I take it you're no longer in A/J still right?

USD/JPY Discussion

Right. CAD/J for that matter too. Feb 28th all over again..

USD/JPY Discussion

Yes, I have both of those same trendlines and levels of potential support. If this is the "great unwind", then both are fair game. I think most of the pressure is coming from N/J after the RBNZ rate hike. 2.2% is huge move off that carry pair. G/J ...

USD/JPY Discussion

The selling doesn't appear to have reached a capitulation point yet. A LOT of technical & fundamental damage was done today. It's quite risky to bottom feed, even for a scalp, it's having a very difficult time finding a floor. Looks like it's trying ...

USD/JPY Discussion

True, fundamental landscape turned really nasty this morning. I'm forcing myself on the sidelines on this pair today. Should have reversed when the 200-day was broken; hindsight is 20/20.

USD/JPY Discussion

There that goes. Left a stop just under the 200-day. Didn't think it would fall yet another 50 below that. This just got pretty ugly. I may have to revert my targets back to 117 and continue to short. Hard to say whether this is panic blowoff ...

USD/JPY Discussion

Sure about that? I think I may have jumped the gun on that reversal trade. Dollar is rallying across the board, but G/J and E/J selling is hammering U/J.

USD/JPY Discussion

On the intraday scale yes, I'm looking 1-3 days out, perhaps more.

USD/JPY Discussion

The 200-day SMA magnet came to fruition and we got the test I was looking for. I closed short & went cautiously long. The USDX also bounced nicely off of 80 and is showing the first buy signal in 2 months. Any other takers on the long side reversal?

USD/JPY Discussion

True, but we did have a nice test of the 200-day SMA that I was looking for (came within 3 pips). Also, the resurgent strength in the dollar today is moderately bullish for the pair so long as the other carry crosses aren't heavily sold. I'm turning ...

USD/JPY Discussion

The link in the first post showed real-time position bias (long/short). This link shows 2-week historical figures of the same data. I can't find anything that goes back any further, but I've been following the 2-week ratios for some time on all of ...

USD/JPY Discussion

I'll be the bear who sees USD/JPY falling to trendline support @ 116.50 if the 200-day doesn't hold. Although I'll be buying should we successively test the 200-day.

USD/JPY Discussion

Retail has been overly long every USD pair the whole way down, USD/JPY is no different. Take a look at Oanda's statistics. USD/CAD was 80% long for the past 900pips down. Shorting the dollar is like shooting fish in a barrel, but retail keeps ...

USD/JPY Discussion

You'll find great liquidity in FX futures at all hours in any of the majors. I don't trade news, but the liquidity is there (though as already mentioned, don't try to beat the institutions at the news trade). NZD is the only contract that is really ...

Futures vs Forex. Who is more liquid

This is beginning to prove my earlier theory that marketwavez is on crack..

USDCAD trend reversal?

Senior member and no use of the search function? SeekingLight, for shame.. url

USDX artificial chart / indicator for MT4

Also from DailyFX earlier this morning: "Intraday charts show a head and shoulders pattern forming from the beginning of June as well. The pattern is confirmed on a break below 120.75. The next level of support would be the 50% fibo of 115.14-124.13 ...

USD/JPY Discussion

200-day SMA magnet draws nearer..

USD/JPY Discussion

Spread-commission (dealing desk) brokers are a dying horse, go with ECNs. ECNs make this discussion irrelevant.

Do you really think a broker will let you get away with that?