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USD/JPY Discussion

  • #74,221
  • Mar 7, 2018 8:36am Mar 7, 2018 8:36am
moving to 106 now, resistance at 106.2 and 106.8

shorts might work at 106.2 but that can be risky

i would sell higher, somewhere near 107.5 if it gets there after NFP on Friday
Don't Worry Be Happy
  • #74,222
  • Mar 7, 2018 8:42am Mar 7, 2018 8:42am
Quoting unlv_tj
{quote} We have lost 6,000,000 manufacturing jobs since NAFTA was signed. Those people didn't disappear. They, their kids, and many others that depended on them went on to the govt. dole. I can't blame them one bit, your job got shipped overseas so some Wall Street fat cat could make an extra million a year he will never spend, so you got to feed your family and the only option is welfare. And yes, the Democrats paying for voters through welfare and the Republicans thinking there is no limit to military spending is a large chunk of the blame. But...
When a company goes bankrupt through its own incompetence what do the workers do. They go to another job.
Bankrupt like when Trumpie did 4 TIMES with a can't lose business Casino Gambling.

Little known FACT. 19.5 million manufacturing jobs was the peak back in the 1970's. We now have 12.5 million.

Services was always tops. And services includes more than burger flipping.

Companies come and go. Jobs move back and forth across states lines all the time.

Consumers want the best product at the best price wherever it comes from.

I remember the crap Detroit made in the 70's. Thanks to mismanagement and union work rules. That is what a closed system gets. That is Communism, not open borders and free trade.
  • #74,223
  • Mar 7, 2018 8:47am Mar 7, 2018 8:47am
Quoting SunTrader
{quote} When a company goes bankrupt through its own incompetence what do the workers do. They go to another job. Bankrupt like when Trumpie did 4 TIMES with a can't lose business Casino Gambling. Little known FACT. 19.5 million manufacturing jobs was the peak back in the 1970's. We now have 12.5 million. Services was always tops. And services includes more than burger flipping. Companies come and go. Jobs move back and forth across states lines all the time. Consumers want the best product at the best price wherever it comes from. I remember the...
Sure Trump declared strategic bankruptcy. That is how the laws work and benefit those willing to take risks. Smart for him.

No, "communism" is state ownership of productions and means. You could call tariffs and protections for American workers "Nationalism" that would be more accurate. But workers here cannot compete with workers in other countries able to work for $2 an hour. It isn't going to happen. So either we all pay a little more for our goods and services, or we balloon the national debt paying people to not work and not be productive members of society. I would rather pay a little up front than grow a giant debt bubble.

And you are correct on the crap the unions produced. I had some old fords from the 1980's, what piles of junk. Neither side is 100% right or wrong. There have to be compromises.
  • #74,224
  • Mar 7, 2018 8:59am Mar 7, 2018 8:59am
Add one more thing: Trumpie before he got elected, was one of the biggest buyers of Politicians. Put the "Fox guarding the henhouse" in charge.
He'll do right by use. Suuuuure.
  • #74,225
  • Mar 7, 2018 9:02am Mar 7, 2018 9:02am
Quoting unlv_tj
{quote} Sure Trump declared strategic bankruptcy. That is how the laws work and benefit those willing to take risks. Smart for him....
LOL

Who else was soooo strategic in the Casino business? 4 times!!!!!!!!!!

You do realize the only thing he gained (at the expense of a lot of workers and workers pension money) is a fat tax writeoff.
  • #74,226
  • Mar 7, 2018 9:10am Mar 7, 2018 9:10am
Quoting SunTrader
{quote} LOL Who else was soooo strategic in the Casino business? 4 times!!!!!!!!!! You do realize the only thing he gained (at the expense of a lot of workers and workers pension money) is a fat tax writeoff.
Wow, 4 times out of how many successful and profitable endeavours. The man is a self made billionaire, which I doubt anyone on this forum can say or will ever be able to say. And I was never the biggest fan of his, but so far he has done a much better job as President than anyone for a long time. Time will tell how he finishes, but the start is looking good.

Letting someone you don't know upset this much isn't healthy.
  • #74,227
  • Mar 7, 2018 9:18am Mar 7, 2018 9:18am
Might finally break through the S/R around 105.80 MrPresident.
  • #74,228
  • Mar 7, 2018 9:18am Mar 7, 2018 9:18am
I beleive its going to be like this, good luck everyone.
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  • #74,229
  • Mar 7, 2018 9:19am Mar 7, 2018 9:19am
Quoting unlv_tj
{quote} Wow, 4 times out of how many successful and profitable endeavours. The man is a self made billionaire, which I doubt anyone on this forum can say or will ever be able to say. And I was never the biggest fan of his, but so far he has done a much better job as President than anyone for a long time. Time will tell how he finishes, but the start is looking good. Letting someone you don't know upset this much isn't healthy.
He has failed, eventually, at everything he has ever done. Period. Oh except for his TV show.

And his daddy was the successful one who gave Junior his bankroll to start with.

He never released his tax returns because of what they show ... that he is bankrupt.

It is not healthy to admire a loooser.
  • #74,230
  • Mar 7, 2018 9:24am Mar 7, 2018 9:24am
Proud Trump supporter here. What has Trump done or is doing? Getting illegal immigration under control. Dems don't want to do anything about illegal immigration so they can use it as a tool during the upcoming midterms and even the 2020 election. The dems rejected a great deal for what was essentially amnesty for many of their constituents (illegal aliens). His tax cuts have had the biggest impact so far in my opinion. Hundreds of companies giving out bonuses and raises for their employees. Many companies expanding and announcing plans to hire. He supports the 2nd amendment. He supports conservative judicial appointments. Despite his past he now supports life over the genocide perpetuated by Planned Parenthood. Imposing tariffs is interesting but I believe even this will turn out positive for the US. Trump is the most conservative president since Reagan. IMHO he is doing many great things for America.
  • #74,231
  • Mar 7, 2018 9:31am Mar 7, 2018 9:31am
Ha Ha! I knew Peanut Butter, would get slapped. Europe is looking to punish Mr Peanut, you know, the guy with the specs and skinny legs!!
  • #74,232
  • Mar 7, 2018 9:35am Mar 7, 2018 9:35am
Quoting Winston Reed
Proud Trump supporter here. What has Trump done or is doing? Getting illegal immigration under control. Dems don't want to do anything about illegal immigration so they can use it as a tool during the upcoming midterms and even the 2020 election. The dems rejected a great deal for what was essentially amnesty for many of their constituents (illegal aliens). His tax cuts have had the biggest impact so far in my opinion. Hundreds of companies giving out bonuses and raises for their employees. Many companies expanding and announcing plans to hire....
Hey Bro, I think discussing life vs genocide is way too heavy for this thread. Please remove your comments, as will I!
  • #74,233
  • Mar 7, 2018 9:36am Mar 7, 2018 9:36am
Quoting SunTrader
{quote} He has failed, eventually, at everything he has ever done. Period. Oh except for his TV show. And his daddy was the successful one who gave Junior his bankroll to start with. He never released his tax returns because of what they show ... that he is bankrupt. It is not healthy to admire a loooser.
Wow! If Trump is a failure then I want to be a failure to! Wow! If being bankrupt is like this then I want to be bankrupt too! I wish my daddy left me a fortune. I guess I'm doomed to ill health and sickness.
  • #74,234
  • Mar 7, 2018 9:37am Mar 7, 2018 9:37am
Quoting nealpek
Ha Ha! I knew Peanut Butter, would get slapped. Europe is looking to punish Mr Peanut, you know, the guy with the specs and skinny legs!!
Who is that?
  • #74,235
  • Mar 7, 2018 9:39am Mar 7, 2018 9:39am
Quoting unlv_tj
{quote} Who is that?
lol, the animation on the planters peanuts jar!
  • #74,236
  • Mar 7, 2018 9:44am Mar 7, 2018 9:44am
i think this thread should be renamed to USD/JPY ONLY since we are now talking about abortion
Don't Worry Be Happy
  • #74,237
  • Mar 7, 2018 10:00am Mar 7, 2018 10:00am
Quoting Winston Reed
{quote} Wow! If Trump is a failure then I want to be a failure to! Wow! If being bankrupt is like this then I want to be bankrupt too! I wish my daddy left me a fortune. I guess I'm doomed to ill health and sickness.
Yes you too can lie about your successes and if you act now we will send twice as mush horses..t with double your money back no questions asked.
Well see the disclaimer in fine print or else see my pit bull law firm.

Too funny people sick and tired of the same old politicians love the same old tactics Trumpie uses to snow them once again.
  • #74,238
  • Mar 7, 2018 10:01am Mar 7, 2018 10:01am
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USD/JPY short entry (105.966) S/L (107.240) T/P (104.755)

with the news coming out on Friday i'm not as confident in this trade give me a like if you think it's a winning deal and a dislike if you think it's a loser

i have been in this traded from Monday and was hoping for more downwards movement by this point but the price looks stuck at resistance at 105.500
  • #74,239
  • Mar 7, 2018 10:06am Mar 7, 2018 10:06am
Unfortunately Prez, regardless of political affiliation, an ass will always be an ass! He is actually disgracing his affiliation rather than supporting it!!
  • #74,240
  • Mar 7, 2018 10:19am Mar 7, 2018 10:19am
Continuation of a chart I posted late yesterday, price found support and back in channel:
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