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USD/JPY Discussion

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  • Post #77,801
  • Quote
  • Aug 21, 2018 7:38am Aug 21, 2018 7:38am
  •  Pipmasterfx
  • | Joined May 2018 | Status: Member | 289 Posts
Ok i'm in as a buyer for this pair. Bought at 110.15. Lets see where will it go later. Target profit open
 
 
  • Post #77,802
  • Quote
  • Aug 21, 2018 9:25am Aug 21, 2018 9:25am
  •  Lot77
  • | Joined Dec 2017 | Status: Member | 250 Posts
The USD/JPY pair recovered from the daily low at 109.77 following US Treasury yields, as firmer equities worldwide keep risk-aversion in check. However the 20-day SMA is acticting as immediate support at 110.45, which yet remains hard to achieve by the bulls.
 
 
  • Post #77,803
  • Quote
  • Aug 21, 2018 9:51am Aug 21, 2018 9:51am
  •  PayTheLimit
  • Joined Aug 2009 | Status: Ride the Pig | 31,178 Posts
Quoting COGSx86
Disliked
{quote} Ya who needs 50 pip retracements. {image}
Ignored
well I didn't have any levels down there, if that's what your suggesting....
Look Sharp/Trade Tight
 
 
  • Post #77,804
  • Quote
  • Aug 21, 2018 10:12am Aug 21, 2018 10:12am
  •  COGSx86
  • Joined Dec 2013 | Status: Member | 1,845 Posts
Quoting PayTheLimit
Disliked
{quote} well I didn't have any levels down there, if that's what your suggesting....
Ignored
Suggested nothing, the markets go up some and down some. Never one direction.
Learn, a forex trader must, unlearn and relearn he will.
 
 
  • Post #77,805
  • Quote
  • Aug 21, 2018 10:16am Aug 21, 2018 10:16am
  •  PayTheLimit
  • Joined Aug 2009 | Status: Ride the Pig | 31,178 Posts
Quoting COGSx86
Disliked
{quote} Suggested nothing, the markets go up some and down some. Never one direction.
Ignored
sure....


I'll try some shorts at 110.68 in the next few hours if we get there...
Look Sharp/Trade Tight
 
 
  • Post #77,806
  • Quote
  • Aug 21, 2018 10:24am Aug 21, 2018 10:24am
  •  FloatingCha
  • | Joined May 2013 | Status: Member | 490 Posts
be careful now is the mid way of opening order .... buy right here may be not safe ..... but anything can happened
 
 
  • Post #77,807
  • Quote
  • Aug 21, 2018 11:11am Aug 21, 2018 11:11am
  •  COGSx86
  • Joined Dec 2013 | Status: Member | 1,845 Posts
Quoting PayTheLimit
Disliked
{quote} sure.... I'll try some shorts at 110.68 in the next few hours if we get there...
Ignored
Interesting

Long until .580, for me.
Learn, a forex trader must, unlearn and relearn he will.
 
 
  • Post #77,808
  • Quote
  • Aug 21, 2018 11:26am Aug 21, 2018 11:26am
  •  Luzbay
  • | Joined Mar 2015 | Status: Member | 700 Posts
I'm short at .51 (from yesterday) and looking for weakness to sell into.
 
 
  • Post #77,809
  • Quote
  • Aug 21, 2018 12:08pm Aug 21, 2018 12:08pm
  •  FloatingCha
  • | Joined May 2013 | Status: Member | 490 Posts
try first short at here .530-580 tp open if they can push up and up more ... no short anymore it will go 111.5 downtrend is end for a while
 
 
  • Post #77,810
  • Quote
  • Aug 21, 2018 12:09pm Aug 21, 2018 12:09pm
  •  Arturke
  • Joined Dec 2011 | Status: Member | 554 Posts
Quoting PayTheLimit
Disliked
{quote} sure.... I'll try some shorts at 110.68 in the next few hours if we get there...
Ignored
Don't do it man be smart
 
 
  • Post #77,811
  • Quote
  • Aug 21, 2018 12:30pm Aug 21, 2018 12:30pm
  •  PayTheLimit
  • Joined Aug 2009 | Status: Ride the Pig | 31,178 Posts
Quoting Arturke
Disliked
{quote} Don't do it man be smart
Ignored

ok, fine
Look Sharp/Trade Tight
 
1
  • Post #77,812
  • Quote
  • Aug 21, 2018 1:33pm Aug 21, 2018 1:33pm
  •  PowerTrade
  • | Joined May 2015 | Status: Member | 374 Posts
Quoting Arturke
Disliked
{quote} Can you share with article where you read about institutional impact in the market ?
Ignored
I don't have it



Quoting SunTrader
Disliked
{quote} Based on what?
Ignored
Weekly chart shows a clear tendency
https://i.imgur.com/Vgn9ImR.png

And too many hints in Daily chart
https://i.imgur.com/w10jrF2.png

Of course I could be wrong, but that's what I'm reading in charts.




Quoting Luzbay
Disliked
{quote} 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.
Ignored
I think right now we are in that area: https://i.imgur.com/ovzPtoR.png

But I'm waiting for confirmations.

I'm very tempted to open a short right now, but I will wait for confirmation...




1.
Side Note: Yesterday night I opened a long and I closed it becuase I made a bad reading... now it's 30 pips up


2.
Question: how do I paste an image directly in the post? In this post, when I quoted Suntrader, I wanted to paste the image, not the link. Thanks in advance.
A good strategy for trading is... the opposite of having a bad strategy.
 
 
  • Post #77,813
  • Quote
  • Aug 21, 2018 1:46pm Aug 21, 2018 1:46pm
  •  SunTrader
  • Joined Mar 2006 | Status: Trade the reaction not the news! | 10,381 Posts
Quoting PowerTrade
Disliked
...2. Question: how do I paste an image directly in the post? In this post, when I quoted Suntrader, I wanted to paste the image, not the link. Thanks in advance.
Ignored
At bottom of reply window. Upload from device etc.

Meanwhile thanks for those images but all they show, to me at least, is downtrend. Nothing about 105 in particular?
 
 
  • Post #77,814
  • Quote
  • Aug 21, 2018 1:51pm Aug 21, 2018 1:51pm
  •  PowerTrade
  • | Joined May 2015 | Status: Member | 374 Posts
Quoting SunTrader
Disliked
{quote} At bottom of reply window. Upload from device etc. Meanwhile thanks for those images but all they show, to me at least, is downtrend. Nothing about 105 in particular?
Ignored
Oh yes, I forgot about my expected TP area.

Weekly chart, downtrend/sideways channels.

Is just an expected target in my opinion.

Thanks for the image upload hint, but I wanted to paste the image directly into the reply, as you can see it is posted below the reply.
Attached Image (click to enlarge)
Click to Enlarge

Name: Screenshot1.png
Size: 22 KB
A good strategy for trading is... the opposite of having a bad strategy.
 
 
  • Post #77,815
  • Quote
  • Aug 21, 2018 2:08pm Aug 21, 2018 2:08pm
  •  Daroch
  • | Joined Jan 2016 | Status: Member | 14 Posts
Quoting PowerTrade
Disliked
{quote} Oh yes, I forgot about my expected TP area. Weekly chart, downtrend/sideways channels. Is just an expected target in my opinion. Thanks for the image upload hint, but I wanted to paste the image directly into the reply, as you can see it is posted below the reply. {image}
Ignored
Thanks for that... this is the first time the mess on my own chart looked anything like what someone has posted. Must mean I'm on the right track... or that I'll have company on the road to broke.

Attached Image
 
2
  • Post #77,816
  • Quote
  • Aug 21, 2018 2:57pm Aug 21, 2018 2:57pm
  •  PowerTrade
  • | Joined May 2015 | Status: Member | 374 Posts
Quoting Daroch
Disliked
{quote} Thanks for that... this is the first time the mess on my own chart looked anything like what someone has posted. Must mean I'm on the right track... or that I'll have company on the road to broke. {image}
Ignored
I bet your mess is connected to the time frame.

All of my opinon belong to different time frames because I set targets and entries in different time frames. I could make two short entries, one for long term and one for short term.

Of course, I don't suggest you to do the same, I just suggest you to analyze everything depending on your time frame target.
A good strategy for trading is... the opposite of having a bad strategy.
 
1
  • Post #77,817
  • Quote
  • Aug 21, 2018 3:30pm Aug 21, 2018 3:30pm
  •  FractalFreak
  • | Commercial Member | Joined Feb 2014 | 9,738 Posts
https://www.forexfactory.com/showthr...4#post11392174
Attached Image (click to enlarge)
Click to Enlarge

Name: utjjytjyj.png
Size: 30 KB
Making the DM smarter!
 
 
  • Post #77,818
  • Quote
  • Edited at 4:02pm Aug 21, 2018 3:46pm | Edited at 4:02pm
  •  SunTrader
  • Joined Mar 2006 | Status: Trade the reaction not the news! | 10,381 Posts
Quoting PowerTrade
Disliked
{quote} Oh yes, I forgot about my expected TP area. Weekly chart, downtrend/sideways channels. Is just an expected target in my opinion. Thanks for the image upload hint, but I wanted to paste the image directly into the reply, as you can see it is posted below the reply. {image}
Ignored
Ok thanks. Looks good and see how you project 105 target zone but as to including chart directly, without have to click to enlarge it, I believe it's not possible?
 
 
  • Post #77,819
  • Quote
  • Aug 21, 2018 4:48pm Aug 21, 2018 4:48pm
  •  Luzbay
  • | Joined Mar 2015 | Status: Member | 700 Posts
Interesting move!
 
 
  • Post #77,820
  • Quote
  • Aug 21, 2018 4:52pm Aug 21, 2018 4:52pm
  •  ppentz
  • | Joined Dec 2009 | Status: Member | 37 Posts
Glad I was short!
 
 
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