Was anybody trading USDJPY at around 10 AM ET?
Giant move down from 150.16 to 147.33 before settling around 149.15. on the 5m.
Does that mean maybe more of the same moving forward?
I’m reading both sides of the question. Some analysts on TV say this isn’t Bank intervention. An analyst on Forexlive says it is.
Wouldn’t Bank intervention cause an even bigger move or not necessarily.
Saw this one today and started thinking, what if I had a long trade on and removed my stop loss 
I had actually thought to put a limit order on in case this actually happened. I just thought it would happen after 150 was broken for a couple of days.
The BoJ is only making noises at this stage… Gathering data before it makes a decision… It doesn’t plan to lift Japan’s negative rates until the first quarter 2024…
Even the BoJ’s Jawboning is enough to rattle the JPY… Strong BUY back to the base of previous levels…
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For a sell? Wow…
I had a few sell positions open and when I came home found that things had gone my way. I currently have some longs open now in the expectation that the price will get back to near the 150 levels.
Sounds beautiful. Good for you man.