July 22 - USDJPY Spike?

Discussion in 'Forex Trading' started by polpolik, Jul 22, 2007.

  1. Anyone knows what happened? it just spiked upped to 121.81 from 121.27 closing :eek:
     
  2. Surdo

    Surdo

    The finance minister spilled hot miso soup on his keyboard.
     
  3. ssblack

    ssblack

    Where are you seeing this? What broker/feed?
     
  4. ssblack

    ssblack

    Nevermind, I see it now on OANDA.

    Dunno? But I'm long the pair, so good deal. :)
     
  5. I hope you took some profit a couple of hours ago, that was some easy money. Now it's almost filled the entire gap.
     
  6. 120.00 even test, too many people piled into that trade.
     
  7. ssblack

    ssblack

    Yes, killed at the open and short eurjpy at 168.21/26. Might kill it here, or keep for a few days. Depends on how patient I can be! :)

    weekly target though is 166.60-68. Just not so sure yet.
     
  8. ssblack

    ssblack

    Not bad eh? Can't believe I actually held out for this one.
     
  9. 120.00 =)

    liquidity is being pulled back, globally, should hurt the yen carry trade.