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USD/JPY Discussion

  • #72,101
  • Dec 4, 2017 3:31am Dec 4, 2017 3:31am
The pair started the week with a bullish gap, usd/jpy is very likely to break above 113 level, and accelerate to next resistance zone around 113.50/60.
  • #72,102
  • Dec 4, 2017 6:26am Dec 4, 2017 6:26am
Expecting the usual Central Bank Ramp @ US Equity Open.
  • #72,103
  • Dec 4, 2017 7:12am Dec 4, 2017 7:12am
BTFD!
  • #72,105
  • Dec 4, 2017 7:55am Dec 4, 2017 7:55am
Btfd once again proving itself successful on U/J. Easy $
  • #72,106
  • Dec 4, 2017 8:17am Dec 4, 2017 8:17am
remember the gap has not yet been closed, so bearish time is coming.according to my resistance level,stochastics and RSI we are almost going short
  • #72,107
  • Dec 4, 2017 8:25am Dec 4, 2017 8:25am
How I learned to stop worrying and Love the Ramp!
  • #72,108
  • Dec 4, 2017 8:48am Dec 4, 2017 8:48am
What to do, What to do. Rates are probably going up this month, good for currency. Tax plan passed(already factored in I believe). Nice supply above, nice demand below! HMMMMMMMMM!!!!
  • #72,109
  • Dec 4, 2017 8:49am Dec 4, 2017 8:49am
Quoting darthPip
short @112.72.Other than the FOMC which will do a rate hike,I dont see any point for dollar to rally now. @4xjunkie : for the first time we both are sailing in same boat.And I dont blame u.Bearish sentiment is contagious
Are you still holding that short? I am. glad i went to sleep eu session about as good as Asia was. boring, I think well get some movement soon.
  • #72,110
  • Dec 4, 2017 8:51am Dec 4, 2017 8:51am
Quoting 4xjunkie
{quote} Are you still holding that short? I am. glad i went to sleep eu session about as good as Asia was. boring, I think well get some movement soon.
Yes I am still holding it.My trades are generally with a lot of breathing room.
Your friendly neighbourhood Sith
  • #72,111
  • Dec 4, 2017 8:57am Dec 4, 2017 8:57am
Really boring day, i hate small range days
  • #72,112
  • Dec 4, 2017 9:11am Dec 4, 2017 9:11am
Quoting fxmasterdxb
Really boring day, i hate small range days
Hourly close below 112.77 will open the door for bears to take control
  • #72,113
  • Dec 4, 2017 9:26am Dec 4, 2017 9:26am
thinking the same really, new 4h candle on the next hour, 11 am in N.Y. anything can happen.
  • #72,114
  • Dec 4, 2017 10:00am Dec 4, 2017 10:00am
Quoting fxmasterdxb
{quote} Hourly close below 112.77 will open the door for bears to take control
So close below 112.77 is acheived, now close below 112.65 will open the path to 110.65 by end of this week
  • #72,115
  • Dec 4, 2017 11:02am Dec 4, 2017 11:02am
Time to Buy the Dip!
  • #72,116
  • Dec 4, 2017 11:04am Dec 4, 2017 11:04am
Quoting fxmasterdxb
I'm bearsih on UJ today, just sold @ 112.86 with SL 113.10 and TP 112.25
SL @BE
  • #72,117
  • Dec 4, 2017 11:55am Dec 4, 2017 11:55am
Looks like LoTD is in. Next stop 113.249
  • #72,118
  • Dec 4, 2017 1:30pm Dec 4, 2017 1:30pm
Quoting Mwfinad1211
Looks like LoTD is in. Next stop 113.249
So much for that. Premature observation.
  • #72,119
  • Dec 4, 2017 1:34pm Dec 4, 2017 1:34pm
Quoting fxmasterdxb
{quote} SL @BE
Here we go, 112.3 target is still in play
  • #72,120
  • Dec 4, 2017 5:51pm Dec 4, 2017 5:51pm
am selling usd/jpy my tp is 111.60936
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