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USD/JPY Discussion

  • #69,161
  • Oct 1, 2017 9:57am Oct 1, 2017 9:57am
Quoting MrPresident
{quote} it's not a "referendum" because it is illegal and there won't be much U/J downside it's still good to buy in my opinion and that's what I'm doing hehehe

They are already saying Spain lost Catalonia.Lets see

Yen might strengthen.Few more hours to open.

PS:EDIT:Spain might default on EU loans without Catalonia
Your friendly neighbourhood Sith
  • #69,162
  • Oct 1, 2017 10:00am Oct 1, 2017 10:00am
$Y (h4)


P.S.
... until proven otherwise ...
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... panta rei ... (Heraclitus of Ephesus, 535-475 BC)
  • #69,163
  • Oct 1, 2017 11:03am Oct 1, 2017 11:03am
Quoting jusstin911
Hoping to see a bear signal on lower TF if this would make sense.. UJ been pretty dogi lately Happy Weekend {image}
be careful my friend ,,,,,,
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  • #69,164
  • Oct 1, 2017 11:15am Oct 1, 2017 11:15am
Quoting digger1
{quote} be careful my friend ,,,,,, {image}
A good place to short for a while on the monthly... Yes I agree caution needs to be taken at these sticky level
hope your weekend was good bro
  • #69,165
  • Oct 1, 2017 12:30pm Oct 1, 2017 12:30pm
looks like a 15 pip gap up
Don't Worry Be Happy
  • #69,166
  • Oct 1, 2017 3:44pm Oct 1, 2017 3:44pm
This is going nowhere
Your friendly neighbourhood Sith
  • #69,167
  • Oct 1, 2017 11:37pm Oct 1, 2017 11:37pm
The pair remains strong upward momentum, resistance level can be found at 113 handle and follow by 113.25/30 zone.
  • #69,168
  • Oct 1, 2017 11:41pm Oct 1, 2017 11:41pm
Good day crew...
Long since Fri. Lifting my SL to 112.40 I don't see why this upmove won't continue ...

Similarly I don't see why E. won't slide more ....

  • #69,169
  • Oct 2, 2017 1:59am Oct 2, 2017 1:59am
Pareto Principle, applied to FX market LOL


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  • #69,170
  • Oct 2, 2017 3:09am Oct 2, 2017 3:09am
Quoting csc2009
The pair remains strong upward momentum, resistance level can be found at 113 handle and follow by 113.25/30 zone.
I agree. Also, I don't think the renewal of the upward trend will be confirmed before a breakout above 113.30.
  • #69,171
  • Oct 2, 2017 3:49am Oct 2, 2017 3:49am
Scaled in short here

USD/JPY BEARISH CWW - RENKO 20 PIP BRICKS
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Pride always comes before destruction.... -Proverbs 16:18
  • #69,172
  • Oct 2, 2017 6:10am Oct 2, 2017 6:10am
112.2 is strong support

i think that it will be bullish today and the next target is 113.8 followed by 114.5
Don't Worry Be Happy
  • #69,173
  • Oct 2, 2017 7:01am Oct 2, 2017 7:01am
good US data, i think that we are going to go higher today
Don't Worry Be Happy
  • #69,174
  • Oct 2, 2017 10:36am Oct 2, 2017 10:36am
Quoting hajiuntung66
{quote} how much tick you use sir?
None, I don't scalp - if I understand your question correctly?
  • #69,175
  • Oct 2, 2017 11:37am Oct 2, 2017 11:37am
Dovish news for USD.. this is going to tank
  • #69,176
  • Oct 2, 2017 11:44am Oct 2, 2017 11:44am
Scaling long beginning @ 112.25 or 38.2 fib-ray, whichever happens first.
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  • #69,177
  • Oct 2, 2017 11:48am Oct 2, 2017 11:48am
UJ is holding its own (basically unchanged) considering the Yen is strong against the Euro, Pound and even Swissie today.
  • #69,178
  • Oct 2, 2017 7:31pm Oct 2, 2017 7:31pm
Quoting MrPresident
112.2 is strong support i think that it will be bullish today and the next target is 113.8 followed by 114.5
I think they will take it to 115 this month. Next month Trump goes to Japan. Before he goes to Japan the YEN will rise against USD so that Abe does not have to hear any BS From Trump about the Japanese Yen being too weak.

Look at Oil prices prior to UN meeting how they went up prior to meeting so that Trump administration would not have to hear leaders from oil producing countries complaining about oil prices. Now that they have left oil prices should drop. Watch and see.. Already dropped from 52+ to just over 50 now
  • #69,179
  • Oct 2, 2017 7:39pm Oct 2, 2017 7:39pm
Quoting stylinex
{quote} I think they will take it to 115 this month. Next month Trump goes to Japan. Before he goes to Japan the YEN will rise against USD so that Abe does not have to hear any BS From Trump about the Japanese Yen being too weak. Look at Oil prices prior to UN meeting how they went up prior to meeting so that Trump administration would not have to hear leaders from oil producing countries complaining about oil prices. Now that they have left oil prices should drop. Watch and see.. Already dropped from 52+ to just over 50 now
I thought Japan wanted to devalue the yen to increase exports, no?
  • #69,180
  • Oct 3, 2017 4:34am Oct 3, 2017 4:34am
113.5 area looks possible. 114.1 too.. hmm..
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