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- Demon Bane replied Aug 4, 2011
Any down will be short-lived...I'll exit with 30 pips for any selling orders....85.00 is likely the ultimate target....but for now, I'll be betting on short-term trading....Since BOJ had intervened, it'll be hard to tell who will win this ...
USD/JPY Discussion
- Demon Bane replied Aug 4, 2011
80.50 will be alot of sell orders....from major corporations....not retail traders....So is 80.20....which you knew already....
USD/JPY Discussion
- Demon Bane replied Aug 4, 2011
Basically I'm playing very short term based upon some bank dealer's info and 00/50 levels....so far have been profitable....
USD/JPY Discussion
- Demon Bane replied Aug 4, 2011
I already shorted @ 80.20.... exited @ 79.83....will short again if 80.50 reached....
USD/JPY Discussion
- Demon Bane replied Aug 4, 2011
80.20 reached, no sign of weakening....BOJ won the markets....major corporations a no go....there are some selling....will it be strong?
USD/JPY Discussion
- Demon Bane replied Aug 4, 2011
Wow almost 80.00 already....BOJ run out of steam.... Some corporate sell orders near 80.00/20 area.... Who will win this tug of war? Lets watch....

USD/JPY Discussion
- Demon Bane replied Aug 4, 2011
I made some pips riding the wave up....now have no position, awaiting NFP....
USD/JPY Discussion
- Demon Bane replied Aug 3, 2011
Exited @ 77.30....seems like turning bearish.... ADP news should move it...
USD/JPY Discussion
- Demon Bane replied Aug 2, 2011
85.00 is likely if 76.00 dun break....I'm bullish with USDJPY now....went long @ 77.00, now making some pips....

USD/JPY Discussion
- Demon Bane replied Aug 2, 2011
With HSBC firing 30,000 bankers, the economy is generally bad...there's no reason for USD to bull much....and BOJ / G7 will not want to lose $ also...I guess the best bet is to watch first... At this juncture, it can either go up or down...
USD/JPY Discussion
- Demon Bane replied Aug 1, 2011
Is it a strong reversal or another disappointing small bull ? Only time will tell...looks like still ranging...I'm staying out.
USD/JPY Discussion
- Demon Bane replied Aug 1, 2011
unimaginable if it breaches march lows..[/quote] What will happen will happen...I'm staying out until there's some kind of a direction....now its just ranging...
USD/JPY Discussion
- Demon Bane replied Jul 31, 2011
Basically the USD is very weak....even with good news, the USDJPY just spike up alittle then retrace back down... overall USDJPY is still weak....more downside expected....
USD/JPY Discussion
- Demon Bane replied Jul 31, 2011
The USDJPY went up quick....any signs or news of BOJ intervention ?
USD/JPY Discussion
- Demon Bane replied Jul 30, 2011
I am not an expert but I always trade with a SL... why u didn't put any SL ? This pair can go very low towards 76.00...My advice to you is dun play "locking"...a mistake is a mistake...next round please put SL... I still think 85.00 is possible if ...
USD/JPY Discussion
- Demon Bane replied Jul 30, 2011
76.00 will hold ? — 76.00 will be tested and hopefully will hold for now.... Next week I expect the BOJ to do a coordinated intervention with the G7....possibly push the pair towards 85.00 or 90.00 level ? We shall watch with ...
USD/JPY Discussion
- Demon Bane replied Jul 29, 2011
So you are looking @ 70.00 ? I'm quite certain 76.00 will not break...BOJ won't allow it....
USD/JPY Discussion