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USD/JPY Discussion

I'm liking 110.90 as a resistance...
Look Sharp/Trade Tight
Quoting PayTheLimit
I'm liking 110.90 as a resistance...
for the week or today?
USD/JPY continues to struggle with 110.50 level, but the daily low seems much more attractive for the bears.
Quoting petehnm
{quote} for the week or today?
just for today I thinks...
Look Sharp/Trade Tight
Quoting PayTheLimit
{quote} just for today I thinks...
good to know..thanks for the insight.
a decisively boring trading day, but i guess it was to be expected, fingers crossed, Jacksons Hole will bring some excitement!

ive been holding this short for almost 7 trading days and barely up 20 pips!!!! BORING!!

i hope the faffing stops soon

the only thing worse than being wrong is being bored!

H4
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90% of people, are wrong about 90% of everything, 90% of the time...
Quoting Arturke
usd/jpy 2018 average pips per day, hopes so that will be useful {image}

Curious why and what method you used to do this?

Very powerful this is, thank you for sharing.
Learn, a forex trader must, unlearn and relearn he will.
Quoting COGSx86
{quote} Curious why and what method you used to do this? Very powerful this is, thank you for sharing.
If you have an ATR on your trading platform change length to just 1. That give you individual daily range.

Applied to a daily bar chart of course.
Quoting COGSx86
{quote} Curious why and what method you used to do this? Very powerful this is, thank you for sharing.
Want to go to the Mars use tool (crosshair) from MT4 count every single daily candle backwards until 2018 beginning, every daily pips sum divide from in that month working days. Your welcome
Quoting Arturke
usd/jpy 2018 average pips per day, hopes so that will be useful {image}
Thank you a lot!!!
A good strategy for trading is... the opposite of having a bad strategy.
BTW, I entered long at 110.600, I doubted and I closed with 1 pip gain.

I didn't short because I doubted, and now it is 110.200 >_<
A good strategy for trading is... the opposite of having a bad strategy.
Im targeting 107-ish since 112.78
My current target is 108.25.
If I'd enter a long term short, I'd target 105.

I think I will take it in the next retracement.
A good strategy for trading is... the opposite of having a bad strategy.
Quoting PowerTrade
If I'd enter a long term short, I'd target 105. I think I will take it in the next retracement.
Based on what?
The pair broke below 110.10 level, opens door to further decline, the bearish trend found support zone around 109.10/20.
Quoting PowerTrade
If I'd enter a long term short, I'd target 105. I think I will take it in the next retracement.
Have you got a target area for the next retracement that you are looking for?

If price gets back to 110.35(ish), I'd be looking to add to my shorts from there.
mostly down as of late...couple of spots I consider for shorts for now....
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Look Sharp/Trade Tight
Quoting PayTheLimit
mostly down as of late...couple of spots I consider for shorts for now.... {image}

Ya who needs 50 pip retracements.
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Learn, a forex trader must, unlearn and relearn he will.
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