Brilliant post mate. It's a dangerous game to go short right now. I know you believe the pair is most likely going to hit 80 and your probably right but I think I'll wait for a break of 84 before I get in on it.

USD/JPY Discussion

I'm thinking about going short on the UJ but there are still talks of a BOJ intervention. One thought though, could an intervention really make a change? Take the euro and the 1 trillion dollar bailout...I understand that was because the Euro was ...

USD/JPY Discussion

shorted EU — Just went short on the Euro. Hoping the reports tomorrow and Friday are horrible. Any ideas of what a really bad GDP would do to the EUR/USD??

EURUSD

shorted too early — shorted at 2631...too early. How much up side is there considering the ridiculous housing data out of the u.s?

EURUSD

went short on EUR/USD at 1.2628...looking a little dangerous right now but hoping it'll will take a few pips off over night or during the Asian session. Any thoughts?

The College Trader

In Simon Fraser University in Vancouver, BC. Been trading for 6 years, forex for about a year now. Looking forward to going over strategy with you guys

The College Trader

went short EUR at 2628. Hopefully there is a downside in the Asia session. What was up with the flight to Euro today with the downfall in the U.S markets? Is it just because of the horribly housing data from the states?

EURUSD

agree that BOJ will probably do too little too late. But it's not likely that we will see the pair go below 79.

USD/JPY Discussion