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USD/JPY Discussion

  • #72,561
  • Jan 9, 2018 2:22am Jan 9, 2018 2:22am
Quoting Liquidsnake
{quote} positiv average cash earnings report.
Thanks for the reply. It appears it had something to do with BOJ amd tapering. Yen is still running wonderfully.
The Earth is flat!
  • #72,562
  • Jan 9, 2018 2:33am Jan 9, 2018 2:33am
choppy market mostly, not much change over the last 30 days....standing aside...
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Look Sharp/Trade Tight
  • #72,563
  • Jan 9, 2018 7:33am Jan 9, 2018 7:33am
Almost...

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  • #72,564
  • Jan 9, 2018 7:44am Jan 9, 2018 7:44am
No need for charts for something so simple and obvious, lol. 112.50 is being guarded fervently for now. How should you play it? Well, it is obvious, isn't it?
  • #72,565
  • Jan 9, 2018 7:47am Jan 9, 2018 7:47am
Quoting Tfh
{quote} Thanks for the reply. It appears it had something to do with BOJ amd tapering. Yen is still running wonderfully.
ahh, cool, thanks and apologies
  • #72,566
  • Jan 9, 2018 7:59am Jan 9, 2018 7:59am
USD/JPY

2 Alternatives ; 111.95 is the key level

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  • #72,567
  • Jan 9, 2018 8:21am Jan 9, 2018 8:21am
waiting for another entry, either short from 113.5 or long from 112

it might get below 112 soon though if US data is bad this week
Don't Worry Be Happy
  • #72,568
  • Jan 9, 2018 8:25am Jan 9, 2018 8:25am
Quoting MrPresident
waiting for another entry, either short from 113.5 or long from 112 it might get below 112 soon though if US data is bad this week
Sounds like a solid plan Mr President.
  • #72,569
  • Jan 9, 2018 1:48pm Jan 9, 2018 1:48pm
USD/JPY dropped today to 112.42. Indicators on H4 are showing oversold conditions and lack of directional stregth. Below today low the pair is likely to retest 112.00.
  • #72,570
  • Jan 9, 2018 1:54pm Jan 9, 2018 1:54pm
if it gets to around 112.8, I feel like selling it because my heart tells me to
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Don't Worry Be Happy
  • #72,571
  • Jan 9, 2018 2:06pm Jan 9, 2018 2:06pm
Quoting MrPresident
if it gets to around 112.8, I feel like selling it because my heart tells me to {image}
I believe many people are already short.
  • #72,572
  • Jan 9, 2018 4:56pm Jan 9, 2018 4:56pm
NOW 112.62 -17:55 I will be a buyer at 112.70 ON STOP. SL at 50

  • #72,573
  • Jan 9, 2018 5:05pm Jan 9, 2018 5:05pm
Should be good for a few pips while the correction is on.
  • #72,574
  • Jan 9, 2018 7:01pm Jan 9, 2018 7:01pm
TP hit...guard at 112.50 finally surrendered



Quoting jorgz
Almost... {image}
  • #72,575
  • Jan 9, 2018 8:42pm Jan 9, 2018 8:42pm
Quoting Lot77
USD/JPY dropped today to 112.42. Indicators on H4 are showing oversold conditions and lack of directional stregth. Below today low the pair is likely to retest 112.00.

Indicators are the path to the dark side…indicators lead to loses…loses lead to drawdown…drawdown leads to margin call
Learn, a forex trader must, unlearn and relearn he will.
  • #72,576
  • Jan 9, 2018 8:48pm Jan 9, 2018 8:48pm
Quoting COGSx86
{quote} Indicators are the path to the dark side…indicators lead to loses…loses lead to drawdown…drawdown leads to margin call
The devil's chain of contingencies LOL....We all being there....
luck is a loser's excuse
  • #72,577
  • Jan 9, 2018 11:41pm Jan 9, 2018 11:41pm
Quoting MrPresident
if it gets to around 112.8, I feel like selling it because my heart tells me to {image}
I like the idea, but I'd like to see us take the support out 112 first, then sell the bounce...
Attached Image (click to enlarge)
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Look Sharp/Trade Tight
  • #72,578
  • Jan 10, 2018 6:50am Jan 10, 2018 6:50am
Quoting Beyfor
USD/JPY 2 Alternatives ; 111.95 is the key level {image} {image}

ALT 2 ACTIVATED

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ALT 2 ACTIVATED
  • #72,579
  • Jan 10, 2018 7:52am Jan 10, 2018 7:52am
Quoting MrPresident
if it gets to around 112.8, I feel like selling it because my heart tells me to {image}
wow, my heart is great because the pair went down past 112
Don't Worry Be Happy
  • #72,580
  • Jan 10, 2018 8:14am Jan 10, 2018 8:14am
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