July 22 - USDJPY Spike?

[polpolik]

Anyone knows what happened? it just spiked upped to 121.81 from 121.27 closing :eek:

 

[Surdo]

The finance minister spilled hot miso soup on his keyboard.

 

[ssblack]

Where are you seeing this? What broker/feed?

 

[ssblack]

Nevermind, I see it now on OANDA.

Dunno? But I'm long the pair, so good deal.

 

[polpolik]

I hope you took some profit a couple of hours ago, that was some easy money. Now it's almost filled the entire gap.

 

[Spectre2007]

120.00 even test, too many people piled into that trade.

 

[ssblack]

Yes, killed at the open and short eurjpy at 168.21/26. Might kill it here, or keep for a few days. Depends on how patient I can be!

weekly target though is 166.60-68. Just not so sure yet.

 

[ssblack]

Not bad eh? Can't believe I actually held out for this one.

 

[Spectre2007]

120.00 =)

liquidity is being pulled back, globally, should hurt the yen carry trade.