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USD/JPY Discussion

  • #71,761
  • Nov 23, 2017 2:02pm Nov 23, 2017 2:02pm
who ever, how ever, or what ever, I will wear it with pride. Thanks for giving, and have a happy thanksgiving.
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  • #71,762
  • Nov 23, 2017 3:29pm Nov 23, 2017 3:29pm
Quoting 4xjunkie
something up, check out this pa.{image}someone pushed pause on the pip shoe. must be changing the reels.
It's Thanksgiving holiday in the US. Banks closed... no liquidity.
  • #71,763
  • Nov 23, 2017 4:45pm Nov 23, 2017 4:45pm
should get the verdict shortly, ive never seen one go past the point. Ill either be a hero or a zero.
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  • #71,764
  • Nov 23, 2017 6:43pm Nov 23, 2017 6:43pm
u re right my friend .... didnt follow u and i am burnt
  • #71,765
  • Nov 23, 2017 8:30pm Nov 23, 2017 8:30pm
viewers choice target 1 is at 111.5 or let it ride
  • #71,766
  • Nov 23, 2017 9:06pm Nov 23, 2017 9:06pm
Quoting 4xjunkie
viewers choice target 1 is at 111.5 or let it ride
Im in long with you on this one. But im not gonna ask for so much since we might just go into a retracement then head back down.
  • #71,767
  • Edited 9:50pm Nov 23, 2017 9:23pm | Edited 9:50pm
Quoting maflip
{quote} Im in long with you on this one. But im not gonna ask for so much since we might just go into a retracement then head back down.
I have my concerns as well as long as 110.5 is not touched. then im on the right page of my map. if we continue down then i have to go to the next page. there is only one other thing i have not seen that would confirm that im on the right page and i have not seen it yet. thats my concern . if it happens here then the stop could be hit frist. then directly up. time will tell. the only way to be safe from it will be to lower the stop to 111.00 and you will be safe for the longer ride.
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  • #71,768
  • Nov 23, 2017 9:50pm Nov 23, 2017 9:50pm
I think, We out, because Market outshie thanksgiving and Black Friday. Thanks God
  • #71,769
  • Nov 23, 2017 9:58pm Nov 23, 2017 9:58pm
Quoting 4xjunkie
{quote} I have my concerns as well as long as 110.5 is not touched. then im on the right page of my map. if we continue down then i have to go to the next page. there is only one other thing i have not seen that would confirm that im on the right page and i have not seen it yet. thats my concern . if it happens here then the stop could be hit frist. then directly up. time will tell. the only way to be safe from it will be to lower the stop to 111.00 and you will be safe for the longer ride.{image}
So far its working and im in the mooooneeyyyy. Measure the previous retracement that did the similar pattern it may retrace at same. But this time we might see some correctional abc waves. Last correctional move up is around 80 pips from bottom up. So we might be able to get 30 to 50 pips from this up move.
  • #71,770
  • Nov 23, 2017 10:01pm Nov 23, 2017 10:01pm
Quoting 4xjunkie
{quote} I have my concerns as well as long as 110.5 is not touched. then im on the right page of my map. if we continue down then i have to go to the next page. there is only one other thing i have not seen that would confirm that im on the right page and i have not seen it yet. thats my concern . if it happens here then the stop could be hit frist. then directly up. time will tell. the only way to be safe from it will be to lower the stop to 111.00 and you will be safe for the longer ride.{image}

Bro ,we will see 110.5 next week.We saw what is to come next week during wednesday session.I have a feeling there will be a lot of profit taking before close of the year.2017 was the year of the bull thanks to trumpie.

I expect the dollar to go down till dec FOMC with dollar longs getting closed.
Your friendly neighbourhood Sith
  • #71,771
  • Nov 23, 2017 10:01pm Nov 23, 2017 10:01pm
I'm long as well, but cautiously so.

112.5/7 is the highest I am willing to take it.
  • #71,772
  • Nov 23, 2017 10:37pm Nov 23, 2017 10:37pm
I called 2 entry's on this one so im going to take one off at 111.5 and let the other one ride. with the lower stop for safety. the large pattern has to play out. so far within half a pip from target.
  • #71,773
  • Nov 23, 2017 10:47pm Nov 23, 2017 10:47pm
I closed my longs and placed another short at 111.49.(my broker fucked up and I took advantage)

Looking forward to what we Asians call 'Balls to the wall' selloff during London session tonite and next week!!
Your friendly neighbourhood Sith
  • #71,774
  • Nov 23, 2017 11:33pm Nov 23, 2017 11:33pm
first R I see is 111.55, followed by 111.98...

waiting for 112.46/55 to short...
Look Sharp/Trade Tight
  • #71,775
  • Edited 11:58pm Nov 23, 2017 11:38pm | Edited 11:58pm
she just printed 111.5 target hit. 35 green pips for you. lowered the stop letting the second one ride. if gets silly which it very well may also adding a buy limit at 111.11 stop at 111.00 good luck traders.
  • #71,776
  • Nov 24, 2017 12:02am Nov 24, 2017 12:02am
So far so good crew... I raise SL to 111.32 fttb and let it run .

  • #71,777
  • Nov 24, 2017 12:05am Nov 24, 2017 12:05am
tempted to sell at 111.55, its about half ATR...kind thinking that if this thing is really a pig, the bounce should be shallow, everyone and their mother is waiting to sell a rally.....could play for 110.37, EU sitting at massive resistance...Friday, liquidity prolly gonna be low, maybe a shit your pants day...bears surely would like to close this under those weekly lows at 111.60/65...
Look Sharp/Trade Tight
  • #71,778
  • Edited 12:51am Nov 24, 2017 12:39am | Edited 12:51am
around 111.580 is the level of shorting USDJPY today

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  • #71,779
  • Nov 24, 2017 12:46am Nov 24, 2017 12:46am
Quoting PayTheLimit
tempted to sell at 111.55, its about half ATR...kind thinking that if this thing is really a pig, the bounce should be shallow, everyone and their mother is waiting to sell a rally.....could play for 110.37, EU sitting at massive resistance...Friday, liquidity prolly gonna be low, maybe a shit your pants day...bears surely would like to close this under those weekly lows at 111.60/65...
talked my self out of it, and saw something else I might want to take a flyer on...not gonna do anything in here today...have a good weekend...
Look Sharp/Trade Tight
  • #71,780
  • Nov 24, 2017 12:49am Nov 24, 2017 12:49am
Quoting fxmasterdxb
Long .22 aiming for .40
Finally some movement
now ill look for opportunities to short, no rush though
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