NO CHANGE. The pair is COOKED.

Dragon Riders GBP/JPY

It appears institutions are already tiptoeing out the door on their long positions. No announcement yet.

Dragon Riders GBP/JPY

Stand by we are ready to rock and roll.

Dragon Riders GBP/JPY

I am just very suspicious of the upward move today with USD/JPY at 120 already. Data was good this week for Japan also so that takes some urgency to ease right now out of the equation. Also inflation is present although the 2% target has not been ...

Dragon Riders GBP/JPY

If the BOJ eases further 192 sounds like sweet music to me. I will surely close the short and ride with you because there is no fighting it.

Dragon Riders GBP/JPY

I'm still short from 184.22. That move last night may have shivered a rookie but not me. Looks like they are getting shorts out of their trades and making long believers out there so they can dump it on them.

Dragon Riders GBP/JPY

Dark cloud only see one cloud...................Friday pair turn to rice porridge no good. Drippy. My 3rd sell entry since last Friday. This one at 184.22

Dragon Riders GBP/JPY

Not possible anymore Jon. The ECB QE program is very aggressive. Much more than any rate cut the Reserve Bank Of Australia can come up with in 2016. After 1.49 is hit the weekly shows 1.44

EUR/AUD

Here are the fundamental parts of the equation thus far. Bank of England rate increase buzz has been killed. UK prelim GDP weak. Bank of Japan, 2 stimulus blasts so far. Another on Friday good for exporters. With yen pairs as high as they are now ...

Dragon Riders GBP/JPY

Sold again at 184.88

Dragon Riders GBP/JPY

Get ready sellers to do it to it again. Kuroda will not act. No action from the Bank of Japan. BANZAI!

Dragon Riders GBP/JPY

I'm short here at 1.5516. Great pair to trade.

EUR/AUD

The sell from 186.02 was okay. Closed the trade this A.M. It's 19 day run upward came to an end. As the day drew closer to reveal preliminary GDP numbers even media pundits before the release foretold growth would be weak. Not going to be raising ...

Dragon Riders GBP/JPY

Scalping is not my thing now. Weekly levels, much more significant.

Dragon Riders GBP/JPY

Yes, of course it has this kind of correlation because when global equities rally and USD/JPY is catapulted up it is not dollar strength but yen selling that moves it. Parallel to this GBP/USD is bid on risk appetite. So if USD that is hardly strong ...

Dragon Riders GBP/JPY

186.02 Last Friday.

Dragon Riders GBP/JPY

I was trading options on the sell side and got totally blown out on the news release last Halloween. Oh yes, I recall that day.

Dragon Riders GBP/JPY

Thanks Ray, Then again it is up to the BOJ members to decide and it could be a total shock and awe event next Friday just like last Halloween. It's just now that we are closer to the release odds are inching toward the BOJ taking a pass this time.

Dragon Riders GBP/JPY

Staying short from 186.02. Not only Aso warning against further easing now. There is anxiety about weakening the yen further from these levels. Fears about reduced consumption as yen crosses too high could cause the consumer to close their purse ...

Dragon Riders GBP/JPY

It will be up to the Bank of Japan on Oct 30th to take it higher. The stories of new stimulus measures are resurfacing despite Finance Minister Taro Aso stating last Saturday on Oct. 17th that he doubted the move. url Will be a make it or break it ...

Dragon Riders GBP/JPY