H1 chart: EMA.20 is climbing sharply while mean line is horizontal, with intersection about 6 hours out if no break before then. If UJ goes up, it could happen before reaching EMA.20. If UJ goes through EMA.20, then possibly a cowardly retreat, ...

USD/JPY Discussion

YES! An excellent summary: skyrocket, sink, & consolidate. Unfortunately, I cannot help you with the actual sequence. "The trend is your friend, 'til the bend at the end." Upon giving it some more thought, I like the A-B-C sequence.

USD/JPY Discussion

A longer-term issue: yen is a walking dead man. Debt and demographics catastrophe is unavoidable for Japan, worse than the European situation.

EUR/JPY

It fell just through EMA.20 on the H1 chart at 147.73 in previous hour, looking weak.

EUR/JPY

My long went limit out at 119.25 this morning, now wondering how/when to get back in long. Yen is a dead man walking.

USD/JPY Discussion

H1: drifted above EMA.20 at 118.36 however, not showing momentum right now

USD/JPY Discussion

M15: price broke below EMA.20 at 147.15 & continues down. IMO, J leads E in the big race to the bottom. It looks like the immediate down move will continue some, but I will not short it.

EUR/JPY

Limit out (tp) at 146.75, so missed further advance beyond 147. That's the problem with having to sleep.

EUR/JPY

H1: eased above EMA.20 at 1.5660

Cable Update (GBPUSD)

on M15, EJ crossed EMA.20 at 145.76, holding so far took small long at 145.89

EUR/JPY

Right on. BoJ is driving the market, so charts cannot be all that reliable. Weak yen may be good for 'Japan', but terrible for people: oil, gas, lumber, coal, steel are all more expensive in yen. Not what people in a stalled economy need.

USD/JPY Discussion

Older peaks: '98 147 '02 135 Fundamentally, Japan is fiscal toast--why not 200

USD/JPY Discussion

In 2010 July the Dodd-Frank bill became law (Dodd–Frank Wall Street Reform and Consumer Protection Act). Us plebs in the US could trade gold and silver on margin in the cash market. I was doing that, hoping to earn a living from it. Then it was ...

Banning All Retail Forex In The United States?