USD/JPY Discussion | Page 1455 | 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

  • #29,081
  • Nov 10, 2011 2:52am Nov 10, 2011 2:52am
Quoting USD-Bear
bounce @ 50%
above DPP
above WPP
above MPP

Attachment
what a bugger only 77.55 holding below that I'll close my longs

UJ M15:
Attached Image (click to enlarge)
Click to Enlarge Name: Picture0200.jpg Size: 84 KB
Don't be a hero. Don't have an ego. Always question yourself
  • #29,082
  • Edited 7:31am Nov 10, 2011 7:08am | Edited 7:31am
added a long @ 77.56
full position now, will see Monday what the results are
Don't be a hero. Don't have an ego. Always question yourself
  • #29,083
  • Nov 10, 2011 2:58pm Nov 10, 2011 2:58pm
Hope you all shorted the bounce above 79.00 as it always seems to pay off quite well to sell every single bounce.

How does the mind of Japanese monetary policy makers function ? Do they honestly believe that they can sit back and relax after a one shot intervention ? Do they really think that hiding in their comfortable caves is the appropriate way of acting after threathening and tough talk for months ?

Why didn't they intervene several times in a row ? Result is that already half of it's initial gain is down the drain yet again. It would have been far smarter to make use of the momentum. Intervening the way they do is just a waste of money.

As we can see, it's slowly dying ... again.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY.jpg Size: 113 KB
  • #29,084
  • Nov 10, 2011 4:27pm Nov 10, 2011 4:27pm
Quoting SIgurs
Why didn't they intervene several times in a row ?
Atleast one thinks they do...
  • #29,085
  • Nov 10, 2011 10:56pm Nov 10, 2011 10:56pm
Might break downside again
Attached Image (click to enlarge)
Click to Enlarge Name: UJ 4H.png Size: 28 KB
If there was easy money lying around,no one would be forcing it into your
  • #29,086
  • Nov 11, 2011 12:11am Nov 11, 2011 12:11am
i have 2 orders, one order is 0.025 lot buy limit at 77.50 with s/l 77.25 and tp 77.75, another order is 0.025 lot buy limit at 77.50 with s/l 77.25 and tp open
  • #29,087
  • Nov 11, 2011 12:29am Nov 11, 2011 12:29am
Quoting Yuchen
i have 2 orders, one order is 0.025 lot buy limit at 77.50 with s/l 77.25 and tp 77.75, another order is 0.025 lot buy limit at 77.50 with s/l 77.25 and tp open
Ehmm...are you tell me your position Yuchen
btw,do you have technical reason for enter your long position @ 77.50 and 77.75 ?
If there was easy money lying around,no one would be forcing it into your
  • #29,088
  • Nov 11, 2011 12:55am Nov 11, 2011 12:55am
Making lower lows/lower highs just as it has done so in the past. Imo, this is the ideal forex strategy:

intervene - wait till price is back at or below initial price - intervene - wait till price is back at or below initial price - intervene .............

As a trader one cannot but love the way the Japanese handle the Yen crisis. lol
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY.jpg Size: 109 KB
  • #29,089
  • Nov 11, 2011 1:01am Nov 11, 2011 1:01am
Quoting FXMindset
Ehmm...are you tell me your position Yuchen
btw,do you have technical reason for enter your long position @ 77.50 and 77.75 ?
yeah, because 77.45 was the former resistence reject UJ moved up by 3-4 times in October, so i assume there will be some support for that..
i long both of them at 77.50 and i will sleep soon
i have both of them s/l at 77.25 and one t/p at 77.75 another tp is open.
  • #29,090
  • Nov 11, 2011 1:28am Nov 11, 2011 1:28am
BOJ = FAIL
Gravity always wins
  • #29,091
  • Nov 11, 2011 1:34am Nov 11, 2011 1:34am
Agree about BoJ, don't like to believe that they are using “stealth” buying after few days of silance
  • #29,092
  • Nov 11, 2011 1:51am Nov 11, 2011 1:51am
went long at 77.53
  • #29,093
  • Nov 11, 2011 2:01am Nov 11, 2011 2:01am
Quoting sneaky_russian
went long at 77.53
Holding long too but technicaly without BOJ the future is bleak.
Gravity always wins
  • #29,094
  • Edited 2:34am Nov 11, 2011 2:12am | Edited 2:34am
I can't find a reason to go long, I would feel much safer to be on one side with BoJ even if they are sleeping but can't find a sign to go there.

Went short @ 77.8 and will be looking for exit around 77.1 or somewhere above fib 50% if things change
Attached Image (click to enlarge)
Click to Enlarge Name: uj4h.gif Size: 17 KB
  • #29,095
  • Edited 3:56am Nov 11, 2011 2:20am | Edited 3:56am
Quoting Yuchen
yeah, because 77.45 was the former resistence reject UJ moved up by 3-4 times in October, so i assume there will be some support for that..
i long both of them at 77.50 and i will sleep soon
i have both of them s/l at 77.25 and one t/p at 77.75 another tp is open.
I'am afraid your TP would be not achieve today mate and we might see lower - We just break Descending Triangle In London Session and 77.50 become resistance now
If there was easy money lying around,no one would be forcing it into your
  • #29,096
  • Nov 11, 2011 3:40am Nov 11, 2011 3:40am
Mr. Azumi ... my favorite finance minister ... do damn predictable ;-)
  • #29,097
  • Nov 11, 2011 3:50am Nov 11, 2011 3:50am
Do you think they may have any surprises for us?

Lets wait and see. :-)
  • #29,098
  • Nov 11, 2011 4:02am Nov 11, 2011 4:02am
Quoting specul8
Do you think they may have any surprises for us?

Lets wait and see. :-)
Surprise ? Yes,Maybe another New low
Attached Image (click to enlarge)
Click to Enlarge Name: UJ Monthly.png Size: 35 KB
If there was easy money lying around,no one would be forcing it into your
  • #29,099
  • Edited 4:32am Nov 11, 2011 4:17am | Edited 4:32am
Quoting FXMindset
Surprise ? Yes,Maybe another New low
BoJ stopped it last time, think this time they might even break downgoing trend. I mean how much money they can throw on half done intevnetion before someone will slap them.

But that surprise could take month(s).
Anything sooner? Like who is planning to leave open shorts during weekend or open in one direction or other before it in hope that something similar to Oct 31th might repeat.

Think USD-Bear is hoping for something.

Quoting USD-Bear
added a long @ 77.56
full position now, will see Monday what the results are
  • #29,100
  • Nov 11, 2011 4:19am Nov 11, 2011 4:19am
Quoting FXMindset
Surprise ? Yes,Maybe another New low
19 traders viewing now