USD/JPY Discussion

wahts up i been traiding for about 5 months. I dont know much but I was wondering if this looks like a possible trade.( bullish trade )
GBP CHF

I believe we might see some big moves in the US dollar today. Will look for a retracement on UJ during London Session and will place long. Good luck to shorts out there!

tough market to sell, tough market to buy right now...see a host of possible resistance, but seems like one runs into the other, cant put my finger on something that I would be willing to take a flyer right now....114.92 perhaps...support wise 113.46 will look better if we move higher first, and 113.05 still looking key...

And now for what I do remember,I can guarantee The next 1000 pips. we will see who my friends are after this. If my calculations are right 114.0 will be tested with volitivity. soon. This is my dream trade, on the largest time frame i can remember. the cadence will follow test 114.00 holds (key for the setup for 1000 pips.) then 112.75 is where i would put my tale profit and buy for the wildest ride i know,to 115.45 stop at 112.50. (the sentiment trade we should make targets). then I guarantee 110.00 will be printed before the top is taken out. it goes farther but not lower then the low before a bounce or something.

now to take off some of the somke and mirrors. im just a normal person who is fanicated with the fx markerts my wife named me. "your just a junkie when it comes to your fake money." yes i said it fake . im a demo trader i have said numerous time that i live a life if absolutes. If i get burned once you better believe that ill be ready next time. I had a live account in 2008 $50 didnt really know what i was doing,working towards another live one.

i dare anyone to challenge the cadence if 114.00 holds and she turns around at 112.7x neighborhood. i kept the fact that i was a demo trader because i know what was going on on the charts and i couldent sit by and watch good people loose there equity without at least having an alternative opinion. you can lead a horse to water if he dont drink its his fault. when everyon was selling 113.3 weeks ago to 107.5 i devised the sentiment trade.

so if you have an extra bullet laying around put it on for me. again this is the trade ive always wanted to make.I will check in on the corners and 110.00 Good luck trading everyone. Plan your trades trade your plans. Going to grow some enormous demo accounts. the bull bantor is over. Im not going anywhere just going to take a step back and watch some green pips.I will keep the semtiment trade updated until it is compleated.

current position

USD/JPY has serious support zones above, up movement will be much more difficult than a down move. Either could happen though.

Above "support" zone called resistance. Support zone is always below.
Down move for me looks imposible. Direction decision was taken and no way back. Just consolidating a bit.
Any market event will plunge up. Every low dip will be engulfed.
Thats my trading plan. ))

Meant supply zone*. Demand and supply zones are different from s&r, good luck!

I`ve got your point. Nevertheless. downside doesn`t look for me as profitable. TP2ALL.

how long you are planing to hold this position ?

USD/JPY broke out above the last local high at 113.80 after a few days of consolidation below it. I think it will continue rallying to 114.50.

Do you think USDJPY will break its 114.50 Level ?

Upper channel border is around 114.75-115 so far. Shorters can find some entry there.
I will also hedge my profits.
115.5 is also in the scope, be careful with shorts.

I've set the target..

I wish It could reach the Weekly TL

Something like this.

Ah, yes. Of course, that's It

But I told you all, I'm just a day trader

about u/j it may and it mayn't it may even go up to last resistance 116.869723 but be careful because the leger trend is dawn till 100.329525. so am waiting for clear signal may be to short it or long .

just for the fun

Wow, six digits....