USD/JPY Discussion

I'm looking at "traps", but yes it's sitting right in structure at the moment. Maybe it can squeak by. If not I cash out!! The more important structure is further in the past, around FEB 6 and Jan 26 to the left of current structure. That's the ones that matter as the previous bounces are the baby brothers to previous structure!

If I could have some experts critique this trade I have just taken out I would be thankful

Thanks in advance

i put another buy limit at 108.5, targets 109.2, 109.8, and maybe 110.3/5

stop below 108

What I see. Don't know if it will get there today....

your chart is a mess, i only have two indicators on mine

I wish

TENSION IS BUILDING

well, i'm short from a higher level than you and i'm buying just like I did yesterday and made 70 pips

hahaha

https://www.forexfactory.com/showthr...2#post10654692

i will buy two lots at 108.5 hehehe

i'm in, two lots, stop below 108

Didn't catch those indicators you are using...

my brain and hand hehehe

my stop is at 107.5 since 108 is just another strong support, overall i am in NET PROFIT woooooooo, beer/pizza time

i bet you that it won't get below 108.27/3

i gotta play some CODWW2 though, see ya later

Shooting back to 108.40++. But the aversion of government shutdown didnt help the bulls much earlier today . That increase had been wiped out

Looks like it's rejecting previous structure to the lefton Jan 28. around 108.41, It has to clear this to hit my target. We'll see, if not I cash out!

im afraid hedge fund's algorithmic trading would just push this to a whole new level of low.

I never laugh at or make fun of anyone on these threads. I merely displayed a chart showing a target that I saw below price. If it helped some of you, I'm glad. If it bothered some of you because your belief was that price would go up instead of down, there is nothing I can do. MrPresident took offense to my target and my interpretation of the data presented. I am not correct all the time, and make mistakes like everyone else. I welcome any dialogue and interpretations of our charts, and hope to engage in opinions and reasons for your thoughts. He mentions where he is buying and selling and so do I. If I'm wrong, I don't get angry at any poster, or the community in general. My error is owned by me and me only. This is a trading forum and not everyone can be right at the same time. Insults and anger while understandable, truly don't have a place in a community gathering to share information. I will remove the "highly entertaining"(cracked me up) posts, and wish everyone Happy Trading!

The pink line is my historic support and my TP

Attached Image (click to enlarge)

Well I love your posts. I’m learning and getting burnt, I’ve lost a lot and I really need to catch the bottom of this to start scalping up.

Im seeing 107.6 atm

As it's Friday, Make sure you finish the day off in profit. I cashed out a few pips before target for that reason. It was "close enough". The rest is up to you!!

nealpek, where did you enter your UJ short at?