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USD/JPY Discussion

  • #74,141
  • Mar 6, 2018 2:18pm Mar 6, 2018 2:18pm
Geez! They're just wiping the short term traders at both ends. I've absorbed some heat on these moves, but still hanging in there,lol
  • #74,142
  • Mar 6, 2018 2:22pm Mar 6, 2018 2:22pm
consolidation on the major pairs and stocks

market is waiting for ECB, BOJ, BOC, and NFP report
Don't Worry Be Happy
  • #74,143
  • Mar 6, 2018 2:32pm Mar 6, 2018 2:32pm
looks like it
  • #74,144
  • Mar 6, 2018 2:44pm Mar 6, 2018 2:44pm
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  • #74,145
  • Mar 6, 2018 2:51pm Mar 6, 2018 2:51pm
Quoting Pip-Miner
{quote} Well done Redeflect confidence I love it.
Many would say arrogance.
"The fun is in the hunt. Not the kill."
  • #74,146
  • Mar 6, 2018 4:30pm Mar 6, 2018 4:30pm
BOOM!
  • #74,147
  • Mar 6, 2018 4:39pm Mar 6, 2018 4:39pm
i was thinking about selling but i got to my computer a bit too late lol

i think 105.5 is the next level
Don't Worry Be Happy
  • #74,148
  • Mar 6, 2018 4:41pm Mar 6, 2018 4:41pm
Little slow on posting this:
Attached Image (click to enlarge)
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  • #74,149
  • Mar 6, 2018 4:44pm Mar 6, 2018 4:44pm
And for the - fibs don't work crowd - last night 1 hour chart (you have to know where to anchored them and realize like anything sometimes they do work and sometimes they don't). Notice also the double top today.
Attached Image (click to enlarge)
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  • #74,150
  • Mar 6, 2018 4:46pm Mar 6, 2018 4:46pm
Well that was sheer luck. I took that ride down by entering in about an hour ago. For those interested since I started trading this pair 3 weeks ago im a whole 5 cases of beer up
  • #74,151
  • Mar 6, 2018 4:58pm Mar 6, 2018 4:58pm
Quoting SunTrader
And for the - fibs don't work crowd - last night 1 hour chart (you have to know where to anchored them and realize like anything sometimes they do work and sometimes they don't). Notice also the double top today. {image}
Excellent advice, fibs are a great Strat on their own. Noticed them on g/j last night

Cheers!
  • #74,152
  • Mar 6, 2018 5:01pm Mar 6, 2018 5:01pm
Glad it's only tuesday,lol. Was hoping for the move early in the week to ride! Did I ever mention I love fibs,lol
  • #74,153
  • Mar 6, 2018 5:03pm Mar 6, 2018 5:03pm
Equities futures gapped down once they re-opened short while ago.

Trumpie's top Economic advisor and buddy of Wall Street .... resigned this afternoon.
  • #74,154
  • Mar 6, 2018 5:04pm Mar 6, 2018 5:04pm
Mr T lost his head economic advisor! Why do you think they waited to give the announcement after the market closed!
  • #74,155
  • Mar 6, 2018 5:06pm Mar 6, 2018 5:06pm
Quoting nealpek
Mr T lost his head economic advisor! Why do you think they waited to give the announcement after the market closed!
they will find another one, many unemployed people on the street
Don't Worry Be Happy
  • #74,156
  • Mar 6, 2018 5:08pm Mar 6, 2018 5:08pm
Sure, if they can find someone who wants to work with the Boss!
  • #74,157
  • Mar 6, 2018 5:15pm Mar 6, 2018 5:15pm
Quoting nealpek
Mr T lost his head economic advisor! Why do you think they waited to give the announcement after the market closed!
To mute the response Wall Street would have. Didn't work - so far.

Dow futures down -330
  • #74,158
  • Mar 6, 2018 5:17pm Mar 6, 2018 5:17pm
Quoting MrPresident
{quote} they will find another one, many unemployed people on the street
You obviously are unaware of who Gary Cohen is and what the financial community thinks of him.

As well as what the financial community really thinks of Trumpie. And especially his tariffs.
  • #74,159
  • Mar 6, 2018 5:19pm Mar 6, 2018 5:19pm
70 pips down in an otherwise 'no trade' territory. Impressive. Cohn was the last voice of reason in the DT's court. Now Mr. President has no one to sober him. Prepare fot UJ heading far south. Below 100, I'd say.
  • #74,160
  • Mar 6, 2018 5:21pm Mar 6, 2018 5:21pm
Liner regression channel on 30 minute. Might help, probably not!
Attached Image (click to enlarge)
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