Usd/jpy

losloslos,

Please open one or more thread in the Journal section and post your trades. Especially if it's going to be rapid-fire in/out stuff within minutes.

Better yet, join some online chatroom.
 
any news behind this humongous move or is it just the herd of trend followers hitting the sell button all at the same time ?
 
Quote from Kicking:

any news behind this humongous move or is it just the herd of trend followers hitting the sell button all at the same time ?
More...

The only "local" news catalyst was the quarterly Tankan Large Manufacturers Index. It came in this morning (6:50 pm EST last night) at 21, under consensus of 24, but still the strongest in a year.

Otherwise, yeah, just the herd. :) The commentary I've seen suggests mass profit taking on a big winner of 2005, yen carry trades (long USD/JPY), sparked by the dovish Fed language change yesterday.
 
I'm Long USD/JPY from 117.15 looking for a bull run in asian trading.I have also bought some @117.51.looking for 118.40
 
Quote from Kicking:

any news behind this humongous move or is it just the herd of trend followers hitting the sell button all at the same time ?
More...

Its was very odd...
 
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