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USD/JPY Discussion

  • #74,901
  • Mar 23, 2018 9:14am Mar 23, 2018 9:14am
Wait ... is the right word. It's coming. Hopefully though not a 3rd grader nuclear meltdown in a pissing contest.

Meanwhile another wait - both Dow and UJ look to be setting up for another big bear move. Might take till about noon, if it happens at all before the week ends.
  • #74,902
  • Mar 23, 2018 9:50am Mar 23, 2018 9:50am
Quoting Jr123
{quote} What a moron. Stupidest argument I've ever read.

Where was the argument?? Takes a special kind of "moron" to read a post that starts with "Yeah I 100% agree" and then proceed to say it is a stupid argument all the while providing no actual references to what makes it stupid?

Are there any falsities in my statement?
  • #74,903
  • Mar 23, 2018 10:32am Mar 23, 2018 10:32am
Quoting Seshwaan
{quote} Where was the argument?? Takes a special kind of "moron" to read a post that starts with "Yeah I 100% agree" and then proceed to say it is a stupid argument all the while providing no actual references to what makes it stupid? Are there any falsities in my statement?
Sorry just felt that your statement, nothing happened, nothing happened, nothing happened is a little premature as these things have future consequences and only time will tell. But the outcome wont be good.
  • #74,904
  • Mar 23, 2018 10:54am Mar 23, 2018 10:54am
Current price is 104.92. I believe we will start rallying after London close, the last 5 hours of trading for the week..
  • #74,905
  • Mar 23, 2018 11:00am Mar 23, 2018 11:00am
USD/JPY finally quit the latest range and now is showing bearish signs. Although the pair recovered from the dialy low at 104.63, indicators on H4 are supporting further decline.
  • #74,906
  • Mar 23, 2018 11:07am Mar 23, 2018 11:07am
Quoting Lot77
USD/JPY finally quit the latest range and now is showing bearish signs. Although the pair recovered from the dialy low at 104.63, indicators on H4 are supporting further decline.
In spite of the setup many would attempt to catch the falling sharp knife
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -13.0%
  • #74,907
  • Mar 23, 2018 12:06pm Mar 23, 2018 12:06pm
Quoting Yvonnely
Current price is 104.92. I believe we will start rallying after London close, the last 5 hours of trading for the week..
Nice...hope it rallies even more...
  • #74,908
  • Mar 23, 2018 12:39pm Mar 23, 2018 12:39pm
I'm not a math genius by any means but how does one pay for a 1.3 Trillion spending bill when taxes were just cut.... Obviously I'm not that smart and must be missing something.....
  • #74,909
  • Mar 23, 2018 12:42pm Mar 23, 2018 12:42pm
Quoting Yvonnely
{quote} Nice...hope it rallies even more...
Wave structure: larger first box impulsive large range down bars, second smaller box choppier overlapping bars - which is a sign of a correction to the main down trend.

Nothing wrong with trading corrections if you are fast and shoot for smaller profits.

The trend (impulsive waves) are where the bigger "easier" profits are made.
Attached Image (click to enlarge)
Click to Enlarge Name: UJ waves.png Size: 46 KB
  • #74,910
  • Mar 23, 2018 12:44pm Mar 23, 2018 12:44pm
Quoting nealpek
I'm not a math genius by any means but how does one pay for a 1.3 Trillion spending bill when taxes were just cut.... Obviously I'm not that smart and must be missing something.....
Only way is the American way .... on the credit card.

But this Prez was supposed to be different than all the other freespenders.
  • #74,911
  • Mar 23, 2018 12:59pm Mar 23, 2018 12:59pm
Quoting SunTrader
{quote} Only way is the American way .... on the credit card. But this Prez was supposed to be different than all the other freespenders.
Should have elected a common person. Someone that has to sit down each pay check and figure out how to pay the mortgage and still have enough to feed the kids.
  • #74,912
  • Mar 23, 2018 1:05pm Mar 23, 2018 1:05pm
Quoting Jr123
{quote} Should have elected a common person. Someone that has to sit down each pay check and figure out how to pay the mortgage and still have enough to feed the kids.
Yup instead we got someone born with a silver foot in their mouth.
  • #74,913
  • Mar 23, 2018 1:14pm Mar 23, 2018 1:14pm
Quoting SunTrader
{quote} Yup instead we got someone born with a silver foot in their mouth.
Yah when it's not stuck somewhere else.
  • #74,914
  • Mar 23, 2018 1:32pm Mar 23, 2018 1:32pm
Quoting Jr123
{quote} Should have elected a common person. Someone that has to sit down each pay check and figure out how to pay the mortgage and still have enough to feed the kids.
We have done that too. When the elite billionaire (trillionaire) families that own the Fed tell you to "jump" you say "how high?". Trump was the last chance we had to fix this at the voting booth. Now it likely never gets fixed before it implodes. Have water and plenty of supplies, we can't borrow money forever.
  • #74,915
  • Mar 23, 2018 1:47pm Mar 23, 2018 1:47pm
Quoting unlv_tj
{quote} We have done that too. When the elite billionaire (trillionaire) families that own the Fed tell you to "jump" you say "how high?". Trump was the last chance we had to fix this at the voting booth. Now it likely never gets fixed before it implodes. Have water and plenty of supplies, we can't borrow money forever.
Sure you can , mate... It s money you won't ever repay . . . .

And why do you think the printing presses will stop ever working...??? ??? ???

Just saying ...

  • #74,916
  • Mar 23, 2018 1:51pm Mar 23, 2018 1:51pm
Now 104.90 I have pending buy orders at 105.13 ON STOP

  • #74,917
  • Mar 23, 2018 1:59pm Mar 23, 2018 1:59pm
Quoting F.g
{quote} Sure you can , mate... It s money you won't ever repay . . . . And why do you think the printing presses will stop ever working...??? ??? ??? Just saying ...
They stopped working in Greece. They stopped working in Italy. They stopped in Portugal. All of Western Europe has had to take cuts from over spending. Of course any American under 50 thinking they will be fine on social security, medicare, and/or a govt. job pension is in for a rude awakening. But the ripples from the coming cuts will hurt us all greatly.

This is a disaster all around. And when they do cut in the USA, do they have to go police state and take away most of our rights and freedoms, or do they just cut police and paramedics and tell us "best of luck, no longer our problem".
  • #74,918
  • Mar 23, 2018 2:02pm Mar 23, 2018 2:02pm
Quoting unlv_tj
{quote} We have done that too. When the elite billionaire (trillionaire) families that own the Fed tell you to "jump" you say "how high?". Trump was the last chance we had to fix this at the voting booth. Now it likely never gets fixed before it implodes. Have water and plenty of supplies, we can't borrow money forever.
Well I'm glad to you say you've become disillusioned with Trumpie but what made you believe him to begin with?

Sincerely would like to know but it's ok if you prefer not to answer.
  • #74,919
  • Mar 23, 2018 2:02pm Mar 23, 2018 2:02pm
Anyone buying?
  • #74,920
  • Mar 23, 2018 2:03pm Mar 23, 2018 2:03pm
Big selling near the end of the day

I think it won’t go too far down though, 104.6 should be the bottom or maybe 104.8

104.5 is a strong support level
Don't Worry Be Happy
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