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USD/JPY Discussion

  • #67,481
  • Jul 23, 2017 10:59am Jul 23, 2017 10:59am
Quoting NMZee
{quote} Seriously guys i had no idea this thread has become just like EU thread. Bear or bull both makes money here. Its a game of probability and avereging. Thats my opinion your's is different. I respect that. Both of us are correct.☺
Sorry to get sucked into the stupidity, but I hate to see others manipulate and berate. For whatever grandiose purpose.
  • #67,482
  • Jul 23, 2017 10:59am Jul 23, 2017 10:59am
Quoting NMZee
{quote} Seriously guys i had no idea this thread has become just like EU thread. Bear or bull both makes money here. Its a game of probability and avereging. Thats my opinion your's is different. I respect that. Both of us are correct.☺
you right
  • #67,483
  • Jul 23, 2017 11:08am Jul 23, 2017 11:08am
Quoting Dt3
{quote} HAHA, lol. Is ok, I understand skepticism very well...
Obviously you don't or you wouldn't rant. You also like to presume how others trade.
  • #67,484
  • Jul 23, 2017 11:09am Jul 23, 2017 11:09am
Quoting NMZee
{quote} Seriously guys i had no idea this thread has become just like EU thread. Bear or bull both makes money here. Its a game of probability and avereging. Thats my opinion your's is different. I respect that. Both of us are correct.☺
Thanks for understanding, but no chance this topic ever becomes like EUR.
  • #67,485
  • Edited 11:33am Jul 23, 2017 11:19am | Edited 11:33am
Quoting NMZee
{quote} Seriously guys i had no idea this thread has become just like EU thread. Bear or bull both makes money here. Its a game of probability and avereging. Thats my opinion your's is different. I respect that. Both of us are correct.☺
Averaging and probabilities can and do make money with just these 2 factors, many traders here do it and are profitable, no doubt. Conceded.

But, average and probable is not = to exact, hence; inferior.

Exact, specific, precise are definitive terms = superior.

No one dare talk like that for fear of being labeled a liar. Point being people settle and have to surround with like minded and same to justify

I will tell you, there are traders here in this forum who are so close to being exact, but they have not looked any further because they have settled. enough said.
  • #67,486
  • Jul 23, 2017 11:24am Jul 23, 2017 11:24am
Quoting SunTrader
{quote} Obviously you don't or you wouldn't rant. You also like to presume how others trade.
I asked you to tell us all why? So we can understand your demand. Again, plz explain?
  • #67,487
  • Jul 23, 2017 4:31pm Jul 23, 2017 4:31pm
Less chat more charts.

We can see UJ is at a point of support here. Could go down to 109, but having broken the downtrend recently, seems not unlikely it might just bounce off here, as I mentioned earlier.

Thoughts?

(chart daily)
Attached Image (click to enlarge)
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  • #67,488
  • Jul 23, 2017 5:50pm Jul 23, 2017 5:50pm
DBXJP: A good option for investors. BOJ expects growth of 1.8% this year - up from prior forecast of 1.6%.
Attached Image (click to enlarge)
Click to Enlarge Name: boj.jpg Size: 109 KB
We err, and err, and err again, but less.
  • #67,489
  • Jul 23, 2017 8:16pm Jul 23, 2017 8:16pm
presently selling from 112 towards 108
keep it simple
  • #67,490
  • Jul 23, 2017 9:48pm Jul 23, 2017 9:48pm
hoping price retracing to 111.500 at least to save my drowning positions

Attached Image (click to enlarge)
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  • #67,491
  • Jul 23, 2017 10:03pm Jul 23, 2017 10:03pm
Quoting Starcraftmaz
Less chat more charts. We can see UJ is at a point of support here. Could go down to 109, but having broken the downtrend recently, seems not unlikely it might just bounce off here, as I mentioned earlier. Thoughts? (chart daily) {image}
Agree with you friend as my analysis it will only down to 109.55 or 109.30. We can see the elliot wave principle on Daily chart. The false breakout at 114.45 as my selling price at 114.44, 114.32, 114.21. I plan to closed my transaction today and can take out my profit.

  • #67,492
  • Jul 23, 2017 10:15pm Jul 23, 2017 10:15pm
Have placed a sell stop order at 110.89. Hope I'm not missing something.
  • #67,493
  • Jul 23, 2017 10:27pm Jul 23, 2017 10:27pm
The pair remains strong bearish tone, immeidate support can be found around 110.70 zone, further decline is expected.
  • #67,494
  • Jul 23, 2017 10:45pm Jul 23, 2017 10:45pm
at Fib 61.8 now, price at the zone.

Attached Image (click to enlarge)
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  • #67,495
  • Jul 24, 2017 1:10am Jul 24, 2017 1:10am
109.50
  • #67,496
  • Jul 24, 2017 1:19am Jul 24, 2017 1:19am
Quoting shome
109.50
I see 109.60...why 109.50?
FF journal: Peaks and Troffs
  • #67,497
  • Jul 24, 2017 2:11am Jul 24, 2017 2:11am
Quoting bogus
{quote} I see 109.60...why 109.50?
Depends on which angle your seeing from, but it looks like same region for 109.50 and 109.60.
take your profits as you approach the region (109.35-109.65) don't wait to hit the actual mark. i chose the average value.
  • #67,498
  • Jul 24, 2017 3:36am Jul 24, 2017 3:36am
Quoting NagaMas
at Fib 61.8 now, price at the zone. {image}
don't panic
  • #67,499
  • Jul 24, 2017 4:01am Jul 24, 2017 4:01am
Quoting Mr.yen
{quote} don't panic
I agree.
This strong trend is most likely going to smash the Fib.
  • #67,500
  • Jul 24, 2017 4:30am Jul 24, 2017 4:30am
Panic just makes psychology worse..Bad psychology makes traders lose
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