USD/JPY Discussion

Volume (as measured by ticks) is weaker on the up move/retracement than previous down/trend move.

only during risk off events, like panic

when the panic is over, dips are bought

My previous post was not a general statement. It is what is actually happening currently.

edit: My previous, not most previous

Bearish, the bias is, but the market doesnt move in a straight line. I could see price pushing up a bit before going lower but I also could see the bears not stopping, Yeessss

sold 108,85
sl 109,10
tp?
do not follow because it may be bad.
I use a strategy that can only be profitable in a series.

it's still a correction move in strong bullish swing to me

I think many are still on the sidelines regarding the rate hike. It is still rather uncertain. If they do occur I would not be surprised if this pair went a bit higher.

I haven't sold yet. 111.50 is a perfect selling price for me but I didn't manage to achieve it. Plus this whole Europe thing I think will blow over. It's really not that much of a crisis. How could it possibly break up the Union if Italy hasn't even formed a proper government yet?

Again I'm very bearish on this pair, and want to short the shit out of it. Yet knowing its ranging consistency and some of the fundamentals. I am inclined to wait.

USDJPY_4hr_10s_&_2s

i put a sell limit at 109, stop loss 109.7

target 108 and below

Remember NFP tomorrow

that's only important for scalpers

How about this daily chart?

it shows to sell rallies and spikes

And?

Hint: daily chart.

usd/jpy loving the space between 109 and 108.40 may be a close above or below one of these will give us a better direction...any thoughts?

We're probably headed back up

I bought USDJPY n 108.71.

I closed the Buy and open Sell in 108.77.

EDITED: I closed the sell too.

i'm trying another short from current levels

target 108 or below

stop 109.8

Sell - 108.846

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