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USD/JPY Discussion 8 replies

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long eur/jpy, gbp/jpy, usd/jpy 11 replies

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USD/JPY Discussion

***acceleration
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Learn, a forex trader must, unlearn and relearn he will.
Quoting OBsayMkMoney
{quote} Stupidity is the first step to genius.
Those who can learn, unlearn and relearn will be those who make that jump.
Learn, a forex trader must, unlearn and relearn he will.
China will have a bit of a population crisis as well. Their one child policy has put them in a precarious situation, and with the Chinese "zoomer" generation's "let it rot" mantra... doesn't look good for them in the long run. They are in an uptrend as far as their relevancy goes, but it has a shelf life imo.
Virtue signaling is for those who are devoid of actual virtue
Quoting Butters
China will have a bit of a population crisis as well. Their one child policy has put them in a precarious situation, and with the Chinese "zoomer" generation's "let it rot" mantra... doesn't look good for them in the long run. They are in an uptrend as far as their relevancy goes, but it has a shelf life imo.
Makes one wonder... Just who they are buying all the land in Africa for..
When you feel like you HAVE to trade is when you least should!
Quoting OBsayMkMoney
{quote} Makes one wonder... Just who they are buying all the land in Africa for..
They are buying resources in Africa. They are also playing the long game starting to build a base.
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They're buying in South America too. None of this should surprise us though, BRICS has been around for over a decade and a half and made their intentions clear back then. Jim Rickards wrote about it in Currency Wars back in 2011 I think. It's an interesting book. Times are changing, all we can do is roll with the punches. I have no idea what will happen or how it will play out. Just keeping my head down and eyes open.
Virtue signaling is for those who are devoid of actual virtue
Quoting ninner
i HAVE A Bearish bias for today as long as price stays below 134.21
Is this still valid my friend.? Im still keeping my short from 134.80
Quoting Rossidi
{quote} Is this still valid my friend.? Im still keeping my short from 134.80
.3421

is it below 134.21????
A big move to upside is coming in next week.
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it certainly appears that way which is why i took a long on friday with 3 trounches!!!!
USDJPY price action on the daily time frame remains sideways as it tackles the 134.100 horizontal resistance area. A bullish break out may incentivize further northward liquidity engineering. But failure may result in a retest of the 131.900 near-term horizontal support and even the 130.980/129.530 longer-term horizontal support zone (green).

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
Nice bounce by usdjpy!!!
13 pips until the next resistance zone on the 1 hour chart.
USD/JPY (4H): "Head and shoulders" reversal pattern, Lower high, Broken uptrend. Potential downtrend towards the 131.000 support area.
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my view
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i may be wrong. trade safe
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Look right, we'll see the signs
Long
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When you feel like you HAVE to trade is when you least should!
Quoting OBsayMkMoney
Long {image}
ugh. Pre market move. Ok. Long tonight after this incoming bad news.
When you feel like you HAVE to trade is when you least should!
All Aboard?

Let's see.
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When you feel like you HAVE to trade is when you least should!
Long from 133.90. Waiting asian session for Ueda first speech. Nobody is waiting surprises so the possibility of a bull trend should be logic. (But markets and logic aren't partners). We'll see.
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