Closed long above 79.90 and waiting for some small retracment from here to go long again. If not, will do it above 80.00
Many green pips all!!
Many green pips all!!
USD/JPY Discussion 7 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
DislikedHey guys, I'm still trying to wrap my head around how the USD/JPY moves so I could really use some feedback here. We know that the main "risk off" currencies that offer liquidity are the US Dollar and the Japanese Yen. Investors/fund managers move their money into either the dollar or the yen for a variety of reasons, one of them being expected return. Now, since Fitch downgraded Japan's sovereign-credit rating to A+, and increasing rhetoric out of Japan's finance ministry seeming to signal currency intervention, how does that impact the flow...Ignored
Dislikedall i watch when trading yen is the bond market...it is way overbought, almost building a bubble, a correction is needed which pushes usdjpy up ..just my 2 pipsIgnored
DislikedCan you please be specific? Are you looking at US 10 year treasury notes? Shorter term bonds? Japanese government bonds? Doesn't the expected depreciation of the Yen mean that Japanese bonds will be worth less in the future?Ignored
Dislikeddo you all see big retracement coming before the continued long for the USD.Ignored
DislikedI believe in long ( and Market Profile)
Very bear stop losses are on our way .
Goog profits for all.Ignored
QuoteDislikedNODA SAYS MARKETS WATCHING JAPAN AFTER FITCH DOWNGRADE