USD/JPY

[wayneL]

Re: USDJPY

Hmm , I can just strain my eyes and see , the binos might have to come out later ........ breaking the 15/20 res has 112.548

WTF is a bino and how does one trade them?

Looks like the Yen is going parabolic .

I must be looking at a different Yen because notwithstanding that I trade futs and not XXXX, I don't see any parabolas.

 

[ithatheekret]

Re: USDJPY

It was using a pun ...... you know punning .

perhaps not ........


I was jokingly referring to spiritual a meaning of sorts in the Yen actions , as its actions had gone against most calls and projections in the market . As it did not transcend to the texted rules they had spruiked .

 

[wayneL]

Re: USDJPY

It was using a pun ...... you know punning .

perhaps not ........


I was jokingly referring to spiritual a meaning of sorts in the Yen actions , as its actions had gone against most calls and projections in the market . As it did not transcend to the texted rules they had spruiked .

Pun? Perhaps hyperbole.

Who are "they", and what's a bino?

 

[ithatheekret]

Re: USDJPY

bino's are the binoculars you needed to see the projected test area all the FX strategists had pencilled in .

A better word would have been paraholic after its actions .

 

[wayneL]

Re: USDJPY

bino's are the binoculars you needed to see the projected test area all the FX strategists had pencilled in .

A better word would have been paraholic after its actions .

Ah! I see now. So one with a longer term view is a binoholic, or a teleholic?

 

[ithatheekret]

Re: USDJPY

well it wasn't a teleological night for them .

 

[ithatheekret]

Re: USDJPY

Onya Wayne , those little word plays have just had me remember another one from eons ago , when I was ejumacated .

Deontological ........ something J.H. lacked .

 

[ithatheekret]

Re: USDJPY

Just looking at the movements in the cross as Uncle Ben is being labelled the Grinch that stole Christmas .

The implied volatility on the cross has notched itself into a 13.32 % rise for the options that expire this week .

Has the crystal ball spoken and the swing in the cross come about ?

 

[ithatheekret]

Re: USDJPY

I've had a 111.377 sell that's just about going to hit a limit area above 111.08
no it's gone , but I can't figure what this cross wants to do .

I might sit back and wait for a 110 area to flick a switch .

 

[Kauri]

Re: USDJPY

might draw it in??/
Cheers
.........Kauri

December 12. A good size USD/JPY Vanilla Option expiry in the wings for today"s 10am New York Cut. USD 300mln @ 111.50. Spot has reached a 111.37 high so far today and 111.50 is well inside yesterday"s range, so this level could well draw the market as delta hedging confines toward expiry.

 

[Kauri]

Re: USDJPY

and...

Market ran in to selling interest ahead of 111.40 on the early London run higher, and has drifted back to 111.00 since. A far East name seen buying at the figure, which has sent the pair back to 111.20. Dow Futures also playing their part, with early gains aiding support in USD/JPY. On the other side - a leading US bank has allegedly put out a sell recommendation this morning, although no details to the actual level on this as yet. However, topside potential could well be limited as a result.


Cheers
........Kauri

 

[ithatheekret]

Re: USDJPY

Hi mate , I went long just momentarily ago 111.041 and another under that slightly , haven't checked if it's in yet other cpu doing something for me .

Got me buggared what it wanted to do before , and I feel like a right twit , I only jerried to what Wayne was going on about , he was talking about a technical term , I was being academic , forgot all about the fancy names still refer to Butterfly options as Sandwhich options .

My apologies Wayne , you can give me stick now cobber , that slip earned it .

 

[ithatheekret]

Re: USDJPY

moved one trade off @ 112.423 ( needed the margin ) have one more waiting for exit .

nope 112.30 gone

 

[ithatheekret]

Re: USDJPY

Okay prediction number two , there have been others but they were printed elsewhere and you made need to get them from a nice chap called Austin .

Some may remember , a group of uni whizzes , I managed to conform to my wishes , on a calculation on the Yen versus the oil price and a few other factors I had projected to them .

They came up with 136 .

But , although it cost me copius amounts of brown champagne , they did get close to my projection .

So here it goes .......

132.666 - 138.888 on the stronger end and a maximum of 140.588 at the weaker end . How long it takes to get there ........ pass .

PS... The moment it does I'm entering Babcock and Brown bigtime , that is not investment advice , Im not licenced .

 

[ithatheekret]

Re: USDJPY

That 113.5/6 area has been pushed at a couple of times already , looks like it stalled or was repelled , haven't made my mind up which yet , but it is the top of the Ichi .
I don't know whether its going to get to the 113.85 area today or not , the above mentioned area will be the decider there , but I thought the 61.8 ret. would have seen some action around 113.85ish , because I have a line pointing through the 100 MA .

Printed out a few charts , there all behind me on the floor !

I have the top Bollinger band area around high 113.9's -114.01ish .

I have seen repatriation of funds many times before , but this is a wild year , a few snowboarders that caught some air ................

 

[Kauri]

Re: USDJPY

The recovery in the Nikkei to positive territory looks to be to blame with JPY crosses pulling USD/JPY higher. The Nikkei is currently indicated at 15,286.95, up 37.16 points on the day. It was down over 200 points earlier at 15,004.41. Resistance above is seen from the 113.40-50 level, 113.48-49 highs from overnight. Some stops are eyed above 113.50, mostly concentrated in the 113.60-65 area, just above 113.55 where the top of the Ichimoku cloud comes in. Next resistance topside is seen at 113.85 or so, 61.8% Fibo retracement of the move down from 117.95 to 107.20 seen between October 15 to November 27. offers are likely ahead of this level and 114.00 with stops above both.
Cheers
...........Kauri

 

[ithatheekret]

Re: USDJPY

I went long at the 113.14 area and will be watching the dip coming up

I'm not scared , I've got whiskey

 

[Kauri]

Re: USDJPY

I went long at the 113.14 area and will be watching the dip coming up

I'm not scared , I've got whiskey

I'm just in the kitchen turning a cheep bottle of whiskey into Baileys... goes further.. with me anyways.
Cheers
.........Kauri

USD/JPY offers ahead of 113.40-55 resistance. Stops above, especially at 113.60-65, light offers trail up from 113.80 to 114.00. Stops above 114.00. Bids ahead of 112.70, trail lower. Stops mixed in below this level and 112.50. Mostly bids thereafter down to 109

 

[ithatheekret]

Re: USDJPY

113.24/5 looks like a nice swing area to reverse plays from , but that means I'd have to put the glass down for over a minute each time ..........

school holidays , I doubt that .........

But , I don't know if it's me or the whiskey but the band range looks like it was tightening and that can't be good for anything except eachways

Knocked one off at 113.24's , if it continues to stall there I may be tempted to sell the Yen . Such an oxymoron

 

[ithatheekret]

Re: USDJPY

Gee , that worked , there is some schwing in it .


That should start a brawl on it soon .