USD/JPY Discussion

I think we want to short this opener, targeting low 109.

That wouldn't surprise me

Curious what your projections are based on, I'm, hmmm

I believe it goes like this.

wouldn't that cause it to crash with the stock markets?

That guy loves doing drive-by nonsense comments.

I had a cracker of a morning going long and am happy with my profits, however in respect to the crazy UJ beast and it's ability to surprise, I entered 3 shorts , have taken profit on 2 and leaving 1 with a $26 risk for a mystery afternoon ride. If it finds support and heads north so be it, have met profit target.
NB Just took profit profit at 110.772. I'm done for the day.

resistance area @ 111---111.50. below this level,bearish is in charge.

Formations hasn’t happened in a very long time, on the 4 hour, hmmm doji I speak of.

10 year and 2 years spreads not supporting current price. Fed in the market to the tune of $97bn on Friday. USD liquidity will be lower. Looking for short opportunities

Usd/Jpy has a brief moment of consolidation around 110.70, the pair would test 110.50/60 zone, break below next target will be 110.20.

wow what an unusual start to the day. So many long tails with bodies wanting to go north but unable.
I'm in long, but big 5min candles like that make me suspicious. It's a whole candle breakout though so holding for now. unsure of profit target
NB, TP1 at 110.925, leaving remaining trade with $17 risk atm
NB closed 2nd trade 110.914. i smell bear. Ha so much for my nose!! oh well.

Bears are in control now

It's holding below the resistance that scared me off my longs this am. I hope it dies to 110.000. What a bi-polar day. Closed my shorts as it broke up through 110.863. it's rejecting south. Dam.

Daily

looks like we retested resistance, making the play for a double top at 111.39.

H4

I think she will have a little correction first before go down to 109.30 sup area

it looks like trend-support line is not holding... or am I wrong...