Comments on: USD/JPY: Still bearish but cover shorts ahead of BOJ https://fxww.com/usdjpy-still-bearish-but-cover-shorts-ahead-of-boj/ The Professional Source Thu, 08 Aug 2013 01:33:23 +0000 hourly 1 By: Sean Lee https://fxww.com/usdjpy-still-bearish-but-cover-shorts-ahead-of-boj/#comment-25729 Thu, 08 Aug 2013 01:33:23 +0000 http://381c099c8f.nxcli.net/?p=10038#comment-25729 BOJ today Charles

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By: Charles https://fxww.com/usdjpy-still-bearish-but-cover-shorts-ahead-of-boj/#comment-25728 Thu, 08 Aug 2013 01:18:15 +0000 http://381c099c8f.nxcli.net/?p=10038#comment-25728 Is this monetary policy statement in a couple hours a big deal? It’ll probably move the market because this pair will take any excuse to move right now I’m sure.

But BOJ is tomorrow correct?

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By: Sean Lee https://fxww.com/usdjpy-still-bearish-but-cover-shorts-ahead-of-boj/#comment-25725 Thu, 08 Aug 2013 00:39:05 +0000 http://381c099c8f.nxcli.net/?p=10038#comment-25725 Exactly Charles, makes sense ahead of BOJ.

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By: Charles https://fxww.com/usdjpy-still-bearish-but-cover-shorts-ahead-of-boj/#comment-25724 Thu, 08 Aug 2013 00:25:24 +0000 http://381c099c8f.nxcli.net/?p=10038#comment-25724 I like the idea of a USD-JPY short covering rally to 97.05 minimum, around 97.50ish maybe tonight. So I have went long 96.37. Definitely counter-trend but us UJ bears like to short more at higher prices, so let’s bring her up ! 🙂 Of course might not make it up there and sell down to 95.90 or lower….. That’s forex.

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By: Abdullah Hussain https://fxww.com/usdjpy-still-bearish-but-cover-shorts-ahead-of-boj/#comment-25722 Wed, 07 Aug 2013 23:50:48 +0000 http://381c099c8f.nxcli.net/?p=10038#comment-25722 Thanks Sean, i will wait it out, im addicted to this pair, so usually im either trading usd/jpy or not trading much at all, but I know what ur saying is 100% correct. Todays a busy day as you said, so ill just see what happens from the sidelines for once and if anything Really good comes up…ill have to think about it twice before doing anything.

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By: Sean Lee https://fxww.com/usdjpy-still-bearish-but-cover-shorts-ahead-of-boj/#comment-25720 Wed, 07 Aug 2013 23:23:40 +0000 http://381c099c8f.nxcli.net/?p=10038#comment-25720 Patience Abdullah, best wait n see what it looks like when gets there. Like I said, 95/9775 on v outside so try and trade near edges and not get caught up in noise. If yoiu get strong intraday feel, then have a go with tight 20 pip stops or sthg like that??

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By: Abdullah Hussain https://fxww.com/usdjpy-still-bearish-but-cover-shorts-ahead-of-boj/#comment-25719 Wed, 07 Aug 2013 23:15:53 +0000 http://381c099c8f.nxcli.net/?p=10038#comment-25719 hey Sean, i was wondering do you think 97- 97.3 is a good a enough position to go in short if and when usd/jpy gets there (as im expecting), or should i just wait for a deeper move south to buy, i expected the market to go south, but as fast as it happened, i hate it when i miss these chances!

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