Ok, this is too obvious for anyone, but currency trading itself is highly speculative in nature. Whether this news comes from a small reginal bank or whatever, it could more or less impact the psycology of the speculators once it came out as news.

USD/JPY Discussion

Oanda says "one large US bank." I doubt if it is a credit union. Other news source states that it is a major investment bank. That is why I am paying attention to this news, although I am not trading only based on this kind of news.

USD/JPY Discussion

Hmm...revealing who issued the sell recommendation is part of the verification process.

USD/JPY Discussion

Yes, it clearly says, "One large US bank..." I am wondering why the name is not disclosed this time.

USD/JPY Discussion

This news source comes from IFR Markets provided by Oanda. It says, "one large US bank issued bearish recommendations overnght, targeting a move lower towards the 105 and even 104 handle in sessions to come."

USD/JPY Discussion

That IS my question.

USD/JPY Discussion

A major investment bank has issued a sell recommendation on USD/JPY. Does anyone know which bank has issued it?

USD/JPY Discussion

Can someone please locate who is playing around with the algorithmic trading, and get it turned off? It looks like they control the market.

USD/JPY Discussion

Update — So far, it looks like this incident has not had much impact on the currency market, especially, USD/JPY and other Yen crosses... url Japan Protests Taiwan Ships Entering Disputed Waters (Correct) By Toko Sekiguchi and Takashi ...

Implication of a conflict b/w Taiwan and Japan

Nobody knows when this bull trend ceases. But do not worry. I am playing this game with a tight stop. I am only trying to get 5-10 pips, sometimes 20 pips or more if I were lucky for one trade. I never go to bed with open positions as I am not ...

USD/JPY Discussion

I did not know about checking 13ema on the 15 min chart, but instead I always check the tenkan and kijyun line of Ichimoku to find a support line after a price breakout. The pair sometimes bounces off when it gets to the center line of BB on the 5 ...

USD/JPY Discussion

Just keep buying on dips on this pair with a tight stop. No shorting unless you dare to do so. Don't expect it to fall like it did in March whatever those so-called fundamental traders or currency analysts say.You would miss thousands ...

USD/JPY Discussion

Hi. I appreciate for your advice. I have just noticed that all the negative news lately have not affect the daily move of USD/JPY much. Even if it came out, it just bounced back like it did on last Friday and today. I guess this pair will ...

USD/JPY Discussion

Since I stopped going short USD/JPY, I have been able to improve my win/loss ratio. Just looking at the chart, I wait for a retracement, and go long with a narrow stop. That is what I have been doing for the past weeks. It works.

USD/JPY Discussion

If your thought is random, the market looks random even if it is not. If your thought is not random, the market does not look random even if it is. It all depends on how you see the market.

Is the market random or not ?

Closed at 1.5753 as planned, and earned 73 pips. I was only expecting it to close the half of the gap. It was an easy and safe trade url

EURUSD

Bought at 1.5681 on this dip. My target is 1.5753, which is 50% of the gap.

EURUSD

How can you be so sure? It is not a matter of "by when" but "at what price level," I think. Unless the pair goes down below 80 yen, BOJ will not intervene. Period. Nobody knows when that happens.

USD/JPY Discussion