Those swings on the daily chart are a couple hundred pips a swing at most. Not sure where you're getting 5700 pips from. url

USD/JPY Discussion

Would have used that little pull back earlier to get long instead of short. Looks almost identical to the last push to 110.70.

USD/JPY Discussion

It's been my experience that if the markets really worried about something you get much more than a 20-25 reversal either way. Just a little speculation.

USD/JPY Discussion

I'd wait until around 110.55 to short. To me it looks like you're getting short right in the middle of this upward move.

USD/JPY Discussion

The only thing I said is it's traditionally seen as a safe haven. Common sense tells you that am's are buying the dips, but that's because there's really nowhere else to put your money with yields as low as they are. Everyone already knows this. ...

USD/JPY Discussion

Side note. 109 -108.75 has been a safe buy and really this sell off isn't being driven by fundamentals. Also most major investors/traders have an eoy target of 113/115.

USD/JPY Discussion

The easiest way to put it that most people understand is that if people are fleeing to safe haven investments they are purchasing bonds causing yields to go down. There's "demand" for bonds. That's what qe is and how the fed keeps rates low. They're ...

USD/JPY Discussion

Nice looking bullish flag.

USD/JPY Discussion

You typically see big swings like this in bottoms or tops and it should be backed up by the fundamentals. 108.75 is probably a pretty safe buy.

USD/JPY Discussion

You pretty much hit the nail on the head. Sometimes they don't strictly correlate so there's little or no effect on uj or cable, but that can have to do with futures maybe offsetting rates or vice versa. When dollar futures and rates are taking a ...

Cable Update (GBPUSD)

Only long positions for gbp/usd.

Cable Update (GBPUSD)

That's from 4/28 in uj forum. Not a bad call.

Cable Update (GBPUSD)

Anybody going long usd by shorting gbp/usd is doing theirselves a disservice by not watching rates on the 10 year. Rates dropped at market open. Usd bear trap.

Cable Update (GBPUSD)

Are you watching the futures or cross pairs? We're seeing two different things apparently.

Cable Update (GBPUSD)

Just an opportunity to buy gbp and sell usd for me. Shorted another 50,000 units of usd/jpy at 108.95. Gbp/usd longs look soooo perrrtyy.

Cable Update (GBPUSD)

Looks like its consolidating for a push higher to me. Same thing happened back in April. Look at how it rides the Bollinger bands on the daily chart. It's also consistently bouncing around the 50 mark on rsi.

Cable Update (GBPUSD)

Hmmmm. Look at dem buy orders.

Cable Update (GBPUSD)

Just produces clean charts for scalping. Easy to see s/r. Double tops, double bottoms, harmonics, etc

Cable Update (GBPUSD)

Range bars set to 5 pips and macd idicator.

Cable Update (GBPUSD)

I mean it could test the flat bottom at 1.4125 but the dollar is weak. Plus its just riding the Tenkan - Sen as support on the daily.

Cable Update (GBPUSD)