Comments on: EUR/JPY: Pulls back off weekly trend-line https://fxww.com/eurjpy-pulls-back-off-weekly-trend-line/ The Professional Source Thu, 22 Nov 2012 02:36:55 +0000 hourly 1 By: Sean Lee https://fxww.com/eurjpy-pulls-back-off-weekly-trend-line/#comment-7766 Thu, 22 Nov 2012 02:36:55 +0000 http://fxww.dreamhosters.com/?p=3008#comment-7766 Good point fxgai, and don’t remind me about all the P I’ve ever taken off the table too early 🙁 Enough to make me cry 🙁

]]> By: fxgai https://fxww.com/eurjpy-pulls-back-off-weekly-trend-line/#comment-7764 Thu, 22 Nov 2012 02:26:36 +0000 http://fxww.dreamhosters.com/?p=3008#comment-7764 I hope so Sean, it will make it easier to forget about the profits I would be wallowing in had I not covered my own shorts too early!

But to me this whole JPY crosses rally seems like some big players unwinding JPY long positions ahead of Thanksgiving and year-end, rather than a real willingness to dump JPY just because an opposition politician who was previously ineffective himself as Prime Minister says a load of stuff about monetary policy. Given the way his comments have been criticised in the aftermath but the rally has continued anyway, I think that his comments were just used as a signal to start the year-end unwind.

]]>