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USD/JPY Discussion

  • #71,081
  • Nov 2, 2017 10:21am Nov 2, 2017 10:21am
Yen has had a lot of nice signs of strength over past 24 hours, will it finally break huge resistance above or dive downwards?
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  • #71,082
  • Nov 2, 2017 11:12am Nov 2, 2017 11:12am
Looks like we're moving...toying with the 114 handle
  • #71,083
  • Nov 2, 2017 4:48pm Nov 2, 2017 4:48pm
It is always a stop hunt ... when it goes against you.
  • #71,084
  • Nov 2, 2017 5:20pm Nov 2, 2017 5:20pm
Quoting SunTrader
It is always a stop hunt ... when it goes against you.
If you think you can or cannot do it you are correct
  • #71,085
  • Nov 2, 2017 6:30pm Nov 2, 2017 6:30pm
Quoting Olu
{quote}
Hey The Big "O". How ya doin'?
  • #71,086
  • Nov 2, 2017 8:11pm Nov 2, 2017 8:11pm
While I haven't been able to take any good longer term swing trades lately the past few weeks/months shorting u/j during Asian session has become a profitable staple trade.
  • #71,087
  • Edited 11:20pm Nov 2, 2017 10:50pm | Edited 11:20pm
Back in the chop, the more we go through the sooner it will be over. if i had to guess this is what i would be looking for , really want to say the blue line, is the line in the sand.
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edited chart
  • #71,088
  • Nov 3, 2017 3:01am Nov 3, 2017 3:01am
Ohh what a consolidation. I am waitng for a spike up to get a better sell price.
  • #71,089
  • Nov 3, 2017 3:13am Nov 3, 2017 3:13am
If I had to guess a good support today, I guess 113.37....
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Look Sharp/Trade Tight
  • #71,090
  • Nov 3, 2017 3:19am Nov 3, 2017 3:19am
On a side note: if we look at the US NFP data tonight (8.30pm my time), forecast actually shows significant improvement from last month, which will strengthen the greenbacks, leading to a bullish UJ to probably 114.4 mark or even higher? Any opinions on this?
Live to fight another day
  • #71,091
  • Nov 3, 2017 4:26am Nov 3, 2017 4:26am
to the upside 115.00 is becoming clearer, on the downside 113.138 could act the support, that is if it gets there.
Keep the Lights on then you can catch the rise from the dark.
  • #71,092
  • Nov 3, 2017 6:14am Nov 3, 2017 6:14am
Quoting James0205
On a side note: if we look at the US NFP data tonight (8.30pm my time), forecast actually shows significant improvement from last month, which will strengthen the greenbacks, leading to a bullish UJ to probably 114.4 mark or even higher? Any opinions on this?
Yes, Needs positive data to break the strong resistance
Om Namah Shivaya
  • #71,093
  • Nov 3, 2017 6:30am Nov 3, 2017 6:30am
I'm going to face the NFP today with a fork..

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  • #71,094
  • Nov 3, 2017 6:52am Nov 3, 2017 6:52am
My 2cents
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  • #71,095
  • Nov 3, 2017 7:23am Nov 3, 2017 7:23am
When the jobs numbers come out worse than expected this baby's going down
  • #71,096
  • Nov 3, 2017 7:25am Nov 3, 2017 7:25am
Trap is out for bull.
  • #71,097
  • Edited 7:47am Nov 3, 2017 7:28am | Edited 7:47am
EU

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stopped, but re-entry..

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  • #71,098
  • Edited 7:49am Nov 3, 2017 7:29am | Edited 7:49am
UJ

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update:

the fork is fine
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  • #71,099
  • Nov 3, 2017 7:50am Nov 3, 2017 7:50am
Quoting Mwfinad1211
When the jobs numbers come out worse than expected this baby's going down
Boom! Huge block of sell orders at 114.13. Jobs reports was just an excuse and event to draw liquidity... Sooner or later its gonna drop from this level and there won't be anyone left to BTFD until lower levels.
  • #71,100
  • Nov 3, 2017 7:59am Nov 3, 2017 7:59am
Why such concern about what "they" do?
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