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USD/JPY Discussion

  • #76,381
  • May 9, 2018 5:09am May 9, 2018 5:09am
Looks bullish now

110 is next
Don't Worry Be Happy
  • #76,382
  • May 9, 2018 5:52am May 9, 2018 5:52am
Quoting Winston Reed
{quote} {image}
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  • #76,383
  • May 9, 2018 7:31am May 9, 2018 7:31am
Quoting MrPresident
entered short position from 109.1 target 108 stop 110.2
bitched out, closed with loss, reversed position to long from 109.7

target is now 111 for the longer term, 110, 110.5 short term

stop 108.5
Don't Worry Be Happy
  • #76,384
  • May 9, 2018 8:10am May 9, 2018 8:10am
Bullish flag forming, looking for a push towards 109.90, for now.
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Learn, a forex trader must, unlearn and relearn he will.
  • #76,385
  • May 9, 2018 8:23am May 9, 2018 8:23am
Quoting COGSx86
Bullish flag forming, looking for a push towards 109.90, for now. {image}
damn right, i like your attitude
Don't Worry Be Happy
  • #76,386
  • May 9, 2018 8:36am May 9, 2018 8:36am
keep your trigger finger ready im thinking above 110.10 and less then 110.20 is going to be the spot. good luck.
  • #76,387
  • May 9, 2018 9:15am May 9, 2018 9:15am
I'm thinking 109.50ish then 109.90ish
  • #76,388
  • May 9, 2018 11:11am May 9, 2018 11:11am
...
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  • #76,389
  • May 9, 2018 11:20am May 9, 2018 11:20am
Quoting ricmaj
The sellers at 109.910/110.010. Keep in tune down 20 up 10.
Bears where quick to respond in the 10 up 20 down with gauge on 109.810. 109.91/110.10 still open for grabs.
Keep the Lights on then you can catch the rise from the dark.
  • #76,390
  • May 9, 2018 12:03pm May 9, 2018 12:03pm
it got stuck at 109.7 in NY trading today so far, bulls look confused, need a catalyst to move higher
Don't Worry Be Happy
  • #76,391
  • May 9, 2018 12:10pm May 9, 2018 12:10pm
guessing, but liquidity under the last shelf at 109.43. Probably quite a few longs stops hiding under that shelf
  • #76,392
  • May 9, 2018 1:38pm May 9, 2018 1:38pm
Quoting MrPresident
it got stuck at 109.7 in NY trading today so far, bulls look confused, need a catalyst to move higher
hehe
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Learn, a forex trader must, unlearn and relearn he will.
  • #76,393
  • May 9, 2018 2:27pm May 9, 2018 2:27pm
How about it tanks from here?
  • #76,394
  • May 9, 2018 3:21pm May 9, 2018 3:21pm
Anyone wanna go golfing?
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Learn, a forex trader must, unlearn and relearn he will.
  • #76,395
  • May 9, 2018 3:23pm May 9, 2018 3:23pm
Quoting Yvonnely
How about it tanks from here?
it might, and it might not...
i believe MM are building shorts. When and where they will tank it is the question.
11 Upthrust or pseudo upthrust during one day is something really rare to see.
I still believe main short position still to be made above 110 level and a push-up with high volume still to happen.
Meanwhile, Asia can spike up again, despite price action telling that retration to 109.10 is most evident to my eyes...
but i should trade what i see and not what i think.
If you don't know how to earn money, don't loose it.
  • #76,396
  • May 9, 2018 4:24pm May 9, 2018 4:24pm
Quoting COGSx86
Anyone wanna go golfing? {image}
No.9 iron coming soon
Your friendly neighbourhood Sith
  • #76,397
  • May 9, 2018 7:23pm May 9, 2018 7:23pm
She is moving up hard. I don't know if she will break 110 but if so, then i'm happy.
Don't Worry Be Happy
  • #76,398
  • May 9, 2018 7:27pm May 9, 2018 7:27pm
On my video I posted two days ago I said we are looking for right shoulder,
usd index is in supply zone UJ is in a supply zone I’m watching PA and looking for big short opportunity
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  • #76,399
  • May 9, 2018 7:42pm May 9, 2018 7:42pm
Quoting Neil0163
On my video I posted two days ago I said we are looking for right shoulder, usd index is in supply zone UJ is in a supply zone I’m watching PA and looking for big short opportunity {image}
i doubt that we will see a short from 110, i bet that it will smash through it since it failed to decline past 108.6 earlier
Don't Worry Be Happy
  • #76,400
  • May 9, 2018 8:12pm May 9, 2018 8:12pm
Before and after, and now looking at 630!
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