USDX retrace still going on supported by positive SP-futures, might see levels around 77.50 giving better short entry levels for GU, just a thought....

Cable Update (GBPUSD)

Well in this case it was just understanding UJ correlations This explains a lot, thanks very much, you have great sources! Following my own correlations I would suggest USD will indeed undo part (if not more) of this move prob. hurting UJ again

USD/JPY Discussion

ah, thanks Beljevina but I must confess I do not understand why this has positive influence on USD I could see a positive influence from that on Yen though....

USD/JPY Discussion

USD/YEN is going down because YEN is going up faster then USD is

USD/JPY Discussion

a sudden drive to risk-aversion driving up both USD and YEN is the only explanation I can find

USD/JPY Discussion

Closed my longs @ 81.50 Even with USDX rushing upwards it can't hold up it's astonishing

USD/JPY Discussion

so at previous intervention most traders were bearish? Don't think so.....

USD/JPY Discussion

Don't think %-longs is a relevant factor for BOJ Yes, it takes time to form and recognize a bottom

USD/JPY Discussion

Tend to agree if up move of USDX halts, there really is no Yen weakness yet....

USD/JPY Discussion

All going well, just would be more confident if there would be some Yen weakness, atm it's all USD strength carrying this up move....

USD/JPY Discussion

Thanks for your view, not criticizing but why would you be surprised not seeing all time low? I'm trying to get grip on this pair lately and some of my observations: 1. QE2 chances in US are in price, USDX reached long term LTL @ 76 was respected ...

USD/JPY Discussion

Trying to be confident: UTL H1 broken, now looking for 81.7 200-SMA and 82.06 38.2% retracement H1: image

USD/JPY Discussion

Lets assume it takes a lot of effort to turn a 15 year trend Wished I shortened GU thats 50 pips against 5 pips on UJ

USD/JPY Discussion

Well, looking at USDX, the relative weakness I saw on Yen is only relevant when USDX drops, when it rises its relative strength, so the only thing I can imagine is that certain levels on the downside (81.13) are actively protected.

USD/JPY Discussion

well I've entered some longs averaging 81.20 with 81.10 SL I know SL is ridiculous tight, but the support around 81.13 is so clear and strong today, it might be a spectacular R/R Further it looks like USDX is trying to establish some short term base

USD/JPY Discussion

Finally I seem to notice some relative weakness of Yen compared to USD. I know it's petite, but it is something. Together with the bullish divergence on monthly, it could be a start.... image

USD/JPY Discussion

and yes, stopped again, waiting for next level to try again

USD/JPY Discussion

Happens to everyone including me, you come out better though! My recipe don't hurry to correct it

Cable Update (GBPUSD)

Saw a training video at fxcm and it looked pretty simple and nice. 2 TF's one for chosing trend and the other for signal triggering. The channels consist of highest high for chosen number of periods and lowest low. Just looking for someone with ...

Cable Update (GBPUSD)

anyone here familiar with Donchian channels?

Cable Update (GBPUSD)