USD/JPY Discussion | Page 1163 | 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

  • #23,241
  • Mar 17, 2011 12:59am Mar 17, 2011 12:59am
i would like to know too, i dont think it can be repatriation.

Quoting amarfx
What was the highest registered spread across JPY based pairs yesterday? any one have idea on this?
  • #23,242
  • Mar 17, 2011 12:59am Mar 17, 2011 12:59am
Quoting tankokjian
the margin u set is so conservative , my account is only 1000 and , per pips i trade is about 3$ . i am a crocodile waiting amist the deep water for any big movement , then i will subdue the prey. fprex is my full time and i will need about 60-pips profit per day = 180$ to maintain my monthly expenses.
udont get it his method proposes a no loss strategy while urs isnt. however i may be wrong but i think the lower it goes the more one pip is worth so its not a linear equation and not reallly worth persuing that strategy
  • #23,243
  • Mar 17, 2011 1:00am Mar 17, 2011 1:00am
From my broker feed-

"japan trade minister to hold emergency press conf at 615 GMT"
Twitter: @TrendersGame
  • #23,244
  • Mar 17, 2011 1:02am Mar 17, 2011 1:02am
Quoting amarfx
What was the highest registered spread across JPY based pairs yesterday? any one have idea on this?
I heard someone say 100 pips. Highest I saw was 30. I took a buy at 77.48 with 18 pip spread. Highest I've ever paid (willing to pay rather) on this pair.
  • #23,245
  • Mar 17, 2011 1:09am Mar 17, 2011 1:09am
Quoting sidhujag
udont get it his method proposes a no loss strategy while urs isnt. however i may be wrong but i think the lower it goes the more one pip is worth so its not a linear equation and not reallly worth persuing that strategy
Exactly the point I was suggesting. I probably won't trade it as I described, but for simplicities sake I kept it easy. I would probably load a one-tenth of a percent for every 100 pips against me (yes average down, but super conservative) to curb opportunity cost (aka time) and pip value progression.
  • #23,246
  • Mar 17, 2011 1:27am Mar 17, 2011 1:27am
Quoting 2+2=4ex
I heard someone say 100 pips. Highest I saw was 30. I took a buy at 77.48 with 18 pip spread. Highest I've ever paid (willing to pay rather) on this pair.
I noticed around 36 < > 40+ but not sure what about other ecn cases, so i am just trying to confirm with other partners

If some one provides little more exact high spread registered it will be useful for me

USDJPY
GBPJPY
AUDJPY if provided specifically it will be much helpful.
  • #23,247
  • Mar 17, 2011 2:22am Mar 17, 2011 2:22am
thanks, maybe i need to read more on money management. any one has the answer to the 400pips south ?


Quoting 2+2=4ex
Exactly the point I was suggesting. I probably won't trade it as I described, but for simplicities sake I kept it easy. I would probably load a one-tenth of a percent for every 100 pips against me (yes average down, but super conservative) to curb opportunity cost (aka time) and pip value progression.
  • #23,248
  • Mar 17, 2011 2:28am Mar 17, 2011 2:28am
this forex is trying to trick everyone .........
USD/JPY suppose to be going up, but because many big GUYS will buy,
so the market trying to manipulate down it first to make people doubt that it's dropping and making confusion in the market, they are very smart but it's ridiculous , Japan earthquake means Japan economic going great? it's no logic.
I think they are doing stop loss hunting for many people who trade long term. for those who trade swing trade could have much profits but it's mentally sick.
  • #23,249
  • Mar 17, 2011 2:41am Mar 17, 2011 2:41am
Quoting simonsmart
this forex is trying to trick everyone .........
USD/JPY suppose to be going up, but because many big GUYS will buy,
so the market trying to manipulate down it first to make people doubt that it's dropping and making confusion in the market, they are very smart but it's ridiculous , Japan earthquake means Japan economic going great? it's no logic.
I think they are doing stop loss hunting for many people who trade long term. for those who trade swing trade could have much profits but it's mentally sick.
yeah. still waiting for market reversal.. was there a high volatility back in 1995 too?
  • #23,250
  • Mar 17, 2011 2:42am Mar 17, 2011 2:42am
Quoting simonsmart
this forex is trying to trick everyone .........
USD/JPY suppose to be going up, but because many big GUYS will buy,
so the market trying to manipulate down it first to make people doubt that it's dropping and making confusion in the market, they are very smart but it's ridiculous , Japan earthquake means Japan economic going great? it's no logic.
I think they are doing stop loss hunting for many people who trade long term. for those who trade swing trade could have much profits but it's mentally sick.
Three things.
1. The USDX is dropping still this morning.
2. The Yen index is still climbing this morning after last nights noise.
3. People trying to predict the future and buying just because they 'think' USD/JPY should rise and adding liquidity for the sellers to soak up.

USDX M15
Attached Image (click to enlarge)
Click to Enlarge Name: usdx1.png Size: 103 KB


Yen Futures H1
Attached Image (click to enlarge)
Click to Enlarge Name: jpy1.png Size: 308 KB
  • #23,251
  • Mar 17, 2011 2:58am Mar 17, 2011 2:58am
hmmmm , chart is all n all
Quoting maanawi
this is my view for UJ for weekly, breaking the lower trend line will drive it to 76.70
on H4 some major trend lines.
  • #23,252
  • Mar 17, 2011 3:49am Mar 17, 2011 3:49am
Japan's economy minister Yosano says JPY's rise can absorb negative effect of higher oil prices.
  • #23,253
  • Mar 17, 2011 4:15am Mar 17, 2011 4:15am
Quoting fosking
Japan's economy minister Yosano says JPY's rise can absorb negative effect of higher oil prices.
Earlier oh.........

'Japan Trade Minister Kaieda: Very worried about rise in yen'
Doing what you like is Freedom. Liking what you do is Happiness.
  • #23,254
  • Mar 17, 2011 4:26am Mar 17, 2011 4:26am
Quoting realjumper
Earlier oh.........

'Japan Trade Minister Kaieda: Very worried about rise in yen'
Whatever, no serious (succesfull) attempts to halt it's rise, one could argue about a bull flag, but looking at USDX and UJ's PA I think the recovery is just a retrace towards 79.75 and we are now waiting for the next down-leg.
No position yet, but it could change

M15:
Attached Image (click to enlarge)
Click to Enlarge Name: Picture0007.jpg Size: 71 KB
Don't be a hero. Don't have an ego. Always question yourself
  • #23,255
  • Mar 17, 2011 4:48am Mar 17, 2011 4:48am
Quoting USD-Bear
Whatever, no serious (succesfull) attempts to halt it's rise, one could argue about a bull flag, but looking at USDX and UJ's PA I think the recovery is just a retrace towards 79.75 and we are now waiting for the next down-leg.
No position yet, but it could change

M15:
Attachment
Yep same chart, took a small short a bit ago at 79.03.
Yen index still climbing and the USDX is helping out by breaking through support.

USD/JPY M15
Attached Image (click to enlarge)
Click to Enlarge Name: jpy2.png Size: 93 KB


Yen Futures M5
Attached Image (click to enlarge)
Click to Enlarge Name: jpy3.png Size: 231 KB


USDX M15
Attached Image (click to enlarge)
Click to Enlarge Name: usdx2.png Size: 112 KB
  • #23,256
  • Mar 17, 2011 4:57am Mar 17, 2011 4:57am
[quote=fosking;4478908]Yep same chart, took a small short a bit ago at 79.03.

Looks good
Don't be a hero. Don't have an ego. Always question yourself
  • #23,257
  • Mar 17, 2011 5:00am Mar 17, 2011 5:00am
Quoting USD-Bear

Looks good
Just need to see a break of 78.60 to accelerate the losses
  • #23,258
  • Mar 17, 2011 5:04am Mar 17, 2011 5:04am
Hitting resistance on Yen index at 12.72.

Yen Futures M5
Attached Image (click to enlarge)
Click to Enlarge Name: jpy4.png Size: 237 KB
  • #23,259
  • Mar 17, 2011 5:11am Mar 17, 2011 5:11am
Japan Upper House chief: Should temporarily close Tokyo stock, forex markets to prevent turmoil – Kyodo

I don't imagine that Japan would close the FX market, but if they did, what happens to any positions that may be open at the time?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #23,260
  • Mar 17, 2011 5:14am Mar 17, 2011 5:14am
the main problem is, why japan yen is rising after the earthquake, why not before? that's why because forex want to hunt more people.
29 traders viewing now