Buy order in the market near 79.20 which is currently soaking up all sellers. The amounts are very large, well over 1 billion USD and still counting.
Edit: Ok, I was being a tiny bit conservative 
The amounts can now be officially termed huge.
11 Responses to “USD/JPY: Very large order currently being filled”
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AUTOREFRESH 
20 yards
How come the price is not moving?
Im guessing its the BOJ whose doing this? Do you think its there attempt at setting a level at 79.00 and potentially trying to move it up to 80?
So lets go long with a small stop. We ll see.
23 yards now … got whittled down from 19.2 to 15, then 8 more went bid there (back to 23 where we were 8 minutes ago
Go long! 5 Min Timeframe is making a huge support level.
Anyone aware of any major Ichimoku levels near 7920 which might explain why this level is being chosen?
Maybe they’re at lunch.
Skip how are you seeing this info? That would be awesome to see.
London open markets awaits the buy order to be executed targeting USDJPY to 80.00 level and above. Possible target will be 81.90
Gerry Davies || October 11, 2011 at 10:41 GMT have said that Sources did however report that an “interesting” name has been a notable buyer of 1 month USD/JPY calls with a 79.00 strike!! Personally I just hope they’re onto something and the comatose pairing starts to actually move.
So better ask that source who said to buy 79 call option sean lee…
http://www.forexlive.com/blog/2011/10/11/european-morning-wrap-slight-risk-off/