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USD/JPY Discussion

  • #24,981
  • Jul 25, 2011 9:35pm Jul 25, 2011 9:35pm
Quoting KillerWhale
Took this one out with + 1 pip and re-entered @ 78.23
Target reached on the spike (thank god) @ 78.60
Now what?
Probably waiting till 78.00 to go long again!!

Shamu
New voice message: Why are you calling me? If I need you, I'll call you!
  • #24,982
  • Jul 25, 2011 9:39pm Jul 25, 2011 9:39pm
Quoting KillerWhale
Target reached on the spike (thank god) @ 78.60
Now what?
Probably waiting till 78.00 to go long again!!

Shamu
Some shorts just got their stops run, big fishys swimming around these levels.
  • #24,983
  • Jul 25, 2011 9:41pm Jul 25, 2011 9:41pm
I love Noda. Easy 40 pips everytime. He is the man.
  • #24,984
  • Jul 25, 2011 9:45pm Jul 25, 2011 9:45pm
Quoting Amanda2
I love Noda. Easy 40 pips everytime. He is the man.
from dailyfx:

$JPY FinMin NODA: He isn't aware of recent currency moves
  • #24,985
  • Jul 25, 2011 10:01pm Jul 25, 2011 10:01pm
Fallen back below 78.30 again...weak USD....its gonna
test the historical low for sure....
  • #24,986
  • Jul 25, 2011 10:49pm Jul 25, 2011 10:49pm
Dare I hope for another mysterious spike when it hits 78.00? I guess fate should not be tempted twice. This is it for me today, till it hits 77.80.
  • #24,987
  • Jul 25, 2011 10:58pm Jul 25, 2011 10:58pm
Rumors: Noda was sleeping when spike occured.
  • #24,988
  • Edited 2:07am Jul 26, 2011 1:36am | Edited 2:07am
I did enter a long @ 78 but I'm not gonna hold it long, just a few pips and OUT

Yes 4 pips and out.

And now waiting for parity 1$ = 1YEN
New voice message: Why are you calling me? If I need you, I'll call you!
  • #24,989
  • Jul 26, 2011 2:39am Jul 26, 2011 2:39am
i played a different way in such markets, my risk ratio is about 1 : 10 with trailing stop. as we seen today the chart can go up heaven or hell, this ensure me i can get the most out of the spike either way.
  • #24,990
  • Jul 26, 2011 3:33am Jul 26, 2011 3:33am
More likely to the downside....its gonna try for the plunge....
to test the 76.00 level....
  • #24,991
  • Jul 26, 2011 7:50am Jul 26, 2011 7:50am
Both euro and $ has its own problems...

Is yen the safe currency, which appreciates over time... ?

Inspite of the early spike, yen is about to break 78
  • #24,992
  • Jul 26, 2011 8:34am Jul 26, 2011 8:34am
There's no reason to buy dollars now....a retest
of the historical low 76.00 will be needed before the
eventual rise to 85.00...
  • #24,993
  • Jul 26, 2011 9:38am Jul 26, 2011 9:38am
Quoting Demon Bane
There's no reason to buy dollars now....a retest
of the historical low 76.00 will be needed before the
eventual rise to 85.00...
well the first historical low was printed because of the tsunami and damage done by nuclear reactors melting down,because millions gonna be needed to rebuild the economy,and recently japan declared that it gonna invest billions of USD dollars to do that
  • #24,994
  • Jul 26, 2011 2:31pm Jul 26, 2011 2:31pm
someone wake Noda up... quick....

we may see another flash crash after NY close.... UJ loves getting grilled after the NY roll for some weird reason
  • #24,995
  • Jul 26, 2011 2:40pm Jul 26, 2011 2:40pm
Quoting Wulfgar
someone wake Noda up... quick....

we may see another flash crash after NY close.... UJ loves getting grilled after the NY roll for some weird reason
what?
Noda never sleeps!!! :-)
  • #24,996
  • Jul 26, 2011 3:33pm Jul 26, 2011 3:33pm
Waiting for the spike up, I'm long @ 0.7797 since a few hours
New voice message: Why are you calling me? If I need you, I'll call you!
  • #24,997
  • Jul 26, 2011 3:36pm Jul 26, 2011 3:36pm
something tells me we'll see 7525 before 7850....
  • #24,998
  • Jul 26, 2011 4:10pm Jul 26, 2011 4:10pm
if anyone wants to make Noda crap his shorts now is the time....
  • #24,999
  • Jul 26, 2011 4:11pm Jul 26, 2011 4:11pm
Quoting Wulfgar
if anyone wants to make Noda crap his shorts now is the time....

lemme see if i can offer a yard...
  • #25,000
  • Jul 26, 2011 4:14pm Jul 26, 2011 4:14pm
Quoting mfoste1
lemme see if i can offer a yard...
Ill throw in one if you do
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