Much more apt for this thread.... video

EURUSD

BoJ will be back. Probably tonight imo.

USD/JPY Discussion

Closed my short from earlier. Now entered first small long. (78.92) Looking for similar on GY.

USD/JPY Discussion

Just went long on EU based on some Yen strength. Risky, but worth it I think.

EURUSD

If we broke 42 to the downside, I would not risk a long at all. Looks like suicide to me, or at the very least not great risk reward.

EURUSD

I thought you were misunderstanding this, so i'll explain. 4375 is the upper end of the range, 4210 is the lower end. There is a 165 pip range in between. The general premise is that traders will look to short at the top end and go long at the ...

EURUSD

Fantastic. thanks. (43 ish?)

EURUSD

Seems a reasonable range to me, (except my lower limit would be 4170). It's only 165 pips. What don't you like about it?

EURUSD

H1 holds sway for me I think, especially when you look at the huge bearish divergence on UY. There are early signs that the BoJ are stepping back from the bid imo. Might rethink EU if we get to the 15m 618.

EURUSD

I hope that 4220 long would have a tight stop. If we break 4220, then a quick dip to 4175 looks likely imo. And if we get down there again today, I don't think it will hold. Btw, If I were looking to trade EU right now, I would be looking for a ...

EURUSD

In the cold light of day, EU is still rangebound. Choosing a trade based on EU chart alone could get you killed. Look at European bond spreads as well as DX and YM for a better clue where a trade might be.

EURUSD

Not entirely sure tbh. Somewhere in the 79.10 region would be reasonable. Big big bearish divergence with UY on the 30m TF and I am thinking that 80.2 is the short term top. Getting expensive to buy here imo.

USD/JPY Discussion

Took a short myself @ 79.98. Am looking to hold this one for a while.....

USD/JPY Discussion

This isn't your blog.

EURUSD

I got lucky and took +37. Dollar Index flying still, so any more shorts risky.

USD/JPY Discussion

Hmmmm — Beware the 1-way-bet. BoJ have made their intentions very clear. Momentum has pushed us towards 80, but as with all these things, there will be a sting in the tail. Mayve a retrace to the 79.2 region before the next leg up. Have taken ...

USD/JPY Discussion

Ooh, btw. went short EU here. Only small, but will add. (4323)

EURUSD

Honestly, if I were a medium term UCh trader, I would be selling the rallies. Interventions allow traders to make trades, they do alter the natural course of their currency over the longer term. Have a wee look at UY; we're back to where we were pre ...

EURUSD

Of course, trade it as you see it. It's just a bit misleading to state that intervention has already occured when no proof yet exists it has. Markets love rumour and there was a time that the Japanese could simply say boo and the market would jump ...

EURUSD

Ya have to read between the lines here. They have not stated they have already intervened, only what they intend to achieve. There is a big difference. You may think they must have, but the statement wording is very clever. The timescale is ...

EURUSD