USD/JPY Discussion | Page 3953 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

USD/JPY

Similar Threads

USD/JPY Discussion 12 replies

NZD/JPY Discussion 12 replies

long eur/jpy, gbp/jpy, usd/jpy 11 replies

EUR/USD Bollinger Band Discussion 3 replies

Suidster's GBP/JPY Discussion 19 replies

Attachments: USD/JPY Discussion
Exit Attachments

USD/JPY Discussion

  • #79,041
  • Nov 14, 2018 1:02pm Nov 14, 2018 1:02pm
Quoting Prisha
{image} Guys, I bought USDJPY around the two weeks ago, do you think according to this chart I should remain long towards 118.00? or I close the trade?
The price crossed the pivot weekly in 113.60 and the pivot monthly (113.30 ) can be the support yet. You can close or wait to confirm the drop after cross the pivot monthly.
Together we can be strongest
Vantage Return This Month: na
  • #79,042
  • Nov 14, 2018 2:29pm Nov 14, 2018 2:29pm
The USD/JPY fell to 113.29 and reached a new weekly low. Currently is trading few pips above the level by the end of the US session. On the four hour time frame the pair is developing well above its 100 and 200 SMA, both around the 113.00 level and with the shortest advancing below the larger one as technical indicatorsresume their declines within negative levels, skewing the risk to the downside. Renewed selling interest below 113.20, now the immediate support should lead to a steeper decline, particularly if Asian shares follow the lead of their overseas counterparts.
  • #79,043
  • Nov 14, 2018 6:20pm Nov 14, 2018 6:20pm
So last night i placed some ill fated shorts, then place some longs and went to bed, woke and choked on my coffee looking at the chart, went outside and trod in dogshit, now stuck using my phone because my laptop appears to be doing an update from hell. I probably shouldn't trade today...
  • #79,044
  • Nov 14, 2018 6:27pm Nov 14, 2018 6:27pm
Quoting hellsbells
So last night i placed some ill fated shorts, then place some longs and went to bed, woke and choked on my coffee looking at the chart, went outside and trod in dogshit, now stuck using my phone because my laptop appears to be doing an update from hell. I probably shouldn't trade today...
Where were you're longs positioned?

not sure what "trod in dogshit" means?
Learn, a forex trader must, unlearn and relearn he will.
  • #79,045
  • Nov 14, 2018 6:43pm Nov 14, 2018 6:43pm
my longs were placed at that tick with the bullish hour candle that followed the bearish candle, right on the squiggly lines. I thought it was breaking up as it had appeared to reject lower, but no


Surely Yoda has trod in dog shit....
Attached Image (click to enlarge)
Click to Enlarge Name: 1511.png Size: 90 KB
  • #79,046
  • Nov 14, 2018 6:45pm Nov 14, 2018 6:45pm
Quoting hellsbells
my longs were placed at that tick with the bullish hour candle that followed the bearish candle, right on the squiggly lines. I thought it was breaking up as it had appeared to reject lower, but no {image}

From an analysis perspective nothing wrong with the entry
Learn, a forex trader must, unlearn and relearn he will.
  • #79,047
  • Edited 7:16pm Nov 14, 2018 6:51pm | Edited 7:16pm
Quoting COGSx86
{quote} From an analysis perspective nothing wrong with the entry

Hmm thanks, and my SL were ok too. Normally I like to nurse a trade into profit and tighten SL, but I was tired and went to bed. The irony is I've been so bearish, and had longs. These things happen


I just longed EU- and closed them again- for a profit though
  • #79,048
  • Nov 14, 2018 8:03pm Nov 14, 2018 8:03pm
Hello fellow traders,

Day chart. Would you consider short?

Thanks

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYDaily.png Size: 39 KB
"The markets can remain irrational longer than you can remain solv
  • #79,049
  • Nov 15, 2018 12:04am Nov 15, 2018 12:04am
Quoting shyean
Hello fellow traders, Day chart. Would you consider short? Thanks {image}
No idea, calling it a day, going long a shiraz. Good luck
  • #79,050
  • Nov 15, 2018 1:24am Nov 15, 2018 1:24am
It does look bearish but tough one to call
  • #79,051
  • Nov 15, 2018 1:34am Nov 15, 2018 1:34am
High risk, but I'm mopping up all the sells rights now. Still think higher to go.

Hells, I've been bearish for the last 3 months when I first started my analysis. But I didn't believe it would occur just yet, I knew there was plenty of buying taking place so I went long for a long time. Even though I'm bearish, I've held long positions for the past 3 months.

Take a look at AUD/JPY, I've observed some correlation and that is soaring. Shows that this is probably a lack of USD buying instead of JPY demand.

Purchased at 113.40. But very tight stop-loss, considering the dow's down, maybe it's a more a lack of confidence by speculators. But again, I wouldn't berate anyone for staying out of this market.
Humans are naturally hardwired to avoid and detest uncertainty.
  • #79,052
  • Nov 15, 2018 1:55am Nov 15, 2018 1:55am
Quoting CannonScout
High risk, but I'm mopping up all the sells rights now. Still think higher to go. Hells, I've been bearish for the last 3 months when I first started my analysis. But I didn't believe it would occur just yet, I knew there was plenty of buying taking place so I went long for a long time. Even though I'm bearish, I've held long positions for the past 3 months. Take a look at AUD/JPY, I've observed some correlation and that is soaring. Shows that this is probably a lack of USD buying instead of JPY demand. Purchased at 113.40. But very tight stop-loss,...
I've stopped trading Aus pairs, it has burnt me too often. I find it jumpy and unpredictable whilst day scalping 5 min chart. I do work towards holding trades for hours but I've found AUS can get these odd money dumps ( a bit like EUR but I like EUR for some reason) and I find it challenging to read. I've spent most of my time trading UJ, EJ and EU maybe its psychological. At any rate they challenge me enough, and I ignore AUS. One of my many foibles.
  • #79,053
  • Nov 15, 2018 2:03am Nov 15, 2018 2:03am
I shorted UJ yesterday around 113.90 I will keep holding even if price goes up to test 114.54 top

I believe that we should see 110.xx levels in these days
  • #79,054
  • Nov 15, 2018 2:17am Nov 15, 2018 2:17am
Hey guys whats up i am new here . I am trading usdjpy and audusd.I am reading your posts and i also think usdjpy will go down little bit. I am bearish for the day . Pay no heed just a passerby .
  • #79,055
  • Nov 15, 2018 3:06am Nov 15, 2018 3:06am
Hello

A long scalp on 1hr?
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH1.png Size: 41 KB
Fly in formation
  • #79,056
  • Nov 15, 2018 3:31am Nov 15, 2018 3:31am
its seems today bearish trend might have begun
  • #79,057
  • Nov 15, 2018 4:07am Nov 15, 2018 4:07am
parliament will pass the deal to avoid a chaotic outcome
  • #79,058
  • Nov 15, 2018 8:14am Nov 15, 2018 8:14am
Quoting Suj
its seems today bearish trend might have begun
Maybe towards 112/111 next
  • #79,059
  • Nov 15, 2018 8:45am Nov 15, 2018 8:45am
Hello - another long scalp on 30 min.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM30.png Size: 41 KB
Fly in formation
  • #79,060
  • Nov 15, 2018 9:11am Nov 15, 2018 9:11am
Looking at the 1hr chart, the potential is there for a V shaped chart or a U shaped chart - long. Risking entries long as we progress. 113.60 may be a good target in the end?
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH1.png Size: 57 KB
Fly in formation
34 traders viewing now