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USD/JPY Discussion

  • #73,921
  • Mar 1, 2018 2:00pm Mar 1, 2018 2:00pm
Set a buy limit at 106, tp is unknown

stop below 106

Reason: Feb 15/16 daily candles did not close below 106
Don't Worry Be Happy
  • #73,922
  • Mar 1, 2018 2:11pm Mar 1, 2018 2:11pm
Someone had someone by the balls in 1913 and squeezed and we haven't had free market money since. It's hard to win a race if they always move the finish line. Never in mankind's history has currency printing worked, NEVER. And here we are today printing like crazy all over the world. When shit hit's the fan again, the only solution these leaders have is to print more currency. I guess it requires a PHD in economics to think that way.
  • #73,923
  • Mar 1, 2018 2:27pm Mar 1, 2018 2:27pm
Quoting MrPresident
Set a buy limit at 106, tp is unknown stop below 106 Reason: Feb 15/16 daily candles did not close below 106
I hope you are right.... I'm getting killed today.... Come on bounce....
"As If" Friedman
  • #73,924
  • Mar 1, 2018 3:05pm Mar 1, 2018 3:05pm
Agree with the President... I ll be a buyer at 106.11 if reached ...

  • #73,925
  • Mar 1, 2018 3:40pm Mar 1, 2018 3:40pm
Quoting mbh37
{quote} I hope you are right.... I'm getting killed today.... Come on bounce....
If you are not confident in your trading ability, then don’t trade

also, don’t rely on me or anyone else to make your decisions
Don't Worry Be Happy
  • #73,926
  • Mar 1, 2018 3:48pm Mar 1, 2018 3:48pm
Interesting day! Simply buying and selling the handles can be a viable method, but I've seen price shoot through levels like 108 above and never look back. Markets do what they do with no mercy!
  • #73,927
  • Mar 1, 2018 4:54pm Mar 1, 2018 4:54pm
USD/JPy Almost at 106, see what happens

EUR/JPY falling down too
Don't Worry Be Happy
  • #73,928
  • Mar 1, 2018 5:00pm Mar 1, 2018 5:00pm
Quoting F.g
Agree with the President... I ll be a buyer at 106.11 if reached ...
Hit...Long now.

  • #73,929
  • Mar 1, 2018 5:06pm Mar 1, 2018 5:06pm
Im with you guys 106.03
  • #73,930
  • Mar 1, 2018 5:26pm Mar 1, 2018 5:26pm
We still could see a fall below 106 so be careful

once Tokyo stocks start trading in 30 min, the direction of the price will be known

so far in premarket, nikkei225 is positive

I don’t know how the Asian markets will react to the tariffs

106 is just a technical support level where there could be a bounce higher
Don't Worry Be Happy
  • #73,931
  • Mar 1, 2018 5:44pm Mar 1, 2018 5:44pm
Quoting F.g
{quote} Hit...Long now.
Quoting 4xjunkie
Im with you guys 106.03
I'm in too. Good luck for us guys.
Together we can be strongest
Vantage Return This Month: na
  • #73,932
  • Mar 1, 2018 6:09pm Mar 1, 2018 6:09pm
If break 105.00 level we will see 100 level again..
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  • #73,933
  • Mar 1, 2018 6:51pm Mar 1, 2018 6:51pm
Nikkei may recover slightly, overnight. I am long USD/JPY @ 106.22 with a target of 106.96
It's a big game.
  • #73,934
  • Mar 1, 2018 7:24pm Mar 1, 2018 7:24pm
I closed my trade and i'll wait a few more for to open buy again.
Together we can be strongest
Vantage Return This Month: na
  • #73,935
  • Mar 1, 2018 7:36pm Mar 1, 2018 7:36pm
sell below106.400.
buy above 106.700
  • #73,936
  • Mar 1, 2018 7:39pm Mar 1, 2018 7:39pm
I'm waiting until next week before I trade any currencies. Too much going on in Europe over the next few days. May is going to announce whatever Brexit deal they're going with, plus the whole Italian election thing. Too many possibilities of a weekend gap. I might run some day trades on silver or gold, depending on the reaction from May's speech tomorrow, but it's likely I'll just take an extra day off for the safety of my account.
  • #73,937
  • Mar 1, 2018 7:43pm Mar 1, 2018 7:43pm
Quoting 4xNewGuy
I'm waiting until next week before I trade any currencies. Too much going on in Europe over the next few days. May is going to announce whatever Brexit deal they're going with, plus the whole Italian election thing. Too many possibilities of a weekend gap. I might run some day trades on silver or gold, depending on the reaction from May's speech tomorrow, but it's likely I'll just take an extra day off for the safety of my account.
smart thing to do
Don't Worry Be Happy
  • #73,938
  • Mar 1, 2018 7:54pm Mar 1, 2018 7:54pm
Dont fight the trend guys , my only advise to stop tears. Usdjpy is a trending pair. Not so much usdjpy but gbpjpy thread lots of cries as people go against trend and it doesnt stop going down.. the ones cry have no stop loss get massacred.
  • #73,939
  • Mar 1, 2018 8:10pm Mar 1, 2018 8:10pm
Well, i open buy again.
Together we can be strongest
Vantage Return This Month: na
  • #73,940
  • Mar 1, 2018 8:12pm Mar 1, 2018 8:12pm
my buy limit at 106.03 was filled.
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