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USD/JPY Discussion

  • #74,081
  • Mar 6, 2018 5:47am Mar 6, 2018 5:47am
Quoting MrPresident
Choppy action I think bears will push the pair down
Why down?
  • #74,082
  • Mar 6, 2018 5:51am Mar 6, 2018 5:51am
Quoting dwe213
{quote} Why down?
Look at the dollar index - it has plenty of room below.
Focus.
  • #74,083
  • Mar 6, 2018 5:58am Mar 6, 2018 5:58am
Quoting Marco-Kanto
{quote} Look at the dollar index - it has plenty of room below.
Thanks. I was biased JPYs DOWN until I saw that recent strong move UP in the last hour.
  • #74,084
  • Mar 6, 2018 6:02am Mar 6, 2018 6:02am
Quoting dwe213
{quote} Thanks. I was biased JPYs DOWN until I saw that recent strong move UP in the last hour.
I'm still undecided - never underestimate yen weakness!
Focus.
  • #74,085
  • Mar 6, 2018 6:12am Mar 6, 2018 6:12am
Punt.
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Focus.
  • #74,086
  • Mar 6, 2018 6:22am Mar 6, 2018 6:22am
Quoting Marco-Kanto
Punt. {image}
I'm short EJ around 131.86. I hope UJ goes down too. It'll help my course. Lol
  • #74,087
  • Mar 6, 2018 6:24am Mar 6, 2018 6:24am
Quoting Marco-Kanto
Punt. {image}
A bold move, after a strong move UP

Watch EJ, after EU tops
  • #74,088
  • Mar 6, 2018 6:30am Mar 6, 2018 6:30am
Quoting dwe213
{quote} A bold move, after a strong move UP Watch EJ, after EU tops
A stupid move, by the looks of it. SL placed at .445
Focus.
  • #74,089
  • Mar 6, 2018 6:35am Mar 6, 2018 6:35am
Quoting Marco-Kanto
{quote} A stupid move, by the looks of it. SL placed at .445
Maybe not!
  • #74,090
  • Mar 6, 2018 7:02am Mar 6, 2018 7:02am
bears winning?

106.2 has to break
Don't Worry Be Happy
  • #74,091
  • Mar 6, 2018 7:13am Mar 6, 2018 7:13am
Quoting Marco-Kanto
Punt. {image}
Taken 50%, SL set to BE
Focus.
  • #74,092
  • Mar 6, 2018 7:13am Mar 6, 2018 7:13am
Quoting MrPresident
bears winning? 106.2 has to break
Not yet...
  • #74,093
  • Mar 6, 2018 7:35am Mar 6, 2018 7:35am
a little bit of USD demand at the start of the day

but I think that USD/JPY will be bearish unless it can move higher very soon
Don't Worry Be Happy
  • #74,094
  • Mar 6, 2018 7:53am Mar 6, 2018 7:53am
next target for bears is 105.5, bulls have to get above 106.2 and then to 106.8
Don't Worry Be Happy
  • #74,095
  • Mar 6, 2018 7:58am Mar 6, 2018 7:58am
Attached Image
Focus.
  • #74,096
  • Mar 6, 2018 8:02am Mar 6, 2018 8:02am
Yesterdays plan was to play the rotation to the mid 106's. Cashed out last night, and reversed trade around 10 pm. so far so good. I'll keep adding if it pushes further south. Looking to build a bigger position for the week. Hoping it moves quickly!!
  • #74,097
  • Mar 6, 2018 8:02am Mar 6, 2018 8:02am
Inserted Video
Don't Worry Be Happy
  • #74,098
  • Mar 6, 2018 8:49am Mar 6, 2018 8:49am
Quoting nealpek
At the moment, I'm looking at the 102 handle as a target. Anyone else see this?
maybe year end but in the near term, i see 105.5
Don't Worry Be Happy
  • #74,099
  • Mar 6, 2018 8:51am Mar 6, 2018 8:51am
Quoting MrPresident
{quote} maybe year end but in the near term, i see 105.5
If by near term you mean intraday, yes. Might load shorts, I believe UJ will test 105.5 today.
  • #74,100
  • Mar 6, 2018 9:06am Mar 6, 2018 9:06am
S&P is confused today
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Don't Worry Be Happy
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