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USD/JPY Discussion

Quoting COGSx86
{quote} Update price: Wanting to reach 113.3-113.1 and 113 and most likely pushing back 112.6 {image} Original Analysis after the FOMC interest rate hike. {image}


Special Kind of Confidence to lay it out in front of everyone and to stand by one's predictions...
Quoting aaven
{quote} Special Kind of Confidence to lay it out in front of everyone and to stand by one's predictions...
Become one with the market, a trader must. Remove all emotions!
Learn, a forex trader must, unlearn and relearn he will.
amazing drop we finally broke 113.50 and we have a clear Head & shoulders pattern on 1h chart which will target to 112.6 area.

but as all of you know 112.60 is not my target.

my target is between 107.xx to 110.xx area

I will decide exactly where later
Quoting msniper
amazing drop we finally broke 113.50 and we have a clear Head & shoulders pattern on 1h chart which will target to 112.6 area. but as all of you know 112.60 is not my target. my target is between 107.xx to 110.xx area I will decide exactly where later
Sir, Amazing discipline and patience, was that move take you out of DD? Will looking for a bounce up to shot it down. Tks for your meaningful analysis.
its funny how UJ is not following or correlating with Dollar index now !!

its soo moody it moves with it only when it want lol
Quoting Khangfm
{quote} Sir, Amazing discipline and patience, was that move take you out of DD? Will looking for a bounce up to shot it down. Tks for your meaningful analysis.
ur welcome
.

what is DD mean ?
Quoting msniper
{quote} ur welcome . what is DD mean ?
It's Drawn down, I mean.

Best regards,
I'm on the sidelines still, nothing to trade off right now....The market has been mostly up, fine...we took an important weekly R out (113.50), with a very strong bar, yet we got no follow through to speak of last week, now we are retesting it....that's all I see
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Look Sharp/Trade Tight
Quoting PayTheLimit
I'm on the sidelines still, nothing to trade off right now....The market has been mostly up, fine...we took an important weekly R out (113.50), with a very strong bar, yet we got no follow through to speak of last week, now we are retesting it....that's all I see {image}
ohhhh ok

well any trade I open I risk 5% to 10% of my capital means if I SL I will lose 5% or 10% of my acc. in other side I will gain 20% or more because always profit is bigger than the risk

its not safe to trade like me. but this is my style I do this for long time
Quoting PayTheLimit
I'm on the sidelines still, nothing to trade off right now....The market has been mostly up, fine...we took an important weekly R out (113.50), with a very strong bar, yet we got no follow through to speak of last week, now we are retesting it....that's all I see {image}
just short it when we make a small bounce to a old broken support

for example if you see 114 short

now that 113.50 is broken and we heading to 112.60 it means if we reach there and we bounce to test 113.50 area again u short it

overall we area bearish and I am confident we will see 107.xx to 110.xx area soon
Quoting msniper
{quote} just short it when we make a small bounce to a old broken support for example if you see 114 short now that 113.50 is broken and we heading to 112.60 it means if we reach there and we bounce to test 113.50 area again u short it overall we area bearish and I am confident we will see 107.xx to 110.xx area soon

Indeed, I will wait for a little back and fill, or maybe a failure of this weekly R, which should be S now....well see, no rush


maybe some R developing at 113.90ish....

and maybe some S at 112.50/80 if you squint you eyes a tad...
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Look Sharp/Trade Tight
Quoting barloc
{quote} 2 trade targets -I am out when the first one is hit, if price retraces north then more trades will added and tp will be reassessed. notice me senpai notice me. {image}


Out at the safest possible TP level.
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Dragon Rider
possible harmonic for bounce inside red box targeting 113.5x area again which will provide good selling area for people that didn't short yet
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Guys, I think this is a good sell, although my indicators are showing a good buy. Just waiting for a break above 114.206
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Quoting msniper
amazing drop we finally broke 113.50 and we have a clear Head & shoulders pattern on 1h chart which will target to 112.6 area. but as all of you know 112.60 is not my target. my target is between 107.xx to 110.xx area I will decide exactly where later
in agreement on this 112.6x is the short-term target
forex forex forex
my future view of UJ for the next few weeks
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Quoting msniper
my future view of UJ for the next few weeks {image}
I would absolutely love this
USD/JPY came under a renewed selling pressure durign the last hours and is marking its lowest level in two weeks. The pair broke the 113.00 and how bears are aiming 122.55.
Quoting msniper
possible harmonic for bounce inside red box targeting 113.5x area again which will provide good selling area for people that didn't short yet {image}


Such move on monday is weird....something is not right...i believe UJ will turn bearish soon but still waiting.
I NEVER LOSE/=I EITHER WIN OR LEARN
Hi,
Can someone anysis about Eur Jpy? This pair possible back again to 129.5...?
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