Attachments: USD/JPY Discussion

USD/JPY Discussion

#39,921
Nov 27, 2013 7:22am Nov 27, 2013 7:22am

nisack
| Joined Oct 2013 | Status: Trader | 82 Posts

Quoting bikov

Disliked

there are some tensions between japan and china about small island group, maybe that's another reason for yen weakness.

Ignored

i actually thought this would cause the so-called yen safe heaven effect, but it didn't.

#39,922
Nov 27, 2013 7:26am Nov 27, 2013 7:26am

zusch
| Joined Feb 2011 | Status: Trade the hot hand. | 668 Posts

Cut through 102 like a hot knife through butter. Still seems to be some juice left for the last 6.5 hours of the daily candle. I'd like to see 102.50 in that time frame.

U.S. holiday, Thanksgiving, tomorrow (not that it really changes anything).

Twitter: @zusch_ -- Preselecting trending pairs, stocks on a weekly basis.

#39,923
Nov 27, 2013 9:09am Nov 27, 2013 9:09am

stylinex
Joined Aug 2013 | Status: Trader | 4,057 Posts

Quoting maximinus

Disliked

{quote} Ah ah, you have a sharp eye ! Well done.

Ignored

#39,924
Nov 27, 2013 9:38am Nov 27, 2013 9:38am

stylinex
Joined Aug 2013 | Status: Trader | 4,057 Posts

Quoting zusch

Disliked

First chart is 5min price action Nov. 12-14. 2nd chart is price action for this week. {image} {image}

Ignored

Good call..

#39,925
Nov 27, 2013 10:10am Nov 27, 2013 10:10am

zusch
| Joined Feb 2011 | Status: Trade the hot hand. | 668 Posts

Quoting stylinex

Disliked

{quote} Good call..

Ignored

Thanks stylinex & maximinus.

/ES slipping a bit while U/J held steady. Showing some decoupling for sure.

Twitter: @zusch_ -- Preselecting trending pairs, stocks on a weekly basis.

#39,926
Nov 27, 2013 11:40am Nov 27, 2013 11:40am

kweiss10
| Joined Jul 2013 | Status: Trader | 749 Posts

no more movement in UJ for some time now. no buyers, no sellers. all off for some reason

#39,927
Nov 27, 2013 6:03pm Nov 27, 2013 6:03pm

zusch
| Joined Feb 2011 | Status: Trade the hot hand. | 668 Posts

I've got an odd looking 4hr candle that could have gotten a bit ugly, but buyers stepped in nicely at the close to get it above 102.

Twitter: @zusch_ -- Preselecting trending pairs, stocks on a weekly basis.

#39,928
Nov 27, 2013 8:40pm Nov 27, 2013 8:40pm

Willow
| Joined Dec 2011 | Status: Mrs. | 1,178 Posts

Quoting zusch

Disliked

I've got an odd looking 4hr candle that could have gotten a bit ugly, but buyers stepped in nicely at the close to get it above 102.

Ignored

the boj did that, from different desks/accounts

japan is indeed toast.
it leads technology, still, but
the world makes good tablets, not clear why buy japans hi-tech tablets...
tablets, or whatever

I'll shop after the drop

#39,929
Nov 27, 2013 10:03pm Nov 27, 2013 10:03pm

zusch
| Joined Feb 2011 | Status: Trade the hot hand. | 668 Posts

Quoting Willow

Disliked

{quote} the boj did that, from different desks/accounts japan is indeed toast. it leads technology, still, but the world makes good tablets, not clear why buy japans hi-tech tablets... tablets, or whatever

Ignored

You're prob. right about that, can't fight the central banks.

Today in /ES, price opened nicely, but then got below the daily open price...and like magic, got bid up in the closing 3 hours and finished green (probably by NY Fed). Anytime the trends start took look like a sellable, they just get bid up seemly out of nowhere.

Twitter: @zusch_ -- Preselecting trending pairs, stocks on a weekly basis.

#39,930
Nov 27, 2013 10:09pm Nov 27, 2013 10:09pm

eliteincome
| Joined Aug 2011 | Status: Trader | 2,640 Posts

Hello YEN Masters

Loved it when the YEN masters come to play

man take really know how to kick ass

charts just light up bling bling

I just need to off load this wheel barrow full longs

bit over load again

#39,931
Nov 27, 2013 10:11pm Nov 27, 2013 10:11pm

stylinex
Joined Aug 2013 | Status: Trader | 4,057 Posts

Quoting zusch

Disliked

{quote} You're prob. right about that, can't fight the central banks. Today in /ES, price opened nicely, but then got below the daily open price...and like magic, got bid up in the closing 3 hours and finished green (probably by NY Fed). Anytime the trends start took look like a sellable, they just get bid up seemly out of nowhere.

Ignored

When they move abruptly like that it is almost always the Central Bank which is involved. No way a currency can move like that without an ok from the Central Bank. Good old FED and BOJ.

#39,932
Nov 28, 2013 12:32am Nov 28, 2013 12:32am