Comments on: USD/JPY: Bulls should be patient and wait for 93.50 https://fxww.com/usdjpy-bulls-should-be-patient-and-wait-for-93-50/ The Professional Source Thu, 13 Jun 2013 05:34:34 +0000 hourly 1 By: Johanes https://fxww.com/usdjpy-bulls-should-be-patient-and-wait-for-93-50/#comment-22882 Thu, 13 Jun 2013 05:34:34 +0000 http://381c099c8f.nxcli.net/?p=8533#comment-22882 Hi,

I already long USD/JPY at 94.20 SL 91.00 to target 117.00/118.00.

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By: Sean Lee https://fxww.com/usdjpy-bulls-should-be-patient-and-wait-for-93-50/#comment-22862 Thu, 13 Jun 2013 03:28:35 +0000 http://381c099c8f.nxcli.net/?p=8533#comment-22862 Yep, that would be ideal, small bottom-drawer and forget type position

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By: fxgai https://fxww.com/usdjpy-bulls-should-be-patient-and-wait-for-93-50/#comment-22859 Thu, 13 Jun 2013 03:22:32 +0000 http://381c099c8f.nxcli.net/?p=8533#comment-22859 I’m tempted too! AUD/JPY seems to move in 20 yen ranges in a given year, looks like 85-86 could be my toe-in-the-water level

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By: Sean Lee https://fxww.com/usdjpy-bulls-should-be-patient-and-wait-for-93-50/#comment-22855 Thu, 13 Jun 2013 02:47:41 +0000 http://381c099c8f.nxcli.net/?p=8533#comment-22855 Cunning plan not involving turnips 🙂 im looking to buy audjpy when things look at their bleakest, thats usually the low

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By: fxgai https://fxww.com/usdjpy-bulls-should-be-patient-and-wait-for-93-50/#comment-22854 Thu, 13 Jun 2013 02:38:58 +0000 http://381c099c8f.nxcli.net/?p=8533#comment-22854 I’m a USD/JPY bull but also just hold a strong desire to hedge myself against being resident in Japan where the clowns in Kasumigaseki have little clue about anything…

Don’t see anything wrong with longs from 93.50, I’m just hoping to get lucky with a nasty spike even lower. I don’t see much has changed lately, except specs taking profits, as they should. I think they’ll come back in with fresh longs again when things look hopeless, I know that’s my strategy!

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By: Sean Lee https://fxww.com/usdjpy-bulls-should-be-patient-and-wait-for-93-50/#comment-22851 Thu, 13 Jun 2013 02:07:33 +0000 http://381c099c8f.nxcli.net/?p=8533#comment-22851 Sean, its all about flows at the moment. Don’t try and find a reason for every move, markets move on ebb and flow

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By: Sean Lee https://fxww.com/usdjpy-bulls-should-be-patient-and-wait-for-93-50/#comment-22847 Thu, 13 Jun 2013 01:51:11 +0000 http://381c099c8f.nxcli.net/?p=8533#comment-22847 Hi mate, was wondering when you would turn up 🙂 The USD/JPY bull 🙂 You’re 100% right with 9250 though, if it closes the week below there then watch out. But risk reward for now suggests to me that 9350 is worth a try?

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By: fxgai https://fxww.com/usdjpy-bulls-should-be-patient-and-wait-for-93-50/#comment-22845 Thu, 13 Jun 2013 01:06:47 +0000 http://381c099c8f.nxcli.net/?p=8533#comment-22845 Looks like we might be getting started 🙂 92.98 is my limit for today.

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By: fxgai https://fxww.com/usdjpy-bulls-should-be-patient-and-wait-for-93-50/#comment-22844 Thu, 13 Jun 2013 00:59:37 +0000 http://381c099c8f.nxcli.net/?p=8533#comment-22844 I like the thinking Sean, not worth buying until it looks really ugly, a nice 200 pip drop today during Asia time would be luverly.
Things would be very interesting should USD/JPY close below 92.50 though. The whole USD/JPY rally post Kuroda’s 2-2-2-2 plan will have become an Enigma.

Then again there is the weekly jobless claims out of the US tonight. Probably won’t be anything stunning, but with job growth seemingly steady there longer term I much prefer USDs to JPYs.

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By: slo87 https://fxww.com/usdjpy-bulls-should-be-patient-and-wait-for-93-50/#comment-22843 Thu, 13 Jun 2013 00:47:07 +0000 http://381c099c8f.nxcli.net/?p=8533#comment-22843 what has been the reasoning of the the yen gaining strength as it has? just lack of jawboning and action by Japan?

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