USD/JPY to the Moon

[cbennici]

If Yen weakens, what will impact other currencies in the future?

British Pound is the strongest

 

[schizo]

What's the meaning of déjà vu again??

 

[Picaso]

What's the meaning of déjà vu again??


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Breakout or rejection?

 

[schizo]

Breakout or rejection?

You don't know the meaning of déjà vu?

 

[SunTrader]

Already had a much higher daily close. Seems it is only a matter of time before multi-month high is broken.

 

[Picaso]

You don't know the meaning of déjà vu?

I don't know, Schizo Usually somebody's "déjà vu" is somebody else's "WTF?"

What always amazes me is the sheer timing of these moves. Did BOJ wait until the price went up to 160 before making their announcement? How does it always match up with the price expectation? Everyone's been saying for days about 160.

So now, 95% chance we revisit 160 to see if their powder is still dry.

I dunno. It would be an uphill battle, especially if the BOJ is holding the torch.

I'm agnostic as to whether we break 160 or not, but I'd be surprised - and even disappointed - if we didn't see a retest.

But hey, I'm just a punk.

Buy the rumor (which was 160) and sell the bullshit (which is what the pundits wanted you to believe).

 

[schizo]

I don't know, Schizo Usually somebody's "déjà vu" is somebody else's "WTF?"

Exactly. And by you stitching all my previous comments, more than half of which I can't even remember, leads me to say just that, "WTF?".

When I said this is the déjà vu moment, I'm predicting that price will repeat the previous move, namely it will go back down. Surely, you're not expecting me to hold your hands all the way down, are ya?

 

[Picaso]

Exactly. And by you stitching all my previous comments, more than half of which I can't even remember, leads me to say just that, "WTF?".

When I said this is the déjà vu moment, I'm predicting that price will repeat the previous move, namely it will go back down. Surely, you're not expecting me to hold your hands all the way down, are ya?

Nah, my meaning is that for you it may be obvious what the déjà vu was about, but for me (or others) it may not be so clear.

I'm sure you're a fine, handsome guy, but it's a bit late in my life to start holding hands with strangers on the internet

Anyway, I think it's going to break to the upside, but it may take more than one touch (i.e. I think we will see 165 before we see 152 again.

Best trading to all!

 

[SunTrader]

Long wicks on two prior daily candles look like accumulation. Will folks wait for Friday's PCE report?

 

[schizo]

Long wicks on two prior daily candles look like accumulation. Will folks wait for Friday's PCE report?

Well, I think they'll be more interested in the stats coming out of Japan. Both unemployment and CPI will be released on Friday, Tokyo time (or Thursday in the US).

Times are in PST