Have to wait for next opportunity. Nothing special going on now. Hard to enter a new position now and hard to short. Need to be patient and wait for an opportunity. Two good opportunities passed already. We had the drop and had the rebound. Don't ...

USD/JPY Discussion

Once that S&P500 goes over 1850 it should sail all the way to 1900. Remember that one article about the guy who bet a huge amount of money on the S&P500 hitting 1900? He had a huge amount on these call options.

USD/JPY Discussion

Usually the YEN moves first from what I have seen. If the YEN takes a hit Nikkei sees it as as good news as a weaker YEN boosts exports,makes Japanese goods more competitive,boosts tourism into Japan and boosts profits of local companies and ...

USD/JPY Discussion

S&P500 took out resistance at 1840 which means it could rally to 1900 from here. With it going to 1900 the YEN could go to 106 now. Too early to short in my opinion.QE3 money kicked in today. Good old Ben and Yellen intervention

USD/JPY Discussion

So soon? Nikkei has had many days of losses. I reckon it sees a small bounce tomorrow and with that bounce comes some more YEN weakness. US markets only bounced back about half of yesterday's losses. Other half may come in tomorrow before correction ...

USD/JPY Discussion

104 just broke. Tomorrow morning Japan should push dollar higher and YEN lower.

USD/JPY Discussion

If it closes around 104 or under today then Japan will most likely lift it up to around 104.3-104.4 tomorrow morning their time. If they lift it till around 104.25 then Europe may lift it till about 104.35-104.5 After that we should correct.

USD/JPY Discussion

Too soon to try and call tops if you ask me. Today is only Tuesday and retrace is around 104.4 take or give. on the daily we have more upside left

USD/JPY Discussion

Reversals usually take place on Thursday or Friday so I expect one more push up tomorrow before a reversal unless market decides to skip the reversal this week. So far this pair is bouncing back just like a YoYo. At the top of the bounce it should ...

USD/JPY Discussion

I am going to sit this one out. Too hard to call a top now. Best to wait till it turns back around and ride it back down again or wait till it gets ridden back down again and look for another opportunity to ride it back up again. A YoYo at the ...

USD/JPY Discussion

It could actually get milked right back up to 104.3-104.4 to enter short at 104 might be too soon I believe. Smart move was to go long for the bounce when Japan opened this morning at around 102.90-103

USD/JPY Discussion

USD vs YEN is just like the DOW and S&P500 to where it can't drop a bit before being milked right back up there again. Looks like 104 is right around the corner again. Dollar is quite bullish again now. Big invisible hand in there again.

USD/JPY Discussion

These 2 weeks should be tricky as Chinese New Years is around the corner. Most Chinese want money before Chinese New Years and do not hold positions over Chinese New Years. Whether they be stocks.commodities or currencies they usually like to sell ...

USD/JPY Discussion

Short term I see it heading down but it could zig zag or be milked straight up to 104 first before heading back down again. All depends on the Yo-Yo man..

USD/JPY Discussion

Japanese will milk this up this morning first then it should head back down.

USD/JPY Discussion

ليلة سعيدة

USD/JPY Discussion

Good call, hit it at 102.856

USD/JPY Discussion

Good call, just barely missed it. Hit 102.982 which triggered my buy order at 103. My buy order to sell what I had bought before did not clear until another pip or two below my buy order

USD/JPY Discussion

Sell yet?

USD/JPY Discussion

You haven't been on here in a while now. Welcome back.

USD/JPY Discussion