USD/JPY Bank of Japan intervention | Forex Factory

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USD/JPY Bank of Japan intervention

  • #1
  • First Post: Mar 6, 2012 1:58am Mar 6, 2012 1:58am
Hi guys i read this report , when you expect this would happen

http://www.forexpros.com/news/forex-...ll-cool-231068
  • #2
  • Mar 6, 2012 2:53am Mar 6, 2012 2:53am
anyway i will short the JPY and wait for god call , anyone agrees ?
  • #3
  • Mar 6, 2012 10:10am Mar 6, 2012 10:10am
Sure, buy the dips (ie sell Yen) but leave yourself plenty of room, it can be a volatile rollercoaster ride!
  • #4
  • Mar 6, 2012 3:13pm Mar 6, 2012 3:13pm
Quoting Yonited
Hi guys i read this report , when you expect this would happen

http://www.forexpros.com/news/forex-...ll-cool-231068
It's an asset purchase program (quantitative easing) not a direct intervention so it may help weaken the Yen but it's not what you think it is.
.
  • #5
  • Last Post: Mar 9, 2012 1:38am Mar 9, 2012 1:38am
What happened Yonited, you were thinking of buying the dips but it doesn't look like you took any advantage of the move! There was a couple hundred pips in that!

ps lower your leverage!
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