USD/JPY Discussion

This is an avalanche. Big seller either taking profit or give up. I would expect a sudden shot up. (no technical analysis here, just a pure fundamental)

hit sl

try again sl 15

how many lots u put in?

1 lot

4 hour is the key,close below 82.63 its good for me

@BE

Glad to see you got stopped out at BE. Looking for tops in the market is the wrong thing to do . Let the day finish and see how the market reacts.There is clearly no bearish signal yet.

next 84...

Looks like Ben spoke with huhuhu words.

Russian Children Health Found sell USD/JPY IN 81.75

Im seeing some bearish divergence in the 1hr chart . and also a weekly pivot at 83.140. maybe we might see a downward move there. but dont take my word to heart. I wont recommend selling but if this does play off . look to see what happens at 81.87 or even 81.081 levels

my op based what i see not looking the top

Japan's Shocking Keynesian Slip: "We Are Worse Than Greece"
Submitted by Tyler Durden on 03/13/2012 21:36 -0400

Greece Gross Domestic Product Japan


In a stunning turn of events, a Japanese Ministry of Finance official admits to Richard Koo's worst nightmare "Japan is fiscally worse than Greece". Bloomberg is reporting that, at a conference in Tokyo, Yasushi Kinoshita says Japan's 2011 fiscal deficit was up to 10% of GDP and its debt-to-GDP has soared to over 230%. What is more concerning is the Kyle-Bass- / Hugh-Hendry-recognized concentration risk that Kinoshita admits to also - with a large amount of JGBs held domestically, the Japanese financial system is much more vulnerable to fiscal shocks (cough energy price cough) than Europe. Of course, the market is catatonic in its reaction to this - mesmerized by the possibility of buybacks and hypnotized at big-banks-passing-stress-tests - though we do note the small reverse stronger in USDJPY has reversed as this news broke and the USD pushes modestly higher.

http://www.zerohedge.com/news/japans...e-worse-greece

jpy hitting weekly down trendline soon..from weekly perspective we are still in downtrend ... time for a correction coming soon..maybe at 84.00

yep. im looking at 84.50 -84.90 for some signal, which was a support at 11/29/2009. I wont be selling. just looking for a lower place to buy again.

Exactly as I expected, Japan will soon face debt crisis. The yen is starting to weaken: http://octafinance.com/2011/japans-d...-otm-yen-puts/

And here is my follow up article: http://octafinance.com/2012/japans-d...low-up-review/

This could be the start of an uptrend up to 120 USDJPY in 2-3 years.

looking to tp at 84 then waiting for pullback to buy again

Could anyone post a chart with fib retracements from the lowest point 75.555 to 85.50? I recall seeing a chart, where 83.90 was 61.8 %