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USD/JPY Discussion

  • #77,981
  • Sep 3, 2018 8:08pm Sep 3, 2018 8:08pm
Quoting hellsbells
If it can't get above 111.050 next hour or so I'll look to add to shorts. UJ is horrid, everyone come to EJ it's much nicer
sell ?
  • #77,982
  • Sep 3, 2018 8:14pm Sep 3, 2018 8:14pm
2 potential break areas, the second area will carry a little more weight. Trend and supply zone. It might even run the line, carry alittle higher then drop.



edit: seems a rejection just happened
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Learn, a forex trader must, unlearn and relearn he will.
  • #77,983
  • Sep 3, 2018 8:16pm Sep 3, 2018 8:16pm
Quoting COGSx86
2 potential break areas, the second area will carry a little more weight. Trend and supply zone. It might even run the line, carry alittle higher then drop. edit: seems a rejection just happened {image}
I love that "seems a rejection just happened". Thats UJ at the moment, its being difficult
  • #77,984
  • Sep 3, 2018 8:22pm Sep 3, 2018 8:22pm
I shorted. Mostly because I was annoyed I closed my EJ too early it's tanking, and this has just ? rejected the 23.6 daily fib, but I'm watching closely and ready to close it.
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  • #77,985
  • Sep 3, 2018 8:33pm Sep 3, 2018 8:33pm
i'm out. def done for the day
  • #77,986
  • Sep 3, 2018 8:36pm Sep 3, 2018 8:36pm
This is going to drop a good 30-60 pips
You will learn the most from your losing Trades
  • #77,987
  • Sep 3, 2018 9:06pm Sep 3, 2018 9:06pm
Hello fellow traders,

Watching the two shaded areas on h1 to consider short.

Thanks

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"The markets can remain irrational longer than you can remain solv
  • #77,988
  • Sep 3, 2018 10:00pm Sep 3, 2018 10:00pm
Quoting shyean
Hello fellow traders, Watching the two shaded areas on h1 to consider short. Thanks {image}
I'm sorry, there's a nice 2 pinbar there. I didnt think market is going downside. Furthermore, the bearish engulfing on daily timeframe failed to bring the price down atm. Im bullish on this pair
  • #77,989
  • Sep 4, 2018 1:00am Sep 4, 2018 1:00am
Quoting Pipmasterfx
{quote} I'm sorry, there's a nice 2 pinbar there. I didnt think market is going downside. Furthermore, the bearish engulfing on daily timeframe failed to bring the price down atm. Im bullish on this pair
i believe so too.. looks like the move has begun
  • #77,990
  • Sep 4, 2018 1:15am Sep 4, 2018 1:15am
Quoting Pipmasterfx
{quote} I'm sorry, there's a nice 2 pinbar there. I didnt think market is going downside. Furthermore, the bearish engulfing on daily timeframe failed to bring the price down atm. Im bullish on this pair
It is common for market to re-test the resistance before continuing the moving. In this case USDJPY, the fakey signal still exist and as long as 111.700 survive, I believe the bearish side will bring the opportunity. Sell on strength.

Use small time frame to detect accurate bearish entry.
  • #77,991
  • Sep 4, 2018 2:18am Sep 4, 2018 2:18am
Quoting SantoTrader
{quote} It is common for market to re-test the resistance before continuing the moving. In this case USDJPY, the fakey signal still exist and as long as 111.700 survive, I believe the bearish side will bring the opportunity. Sell on strength. Use small time frame to detect accurate bearish entry.
Buying the yen while the gold has been sold off? Nice

P/s: Kuroda boy really work hard on cheap yen
  • #77,992
  • Sep 4, 2018 2:38am Sep 4, 2018 2:38am
looks encouraging for the bulls, personally I'd like to see how we close today, and look for a spot to get long tomorrow, maybe we try for 112.80/113 this week....
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Look Sharp/Trade Tight
  • #77,993
  • Sep 4, 2018 2:40am Sep 4, 2018 2:40am
Quoting PayTheLimit
looks encouraging for the bulls, personally I'd like to see how we close today, and look for a spot to get long tomorrow, maybe we try for 112.80/113 this week.... {image}
Im agree with u bout those level but not sure when
  • #77,994
  • Sep 4, 2018 2:41am Sep 4, 2018 2:41am
112-112.50 is also a possibility..lets see.have set my trend t.p
  • #77,995
  • Sep 4, 2018 5:24am Sep 4, 2018 5:24am
had to go more
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  • #77,996
  • Sep 4, 2018 6:45am Sep 4, 2018 6:45am
Quoting longshot_nl
{quote} for this reason. {image}
good performance

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this could be the next level.

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  • #77,997
  • Sep 4, 2018 8:33am Sep 4, 2018 8:33am
Pump and Dump... Down we go I believe
You will learn the most from your losing Trades
  • #77,998
  • Sep 4, 2018 8:35am Sep 4, 2018 8:35am
sideways pattern.
50/50 sell and buy. carefull
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Profit growth tells you the trader ability.
  • #77,999
  • Sep 4, 2018 9:15am Sep 4, 2018 9:15am
The move is so wild huh...keep my long position
  • #78,000
  • Sep 4, 2018 9:31am Sep 4, 2018 9:31am
Quoting Pipmasterfx
The move is so wild huh...keep my long position
Heavy selling pump and dump. It’s exactly what it looks likes to me. I’ve been holding my shorts for days. Taking a while. Audjoy, gbpjpy and nzdjly all closed with profits. This one is taken a while
You will learn the most from your losing Trades
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