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USD/JPY Discussion

Quoting aricakex
Is this a triple bottom? Bulls get ready. On your mark, get set.............
I wouldn't be so sure yet
defeat can still be profitable
new method testing Return This Month: 18.6%
Quoting aricakex
Is this a triple bottom? Bulls get ready. On your mark, get set.............
it could crash this time since there is bad news regarding US/China trade and stocks are selling
Don't Worry Be Happy
Quoting MrPresident
{quote} it could crash this time since there is bad news regarding US/China trade and stocks are selling

Keeping eye on Dow. If it crosses -200 before noon, I am with you. I am at work. Anyone have an eye on Bonds?

Edit... they keep ripping the trailing stops.... I think you may be right about that crash.. oh boy.
Now Trump said that he won't devalue the dollar and USD/JPY shoots back up

https://www.forexfactory.com/news/93...nt-devalue-the

there is a bi-polar disorder on USD/JPY, up, down, neutral, crazy
Don't Worry Be Happy
Quoting MrPresident
Now Trump said that he won't devalue the dollar and USD/JPY shoots back up https://www.forexfactory.com/news/93...nt-devalue-the there is a bi-polar disorder on USD/JPY, up, down, neutral, crazy
Ha.. either way.. hasn't hit the three bottom target yet. I will get off there and see where the next bus is going. I am still biased to north, but we are but a twit away from anything these days
Weekly TL....

Dow currently -255. -300 = BOHICA Next consolidation zone 104.6 area. 1hr close below 105.4 area will look like a flare to me.
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Another SL rip before noon. Looks like MM are trying to take folks out before a drop. Don't quote me. Jimmy and I are noobs.
104.6 is the next possible target next week for bears
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Don't Worry Be Happy
BOHICA?
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Quoting CassandraK
USD / JPY is preparing to turn up. Oscillators show ugly and irregular divergences. Which meanwhile can work. USD / JPY cannot overcome the support of 105.53, but also cannot stay above the Tenkan line. Н4 {image}
Hello CassandraK How do you do. How are you. Recognize me right. So Last time you said it will go up and we said we will see. You remember it clearly right. Really I want to post a video of this what I gained tonight. I held this for LONG Kept adding in between until it was Hit Woooh Believe me You like it?

So anyway now we will see if it rises but I got my TP Hit. Haha

See you

Bye Bye
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Quoting Sobx
{quote} Hello CassandraK How do you do. How are you. Recognize me right. So Last time you said it will go up and we said we will see. You remember it clearly right. Really I want to post a video of this what I gained tonight. I held this for Long Kept adding in between until it was Hit Woooh Believe me You like it? So anyway now we will see if it rises but I got my TP Hit. Haha See you Bye Bye {image}

Be nice SOBX. We all make mistakes. A better way would be to explain your thought process and help. I get that it is easier to laugh, but it is much more rewarding to reach down and pull someone up. Koom Bah Ya!

By the way. I appreciate your input and insight.
the funny thing is that below 105, the next major support is around 100

so it could be a straight shot to 100 quickly if Trump further says something negative about trade or China retaliates
Don't Worry Be Happy
Quoting newbegger
{quote} Remember, the Yen's strength flows from the Force. {image}
The tails have been broken. More downside to come, there is.
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Ecclesiastes 1:9
Quoting MrPresident
the funny thing is that below 105, the next major support is around 100 so it could be a straight shot to 100 quickly if Trump further says something negative about trade or China retaliates

Me and you are on the same page today. I looked at my buy sitting down there at the 101 area just 20 mins ago. It looks NUTS... but seems very possible.

Looking for another break, and confirmation below 104.6 to load more onto this truck.

3 weeks left until Sept. 1st..
up and down targets for next week.

+30 pips off the low closed
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Quoting newbegger
{quote} The tails have been broken. More downside to come, there is. {image}
Brought back above the tails before closing, Hmmm?
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Ecclesiastes 1:9
Bonds bounced. That's twice. Third time's the charm.
Quoting newbegger
{quote} Brought back above the tails before closing, Hmmm? {image}

Breakout... retest.. Trade.. Let's see..
Quoting john-smith
{quote} when was it? anyway for exemple Brexit, when Brexit was voted GBP drops but it was able to recover after a while plus it was already on a downward trend, news has an affect but not that much having said that the exemple of Brexit probably isn't the best as it did take months to recover but what I'm implying is that even from a major event the market recovered

Will RE: tonight. Cut and paste remoted into my server via my phone isn't fun.
A break of 105.50 triggered sell stops and a test of massive 105 option expiries defending that crucial support for Japanese corporates nL4N2541DG and specs.
near 105.00//105.40 nice load zone for a bounce play.

USDJPY won't stay below 105.00 for a long time, big turn incoming, but not until the bear sequence is complete later next week/week after.
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