I read somewhere, when everyone gave up on the hopes of BOJ intervention, they usually come in Anyway, I am long on this from 76.60 since a few days, but I still dont see getting more than 20 pips. My SL is 100 and TP is 100.

USD/JPY Discussion

Good thinking — Thanks for the thread and for thinking out of the box. The reason for the big DD this week is because of the long tails we observed in most of the pairs this week. I have the pictures of USDCHF and AUDUSD. May be cutting half ...

Strength for one week, No Charts Attached ;)

News: Japan to rely more on timing than size in FX action That means whenever there is positive news/data on USD, UJ will turn bullish? I guess we may not see the sudden spikes anymore..

USD/JPY Discussion

Who then dumped so much of Yen into the sea?

USD/JPY Discussion

You mean they pushed UJ up and immediately doubled thier lot size to go short?

USD/JPY Discussion

BOJ seems to be successful in creating the intervention fear...atleast with us small time traders so more and more ppl will turn bullish eventually?

USD/JPY Discussion

My thoughts — Good NFP: People got confidence in the market, hence they sell dollar and buy stocks. S&P downgrade: Immediate reaction over the weekend is expected to hurt USD. But the real investors comes in knowing that the S&P only ...

someone PLEASE explain this market to me

Waiting for my long 76.60 -100/+200. Hope we get there today

USD/JPY Discussion

I will wait till 76.60 to go long which is the demand area. SL 100 pips and TP 200 pips

USD/JPY Discussion

My personal thought (with disclaimers) is that BOJ will not intervene again for sometime and will wait for the market to correct by itself. Single handed intervention is not effective and who else will support them now. USD, CHF, JPY all wants thier ...

USD/JPY Discussion

It was easy to analyze the fate of UJ today. Too bad I exited my shorts early

USD/JPY Discussion

Not sure about Japan. But in other parts of Asia, people are nervously looking at the US market. Will DOW come up from 11000 by the end of today's stock market session? that will decide tomorrow's asian market, possibly that will decide if BOJ will ...

USD/JPY Discussion

So finally, buy or sell?

USD/JPY Discussion

I dont expect any interventions today. CHF and JPY will wait for the world market reactions. Market opened so bad in Asia, I am wondering how UJ still stayed within 40 pips drop or is it just waiting to be swept by the Tsunami when US market opens? ...

USD/JPY Discussion

What you think and why? — Dont you guys think downgrade will affect USD badly? Some says...the real-life rating is worst than this with all the debts/QEs/political will. Off course I don't want that to happen... My immediate thoughts, ...

USD/JPY Discussion

Thanks for sharing bro!

USD/JPY Discussion

Looking at the fundamentals let me see if my analysis works for today: USD will range sideways, JPY will weaken and Euro& GBP will move up. Reason: - Debt deal effect on market is not seen yet, I think USD will wait for NFP data to trend. - Talks of ...

USD/JPY Discussion

I agree, US is skating on thin ice, so does lot of other nations like Euro (saving the defaultees), Jap (sitting on too much debt) and China (invested in too much of US/Jap/Eutro debt). I dont trust in the dooms-day scenario that people talk about ...

USD/JPY Discussion