USD/JPY Discussion | Page 1301 | 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

  • #26,001
  • Aug 16, 2011 8:41pm Aug 16, 2011 8:41pm
Quoting pursuit_21
probably something paper or electronic...can't print more gold whenever you want
I will lean toward electronic.

Actual paper currency will probably cease to be in 20-40 years.
  • #26,002
  • Aug 16, 2011 8:41pm Aug 16, 2011 8:41pm
Quoting QweeQwa
Gold?
Nope, just what ever the IMF sets as the value. Actually imho, it won't be the IMF, but something that takes it's place. However the next world bank will have to have enforceable policies that supersedes sovereign interests, the ECU is currently having it's own problems dealing with such and will probably be pointed too in it's upcoming failure.

A one world banking government is almost upon us.
  • #26,003
  • Aug 16, 2011 8:43pm Aug 16, 2011 8:43pm
Quoting auxesis

A one world banking government is almost upon us.
I agree.

As much as that policy might scare me, I can see, where it might be a necessity.
  • #26,004
  • Aug 16, 2011 8:46pm Aug 16, 2011 8:46pm
Quoting QweeQwa
I agree.

As much as that policy might scare me, I can see, where it might be a necessity.
Exactly, people won't choose it, but it will be forced upon them, at least in appearance, as a last resort measure to keep the current standard of living or from have another global economic meltdown.

Another one's coming, get ready.

What one has to answer, is it cause and effect, circumstance...... or has it been purposely played out in this fashion, designed, for this end game.
  • #26,005
  • Aug 16, 2011 8:51pm Aug 16, 2011 8:51pm
Quoting auxesis

Another one's coming, get ready.
I wish I was ready but the last one hurt me. I still haven't recovered, as far as my employment goes, I keep waiting for this economy to take off but I am growing more pessimistic.

I thought the employment picture would be a lot better off now.

Just got to ride this one out and save whatever I can till it all blows over.

About this pair, it is funny how a 20 pip move seems huge right now.



  • #26,006
  • Aug 16, 2011 9:03pm Aug 16, 2011 9:03pm
Quoting QweeQwa

About this pair, it is funny how a 20 pip move seems huge right now.


BOJ is absorbing all Yen buying at these levels, it's a game of waiting it out. Actually with the E/Y a few hundred pips off 107, they could let the $/Y slip to 75. It's the basket they defend, not a single pair.

The BOJ used to publish the prior days Yen volume against other pairs, and their weighted Yen Index, but my old links to those pages seem to longer work.
  • #26,007
  • Aug 16, 2011 9:05pm Aug 16, 2011 9:05pm
I am waiting to see what will happen if the lows are retested again and if makes a sharp move downward once passing through there, if that even happens again.
  • #26,008
  • Aug 17, 2011 1:01am Aug 17, 2011 1:01am
george soros part II.
  • #26,009
  • Aug 17, 2011 1:44am Aug 17, 2011 1:44am
Could be the breakout.
Would like for it to now test resistance at the purple spot for confirmation.

USD/JPY H1
Attached Image (click to enlarge)
Click to Enlarge Name: uj5.png Size: 93 KB
  • #26,010
  • Aug 17, 2011 2:09am Aug 17, 2011 2:09am
ｗｈａｔ　ｉｓ　ｈａｐｐｅｎｉｎｇ　？　ａｎｙ　ｎｅｗｓ or the
EUR/CHF sharply lower after the SNB refrains from announcing EUR/CHF peg
  • #26,011
  • Aug 17, 2011 2:19am Aug 17, 2011 2:19am
Quoting fosking
Could be the breakout.
Would like for it to now test resistance at the purple spot for confirmation.

USD/JPY H1
Attachment
BREAK DOWN.
A chart helps those who can read it.
  • #26,012
  • Aug 17, 2011 2:24am Aug 17, 2011 2:24am
where is the BOJ????
Attached Image (click to enlarge)
Click to Enlarge Name: uj.gif Size: 23 KB
A chart helps those who can read it.
  • #26,013
  • Aug 17, 2011 2:25am Aug 17, 2011 2:25am
Quoting geniusztc
where is the BOJ????
Don't hurry them. They're having afternoon tea!
  • #26,014
  • Aug 17, 2011 2:44am Aug 17, 2011 2:44am
Quoting geniusztc
where is the BOJ????
at nr. 30
Don't be a hero. Don't have an ego. Always question yourself
  • #26,015
  • Aug 17, 2011 2:45am Aug 17, 2011 2:45am
20 min JPY

If the black LP breaks I would prob watch the yellow fork

http://www.screencast.com/t/2MR13L7qB

beeb
  • #26,016
  • Aug 17, 2011 2:46am Aug 17, 2011 2:46am
Quoting geniusztc
where is the BOJ????
BOJ will not intervene in a lone wolf scenario, which hardly ever has lasting effects.. G7/G20 are not willing to participate in efforts to bring the Yen down. Risk aversion parties will head to Chf and Yen, hence the continuing bullishness on Yen.

Usd/Jpy heading towards 0.75 at the very least, could even go down to 0.73 before showing a noteworthy bouncing. Shorting the bounces, even the smallest ones, is the way to trade this pair for the time being.
Attached Image (click to enlarge)
Click to Enlarge Name: usdyen.gif Size: 36 KB
  • #26,017
  • Aug 17, 2011 3:05am Aug 17, 2011 3:05am
Quoting geniusztc
BREAK DOWN.
Quoting geniusztc
where is the BOJ????
If you are gambling on a BOJ intervention, it's account suicide.
There are no signs we are at the bottom yet, so if you are trying to pick the bottom, keep your stop tight!
Don't end up blowing your account and regretting it.
  • #26,018
  • Aug 17, 2011 3:16am Aug 17, 2011 3:16am
76.58 SL 76.55 , as tight as this.?
  • #26,019
  • Aug 17, 2011 3:25am Aug 17, 2011 3:25am
Quoting tankokjian
76.58 SL 76.55 , as tight as this.?
The way things are acting now it might take a week to make such a large drop.
  • #26,020
  • Aug 17, 2011 3:25am Aug 17, 2011 3:25am
Quoting tankokjian
76.58 SL 76.55 , as tight as this.?
Well at least you shouldn't blow your account with a 3 pip SL.
45 traders viewing now