Decrease your size. This move has been going on for over 3 weeks now. You could very well be catching the tail end of it. If I was you I would start scaling out into any strength then take a step back & regroup.

If you love the EUR/JPY and you know it... clap your hands!

I'm guessing Abe will announce it tonight. I think this recent selloff is a bit of profit taking & some reaction to white comments about fiscal cliff negotiations regressing mixed with a little stop hunting to shake the weak longs. Lately is all ...

EUR/JPY Trading Room

Pretty aggressive shake out of the longs here.

EUR/JPY Trading Room

Easing could start as early as tonight depending on how aggressive Abe wants to be.

EUR/JPY Trading Room

Hopefully this is just the beginning of it.

EUR/JPY Trading Room

Probably because most focus to much on there strategy & trying to perfect it so they will have the holy grail. What most don't realize is the holy grail is sound money management & patience.

Aussie Trading Room and Cartoons Gallery

Agreed especially if Abe lives up to his word & begins easing immediately we could see some additional serious upside momentum before the end of the week. We also still have the fiscal cliff looming all these bs headlines back & forth are nonsense ...

If you love the EUR/JPY and you know it... clap your hands!

140 definitely seems like its in the cards this week especially if Abe lives up to his word & begins easing as early as tomorrow.

GBP/JPY

I've been reloading on any weakness after US close for the the last 3 weeks & it has worked out very well.

EURUSD

Interesting to see that for almost the last month both gold & the usd have been going down in tandem. That inverse correlation is way out of sync and it appears that there a huge seller in gold. It will interesting to see how much longer that can ...

All Majors and Gold

It depends the markets are trading very light volume this time of year & pairs tend to float upwards when liquidity is low. We also still have the fiscal cliff which hasn't been resolved yet. I'm fairly certain that will be out of the way by the end ...

GBP/JPY

I agree that 112.00 seems extremely aggressive, but there banking on massive amounts of easing as well a large increase in volatility which will cause the daily ranges to get much larger. We do have to keep in mind the higher the price gets the ...

USD/JPY Discussion

I've been long this pair almost 3 weeks now & have been adding in on weakness & booking profits on strength just trading around a core position. I don't have a set target yet I'm just adjusting my stops daily and waiting for the market to tell me ...

EUR/JPY Trading Room

Very nice sir Glad to hear your still holding some as well. I've closed a fairly large portion of my positions but will to continue to hold what's left till my stops are hit, still debating on whether I want to commit to buying the dips ...

USD/JPY Discussion

Well done sir

USD/JPY Discussion

Hope all is well Sir. It's been pretty quiet overall on these yen threads I'm guessing a lot of people are winding down for the year, I'm in the process of doing it myself. Hope you kept a little runner on just for a little extra padding for the ...

USD/JPY Discussion

Thank you sir. Same here I'm watching the daily closes and as long as stay above the levels we just breached Ill continue to raise my stops accordingly. I hope to be flat before the holidays but it all depends on the PA if it keeps moving in my ...

AUD/JPY

extremely fast as well

EUR/JPY Trading Room

Were looking at some major gaps on the open depending on how large they are it might present another great buying opportunity. I am looking to unload about 40% of positions into this gap then Ill look for weakness to buy more. BOJ is expected to ...

GBP/JPY