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USD/JPY Discussion

  • #72,821
  • Jan 25, 2018 8:31am Jan 25, 2018 8:31am
breaking over some short term resistance, on this short term move up - counter trend, so far, but I like it if e/u & g/u continue to slide after big news, the problem is, there's only a little bit of room for them to retrace before they reach support, but that is a pretty significant pivot on UJ
big money makes big moves and then hides during small money chasing.
  • #72,822
  • Jan 25, 2018 8:42am Jan 25, 2018 8:42am
long very small amount here on this small second leg pullback as E&G/U Pull back a bit more, they're too hot for me to consider at this time
big money makes big moves and then hides during small money chasing.
  • #72,823
  • Jan 25, 2018 8:49am Jan 25, 2018 8:49am
I just added on this pullback on the 1m, still very small sized tho and tight stop
big money makes big moves and then hides during small money chasing.
  • #72,824
  • Jan 25, 2018 8:50am Jan 25, 2018 8:50am
Quoting 4xjunkie
{quote} yes we are finally there I believe another bounce off of the upper low and its off just waiting for conformation with p.a. then it will develop slow but she will be a nice ride, just unsure about where at this point should see 114.00 again, for a lower target going to have to see how it develops. the cadence will be for the lows something like xxx.50, then xxx.80 then go. go is going to have 3 very strong moves up. the initials is a real thing. just remembered it when i seen it. yes most pairs are in for a turnaround, for several hundred...

I know that I will win the sentiment game , but I deserve some spanking for being a bear and missing the bear train myself
Your friendly neighbourhood Sith
  • #72,825
  • Jan 25, 2018 8:59am Jan 25, 2018 8:59am
stopped out, too much chop to depend on these patterns after so much news, so it was a bad idea
big money makes big moves and then hides during small money chasing.
  • #72,826
  • Jan 25, 2018 9:15am Jan 25, 2018 9:15am
lets see if 108.50 gets it done.
  • #72,827
  • Jan 25, 2018 9:23am Jan 25, 2018 9:23am
Quoting corrman
stopped out, too much chop to depend on these patterns after so much news, so it was a bad idea
sell with a small position and a wider stop and you will be more successful since the pair is coming down towards 108.5 and then 107 area
Don't Worry Be Happy
  • #72,828
  • Jan 25, 2018 9:24am Jan 25, 2018 9:24am
DAILY FOREX TRADE USDJPY BUY 1

Inserted Video
  • #72,829
  • Jan 25, 2018 9:27am Jan 25, 2018 9:27am
Quoting MrPresident
{quote} sell with a small position and a wider stop and you will be more successful since the pair is coming down towards 108.5 and then 107 area
that is a better idea, i was counter trend and wasn't thinking correctly at the time, made it back on EU so at least no loss on day
big money makes big moves and then hides during small money chasing.
  • #72,830
  • Jan 25, 2018 9:32am Jan 25, 2018 9:32am
Quoting Hdfx
DAILY FOREX TRADE USDJPY BUY 1 https://youtu.be/YDPnwpJQ6kY
no, that is like being an animal and standing in front of a fast moving train

if you want to be successful with this pair, then you have to be like the guys at 2m and 44s in the video

Inserted Video
Don't Worry Be Happy
  • #72,831
  • Jan 25, 2018 9:41am Jan 25, 2018 9:41am
Quoting F.g
Longed at 108.87 and 8.95 SL @ 108.62
Stoped but reentered long . SL at 108.40 fttb...
  • #72,832
  • Jan 25, 2018 10:47am Jan 25, 2018 10:47am
Quoting MrPresident
{quote} no, that is like being an animal and standing in front of a fast moving train if you want to be successful with this pair, then you have to be like the guys at 2m and 44s in the video https://youtu.be/3t7Gf5oQHnE?t=2m45s


Inserted Video
  • #72,833
  • Jan 25, 2018 11:41am Jan 25, 2018 11:41am
USD/JPY accelerates decline after failing to hold above the support around 108.80-75. Next target for bears is seen at 108.25.
  • #72,834
  • Jan 25, 2018 1:08pm Jan 25, 2018 1:08pm
And there goes the trend!
  • #72,835
  • Jan 25, 2018 1:12pm Jan 25, 2018 1:12pm
its on trump statement
Think Think Think.
  • #72,836
  • Jan 25, 2018 1:14pm Jan 25, 2018 1:14pm
On any chart sub 5 minute - dead cat bounce short covering rally seems:
Attached Image (click to enlarge)
Click to Enlarge Name: UJ M5 resistance.png Size: 40 KB
  • #72,837
  • Jan 25, 2018 1:25pm Jan 25, 2018 1:25pm
Quoting Alluri
its on trump statement
I don't know what he said, but I love him for saying it.
  • #72,838
  • Jan 25, 2018 1:32pm Jan 25, 2018 1:32pm
Quoting 4xNewGuy
{quote} I don't know what he said, but I love him for saying it.
https://www.cnbc.com/2018/01/25/trum...-stronger.html
Think Think Think.
  • #72,839
  • Jan 25, 2018 1:33pm Jan 25, 2018 1:33pm
Quoting Alluri
{quote} https://www.cnbc.com/2018/01/25/trum...-stronger.html
Thanks for the post.
  • #72,840
  • Jan 25, 2018 1:38pm Jan 25, 2018 1:38pm
Yesterday they said weak, today strong, tomorrow flip a coin. Amateur hour.

Outcome dollar strong, stocks weak.
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