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  • #285,121
  • Aug 24, 2010 2:51am Aug 24, 2010 2:51am
JPY wants intervention. Traders are more careful of it, that's why a bit hesitation to go.
You cannot learn better without losing
  • #285,122
  • Aug 24, 2010 2:55am Aug 24, 2010 2:55am
Quoting mfoste1
dunno.....basically yen longs put out their calling card by pushing yen farther in the last 24 hrs.......thats why noda called this impromptu meeting....boj needs to say something otherwise yen longs will keep hammering away. Lets see what he says.

ok, i said this earlier in the uj thread......this meeting was again delayed until 8:00 gmt, they keep delaying these meetings showing that they are unprepared and unsure of what to do.
  • #285,123
  • Aug 24, 2010 2:55am Aug 24, 2010 2:55am
A/U also testing key support..
Attached Image (click to enlarge)
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Look Sharp/Trade Tight
  • #285,124
  • Aug 24, 2010 2:57am Aug 24, 2010 2:57am
Quoting mfoste1
things could get volatile, be careful meeting is starting now.......http://www.reuters.com/article/idUSTKU10621120100824
News message h3 { font-size:14px; } p { font-size:12px; } Japanese Fin Min [NODA]'s news conference has been put back to around 0800gmt according to the MoF (Reuters).
those who can, do. those who cant, talk about those who can
  • #285,125
  • Aug 24, 2010 2:58am Aug 24, 2010 2:58am
It wants to break
  • #285,126
  • Aug 24, 2010 2:58am Aug 24, 2010 2:58am
Quoting PayTheLimit
This two bar combo is a little concerning....although the bounce out of the teens is feeling weak
it's testing the lows still. it may sill drop.. give it some time to think and play its self out.

key north play .2623
  • #285,127
  • Aug 24, 2010 3:00am Aug 24, 2010 3:00am
Quoting gatorinla
News message h3 { font-size:14px; } p { font-size:12px; } Japanese Fin Min [NODA]'s news conference has been put back to around 0800gmt according to the MoF (Reuters).
The news is already out....they know what they are going to do.....they are just delaying the release of what they are going to say and do so they can tell all their friends how to get positioned for the upcoming move!!!!!

Just my opionon!
I don't trust any move - when you have profit...take it.
  • #285,128
  • Aug 24, 2010 3:01am Aug 24, 2010 3:01am
Quoting mfoste1
ok, i said this earlier in the uj thread......this meeting was again delayed until 8:00 gmt, they keep delaying these meetings showing that they are unprepared and unsure of what to do.
I reckon they are shoveling stacks of JPY which will be sold soon!
  • #285,129
  • Aug 24, 2010 3:02am Aug 24, 2010 3:02am
I'm not happy with this stall in the teens, not suprising though. My hourly turned down so I'm staying short. TP..other side of even
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  • #285,130
  • Aug 24, 2010 3:03am Aug 24, 2010 3:03am
Quoting mfoste1
ok, i said this earlier in the uj thread......this meeting was again delayed until 8:00 gmt, they keep delaying these meetings showing that they are unprepared and unsure of what to do.

nothing new.......they dont have a plan

nekkei, sp futures falling
  • #285,131
  • Aug 24, 2010 3:04am Aug 24, 2010 3:04am
Quoting PayTheLimit
I'm not happy with this stall in the teens, not suprising though. My hourly turned down so I'm staying short. TP..other side of even
It is interesting....I see divergence on the macd on the 15min chart....I also see a nice bounce off support on oil.....next 15 - 30 mins will tell alot.....
I don't trust any move - when you have profit...take it.
  • #285,132
  • Aug 24, 2010 3:04am Aug 24, 2010 3:04am
looks like someone just got filled on some e/c...
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  • #285,133
  • Aug 24, 2010 3:04am Aug 24, 2010 3:04am
Quoting mfoste1
nothing new.......they dont have a plan
Where do you watch/read the the results of this meeting ?
  • #285,134
  • Aug 24, 2010 3:06am Aug 24, 2010 3:06am
Quoting ak4x
Nonsense... they're still running this thread and the UJ thread thru Google Translator to find out what to do...
Pff
those guys are rich enough to afford a translator on hand to read the threads to them
  • #285,135
  • Aug 24, 2010 3:07am Aug 24, 2010 3:07am
Quoting Sunsi
Where do you watch/read the the results of this meeting ?

I don't have any news feeds....but I will read it on my charts........
I don't trust any move - when you have profit...take it.
  • #285,136
  • Aug 24, 2010 3:07am Aug 24, 2010 3:07am
Quoting Sunsi
Where do you watch/read the the results of this meeting ?

courtesy of gerry davies.......http://www.forexlive.com/127148/all/...arly-one-sided
  • #285,137
  • Aug 24, 2010 3:08am Aug 24, 2010 3:08am
Quoting ak4x
Nonsense... they're still running this thread and the UJ thread thru Google Translator to find out what to do...

  • #285,138
  • Aug 24, 2010 3:11am Aug 24, 2010 3:11am
short USD/JPY @ 84.69 for something under 84.00. Anyone else is taking this route?
  • #285,139
  • Aug 24, 2010 3:12am Aug 24, 2010 3:12am
Still finding buyers ahead of 00/10...e/c just took a dive
Look Sharp/Trade Tight
  • #285,140
  • Aug 24, 2010 3:12am Aug 24, 2010 3:12am
If u take a look at this chart, u can see a possible outlook on EU. 38.2 being the last defence line of bulls ( around 2560 ) before EU takes a dive to 2000 and below. 23.6 will possibly be ignored

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