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USD/JPY Discussion

  • #77,581
  • Aug 2, 2018 7:53pm Aug 2, 2018 7:53pm
Watch price and lines but puleeaze forget squiggly lines.



Good luck.
  • #77,582
  • Aug 2, 2018 8:01pm Aug 2, 2018 8:01pm
Quoting SunTrader
H1 EW count (which means minor waves 3, 4 and 5 to come to complete higher Wave 5):- {image}

Wave 5 projects price, to what range, hmmm?
Learn, a forex trader must, unlearn and relearn he will.
  • #77,583
  • Aug 2, 2018 8:04pm Aug 2, 2018 8:04pm
a doji right on the 50SMA. Hmm. Makes me very cautious
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  • #77,584
  • Aug 2, 2018 8:05pm Aug 2, 2018 8:05pm
Quoting SunTrader
Watch price and lines but puleeaze forget squiggly lines. Good luck.
I love squiggly lines , see above lol
  • #77,585
  • Aug 2, 2018 9:35pm Aug 2, 2018 9:35pm
bear alert. closed longs. hmmm
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  • #77,586
  • Aug 2, 2018 11:29pm Aug 2, 2018 11:29pm
Quoting batus
Break & rejection on H4 {image}
Remain the same for me

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  • #77,587
  • Aug 2, 2018 11:53pm Aug 2, 2018 11:53pm
USD/JPY rallied this morning to 111.80 but currently is hovering around 111.70. Whether the pair will keep its direction depends ot the NFP outcome today.
  • #77,588
  • Aug 3, 2018 1:00am Aug 3, 2018 1:00am
one possibility.
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  • #77,589
  • Aug 3, 2018 6:02am Aug 3, 2018 6:02am
Quoting hellsbells
{quote} I love squiggly lines , see above lol
Yes . Meaningless. At one point long ago I thought they had meaning and that price respected them. Now I know that it was during rare times they "lined" that it was all coincidental.

What specifically do you see?
  • #77,590
  • Aug 3, 2018 8:16am Aug 3, 2018 8:16am
- Short, looking for 111.15 and Long.
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  • #77,591
  • Aug 3, 2018 8:36am Aug 3, 2018 8:36am
Quoting SunTrader
{quote} Yes . Meaningless. At one point long ago I thought they had meaning and that price respected them. Now I know that it was during rare times they "lined" that it was all coincidental. What specifically do you see?
Out of curiosity, what do you look at on charts? What are the tracks you see in the dust?
  • #77,592
  • Aug 3, 2018 8:38am Aug 3, 2018 8:38am
Hi guys do you think UJ may test 111.15 levels
Think Think Think.
  • #77,593
  • Aug 3, 2018 8:50am Aug 3, 2018 8:50am
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Think Think Think.
  • #77,594
  • Aug 3, 2018 8:52am Aug 3, 2018 8:52am
Quoting Daroch
{quote} Out of curiosity, what do you look at on charts? What are the tracks you see in the dust?
I posted a chart last night 808pm ET. Which may need "adjusting" lol.
  • #77,595
  • Aug 3, 2018 9:01am Aug 3, 2018 9:01am
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  • #77,596
  • Aug 3, 2018 9:05am Aug 3, 2018 9:05am
Quoting SunTrader
{quote} I posted a chart last night 808pm ET. Which may need "adjusting" lol.
Thank you. I'm not familiar with the notations... I'll see if I can find a description in this thread's history.
  • #77,597
  • Aug 3, 2018 9:12am Aug 3, 2018 9:12am
Quoting Ziko9o8
{image}
Don't "worry" about that.

You always learn even when it does the unexpected. At least you should learn.
  • #77,598
  • Aug 3, 2018 9:15am Aug 3, 2018 9:15am
Quoting Daroch
{quote} Thank you. I'm not familiar with the notations... I'll see if I can find a description in this thread's history.
A good starting point for just about anything trading related is the website baby pips. Here's a link for Elliott Waves page:-
https://www.babypips.com/learn/forex...tt-wave-theory
  • #77,599
  • Aug 3, 2018 9:29am Aug 3, 2018 9:29am
i am adding shorts.First target is below 110..When SP500 get profit taking positions..

Take care.
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  • #77,600
  • Aug 3, 2018 10:23am Aug 3, 2018 10:23am
where we do stand
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