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USD/JPY Discussion

I am expecting a huge drop towards 134. It has not crossed 135 decisively. Thick short and burn it to the ground!!!
Jpy shit the bed again

will wait to short 136
Quoting Whale
Jpy shit the bed again will wait to short 136
lol

i got stopped out
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
Quoting ForexGoose
{quote} lol i got stopped out
Yep... that's why when it doesn't hit my targets I wait for price to clear the two previous higher lows. Price dropped right before Non farm hinting at a good report. Still a little more room up though. Possible targets
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When you feel like you HAVE to trade is when you least should!
Daily
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Quoting COGSx86
{quote} Then in 2018 a gradual wave pattern over 2-3 weeks within 1200-2400 range. And it did this until Jan 20th 6-8 times. Now moving into September the Usd always gets stronger and it’s getting stronger already. We could see 147, 174 etc all with crazy moves. juat speculation but this market is getting financially tighter as more money moves in leverage, overnight prices go up, prices go crazy on leverage calls. It’s already started. Last week some...
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Learn, a forex trader must, unlearn and relearn he will.
135.5 looks like it is the nearest strong support level now that 136 was exceeded

137.2 is the next possible target for bulls
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
Quoting ForexGoose
135.5 looks like it is the nearest strong support level now that 136 was exceeded 137.2 is the next possible target for bulls

I think next TP 138.5 then come back 137.4
Quoting jag1969
{quote} According to my trading plan it won't do it yet. News from USA are going to send the yen down. I may be wrong but i'll trade short the yen this day.
Now we are definitely going to 140...
Quoting RichClaws
{quote} Now we are definitely going to 140...
Definitely?

will see.

below 135 before 137.

but nothing is definitely.
Quoting RichClaws
{quote} Now we are definitely going to 140...
Can you explain your idea
Quoting Whale
{quote} Definitely? will see. below 135 before 137. but nothing is definitely.
We'll *
When you feel like you HAVE to trade is when you least should!
Quoting OBsayMkMoney
{quote} We'll *
Thank you OB
Quoting whale
{quote} Спасибо, ob
If we broke through 135.5, the road is open to 138.3
There will be no retest of 135
135.5 is strong support
TP DONE
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Quoting mosya
{quote} If we broke through 135.5, the road is open to 138.3 There will be no retest of 135 135.5 is strong support
Cannot argue with pa.. very disappointing.
I’m consider a trip to Japan to give BoJ slap, who’s interested to join me?
Quoting Whale
I’m consider a trip to Japan to give BoJ slap, who’s interested to join me?
No, I’m buying up to 138.5 and then retesting from 137.5 to 140 if everything is fine
Quoting ForexGoose
135.5 looks like it is the nearest strong support level now that 136 was exceeded 137.2 is the next possible target for bulls
after it reaches 137.2, bulls can target 140
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
USDJPY price action on the daily time is operating in a bullish structure. There was a 78.6 Fib retracement of the 126.680/139.280 bullish swing on August 2. Presently, price action is navigating the 136.890 minor horizontal resistance, but we would soon see further bullish directional move.

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
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