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- 262 Results (217 Replies, 45 Comments)
- Mwfinad1211 replied May 6, 2019
Looks like Central Banks, PWGoM, and ESF are struggling to keep UJ above 111 maginot line. A break below 110 could signal a major move below 100. Emphasis on COULD. Its not like we really have markets in any sense of the true word anymore. Rather we ...
USD/JPY Discussion
- Mwfinad1211 commented May 1, 2019
Actually he's right, the economy is rather shaky, that's the clear picture. It's better then it has been, unquestionably, however stagnant (or decreased) wages (over the last 50 years) and rapidly inflating costs of goods like food, fuel, ...
The Fed wants to disconnect recessions from rate cuts, analyst says
- Mwfinad1211 replied Apr 18, 2019
For at least the last 7 years, there hasn't been an Easter/Thanksgiving where the policy tool stock market (and by extension U/J) didn't get pushed up prior to holiday close. Makes sure all family holiday discussions stick the the preapproved ...
USD/JPY Discussion
- Mwfinad1211 replied Apr 11, 2019
Long. Stop below 111.069. Targeting low to mid 112's.
USD/JPY Discussion
- Mwfinad1211 replied Apr 4, 2019
Central Banks bidding up U/J to support US stocks. Besides with nearly 70% of FF members short the stops above 111.669 are going to be juicier targets. Trade with & support CB policy tools and take retail money? No brainer!
USD/JPY Discussion
- Mwfinad1211 replied Apr 3, 2019
Looks like were going to run some stops. Long targeting low to mid 112's
USD/JPY Discussion
- Mwfinad1211 replied Feb 15, 2019
Not directly predicting price here, but I don't see why we won't retest 105 if not plunge sub 100 over the course of the year. Sure its contrary to BOJ and Fed price targets but I think its finally becoming clear to market participants, that which ...
USD/JPY Discussion
- Mwfinad1211 replied Jan 30, 2019
Stopped out of my long. Considering a bet on an Asian market fade. Those stops above 109.1x look like such a tempting target for ignition algos
USD/JPY Discussion
- Mwfinad1211 replied Jan 25, 2019
Kind of surprising that even with all this bullish strength we haven't hit 110 yet. Getting bored waiting to take profit. I'd even be nervous under normal circumstances considering price action if I didn't suspect BOJ put a floor on this market ...
USD/JPY Discussion
- Mwfinad1211 replied Jan 24, 2019
Hard to say where the price stops. Depends how many stops are above 110 and how far momentum carries. I can't predict tops or bottoms. Ive learned that the hard way lol Edit to add: I could be wrong. I'm far from infallible, however 110 is what ...
USD/JPY Discussion
- Mwfinad1211 replied Jan 24, 2019
I don't think you understood what I was saying... I never said not to use a stop. That would be stupid... what I said was to target where retail traders have their stops, for profit targets. Most retail traders trade a basic level and haven't put ...
USD/JPY Discussion
- Mwfinad1211 replied Jan 23, 2019
The forex "markets" are supposedly free-floating, but in practice all we have are Central Bank policy tools expressed through "markets". Heck the SNB prints Francs from nothing to sell to purchase dollars, supporting, USD, which it in turn uses to ...
USD/JPY Discussion
- Mwfinad1211 replied Jan 23, 2019
Because the BoJ is supporting USD to weaken the Yen
USD/JPY Discussion
- Mwfinad1211 replied Jan 23, 2019
Testing hourly Bull TL. Either a bounce/spike through 110.xx or a slow grind down to 108.9xx. Still bullish biased
USD/JPY Discussion
- Mwfinad1211 replied Jan 23, 2019
Not before we cleared the stops @ 110, no. I still believe we'll see another run @ or through 110 this week. Recent pivot around 109.4xx doesn't seem like a bad place to long with that expectation. Stop in the low 109's offers great R:R. Good enough ...
USD/JPY Discussion
- Mwfinad1211 replied Jan 23, 2019
Reasonable to suspect there are large volumes of retail short stops at or just above 110. Looking good for a short-term momentum bet from here through low 110s Between the momo ignition algos and BOJ it's hard to guess which is buying more dollars ...
USD/JPY Discussion
- Mwfinad1211 replied Jan 15, 2019
Betting on a short term stop clearing move through 108.7xx
USD/JPY Discussion
- Mwfinad1211 replied Jan 14, 2019
Betting on a short term stop clearing move through 108.6xx
USD/JPY Discussion