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USD/JPY Discussion

  • #75,661
  • Apr 12, 2018 8:41am Apr 12, 2018 8:41am
short 107.400 till 107.255 somewhere
  • #75,662
  • Apr 12, 2018 9:24am Apr 12, 2018 9:24am
...
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  • #75,663
  • Apr 12, 2018 9:27am Apr 12, 2018 9:27am
The strong buying sure has stalled out in that big supply zone Belon. It has cleared the previous high, but it stalled afterwards. See if we get any price action to get in short for this afternoon's move.
  • #75,664
  • Apr 12, 2018 9:30am Apr 12, 2018 9:30am
Quoting nealpek
Winston, debating the worthiness of any president is always going to be futile. The other half on the opposing team will never see eye to eye, because unfortunately society isn't able to put petty differences aside and simply do what's best for all the people. Money has corrupted and swayed all leaders around the globe and although they may sometimes appear to care for the voters needs, they are very much there for themselves and another group whom they are bound to serve. That's the reality of politics in this day and age. It's sad and pathetic,...
It is true that politics is fraught with deception, self-serving greed and even criminal activity. Being an eternal optimist I will never believe that it is futile to stand up for what is right. "All that is necessary for evil to triumph is for good men to do nothing". Conservatism is a way of life while liberalism is an ideology. I am a conservative. I live conservatively and I support conservatism with my $$$, my voice and my time. I believe Trump is a conservative despite what some of his past suggests. I believe he speaks for the common man and his actions so far back that up. He's willing to deal a bit and give away things to achieve what he believes are priorities. A good example is the omnibus spending bill that funded the rebuilding our deteriorating military. National security should be our president's number one priority. Securing the border is Trump's next biggest priority despite being stone-walled by the dems.

So I know this thread is not supposed to be about politics and such. I only casually saw STs and others comments sometime ago. ST loves to bash Trump regularly on this thread and was doing it before I showed up. So I will not let factually untrue comments go unchallenged whether in this thread, on the street or even at work if it comes up. I'm a good man and I stand up to evil where ever it raises it's ugly head. I'm not saying ST is evil but he does spew forth many falsehoods and he often does so with a vile tongue. So you're right. I will continue to speak my mind and challenge those such as ST.
  • #75,665
  • Apr 12, 2018 9:47am Apr 12, 2018 9:47am
Damn, I didn't see a way into the short with low time frame PA. Nealpek, did you add to your short position up there?
  • #75,666
  • Apr 12, 2018 9:49am Apr 12, 2018 9:49am
Quoting Winston Reed
{quote} Trump Derangement Syndrome ....
has you firmly in its grip - fake Republican ... just like Trumpie.
  • #75,667
  • Apr 12, 2018 9:50am Apr 12, 2018 9:50am
Quoting Winston Reed
{quote} It's too bad. I enjoy debating ...
LOL replying to yourself is but another TDS sign. See a doctor. You are around them all the time as it is.
  • #75,668
  • Edited 10:13am Apr 12, 2018 10:01am | Edited 10:13am
Quoting unlv_tj
Damn, I didn't see a way into the short with low time frame PA. Nealpek, did you add to your short position up there?
Yes, however I could still be wrong. Still waiting for my Vichyssoise! lol
  • #75,669
  • Apr 12, 2018 10:06am Apr 12, 2018 10:06am
Quoting unlv_tj
Damn, I didn't see a way into the short with low time frame PA. Nealpek, did you add to your short position up there?
give it some more time. it will show its hand.
  • #75,670
  • Apr 12, 2018 10:20am Apr 12, 2018 10:20am
Quoting nealpek
"I will never believe that it is futile to stand up for what is right" According to what you think is right... "Conservatism is a way of life while liberalism is an ideology." Garbage! Your beliefs and values are simply different than someone elses, although you are free to label them any way you wish.... Whether it's securing the border and national security, or education and employment, these are your beliefs about priority. Someone else believes a good education for children is important for the future. So what? Must only you be correct. You...
There is right and wrong and its not just what I believe. I can easily show why conservatism is a way of life and why liberalism is an ideology. But since you called it "garbage" then I'd like to know why you think that. I promise you I will respect your belief and not call it garbage but I will challenge it respectfully. "However a problem arises when one group believes their thoughts and values are more important, and should be superimposed upon another groups thoughts and values." So true and I can show you how liberalism does this every day. Case in point : Are you familiar with how Facebook shut down Diamond and Silk's Facebook page? Are you familiar with the law suit Praeger U has against YouTube (Google) for censoring 40 of their videos from YouTube? Just a couple of examples of liberal organizations attempting to shut down someone elses' beliefs and values in an attempt to "superimpose" their own. So again there is right and wrong, black and white. It's not just about what I believe or what you believe.
  • #75,671
  • Apr 12, 2018 10:23am Apr 12, 2018 10:23am
I looked back at the charts last year (April 7th) when Trumpie meaninglessly shot his load of ummm .... Tomahawks at that Syrian Airbase. Runways were rebuilt within days. Killing went on and on. Just like Obama Administration accomplished nothing with this headache so too the current one.

Anyway markets had very little reaction. Most likely that will be the same this time as well. Ho hum.
  • #75,672
  • Apr 12, 2018 10:27am Apr 12, 2018 10:27am
Quoting SunTrader
I looked back at the charts last year (April 7th) when Trumpie meaninglessly shot his load of ummm .... Tomahawks at that Syrian Airbase. Runways were rebuilt within days. Killing went on and on. Just like Obama Administration accomplished nothing with this headache so too the current one. Anyway markets had very little reaction. Most likely that will be the same this time as well. Ho hum.
So why is Russia backing off? Seems like they want to get out of the way. I guess they don't think it's so meaningless.
  • #75,673
  • Apr 12, 2018 10:30am Apr 12, 2018 10:30am
Quoting nealpek
{quote} Yes, however I could still be wrong. Still waiting for my Vichyssoise! lol
Are you just chillin' at home, cooking up a storm and not worried about it at all? If so, I am jealous!
  • #75,674
  • Apr 12, 2018 10:41am Apr 12, 2018 10:41am
Quoting Winston Reed
{quote} So why is Russia backing off? Seems like they want to get out of the way. I guess they don't think it's so meaningless.
Markets I said. Nothing to do with what Trumpie's buddy is doing. Maaaarkets.
  • #75,675
  • Apr 12, 2018 10:45am Apr 12, 2018 10:45am
Quoting nealpek
... The terms don't matter! ....
Especially when the classical definition of Liberal is considered. Nothing whatsoever to do with a party but a belief in Liberty.
Which disqualifies either major political party anymore.
  • #75,676
  • Apr 12, 2018 10:53am Apr 12, 2018 10:53am
Quoting nealpek
{quote} Not even 1 heart palpitation, lol. Munching on a salami sandwich, a few chips, half sour pickle, and a glass of pinot! I know, terrible choice with meat, but it was already open,lol. My positions are set, and I have to play out my thoughts. Could be completely wrong and price goes against me. Added another position, as I am already in profit. I have no f*cking idea what direction this will ultimately go in, and nobody else does either. I'm already dug in from above and in profit, so I play it out like I described in my post yesterday about...
I am going to take a guess here, you added to your position at 107.40 when price broke above the previous high.

I have switched from coffee to black tea. I have cut out all sugar and white flour. And I have added L-Tyrosine to my vitamin rotation every other week day. I am a lot more calm and focused on less sleep than before.
  • #75,677
  • Apr 12, 2018 10:56am Apr 12, 2018 10:56am
Quoting nealpek
Libs and Cons are simply terms applied to peoples thoughts, beliefs and values according to a combination of all experiences from birth to death. Nothing more. Ex. If you believe women shouldn't work like back in the 50's, that is a belief propagated by all of your life experiences up to today. If that's what you believe, so be it. However most kids experience today has 2 parents working to pay the bills. They will grow up according to their experiences that it's perfectly fine for women to work. You choose to call the former conservative, and the...
"Libs and Cons are simply terms applied to peoples thoughts, beliefs and values according to a combination of all experiences from birth to death. Nothing more." Respectfully this is factually incorrect. Conservatism and Liberalism are well-defined bodies of knowledge. If applied to government then at its most basic level conservatism believes in less government and more individual responsibility whereas liberalism believes in more government and less individual responsibility.
  • #75,678
  • Apr 12, 2018 10:58am Apr 12, 2018 10:58am
Quoting nealpek
.40 right on the nose. Now you're gettin' it! Why should today be any different than any other day? Wash, rinse, repeat! Cheers!(just had a sip)
The very strong bullish move up told me, and you can see a previous post of mine, that buyers were strongly in control today and I had little confidence to blindly short. I didn't see a P/A entry. Did you have orders just sitting at 107.4 due to the previous high or did you see a form of P/A to tip you off and make you decide to enter?
  • #75,679
  • Apr 12, 2018 11:00am Apr 12, 2018 11:00am
Quoting Winston Reed
{quote} "Libs and Cons are simply terms applied to peoples thoughts, beliefs and values according to a combination of all experiences from birth to death. Nothing more." Respectfully this is factually incorrect. Conservatism and Liberalism are well-defined bodies of knowledge. If applied to government then at its most basic level conservatism believes in less government and more individual responsibility whereas liberalism believes in more government and less individual responsibility.
Wrong. Modern day Liberals And Conservatives believe that. That is not Liberalism and Conservatism.
  • #75,680
  • Apr 12, 2018 11:15am Apr 12, 2018 11:15am
Quoting nealpek
{quote} The previous high was my point of interest. However for me, my entry came because of PA in and around that level on the 5 and 15, but generally use 60 and sometimes 240 for structure.
That is how I look at things too. We do things a little differently, but I see think the same way 4H and 1H for structure/high-low/supply and demand.

The only P/A I saw was a 5M Bearish outside bar. But it wasn't impressive enough for me to go short against such a long and sustained bull move. Price certainly stalled right at the 107.40, I just couldn't decipher if it was building up for another move up or sellers were wrestling control away.
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