USD/JPY Discussion | Page 3466 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

USD/JPY

Similar Threads

USD/JPY Discussion 12 replies

NZD/JPY Discussion 12 replies

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

EUR/USD Bollinger Band Discussion 3 replies

Suidster's GBP/JPY Discussion 19 replies

Attachments: USD/JPY Discussion
Exit Attachments

USD/JPY Discussion

  • #69,301
  • Oct 6, 2017 7:58am Oct 6, 2017 7:58am
Quoting darthPip
112.88.Looks like the rally in morning might have been a nice bull trap!!
NK talking about testing a missile capable of hitting the west coast. FUD.
  • #69,302
  • Oct 6, 2017 7:58am Oct 6, 2017 7:58am
Buy, buy, buy became bye, bye, bye in a flash! TD sequential sell at the top:
Attached Image (click to enlarge)
Click to Enlarge Name: TD Seq 13 Sell.png Size: 35 KB
  • #69,303
  • Oct 6, 2017 7:59am Oct 6, 2017 7:59am
is this because of north korea new or nfp...?
  • #69,304
  • Oct 6, 2017 8:03am Oct 6, 2017 8:03am
typical trade patterns after NPF. The more reasons we advocate not to trade on NPF day. it can actually be deadly. I blown up my account on NPF day before some yrs back. I don't trade NPF mostly anymore
  • #69,305
  • Oct 6, 2017 8:03am Oct 6, 2017 8:03am
Quoting Liquidsnake
is this because of north korea new or nfp...?
Does it really matter? Anyway IMO NFP did it.
  • #69,306
  • Oct 6, 2017 8:06am Oct 6, 2017 8:06am
Quoting SunTrader
{quote} Does it really matter? Anyway IMO NFP did it.
yes it matters, because if it was because of the NK threat, i will expect an immediate pullback!
  • #69,307
  • Oct 6, 2017 8:06am Oct 6, 2017 8:06am
1min chart is actually a good tf for trading NPF reactions because most times, the first move on release of data get reversed after some times but it is hard to note d actual spot. 1 min chart can give a hint
  • #69,308
  • Oct 6, 2017 8:16am Oct 6, 2017 8:16am
Already in red on daily chart.30 something more pips down and we will actually end the UJ week in red.
Your friendly neighbourhood Sith
  • #69,309
  • Oct 6, 2017 8:19am Oct 6, 2017 8:19am
what the hell happend -2500 $
  • #69,310
  • Oct 6, 2017 8:26am Oct 6, 2017 8:26am
Why are we blaming NFP?

It was actually rallying and made a new high of the day.

Then North Korea happened lol.

Doesn't matter, I added longs. First target 113.80, next 114.
  • #69,311
  • Oct 6, 2017 8:30am Oct 6, 2017 8:30am
Quoting MoneyFocus
Why are we blaming NFP? It was actually rallying and made a new high of the day. Then North Korea happened lol. Doesn't matter, I added longs. First target 113.80, next 114.
i prey and hope that it was due to the NK threat (weird sentence lol). the more test scares, the older it because, markets become more used to it and the pullbacks should be more predictable.
  • #69,312
  • Oct 6, 2017 8:32am Oct 6, 2017 8:32am
Quoting Liquidsnake
{quote} i prey and hope that it was due to the NK threat. the more test scares, the older it because, markets become more used to it and the pullbacks should be more predictable.
Not true, given the severity of the threat this poses. This can easily devolve into a regional war.
  • #69,313
  • Oct 6, 2017 8:35am Oct 6, 2017 8:35am
HS completed. Short side.
Forcemeat can not be unrolled back...
  • #69,314
  • Oct 6, 2017 8:36am Oct 6, 2017 8:36am
Quoting Liquidsnake
{quote} yes it matters, because if it was because of the NK threat, i will expect an immediate pullback!
And what if it didn't pullback?

Expect the unexpected and just trade what does happen. Not what the news is and what the talking heads tell us to expect.
  • #69,315
  • Oct 6, 2017 8:37am Oct 6, 2017 8:37am
Quoting Liquidsnake
{quote} i prey and hope that it was due to the NK threat (weird sentence lol). the more test scares, the older it because, markets become more used to it and the pullbacks should be more predictable.
Exactly. Buy the dips and be rewarded.
  • #69,316
  • Oct 6, 2017 8:42am Oct 6, 2017 8:42am
Buy the dip? The low on H4 bar took out the previous 5 bars low. IMO there of course will be a pop but then most likely much lower.
  • #69,317
  • Oct 6, 2017 8:42am Oct 6, 2017 8:42am
Quoting SunTrader
{quote} And what if it didn't pullback? Expect the unexpected and just trade what does happen. Not what the news is and what the talking heads tell us to expect.

UJ dropped 50 pips in 2 mins while missile was still in the air during the last time(sept 14/Sept 15) till it landed safely.The total flight time was just 6 mins.
Your friendly neighbourhood Sith
  • #69,318
  • Oct 6, 2017 8:44am Oct 6, 2017 8:44am
Quoting darthPip
{quote} UJ dropped 50 pips in 2 mins while missile was still in the air during the last time(sept 14/Sept 15) till it landed safely.The total flight time was just 6 mins.
And?
  • #69,319
  • Oct 6, 2017 8:46am Oct 6, 2017 8:46am
Quoting SunTrader
{quote} And?

So the reaction is pretty sharp and quick compared to what happened today which was because of NFP.The drop was followed by a quick pullback on Sept 14/Sept 15
Your friendly neighbourhood Sith
  • #69,320
  • Oct 6, 2017 8:48am Oct 6, 2017 8:48am
Quoting SunTrader
Buy the dip? The low on H4 bar took out the previous 5 bars low. IMO there of course will be a pop but then most likely much lower.
If the drop was due to NFP, I would agree with you. But it was because of North Korea.
93 traders viewing now