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USD/JPY Discussion

  • #78,601
  • Oct 15, 2018 2:25am Oct 15, 2018 2:25am
I dont see any buy till price falls to 111.00/110.7ish. until then the bears are readily in control. Sell 111.707 sl 20pips target 70pips
Keep the Lights on then you can catch the rise from the dark.
  • #78,602
  • Oct 15, 2018 3:44am Oct 15, 2018 3:44am
UJ now 111.7x

I am not trading it I already exit my short last week but what I see that there is a potential that UJ fly again to 113 area

I advice anyone short is to Take profit and he can short again at higher prices
  • #78,603
  • Oct 15, 2018 4:56am Oct 15, 2018 4:56am
IŽve opened my long position at 112.20. I didnŽt begin right but i trade from H4 so iŽll wait. I keep my TP at 113.32.
  • #78,604
  • Edited 6:13am Oct 15, 2018 5:52am | Edited 6:13am
the buy is a trap sell the UJ to the bottom. 111.000 is next bustop
Keep the Lights on then you can catch the rise from the dark.
  • #78,605
  • Oct 15, 2018 7:21am Oct 15, 2018 7:21am
Quoting F.g
112.10 is obsolete now... Will go long at 111.85 ON STOP Previous longs cls at loss...
Buy - 111.70

.
Together we can be strongest
Vantage Return This Month: -97.0%
  • #78,606
  • Oct 15, 2018 7:50am Oct 15, 2018 7:50am
Quoting palpite
{quote} Buy - 111.70 .
Closed in 111.75.

.
Together we can be strongest
Vantage Return This Month: -97.0%
  • #78,607
  • Oct 15, 2018 8:12am Oct 15, 2018 8:12am
beyond frustrating today
  • #78,608
  • Oct 15, 2018 8:14am Oct 15, 2018 8:14am
Quoting palpite
{quote} Closed in 111.75. .
Not is going down.

Trying again.

Buy - 111.78

.
Together we can be strongest
Vantage Return This Month: -97.0%
  • #78,609
  • Oct 15, 2018 8:59am Oct 15, 2018 8:59am
Quoting palpite
{quote} Not is going down. Trying again. Buy - 111.78 .
Closed in 111.82. I not will try more.
Together we can be strongest
Vantage Return This Month: -97.0%
  • #78,610
  • Oct 15, 2018 9:06am Oct 15, 2018 9:06am
Quoting ricmaj
the buy is a trap sell the UJ to the bottom. 111.000 is next bustop

Im curious what your reasoning is for downward pressure?
Learn, a forex trader must, unlearn and relearn he will.
  • #78,611
  • Oct 15, 2018 10:04am Oct 15, 2018 10:04am
At weekly market open, started my longs, I did.
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Learn, a forex trader must, unlearn and relearn he will.
  • #78,612
  • Oct 15, 2018 10:49am Oct 15, 2018 10:49am
Major support/old resistance and lots of profit taking on large sell orders. Looks like a strong area for a bounce/reversal.
  • #78,613
  • Oct 15, 2018 12:17pm Oct 15, 2018 12:17pm
Bears are pushing lower and USD/JPY is now situated below the 112.00 handle. During the upcoming session the pair will meet the key support provided by the 100-day SMA around 111.50.
  • #78,614
  • Oct 15, 2018 1:09pm Oct 15, 2018 1:09pm
Quoting Lot77
Bears are pushing lower and USD/JPY is now situated below the 112.00 handle. During the upcoming session the pair will meet the key support provided by the 100-day SMA around 111.50.
Probably a bear trap. Price approaches 111.70 and ricochets off. Need to convincingly penetrate 111.7 or I'm skeptical of any bearish momentum...
  • #78,615
  • Oct 15, 2018 1:24pm Oct 15, 2018 1:24pm
Quoting okshop
UJ {image}
uj daily
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Self discipline It is a practice
  • #78,616
  • Oct 15, 2018 1:50pm Oct 15, 2018 1:50pm
Quoting palpite
{quote} Buy - 111.70 .
Wow palpite, I find your prediction is quite similar with mine. I like your technique
111.70 pull up.
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The consistent profit comes from the perfect algorithm.
  • #78,617
  • Oct 15, 2018 2:56pm Oct 15, 2018 2:56pm
Quoting tedoxadvisor
{quote} Wow palpite, I find your prediction is quite similar with mine. I like your technique 111.70 pull up. {image}
I shared 1 MA Hi/Lo, test with your template.

https://www.forexfactory.com/showthr...6#post11580616

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Together we can be strongest
Vantage Return This Month: -97.0%
  • #78,618
  • Oct 15, 2018 4:03pm Oct 15, 2018 4:03pm
Looks like a huge institutional block buy @ 111.72-111.75
  • #78,619
  • Oct 15, 2018 4:24pm Oct 15, 2018 4:24pm
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  • #78,620
  • Oct 16, 2018 1:52am Oct 16, 2018 1:52am
once UJ close above the downtrend it will target 50% or 61% fibo
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