38.1% Fib retrace of move from 77 to 80.2 might serve as support at 79. BoJ would be stupid to allow it to fall further after spending all this money.
Edit: Oh well, that didn't hold. On to 78.6 for 50% fibo?
Once scalper always scalper 
- #25,481
- Aug 4, 2011 9:19am Aug 4, 2011 9:19am
- | Joined May 2010 | Status: Trader | 1,078 Posts
- #25,482
- Aug 4, 2011 9:22am Aug 4, 2011 9:22am
- | Joined May 2010 | Status: Trader | 1,078 Posts
Enjoy and CASH IN 
Don`t forget closed all before Japan open 
Don`t forget closed all before Japan open Once scalper always scalper
- #25,484
- Aug 4, 2011 9:38am Aug 4, 2011 9:38am
- | Joined May 2010 | Status: Trader | 1,078 Posts
Don't speak too soon. I think there are still several legs to go in this drama.
Once scalper always scalper
- #25,485
- Aug 4, 2011 9:39am Aug 4, 2011 9:39am
- | Joined May 2010 | Status: Trader | 2,442 Posts
jp relies on trade flow , if there are less exports means neg cash flow.
it drops 100pts, its very realistic drop. at fibo 38.2 , trust me BOJ will rally it up again on 68 fibo in worst case
it drops 100pts, its very realistic drop. at fibo 38.2 , trust me BOJ will rally it up again on 68 fibo in worst case
Look for me all easy. Dollars is week. tru or not? Boj make attempts week jen whats not-logical. They just give opportunities make easy money. No one can move forex in long term believe me. Boj just waste money and time
- #25,486
- Aug 4, 2011 10:12am Aug 4, 2011 10:12am
- | Joined May 2010 | Status: Trader | 1,078 Posts
I`m not sure after the earthquake has sufficient cash reserves rallie every day, but let`s see. Market will make order here. Out with Cash thanks Boj!
Once scalper always scalper
- #25,487
- Aug 4, 2011 10:47am Aug 4, 2011 10:47am
- | Joined May 2010 | Status: Trader | 2,442 Posts
I`m not sure after the earthquake has sufficient cash reserves rallie every day, but let`s see. Market will make order here. Out with Cash thanks Boj!
- #25,488
- Aug 4, 2011 11:13am Aug 4, 2011 11:13am
- | Joined May 2010 | Status: Trader | 1,078 Posts
BOJ : there will be another one for those who missed it. no problem
Once scalper always scalper
- #25,489
- Aug 4, 2011 11:34am Aug 4, 2011 11:34am
- Joined Jun 2010 | Status: Trader | 3,896 Posts
well, i was right about the bounce up from around 79.6.
just grabbed 20 pips.
iam now done for the days.
see ya all...
happy trading.
Good pipping to you too! 
Make your losses in demo. Earn your profits live.
- #25,496
- Edited 3:17pm Aug 4, 2011 2:30pm | Edited 3:17pm
- | Joined Jun 2010 | Status: The Villain | 2,565 Posts
BOJ intervened just so i can lose 130 pips. the buggers.
but guess what ? they couldnt do it. i managed to regain the 130 pips i had lost. so too bad BOJ ! you think you are big tough buggers , i dont think so !
too bad. now come and get me if you can....
but guess what ? they couldnt do it. i managed to regain the 130 pips i had lost. so too bad BOJ ! you think you are big tough buggers , i dont think so !
too bad. now come and get me if you can....
- #25,498
- Aug 4, 2011 3:18pm Aug 4, 2011 3:18pm
- Joined May 2011 | Status: Making money 1 pip at a time. | 2,150 Posts
- #25,499
- Aug 4, 2011 3:25pm Aug 4, 2011 3:25pm
- | Joined Jun 2010 | Status: The Villain | 2,565 Posts
BoJ will be back. Probably tonight imo.
bring it on boj !!
lets see what you have got. you wont catch me off guard this time ! sneaking in and stabbing me in the back without my knowledge ....!
- #25,500
- Aug 4, 2011 3:29pm Aug 4, 2011 3:29pm
- Joined Apr 2008 | Status: Trader | 7,674 Posts
BOJ intervened just so i can lose 130 pips. the buggers.
but guess what ? they couldnt do it. i managed to regain the 130 pips i had lost. so too bad BOJ ! you think you are big tough buggers , i dont think so !
too bad. now come and get me if you can....