Attachments: USD/JPY Discussion

USD/JPY Discussion

#40,601
Dec 18, 2013 1:18pm Dec 18, 2013 1:18pm

Jgcole83
Joined Mar 2013 | Status: Fear and hope remain the same | 562 Posts

Quoting Boy Wonder

Disliked

Bull trap or beginning of the next leg higher? I reckon the former but ah bin fooled before and ahm probably being fooled (by myself) again. {image}

Ignored

It's not a trap. BOJ is printing and we are tapering...Just wait until Asia and Europe open.

http://www.bloomberg.com/news/2013-1...purchases.html

"A true speculator tries the market small." - Jesse Livermore

#40,602
Dec 18, 2013 1:19pm Dec 18, 2013 1:19pm

Rizmeister
| Joined Nov 2013 | Status: Trader | 1,222 Posts

USD/JPY will be seeing some new highs I believe.

I hit my stop loss in the green! and repositioned.

#40,603
Dec 18, 2013 1:19pm Dec 18, 2013 1:19pm

Rizmeister
| Joined Nov 2013 | Status: Trader | 1,222 Posts

I had it super tight just in case

#40,604
Dec 18, 2013 1:21pm Dec 18, 2013 1:21pm

Rizmeister
| Joined Nov 2013 | Status: Trader | 1,222 Posts

Mr. B will be taking the stage in about 9 mins so we shall see

#40,605
Dec 18, 2013 1:22pm Dec 18, 2013 1:22pm

bikov
| Joined May 2012 | Status: Trader | 620 Posts

doing fine and added more longs. if this is just a bull trap.. an applause

"The secret of politics? Make a good treaty with Russia." Otto von Bismarck

#40,606
Dec 18, 2013 1:22pm Dec 18, 2013 1:22pm

Boy Wonder
| Joined Feb 2012 | Status: Trader | 1,332 Posts

Quoting Jgcole83

Disliked

{quote} It's not a trap. BOJ is printing and we are tapering...Just wait until Asia and Europe open. http://www.bloomberg.com/news/2013-1...purchases.html

Ignored

Yeah maybe.
Meanwhile, bonds are sleeping .. "don't bother waking me up unless they do something interesting".

I have no clue what I'm talking about.

#40,607
Dec 18, 2013 1:23pm Dec 18, 2013 1:23pm

mm2mm
| Joined Jun 2012 | Status: Trader | 405 Posts

How do the fed news affect nzdjpy or is it just noise/disturbance?

I have a long that just came afloat but it's too close for comfort

should i close?

#40,608
Dec 18, 2013 1:24pm Dec 18, 2013 1:24pm

Doboy408
| Joined Apr 2013 | Status: Trader | 176 Posts

Quoting Jgcole83

Disliked

{quote} It's not a trap. BOJ is printing and we are tapering...Just wait until Asia and Europe open. http://www.bloomberg.com/news/2013-1...purchases.html

Ignored

this is my thought exactly...boj printing and talking about printing more...fed tapering...that's really all anyone needs to know about UJ trade

i'll be adding more and more on dips

#40,609
Dec 18, 2013 1:43pm Dec 18, 2013 1:43pm