Disliked{quote} Its not going to 96. Not unless some unforeseen catastrophe takes place.Ignored
In the middle of the night (GMT+1) fist dump with japan crap and in the afternoon US data show big disapointment...
Take care you all!
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Disliked{quote} Its not going to 96. Not unless some unforeseen catastrophe takes place.Ignored
Disliked{quote} Its not going to 96. Not unless some unforeseen catastrophe takes place.Ignored
Disliked{quote} Exactly! If we hold 98.50 Ill be upping my leverage as well.Ignored
Disliked{quote} buyers @ 98.20-98.15 probably moving to 98.5x next edit: very similar chart to current USD/JPY no news + tomorrow is the last day of month this could go north until tomorrow london close maybe {image}Ignored
Disliked{quote} Couldn't agree more! looks like we are headed back to that 98.20 level then gonna retry that 98.50 again. I think 98.50 will take a few more attempts to break through though. What about you?Ignored
Disliked{quote} I think you should have faded the retest of 98.50... I see the rate going back down to 97!Ignored
Disliked{quote} I think you should have faded the retest of 98.50... I see the rate going back down to 97!Ignored
Disliked{quote} Why 97.00? I'm looking at the 4hr. ADX, RSI, and Stochastic all point towards continued upward movement for now. Edit: I'm long at 97.52 don't see much reason to sell unless my SL gets hit which is far above break even.Ignored
Disliked{quote} Why 97.00? I'm looking at the 4hr. ADX, RSI, and Stochastic all point towards continued upward movement for now. Edit: I'm long at 97.52 don't see much reason to sell unless my SL gets hit which is far above break even.Ignored
Disliked{quote} Leave alone indicators, check H4 candles + it's friday, end of August. Anything can happen.Ignored
Disliked{quote} I like indicators, they work for me. I understand all the craziness that can happen that's why I have a tight SL.Ignored
Disliked{quote} My friend,please pay more attention to the candles and PA.Though t is true that when all of your indicators point in the same direction that your prediction about price will be more often than correct,however,it is important to know that the indicators in question are all laggards and are subjected to what ever price is doing at the moment.trying to trade without indies keeps 2 or more steps ahead of indicator traders.learn to use trend lines to your advantage.Take care broIgnored
Disliked{quote} Couldn't agree more! looks like we are headed back to that 98.20 level then gonna retry that 98.50 again. I think 98.50 will take a few more attempts to break through though. What about you?Ignored
Dislikedright now USD/JPY continues to consolidate below 200SMA on 4 hour after repeated attempts to break thru buyers continue to fail. Lets see what happens the longer this stays below 98.5 the more bearish I get Karie pips had a beautiful chart on why the risk is more down technically and if war does happen we can see serious safe haven demand and JPY appreciation Lets see what happensIgnored
Disliked{quote} You're right. Now its becoming more and more confusing. 8H looks undecesive but daily looks very very bulish. For me below 98 i will be shorting till at least 97 and above 98.5 will heavily load the long positions till first TP 99.04 and then (depends on PA) 99.45. We have several upthrusts in lower TFs in 98.20/45 area. Could be supply drying. USDX sentiment is in favor of the bulls too. Chart shows 30min tf low volume up bars...could be a sign of weakness... {image}Ignored