Comments on: USD/JPY: Back to bad old days with 20 pip ranges https://fxww.com/usdjpy-back-to-bad-old-days-with-20-pip-ranges/ The Professional Source Thu, 27 Jun 2013 07:43:34 +0000 hourly 1 By: Sean Lee https://fxww.com/usdjpy-back-to-bad-old-days-with-20-pip-ranges/#comment-24043 Thu, 27 Jun 2013 07:43:34 +0000 http://381c099c8f.nxcli.net/?p=8986#comment-24043 Works like a charm every time Banya 🙂

]]> By: banya https://fxww.com/usdjpy-back-to-bad-old-days-with-20-pip-ranges/#comment-24042 Thu, 27 Jun 2013 07:09:29 +0000 http://381c099c8f.nxcli.net/?p=8986#comment-24042 Sean,whatever u do,keep an eye on the USD/JPY pair,it seems it didn’t like this headline on ur site 🙂

]]> By: Peter https://fxww.com/usdjpy-back-to-bad-old-days-with-20-pip-ranges/#comment-24041 Thu, 27 Jun 2013 07:01:59 +0000 http://381c099c8f.nxcli.net/?p=8986#comment-24041 Cheers Sean, The bit I initially latched onto was along the lines of some funds, by memory, holding huge long positions (15b??) and the gate would be very narrow on the way down if they tried to exit in a hurry.

I’ve had a good run and don’t fancy stretching my luck and giving some back, so I’ll take your advice and bide my time. I don’t really have much conviction one way or the other on USD strength/weakness at the moment, so I think I’ll just muck around with some range trading somewhere for now with fairly light positions. That usually keeps things ticking over for me until the next EUR/JPY pops up and normally don’t have to wait too long.

BTW, well done on getting your Aussie long trade out of the sick bay. I thought it was looking decidedly iffy there for a while!

]]> By: Sean Lee https://fxww.com/usdjpy-back-to-bad-old-days-with-20-pip-ranges/#comment-24038 Thu, 27 Jun 2013 05:54:38 +0000 http://381c099c8f.nxcli.net/?p=8986#comment-24038 Hi Peter, can’t remember if it was you or not who liked Jim’s stuff at FX Charts but I’ve just had a chat with home and he’s still very bearish EUR/JPY. But like me, he thinks it’s a sell-rally proposition so patience needed

]]> By: Peter https://fxww.com/usdjpy-back-to-bad-old-days-with-20-pip-ranges/#comment-24037 Thu, 27 Jun 2013 05:51:32 +0000 http://381c099c8f.nxcli.net/?p=8986#comment-24037 EUR/JPY seems to have died along with it. Pity, as shorting rallies for the last few weeks has been my bread and butter. Have to agree, it might be time to look elsewhere for a while, although I’ll still be keeping an eye out for failure at higher levels.
Sean, do you know what the current market positioning on EUR/JPY is at the moment? A while ago it was very long but I’m not sure where it’s at currently.

]]> By: Sean Lee https://fxww.com/usdjpy-back-to-bad-old-days-with-20-pip-ranges/#comment-24034 Thu, 27 Jun 2013 05:24:50 +0000 http://381c099c8f.nxcli.net/?p=8986#comment-24034 Txs Serga, too hard for me, I’ll leave all those profits on the table for you 🙂

]]> By: SergaNet https://fxww.com/usdjpy-back-to-bad-old-days-with-20-pip-ranges/#comment-24031 Thu, 27 Jun 2013 04:55:26 +0000 http://381c099c8f.nxcli.net/?p=8986#comment-24031 Greetings, Sean! USD/JPY goes consolidation to break up, in the district 100.21 and in case of the price fixing above, then the next goal 103.43/57. I think it will be connected with the rise in yields on 10-year us bond, I expect growth approximately to the level of 3%

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