Disliked{quote} You look at it. 99.99999% of trading is done when money center banks trade (Monday Asia open till Friday U.S. close).Ignored
Trade in the now
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
Disliked{quote} You look at it. 99.99999% of trading is done when money center banks trade (Monday Asia open till Friday U.S. close).Ignored
Disliked{quote} What makes you think that ''if'' BOJ acts it will go up right away. Why not spike it down 500-1000 pips and then rally it 5000 pips.Ignored
DislikedDo you think intervention will happen in one day? Maybe.. maybe not. Sometimes its a month long thing, sometimes just a day. Take a look at below link: http://www.reuters.com/article/globa...-idUSL8N15Q4BY And then look at charts to see what happened and when (down to 5 min if you like). Look at march 18th, 2011 for example. I agree that when they will sell yen and usd/jpy will go up (duh...) but it does not mean that it will happen right away or that it will be a htf trend reversal.Ignored
DislikedThe BoJ has never been able to steer the Yen unilaterally, the path is naturally higher for the yen without fed tightening so unless Yellen surprises the market with hawkish talk (fat hopes), the dollar is going to continue to lose ground vs the yen.Ignored
DislikedHFT algos surely first clean sl before moving usd/jpy higher after Kuroda speech.Ignored
Disliked{quote} Lol fake sl ruins the algos.Everybody knows there is an artificial floor price. The big boys see it as too high risk - management would flush them down the toilet if they lost out with a high risk trade going against BoJ. Attempts below 100 have rebounded , not continued down.. Why ?Ignored
Disliked{quote} 100 is not a floor. Last BOJ intervention was on 21.10.2011 at the price 75,60... 100 is not so bad for Japan.Ignored
Dislikedis it going up ... is it going down ,, back where it started on my broker feed,, I think it will go up from here because of the black space to the right{image}Ignored