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USD/JPY Discussion 8 replies

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USD/JPY Discussion

I reckon this will reverse course after Yellen speaks and heads back to 120
I expect a small bounce on the Nikkei this week or next week.
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Loved the bounce but not quite high enough to trigger my next short. I had to take 3 hour drive to where i work, put insurance on my short, a position I don't want to lose,, took out long from 114.488 TP at 115.104.= 61 pips for free and my short is sitting back almost exactly where it was b4 I got in the car. Best trade I've done yet. Just wish my short at 115.25 had been triggered
Quoting Ken A
Wait and wait {image}
You shorted now? I expect a bounce by next week. Not sure if we bottomed yet but I reckon we bottom either today or tomorrow for the time being.
Quoting Ken A
{quote} No, on the bid side. Price and Stop Loss as above Waiting for Janet
Smart to wait for her.
Closed my short. Gotta work two 12 hour night shifts, too risky leaving things running
Quoting stylinex
{quote} Smart to wait for her.
Back to Daily Open would be nice - full retrace
If the price will continue it's decline then this is the entry I would take :

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Money moves the market, not an indicator.
correction in the stock market and the EUR USD
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Japan's Economy is also bad I doubt ABE will allow for a strong YEN to take place. With QE funds at disposal I bet he will use them as he did before to weaken YEN to stimulate economy but I think he will use them only after Yellen speaks and if things go in the opposite way of which he wants so I reckon he will not fire his shots until he needs to. He is running out of bullets now
Quoting stylinex
I expect a small bounce on the Nikkei this week or next week. {image}
Well, we got that bounce
Usd/Jpy remains neutral around 114.90/115.00 zone ahead of Yellen's testimony later today, on the downside support level can be found at 114.20 handle.
Yellen news seems to have little effect.
Quoting Ken A
{quote} Back to Daily Open would be nice - full retrace
Done
Quoting tashkent
{quote} preparation for a new low. below 114 http://www.forexfactory.com/showthre...41#post8742241
113.96 touched. let it just gain little more strength.
this is just the beginning.
happy pipping
As Above, So Below
113.88 now.
enjoy the show
As Above, So Below
Sweet kiss by Yen for Kuroda
You cannot learn better without losing
Should reach 112 soon and beyond likely as well.
started selling yen with low leverage. 113.88 first entry
As Above, So Below
Quoting tashkent
started selling yen with low leverage. 113.88 first entry
sl at 120.97 tp at 108.09
or
sl at 114.75 tp at 113.50?
what u got?
Keep calm and trade on
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