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USD/JPY Discussion

  • #75,361
  • Apr 5, 2018 7:08am Apr 5, 2018 7:08am
Quoting RondaRousey
{quote} it will break 107 noobs
Ronda is right
Don't Worry Be Happy
  • #75,362
  • Apr 5, 2018 7:20am Apr 5, 2018 7:20am
Consolidation zones, DXY and Bonds have broken, over the past few hours. Zoomed in on a hourly chart, see this we do.
Attached Image (click to enlarge)
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Learn, a forex trader must, unlearn and relearn he will.
  • #75,363
  • Apr 5, 2018 8:28am Apr 5, 2018 8:28am
I don't see weakness..... I am afraid I ll be stoped at 7.17 SL pretty soon...
  • #75,364
  • Apr 5, 2018 8:55am Apr 5, 2018 8:55am
Quoting F.g
I don't see weakness..... I am afraid I ll be stoped at 7.17 SL pretty soon...
what is 7.17?

pretty far down your SL must be
Don't Worry Be Happy
  • #75,365
  • Apr 5, 2018 9:17am Apr 5, 2018 9:17am
Quoting F.g
I don't see weakness..... I am afraid I ll be stoped at 7.17 SL pretty soon...
  • #75,366
  • Apr 5, 2018 9:34am Apr 5, 2018 9:34am
107 gave up 107.50 is the next place to watch.
Attached Image (click to enlarge)
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  • #75,367
  • Apr 5, 2018 9:59am Apr 5, 2018 9:59am
I sold 107.47
  • #75,368
  • Apr 5, 2018 10:40am Apr 5, 2018 10:40am
Quoting tiborf71
I sold 107.47
this is a wide-ranging correction point.
south direction.this is a wide-ranging correction point.
south direction.
  • #75,369
  • Apr 5, 2018 10:53am Apr 5, 2018 10:53am
Quoting MrPresident
{quote} what is 7.17? pretty far down your SL must be
717 no longer being produced
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Ecclesiastes 1:9
  • #75,370
  • Apr 5, 2018 11:06am Apr 5, 2018 11:06am
Quoting tiborf71
{quote} this is a wide-ranging correction point. south direction.this is a wide-ranging correction point. south direction.
i doubt it
Don't Worry Be Happy
  • #75,371
  • Apr 5, 2018 11:09am Apr 5, 2018 11:09am
Quoting tiborf71
{quote} this is a wide-ranging correction point. south direction.this is a wide-ranging correction point. south direction.
the biggest problem, nfp is too close.
  • #75,372
  • Apr 5, 2018 11:17am Apr 5, 2018 11:17am
Quoting MrPresident
{quote} i doubt it
we'll see.
I only trading h1.
.
  • #75,373
  • Apr 5, 2018 11:25am Apr 5, 2018 11:25am
20-50 pip correction already is good for me.
  • #75,374
  • Apr 5, 2018 11:49am Apr 5, 2018 11:49am
other important is a h1, and other important is a longer distance.
  • #75,375
  • Apr 5, 2018 4:46pm Apr 5, 2018 4:46pm
Big picture doesn't really change my bias. This is the daily and as you can see, price would have to climb over Mount Blobulitus to go higher. Don't think it's going to happen with the socioeconomic and geopolitical landscapes developing in front of our eyes. There's a lot of room below for price to travel, and after the effort of getting this far, I don't believe price will suddenly shoot up, as the elephant hasn't yet reached the river to quench his thirst.
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  • #75,376
  • Apr 5, 2018 6:07pm Apr 5, 2018 6:07pm
Trump wants more tarrifs on China in retaliation, usd jpy getting dumped.

so much for the stock market gains today, equities are reversing
Don't Worry Be Happy
  • #75,377
  • Apr 5, 2018 7:27pm Apr 5, 2018 7:27pm
I closed my trades with losses and reversed to buy. 107.09

I hope not didn't shit.
Together we can be strongest
Vantage Return This Month: na
  • #75,378
  • Apr 5, 2018 7:39pm Apr 5, 2018 7:39pm
No need for charts or funnymetals. Just follow Twitter for latest from President Tweety Bird.
  • #75,379
  • Apr 5, 2018 9:13pm Apr 5, 2018 9:13pm
I don't know if its is usefull, but i think some traders are looking the indicators showing the signal to sell, but the price crossed the resistance, so is better wait the signal to buy. I can be wrong too, just an information for who use oscillators, for example.
Together we can be strongest
Vantage Return This Month: na
  • #75,380
  • Apr 5, 2018 9:50pm Apr 5, 2018 9:50pm
No 107.50 yet, long @ 107.20 target 107.47 with a sell limit at 107.50, lets see what happens.
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