A step back in the currency time machine...interesting read, verbiage sounds familiar..what's interesting is the price of the Yen, however they manage to survive...(the US currency was trading at about Y85.35) Japan’s PM warns of more action on yen ...

USD/JPY Discussion

Yada, Yada, Yada, new leadership in Japan will change, so intervention may be on the table again with a new PM (recent statement from Japan, we will do what we want with our currency)...USD current whipping boy of the currencies just the way our ...

USD/JPY Discussion

Yen is smoking across the board, what taking profit and reloading as the new regime may demand intervention? wishful thinking

EUR/JPY Anytime!

Just want to say, great indicator I have been using it this week on a seperate chart, great visual aid for noting consolidation, I like the addtion of the buy/sell and target references.

Extracted Thread (per thread starter's request)

Punched out at 76.85, didn't like the way the new 15min candle is forming looks like a double bottom and getting close to my 60sma at 76.81, which many times acts as resistance, impatient, but would rather take profit then a loss...(already took ...

USD/JPY Discussion

May be to soon, but attempting a short position 77.03 SL 77.30 with a target of 76.75 a bit lopsided, but we will see. (I say a little to soon as I should probably let the Asian markets warm up a bit, as I write this it is moving against me)

USD/JPY Discussion

Should we start a Japanese intervention poll, winner receives a free trip to Japan and lunch with Noda or maybe an intervention T-Shirt that says I rode the wave and now I'm a millionaire

USD/JPY Discussion

How about no fear, no greed, follow your system or technique and always use stops...Greed Kills just like speed

Daily GBP/JPY analysis

Well I can say I'm a bit confused and about to sideline myself from the Yen, I have one small long position a bit underwater....I have enjoyed playing the range...however want to see some direction taking shape especially after the down grade and ...

USD/JPY Discussion

Well I just punched out at 76.55 as the price actions was bouncing up and down off of my 24ema and 60 sma, so take the profit and look for another entry I actually got out at 76.60...slow internet and slippage, BASTARDS!!!!!!!!!!!!!!!!!!

USD/JPY Discussion

I can see what you are looking at with the fib retracements, my pivots and S/R are from an indicator named fibo grad, my 23% sits between my R1 and R2 on a 4hr chart this is from the extreme high and extreme low during the previous intervention. ...

USD/JPY Discussion

Well it is true the highs and lows are normally made on Monday the first day of the week and sets the trading range or trend for the week, another 35mins and Japan will open, probably a small spike up and then down unless intervention. Of course I'm ...

USD/JPY Discussion

Well I just went short at 76.77 (spread 3 pips) SL at 77.05 and target at 76.50, with this move up over the weekend I collected about 35 pips on a long, so taking the short and will reload long below 76.50.....

USD/JPY Discussion

Ok I just wanted to be the first and last into the new weekend to bring up the gap issue, now it is out there so no need for anyone else to post about the gap issue

EURUSD

So essentially if the markets are closed then there is an opening gap correct?

EURUSD

Yeah cause you never know, tight stops, tight stops Aug. 19 (Bloomberg) -- Japanese Finance Minister Yoshihiko Noda said currency-market intervention needs to surprise and he's ready to act to stem gains in the yen that could derail an export-led ...

USD/JPY Discussion

From FXCM on Twitter — Seems JPY unchanged no reaction up or down? Too soon? $USDJPY: A 6.8 magnitude earthquake has hit Japan's northeast. A tsunami warning has been issued for the region.

USD/JPY Discussion

May be a technique to keep the bears under control, I think the BOJ likes this range bound price as long as it doesn't sink lower they are happy just voicing their concern LOL...I'm out of all of my USDJPY positions and now long on EURJPY although ...

USD/JPY Discussion

Yup, I'm just frustrated so I closed out my USDJPY trades, however have two short trades open on EURJPY, it would have been nice to see it drop, looks like I will be hanging on too these for a while, yes hopefully it does stick to the range bound ...

EUR/JPY Anytime!