USD/JPY Discussion

good luck, and have a good weekend. i believe next week the pip printing machine will be on.

Was stoped at 113.25 with no gain nor damage.. I believe a low is forming near by, but I am in no hurry to call a bottom . It will happen by the end of the day , I believe. Patience .
E. and $BPound at tops

Well...... pa is rapid . .... Low at 113.22 might be the expected low Allready at 113.49 .

Long . and short E. and $BP

some decent looking levels for next week.....

If the Friday candle had more real body, I'd say it'll go south on Monday but, it's low probability as it is.

I was surprised it was not weaker myself....inside day..

Smallest range in the last 21 trading days and lowest volatility of the last 15 also. Breakout soon?

I believe that its going to go something like this. we have finished the first half of the pattern which is the slow half, the second is faster. only a few paint drying sessions.

Check out the USDX, classic evening star bearish reversal. U/J has been hitting hard resistance of 114-115. My thoughts are that the most likely thing on a weekly timeframe is that it will go down. Could reach back up to 114.something prior though.

$Y (h1)

my view ...
(buy or sell on external bands)

Is it worth ..?

P.S.
template (see Schaff Trend Cycle post 140)
indies ( see again previous thread posts 134,137,141)

200 EMA has been a strong resistance at H1.

IMO if it failed to breach, a fall to 113.2 can happen this week. PPI and CPI will be key drivers.

Usd/Jpy is sideway trading and showing no clear directional strength, immediate resistance can be seen at 114.00.

narrowed it down to 114.13 as R, discarded all my S's, will look again for something crispy...

Nikkei heavy again...

USD/JPY has almost reached 113.00 and I think that if it drops below that level it could continue depreciating to 112.00 or even to 111.65.

113.00 has lots of buyers and is proven to be a strong support level....

Bad PPI and CPI will surely push it to 112.

BOJ Kuroda will speak in about 2 hours time....any guesses as to JPY strengthens or weakens?

This could fly.

tax plan disappointments will be very bad for this pair

i'm selling from anywhere near 115 this week if we get there

Hey guys. Kind of slow day. Wanna hear a joke?

The US stock market goes both up and down. HAHAHAHAHAHA!

I know. It's hilarious. Everyone knows US equities only go up! 3x Levered S&P ftw. I have to admit, central banks have made trading ridiculously easy! Oh well, can't argue with risk-free profits. S&P 4000 by this time next year. Thank you SNB and Presidents working group on markets. Who needs a day job when you can day-trade an instrument that only ever goes up. Haha risk management has become an antiquated idea. Anyway, hope everyone is having a good day. Green points and pips to all. May the US bull market never end!