USD/JPY Discussion | Page 972 | 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

  • #19,421
  • Oct 4, 2010 7:23pm Oct 4, 2010 7:23pm
Indeed, lets see how it works out for the USD in the future now that China said that they want a stable euro and will buy euro zone bonds ? The Chinese had more then enough of "big brother USA" it seems.
Enter Signature
  • #19,422
  • Oct 4, 2010 7:30pm Oct 4, 2010 7:30pm
Quoting johninthai
Indeed, lets see how it works out for the USD in the future now that China said that they want a stable euro and will buy euro zone bonds ? The Chinese had more then enough of "big brother USA" it seems.
To be tired of a "big brother USA" is like bitting a giving hand. Fatigue is not for business. Plus, to think China is buying Eurobonds for the sake of stable euro is too naive. They just want to gain more political power in that area.
  • #19,423
  • Oct 4, 2010 7:35pm Oct 4, 2010 7:35pm
Quoting jp09
head and shoulders on the 1H
I see the three white soldires on 1 HOUR Chart...
  • #19,424
  • Oct 4, 2010 7:36pm Oct 4, 2010 7:36pm
Indeed and I do not see anything wrong with that !
Enter Signature
  • #19,425
  • Oct 4, 2010 7:36pm Oct 4, 2010 7:36pm
Quoting pipsbull
To be tired of a "big brother USA" is like bitting a giving hand. Fatigue is not for business. Plus, to think China is buying Eurobonds for the sake of stable euro is too naive. They just want to gain more political power in that area.
Anyway, nice bullish flag on 5min. Will see 83.8 sooner than DP. At least that's when I'm covering.
  • #19,426
  • Oct 4, 2010 7:39pm Oct 4, 2010 7:39pm
My UY trades are longer term trades, scalping is for EU and GU but thanks for pointing it out. Wanna see the reaction later today after BOJ monetary policy statement.
Enter Signature
  • #19,427
  • Oct 4, 2010 8:18pm Oct 4, 2010 8:18pm
  •  jaboo
  • | Joined Dec 2009 | Status: Ray Comfort is....the banana man | 236 Posts
popped a small short at 83.57
  • #19,428
  • Oct 4, 2010 8:23pm Oct 4, 2010 8:23pm
I'm not trading the yen now, but you guys should read this if you haven't already
  • #19,429
  • Oct 4, 2010 8:51pm Oct 4, 2010 8:51pm
Quoting ocmsrzr
I'm not trading the yen now, but you guys should read this if you haven't already
Interesting article...thanks for posting. I'm not sure that I agree with govts getting too involved in central banks affairs, but I do agree that Japan *should* do whatever it deems neccessary to drop the Yen, regardless of what Obama, Trichet, Miliband et al say. Those clowns don't live in Japan, so they ought to keep it in their pants....and zip it up!!!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #19,430
  • Oct 4, 2010 9:28pm Oct 4, 2010 9:28pm
Quoting realjumper
Interesting article...thanks for posting. I'm not sure that I agree with govts getting too involved in central banks affairs, but I do agree that Japan *should* do whatever it deems neccessary to drop the Yen, regardless of what Obama, Trichet, Miliband et al say. Those clowns don't live in Japan, so they ought to keep it in their pants....and zip it up!!!!
haha
  • #19,431
  • Oct 4, 2010 9:58pm Oct 4, 2010 9:58pm
Quoting pres78
BOJ press conference some time Tuesday. Will they intervene after if we are still sitting close to 83? Just the press conference itself could cause some spikes.
Here is my $0.02. After searching for possible intervention price levels, I found one article (reuters?) where a Japanese minister let slip at a news conference that 82 was their intervention level (I didn't keep the link so you'll have to search). Presumably last time a daily close below 83 was the intervention level, and so a daily close below 82 would trigger intervention by my interpretation on the Japanese open as before. Do your own homework and GL!
  • #19,432
  • Oct 4, 2010 11:50pm Oct 4, 2010 11:50pm
Well that was a huge jump lol, making some $
  • #19,433
  • Oct 4, 2010 11:57pm Oct 4, 2010 11:57pm
That was quick money.. now shorting this puppy at 83.8
  • #19,434
  • Oct 5, 2010 12:07am Oct 5, 2010 12:07am
a bullish spike?
just temporary as usual???
  • #19,435
  • Oct 5, 2010 12:40am Oct 5, 2010 12:40am
Quoting iezzzwan
That was quick money.. now shorting this puppy at 83.8
Why stand in front of a freight train?
  • #19,436
  • Oct 5, 2010 12:41am Oct 5, 2010 12:41am
As expected.... they slashed rates from 0.10% to 0.0-0.01%

This will place severe downward pressure on the yen.

Seems the lemmings finally got their wish.
  • #19,437
  • Oct 5, 2010 1:55am Oct 5, 2010 1:55am
Yea, well lets hope UJ is on the up now.
  • #19,438
  • Oct 5, 2010 2:59am Oct 5, 2010 2:59am
It was quitely clear that BOJ can not do anything.
Kawaisona BOJ.
  • #19,439
  • Oct 5, 2010 2:59am Oct 5, 2010 2:59am
pers conference is held, and nothing significant happen
the USD/JPY drop to 83.5x again.
  • #19,440
  • Oct 5, 2010 3:08am Oct 5, 2010 3:08am
Well, guess I'll be on the short USD/YEN side now, the Japs just don't have the power to decrease the strength of their currency
Enter Signature
36 traders viewing now