My average long is 84.8. I will hold it for some time. But SL is around 80

USD/JPY Discussion

Haha...I like that. but be careful about any short positions over the weekend

USD/JPY Discussion

I think there is an economy war going on. China is buying debts from US and Japan and can dump them as needed. Already no.2 and aiming to be #1 very soon. I need to read Sun zu(art of war) to understand this better.

USD/JPY Discussion

I have a suggestion to BOJ. It is better to intervene on a Friday afternoon when the volume is low. You can manipulate the currency with less burden

USD/JPY Discussion

The reason to highlight QE2 is to keep equities going up till election to create a fake feeling of growing economy. But the reality is different, any stimulus will make things worse in real and only benefit these 'too big to fail' companies. ...

EURUSD

bro, I am talking based on the data (spending/income etc) published today, not based on the reality in the ground. Sorry if hurt your belief

EURUSD

No QEII — Overall economy is doing good. Dont expect any QEII now. Equities cannot dream about QE to drive it up, but instead will be driven only by the growth.

EURUSD

Its ok lah......Still trading within my MM limits

USD/JPY Discussion

...I am on the 95 percentile of traders.. struck on long UJ waiting for action from BOJ. I rarely trade on news and this is one of those times

USD/JPY Discussion

It will surely go down...for every 50 pips up, it moves 100 pips down. I am tired of this pair

USD/JPY Discussion

I thought the tail pointing upward mean the animal (bull/bear) is trying to run down wagging the tail. hmm..I believe things are going to get worst in Europe today and that will make it run down harder ....

AUD/USD

End of the month the Jap companies are unloading their USD to take home the Yen. All the reasons for BOJ to move it up for companies to take advantage. I am hoping for some UJ bullishness now

USD/JPY Discussion

Are they bunch of clowns? Going to push it up by 50 pips and then drop another 100 pips. I lost faith in BOJ

USD/JPY Discussion

haha...they look like clowns. shhh...i will keep the secret.

USD/JPY Discussion

huh...BOJ intervention???? — Saw japs are dropping loads of currency into the pacific ocean...not sure which one...may be bought loads of USD...BOJ intervention is coming

USD/JPY Discussion

With the positive tankan data, usually UJ will move downaward. But now, I beleive BOJ is carefully watching this and hence all the chances of UJ going up. Good luck mate!

USD/JPY Discussion

Dont scare me............ — It shows the minimum was 82.8 atleast for 8 hours and then back to 84.2. Dont scare me............

USD/JPY Discussion

I think the 'big player' got the news that china stopped rare earth exports to Japan and expected the China/Jap row to get worst. He did not expect Japan to release the skipper and not to blow up this further. lol....

USD/JPY Discussion

Lost 50 pips on UJ long. Thanks for BOJ I am planning to go short once the 84.2 breaks down. Anyone with me?

USD/JPY Discussion

I think this time the govt will not directly intervene like the last week's. This is because Jap PM is meeting Obama today and he doesnt want to complicate things which will give an upper hand for China in talks with US on Yuan appreciation. The ...

USD/JPY Discussion