Are you not paying attention to the news and what the bankers are saying?

USD/JPY Discussion

Your posts are always hilarious.

USD/JPY Discussion

Nothing unexpected from Kuroda. FOMC is still the major fuse.

USD/JPY Discussion

Only way it's going that low is with a spike on the FOMC news. People, forget the past 8-9 months of low volatility and stop looking at this rally as an extreme. Broaden your timeframe to months/years and you'll see this is going back to business as ...

USD/JPY Discussion

Only if the Fed does something crazy unexpected like continue QE or delay rate hikes by 1+ years.

USD/JPY Discussion

Then the US dollar makes a correction and we continue the uptrend a little later. Even if the US slows its ascent, it's still ascending afterall, while Japan continues sinking. At this point, based on price action, fundamentals, and testimony, it's ...

USD/JPY Discussion

It's pretty simple speculation given what the banks have been saying. Yellen recently said rate hikes may come sooner rather than later, while GDP, unemployment, and inflation data have been hitting targets. Meanwhile, Japan is buying T-bills at ...

USD/JPY Discussion

FOMC rate decision is being priced in. Clear divergence in US versus Japanese monetary policy regarding QE. Even if we don't get a rate hike from the Fed this week, as long as they remain hawkish, this pair is going to 110+.

USD/JPY Discussion

Feels like it's time for the bulls to start taking some profits. This kind of unrelentless rally with no pullback, especially after 9 months of ranging, requires a healthy correction in order to survive the long term.

USD/JPY Discussion

This bull trend is too strong. Any possible dips from FOMC will recover and send it to new highs.

USD/JPY Discussion

At this point, I'm not even sure we'll even get back there, especially when a 50 pip retracement is all it takes to send it into new highs. This is Sept 2012 all over again.

USD/JPY Discussion

Bullish momentum seems to be waning as we move into yearly record highs at 106.8X, just 1 day before US unemployment data. RSI continues to diverge on sub-8HR charts, but is still trending upwards on higher time frames, suggesting an intraday top. ...

USD/JPY Discussion

Scalp shorting the close of the Japan and US sessions seems viable, but otherwise you should be buying dips.

USD/JPY Discussion

US exports to Japan makeup about 4% of total US exports, not really a big deal. Right now the Federal Reserve is concerned with managing their QE program.

USD/JPY Discussion

Wrong. BOJ wants a weak yen to help corporate exports. They're looking after the livelihood of all those poor executives first and foremost. url

USD/JPY Discussion

Previous short stopped out for break even. RSI divergence on the 4hr chart. Closed my long from 104.80 entirely at 106.30 and opened another small short @ 106.35, SL 106.50. Not expecting great things for the Yen, just waiting to reenter long at a ...

USD/JPY Discussion

Booking some profits and taking a small short at 106.15, expecting a correction down before US unemployment claims. NFP was worse than expected, this news may be as well.

USD/JPY Discussion

Australian unemployment is in a strong uptrend. I'm thinking this week's print will bring more bad news and a strong dip.

AUD/USD

But you're not trading long term. You're scalping 5 lots with high leverage for 30 minutes. Unless you have $1,000,000 in your account, that is stupidly risky. If you had held the trade an hour or two longer, you'd already be in the negative.

USD/JPY Discussion

That's not trading, that's gambling.

USD/JPY Discussion