Could you explain a bit more what you mean by manipulation by BOJ? Afaik they want yen weaker, unless I'm missing something.

USD/JPY Discussion

I think the weakness in USDJPY in past few hours is due to the worldwide selloff in equities - especially the US and asian markets. There is an uncanny correlation there. Not to confuse correlation with causation, but I think this might be due to ...

USD/JPY Discussion

Got in at the shittiest price ever... but I guess I'll keep on holding. Stop at 120.592 but if I have to use it I'll be fucked, lol.

USD/JPY Discussion

Yen is just broke where are we headed to now. I'm hoping 123-125. Or is this a false break and we're headed back down to "normal" levels? What is your positions?

USD/JPY Discussion

The price action over the last 1H bar has been amazing. Does this mean breakout above 121.80 level is in the cards?

USD/JPY Discussion

It looks like this latest downtrend of the new week on the GBP has much more conviction than anything we've seen since Friday. I think that means that 1.514 is a fairly convincing top, in that case, in the short term. The question is, will this ...

Cable Update (GBPUSD)

For me, the GBPUSD is one of those "jackpot" style positions right now. That is, if you're short it, while its not making news or doing anything major, you're probably going to be slowly losing money, or at least not doing as well if you had been ...

Cable Update (GBPUSD)

As an asset class, being long the US Dollar index is a great alternative to holding cash when swaps are positive... you get to use most of your dollars in other investments, while having all the same hedge as cash in a liquidity collapse, only more ...

EURUSD

Just bought some, thinking we're headed for parity. Crashing EURUSD and slightly bullish EURCHF can only mean one thing for USDCHF...

USD/CHF

For short term trades, looks like we're at a small resistance point for the euro. If we are go up from here, probably headed to at least 1.087. EDIT: and it broke

EURUSD

Having a slight crisis, went short this pair near 130.95 (impatience) and now doubting the idea altogether and I'm getting very little input on this pair from forexfactory... what do you think is my best course of action. I've currently got a sl at ...

EUR/JPY

This. Everybody brave or crazy enough to be short this pair should have stops near 121.8 and maybe even take the reverse trade. A break would be huge.

USD/JPY Discussion

Just wondering, what makes you say that? Granted I'm pretty new to this, but the way I see it we're headed to sub-1.5 before anything higher.

Cable Update (GBPUSD)

Another trader from Cali here... norcal though Taking a short position here too, I'm looking at the H1 chart, seems like 182.41 is a reasonable stop for a short term trade like this, yes?

(binned per thread starter’s request)Asian and London Section In

Just took a very speculative short position here for a short term pip grab... hopefully. Stops at 182.41 lets see how it goes.

Dragon Riders GBP/JPY

Honestly, I'm a bit surprised about the strength with which GBPUSD came out of the weekend. I expected a larger gap down. The good news is, for the short term I'm looking at the H1 chart on GBPUSD, and I'm heartened that this chart looks so bearish. ...

Cable Update (GBPUSD)

Looking on the GBPJPY chart, I'm betting on a downside move for the pound. Going short if we break below 1.5, in which case we're likely headed to around 1.425. I have a small short open now too, will be looking to add to the position.

Cable Update (GBPUSD)

So verdict is large gap down on open? Historically its made sense to sell into those, even after the gap.

EURUSD

We're making a rounded bottom on the H1 chart right now. Perfect time to buy and enjoy nearly 100 pips of profit.

EURUSD

I think the its headed down whether the japanese like it or not. The US simply has a lot more power to work with, and the technicals are clearly on the side of the US as well. The bounce off of 110 was strong and the upward bounce off of 105.X was ...

USD/JPY Discussion