Thread: Discuss USD/JPY, GBP/JPY, and other JPY Pairs

Originally Posted by chckchck

i went long there bc ther wasn't any pull back on the move yesterday so i was thinking there may be a shallow pull back from the 78 fib to around 144.10 144.40

if we under have closure from the 144,50, that is also the weekly candle the next week they will be bending the pair certain they exist reserves because we have a lot of instability with the subject of elections



it was careful they have big impetus the sellers

Originally Posted by mihaia2002

Remaining LONG... -9 pips now... keeping strong... had quite some profit this week, and i am willing to give some back if it goes against me

mihaia

you closed your which places?

$$$$$$$$$ Go Bears!

Woah! Confidence good yet still this falls. Go Bears.

Closed my small shorts frm 144.40 and now long at 143.85


The news is 3 mins away.

been hit again, have not learned my lesson from yesterday, went again my cross thinking it will reverse...

oh well...

Originally Posted by cool_fx

Closed my small shorts frm 144.40 and now long at 143.85


The news is 3 mins away.

woops, closed my long for 10+ pips loss. now short again.

target 143.50

13:52 UK EVENTS NEXT WEEK: General Election Dominates London, April 30 (IFR) - Next week"s key UK event is Thursday"s general election, with polling stations open from 7am through 10pm BST. Results from the 650 constituencies will come in from the early hours of Friday. More opinion polls will be published tomorrow (Saturday) through Wednesday. April"s manufacturing sector PMI will be revealed at 08:28GMT on Tuesday, with BoE consumer credit, mortgage approvals and money supply data ensuing two minutes later. April"s Nationwide consumer confidence index will be revealed at 00:01BST on Wednesday, with April"s construction sector PMI ensuing at 08:30GMT. April"s service sector PMI will be unveiled at 08:28GMT on Thursday. April producer price inflation figures will be released next Friday, at 08:30GMT. UK markets will be closed on Monday, for the May Day holiday. Robert.Howard@thomsonreuters.com

Originally Posted by MoneyManager

Sean, kudos to the DailyFX news team on getting that Bank of Japan CPI expectations info out quickly on the front page. Not only is DailyFX apparently first, but the information is not yet available on Bloomberg or anywhere else that I've searched (and I've searched a bunch). The 1:18 pm statement is all over the place of course, but the important detail from the 3:30 pm conference seems to be a DailyFX scoop. Nice goin'.

Edit: Not even NikkeiNet, a paid service, has it yet, only the boilerplate from earlier, like everyone else.

Yep, I passed on the kind words to them. They did a great job, I agree. Thanks for input.

Originally Posted by 4xer

$$$$$$$$$ Go Bears!

Stocks being sold, driven by Goldmans, Bank holidays next week, looming election. Obama soon to speak, could go back to 142.50 by end of day.

NO Positions...

Originally Posted by skydiver

Stocks being sold, driven by Goldmans, Bank holidays next week, looming election. Obama soon to speak, could go back to 142.50 by end of day.

SHORT @ 143.61 TP S1 142.45

SL @ 144.50

My thoughts on a graph, Whats yours

Originally Posted by skydiver

Stocks being sold, driven by Goldmans, Bank holidays next week, looming election. Obama soon to speak, could go back to 142.50 by end of day.

I agree. It is rare that the GJ reverses on a friday after it picks its direction after US news. Ive been burned so many times trying to reverse it. I am letting these shorts go!

No technicals on this call just my gut but in 2-3 hours you will see it accelerate to the direction it took (downside) as the trading slows.

Goodjob Skydiver! I am glad you made good pips. This week was very good to my acct.

ADD- Here is the Dead Cat bounce then down some more!

Dear All,

Good to see 145 holding well and price below 144... My small long position from 144.25 was stopped out at breakeven and my additional short at 144.75 was filled sometime back... now holding short position with average price of 143.50... let's see how it rolls..