USD/JPY Discussion | Page 1271 | 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

  • #25,401
  • Aug 4, 2011 1:01am Aug 4, 2011 1:01am
Booked all my longs entered at 76.5 at 79.40 all my positions

Good luck
  • #25,402
  • Aug 4, 2011 1:11am Aug 4, 2011 1:11am
Quoting Wulfgar
Im honestly expecting 50....

most call me crazy.... but everyone was saying i was crazy when I was callin 75 from up at 125
Haven't you laughed out the idea of BOJ intervention in the first place?
Don't get mad, get even!
  • #25,403
  • Aug 4, 2011 1:27am Aug 4, 2011 1:27am
All the currency pairs (if not most of them) against Yen have reached their 15-Jul levels.

Hope not many were short !!!...Please wait for shorting.

There are no compelling facts to make me think that, this up move is going to be over very shortly.

Luv
Ansi
  • #25,404
  • Aug 4, 2011 1:27am Aug 4, 2011 1:27am
Stopped out of various short USD/JPY and USD/CHF positions I have been building up over the last few weeks total profit ~ +1675 pips!

Hopefully everyone who has been trying to buy these pairs over the last few weeks have at least made part of their losses back.
Will start to look next week for a continuation of the down trend once the dust has settled.
On holiday at the moment so have been using my iPad this week which is the reason for no charts.
Be careful not to buy the top
  • #25,405
  • Aug 4, 2011 1:39am Aug 4, 2011 1:39am
Quoting stulic
Haven't you laughed out the idea of BOJ intervention in the first place?
ya I hate the BOJ....

trust me Ill be shorting this guaranteed failure of an intervention as soon as possible....

Ive said it before... Ill go long at 0

made a ton more money shorting this thing from back up in the 100's than I ever did trying to build longs in it( also could be cause I started trading when the UJ was falling from 135ish and the carry trades were unwinding)
  • #25,406
  • Aug 4, 2011 1:40am Aug 4, 2011 1:40am
What's going on guys another? Another intervention?
  • #25,407
  • Aug 4, 2011 1:47am Aug 4, 2011 1:47am
12 mins before london market opens...

will watch closely what they will do ...

hmmmm.....
The market will deceive you. Make your own judgement.
  • #25,408
  • Aug 4, 2011 1:52am Aug 4, 2011 1:52am
Just saw this on ForexLive ... "Reports have some USD 22.5 bln having been bought on EBS so far today. Varying reports have the BOJ being responsible for between USD 10.0 – 15.0 bln of that total"
  • #25,409
  • Aug 4, 2011 1:54am Aug 4, 2011 1:54am
BOJ eating up all the loose change in the market , thats why no movement ?
  • #25,410
  • Aug 4, 2011 1:56am Aug 4, 2011 1:56am
u shorted yet +1675 pips! , what position did u hold ？

Quoting fosking
Stopped out of various short USD/JPY and USD/CHF positions I have been building up over the last few weeks total profit ~ +1675 pips!

Hopefully everyone who has been trying to buy these pairs over the last few weeks have at least made part of their losses back.
Will start to look next week for a continuation of the down trend once the dust has settled.
On holiday at the moment so have been using my iPad this week which is the reason for no charts.
Be careful not to buy the top
  • #25,411
  • Aug 4, 2011 2:06am Aug 4, 2011 2:06am
Quoting ninjafx
12 mins before london market opens...

will watch closely what they will do ...

hmmmm.....
What can they do, Japan MOF is using London banks to sell Yen. Estimated 1 trillion so far.
Don't get mad, get even!
  • #25,412
  • Aug 4, 2011 2:07am Aug 4, 2011 2:07am
Quoting Wulfgar
ya I hate the BOJ....

trust me Ill be shorting this guaranteed failure of an intervention as soon as possible....

Ive said it before... Ill go long at 0

made a ton more money shorting this thing from back up in the 100's than I ever did trying to build longs in it( also could be cause I started trading when the UJ was falling from 135ish and the carry trades were unwinding)
LOOOOL were you angry ? please don't .
A chart helps those who can read it.
  • #25,413
  • Aug 4, 2011 2:11am Aug 4, 2011 2:11am
Quoting tankokjian
u shorted yet +1675 pips! , what position did u hold ？
No short yet, like I said I will start to look from next week (that doesn't mean I will short next week).

Try and start to build up positions in the way of the trend and all of a sudden big profits aren't so hard to come by. When I first started trading I was picking bottoms and tops too like most people here and kept losing. Leaned the hard way, and now only trade in the way if the trend.
Check out Ichimoku, you won't be getting into trades from the first pip, but at least you will be on the right side of the trade and you can keep adding profitable positions at resistance in a down trend or support in an up trend.
Forget all this bottom picking lark, pure luck.
How many losing trades do you need to take before one lucky one?
  • #25,414
  • Aug 4, 2011 2:15am Aug 4, 2011 2:15am
Quoting geniusztc
LOOOOL were you angry ? please don't .

Noda and me were playin parcheezi the other night with th prime minister

I won.... he was mad... thats why he did this


bastard
  • #25,415
  • Aug 4, 2011 2:18am Aug 4, 2011 2:18am
Quoting Wulfgar
Noda and me were playin parcheezi the other night with th prime minister

I won.... he was mad... thats why he did this


bastard
Lol
  • #25,416
  • Aug 4, 2011 2:28am Aug 4, 2011 2:28am
ok thanks fosking, i guess i was on the wrong track ...... i was too eager to get to the tip of the needle. BUTＢＵＴ　ＢＵＴ　ｆｏｒ　ｔｈｉｓ　ｏｎｌｙ　ａｎｄ　ｌａｓｔ　ｔｉｍｅ　ｉ　ｎｅｅｄ　ｔｏ　ｐｉｃｋ　ｔｈｅ　ｔｉｐ　ｏｆ　ｔｈｅ　ｃｌｉｆｆ　．．．．　ｏｎｌｙ　ｔｈｉｓ　ｔｉｍｅ．

Quoting fosking
No short yet, like I said I will start to look from next week (that doesn't mean I will short next week).

Try and start to build up positions in the way of the trend and all of a sudden big profits aren't so hard to come by. When I first started trading I was picking bottoms and tops too like most people here and kept losing. Leaned the hard way, and now only trade in the way if the trend.
Check out Ichimoku, you won't be getting into trades from the first pip, but at least you will be on the right side of the trade and you can keep adding profitable...
  • #25,417
  • Aug 4, 2011 2:34am Aug 4, 2011 2:34am
Target reached for UJ long at 79.60...

have so much for today.

will have snacks, watch movie.

Good luck guys...


Tip: don't be greedy. wahaha :-)
The market will deceive you. Make your own judgement.
  • #25,418
  • Aug 4, 2011 2:44am Aug 4, 2011 2:44am
nice trade, keep a look out for 81.582 ish for 100EMA target (daily TF)

Quoting ninjafx
Target reached for UJ long at 79.60...

have so much for today.

will have snacks, watch movie.

Good luck guys...


Tip: don't be greedy. wahaha :-)
  • #25,419
  • Aug 4, 2011 3:04am Aug 4, 2011 3:04am
Beware the 1-way-bet.
BoJ have made their intentions very clear. Momentum has pushed us towards 80, but as with all these things, there will be a sting in the tail.

Mayve a retrace to the 79.2 region before the next leg up.
Have taken a very small short @ 79.84. It's very risky and will cut quick if i'm wrong.
  • #25,420
  • Aug 4, 2011 3:19am Aug 4, 2011 3:19am
Quoting ukdaytrader
Beware the 1-way-bet.
BoJ have made their intentions very clear. Momentum has pushed us towards 80, but as with all these things, there will be a sting in the tail.

Mayve a retrace to the 79.2 region before the next leg up.
Have taken a very small short @ 79.84. It's very risky and will cut quick if i'm wrong.
it is not a free market now. BOJ is the king .and BOJ will fight the major resistances on the way yen to weak .
A chart helps those who can read it.
35 traders viewing now