i also think any big bank, not only central banks have all data all the time...weekend might actually be the best time to do such intervention that obviously everyone is waiting for..noone can short it!!!!!

USD/JPY Discussion

what a gap wud that be wonder whether ppl wud try to play the ''closing the gap game'' hahahahaha

USD/JPY Discussion

hmm — i smell something fishy.. since monday, at 11 gmt yen always weakens as if someone was trying to start a rally or its just taking stops. nonetheless yen makes high, everyday lower high and lower low. today no lows during eu/us session ...

USD/JPY Discussion

my bet is on some sl taking and off we go with a hammer so biig

USD/JPY Discussion

i agree.. we made a nice high yesterday then long way down.. we made a nice high few hours back, uj is back down. i m out atm but have a short usdchf..but with more and more talk about intervention etc, i am not convinced downtrend will continue. ...

USD/JPY Discussion

yes if yen continues to be so desired, but noone really knows when...i hope soon

USD/JPY Discussion

w formation on 5 min — interesting. lets see what happens..few hours till pmi could see some ranging before till then..also usdchf is making hammer on hourly from yet another low

USD/JPY Discussion

yaa..i had 80 pips but sl to be and they gone looking for another long, i might do gbpjpy instead pmi comming out could be ugly like friday

USD/JPY Discussion

very likely but i think it will not get there. all other usd pairs had closed alread but uj not...now us will wake up this should help a little...also some euros will get sold, take the spotlight away from dollar

USD/JPY Discussion

gap trading — ook so usdchf has already closed the gap like its customary..but jpy still 40 odd pips off..i think we will have a reaction here at the daily low (77,2 was an important level last week too), stops just below

USD/JPY Discussion

good —

USD/JPY Discussion

similiar here i have tp 80 dead but then buy orders at 81,3... in between i have no idea what can happen. 77,25 now btw

USD/JPY Discussion

yes good early signs... my broker now open bid at 76,99

USD/JPY Discussion

Any us resolvement,even If short term, will ease the buying of jpy,chf and others. If so intervention will be maximised. Long term cud very well be differrnt but i really doubt us wud default.this is too big of a gamble for stubborn politicians to ...

USD/JPY Discussion

Fair enough but everyone knows japan can not afford this kind of strenght. This has been their policy for a long time and is not going to change until they stop declaring they are export led economy. Noda said a lot in past week and mentioned if ...

USD/JPY Discussion

Buying rumor selling news — I m long personally gambling a little on the gap. From my view intervention is to be more feared than market movement. I too pray obama will slap his boys and sort the debt ceiling vote. The technicals dun look so ...

USD/JPY Discussion

what parameters u using?i found that it is very helpful to not finish at 7am, but 6 45 am, as all the funky stuff starts happening some 10, 5 min before the open

0400-0700 GMT Breakout Strategy

not really since my backtest lets me set up a wide range of parameters. so i can test endless possibilities.i have tested only gbpusd, optimised parameters in terms of p value, profitability, drawback etc....results i got were some 7000 pips in ...

0400-0700 GMT Breakout Strategy

Box breakout Backtest — i have a backtest available for anyone who wants to test this strategy.lets you set the times, buffer, tp and sl. i did it for my dissertation, it works. If anyone is interested pm me

0400-0700 GMT Breakout Strategy

well it came 20 min too early

EURUSD