Replies to post #131214 on Simple's Green Room

[kermit42]

Be careful. I know you trade on a different time frame than me so it's no great shakes that we are on different sides of the same pair, but I took a closer look at USD:JPY yesterday after reading this:

Analysts at Bank of America Merrill Lynch say it’s time to buy USD/JPY and that the larger uptrend is resuming. They say to buy at spot with a stop at 118.03 and a target at 124.59. They say to add on a rally above 120.83.

http://www.forexlive.com/blog/2015/01/07/buy-usdjpy-baml/

I took a long position that is sitting happy right now.