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- brinks replied Dec 4, 2012
I'm still looking to add long at 81.70 as I'm long from 82.00 but am aware there could be a bigger pullback if there is I will keep adding on the way down.80.00 will be a main area for me if it gets down there again. When you say BOJ intervention I ...
USD/JPY Discussion
- brinks replied Dec 3, 2012
No real headway made on the fiscal cliff the Abe effect is losing steam could be a deeper pullback coming especially with the market so short yen. url
USD/JPY Discussion
- brinks replied Dec 3, 2012
from 82 its only been 25 pips. what i was trying to get at is its only moved away from 82 a bit if you still wanted to get in then its no big deal
USD/JPY Discussion
- brinks replied Dec 3, 2012
if your a scalper then yes maybe it was a mistake. if your longer term you could still get in now if you wanted to.
USD/JPY Discussion
- brinks replied Dec 3, 2012
I'm going to wait for lower or a break higher to me at the moment it seems a bit in no mans land
USD/JPY Discussion
- brinks replied Dec 3, 2012
yes this is what the post from forexlive is saying with the market so short yen it only managed a move up of 40 odd pips
USD/JPY Discussion
- brinks replied Dec 3, 2012
It is just showing how short the market is on yen. The red line joining the spikes down was the last time the market was as short as now mid 2010 and the beginning of this year. I think they are just trying to highlight the case for a squeeze of the ...
USD/JPY Discussion
- brinks replied Dec 3, 2012
The chart yen bears don’t want to see Written by Adam Button December 2, 2012 at 19:23 GMT Yen shorts are at a 5-year high. The weekly CFTC data released Friday show net yen shorts at 79K, a surge from 51K a week earlier. image The data is ...
USD/JPY Discussion
- brinks replied Dec 3, 2012
I dont know its just range trading at the moment isnt it?
USD/JPY Discussion
- brinks replied Dec 3, 2012
Yes i would just like to get in at better price thats all. I dont really like to go long at these levels
USD/JPY Discussion
- brinks replied Dec 3, 2012
Yes I think NFP is expected to be weak because of the storm so as you say may spike down but you never know. Also i'm wary of the japanese election buy the rumour sell the fact.
USD/JPY Discussion
- brinks replied Dec 3, 2012
I agree DaEdge thats were i'm looking. I dont want to get to bullish before NFP though Keep telling myself this is a short term uptrend that could turn into a reversal but hasnt confirmed yet.
USD/JPY Discussion
- brinks replied Dec 3, 2012
Thats good going
would be nice to have a better pullback this week to get in at a better price then a week of upmove before the electionUSD/JPY Discussion
- brinks replied Dec 3, 2012
Did you take any profit MisterSpread? I think we could be due a better pullback maybe around 81 is a good area. 81.67 is the first place for me
USD/JPY Discussion
- brinks replied Dec 2, 2012
How about taking a bit off and leaving the rest? I will be looking this week to add on dips.but i will see as Abe seems to be changing his mind url
USD/JPY Discussion
- brinks replied Nov 30, 2012
Hahahah i'm with you but its been a big move today for this pair 70 pips so far,has it got much left to go even when new york gets in
USD/JPY Discussion