board ... I hope it fights back ...

It fights back or not, just want it to move, so I can get another trade heh

My trades are already in, and I'm wagering on the dollar ... so far i'm losing ....

I went long after it bounced off 105.90 wishing for a quick trade here..gl

I can't wait for the dollar to get back in the 107 range. I'll be a happy camper.

Are you in my boat? LOL

Same here ... until then, my ass remains in the hole ...

anyone know how the japan news released today turned out?