Japan QE and FX trading

ExperiencedJoe said:
There, like I promised: JPY/EUR has risen today. It will rise again tomorrow, and could be quite a big rise. All those who shorted it will be given a weekend full of serious contemplations and reflections. On monday, it will fall, just when those sleepless shorters buy to cover their shorts.

JPY/AUD is not quite following, yet. But it is on notice to rise, maybe even in the coming asian session.
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It's more a function of the EUR falling than the JPY rising, and this is primarily a Draghi driven event. Unless you've got some rabbit up your sleeve down under, I don't see how that's going to materialize.
 
Tsing Tao said:
It's more a function of the EUR falling than the JPY rising, and this is primarily a Draghi driven event. Unless you've got some rabbit up your sleeve down under, I don't see how that's going to materialize.
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I said nothing about EUR falling or JPY rising. What I said was JPY/EUR rising. No rabbit is needed, just the ability to see what is happening. I bet this time tomorrow you'll be back asking how did the rabbit managed it ?
 
Laugh, it is fun to see what will happen tomorrow. I am looking for the entry point to buy US$. Hope it will go down to 112 or 113 . Now the USD/JPY chart is like the momentum stock chart.
 
Actually today USD/JPY rose above 115.5 was a good trap. Do you guys believe the UDS/JPY market is manipulated by one powerful institution group now? as the chart is too beautiful.
 
it also reminds me often of last month's USD/JPY down from 110 to 105 within 4 days! even without any fundamental changes. I once believed FX market was not like stock market, was difficult to be manipulated.Last month's fall totally changed my mind. FX market is just as easy to be manipulated as stock market. Am I right?
 
Looks like jpy/aud is too impatient for the asian session and starting to rise already. Tomorrow will be a big rise day for this, perfect for the bankers who need the cash before the the weekend starts.
 
ExperiencedJoe said:
Looks like jpy/aud is too impatient for the asian session and starting to rise already. Tomorrow will be a big rise day for this, perfect for the bankers who need the cash before the the weekend starts.
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do you even trade forex? You have all your pairs backwards
there is no such thing as jpy/aud
 
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