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USD/JPY Discussion

  • #80,021
  • Feb 24, 2019 8:51pm Feb 24, 2019 8:51pm
Did it just break this pennant on lower side?
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Your friendly neighbourhood Sith
  • #80,022
  • Feb 24, 2019 9:26pm Feb 24, 2019 9:26pm
Quoting hellsbells
{quote} Nice pic. Yes I'm very good at getting baited. I was planning to tighten my SL right up to small profit, but then I habitually swamp my trade. It's never perfect. On the up side I took a profit, every trade is a lesson.
Keep on keepin' on my friend!
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Freedom is not free
  • #80,023
  • Feb 25, 2019 4:26am Feb 25, 2019 4:26am
Use the chart COGS, let go COGS, COGS trust the chart
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Learn, a forex trader must, unlearn and relearn he will.
  • #80,024
  • Feb 25, 2019 8:20am Feb 25, 2019 8:20am
it could rally today past 111 if equities open and turn bullish

the market may like the good US/China trade negotiation news if further tariffs can be avoided
Don't Worry Be Happy
  • #80,025
  • Feb 25, 2019 10:40am Feb 25, 2019 10:40am
Quoting MrPresident
it could rally today past 111 if equities open and turn bullish the market may like the good US/China trade negotiation news if further tariffs can be avoided
the rally is on, will it run out of steam?

a daily close above 111 is needed for bulls to take control
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Don't Worry Be Happy
  • #80,026
  • Feb 25, 2019 1:22pm Feb 25, 2019 1:22pm
Retracement, we should watch for, as the initial thrust was a monday, but we mustn't forget, price could just continue higher.

The way price has moved, similar to late March last year, it has. 2 Scenarios, I see.
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Learn, a forex trader must, unlearn and relearn he will.
  • #80,027
  • Feb 25, 2019 8:06pm Feb 25, 2019 8:06pm
It is getting dumped again
Don't Worry Be Happy
  • #80,028
  • Feb 26, 2019 10:26pm Feb 26, 2019 10:26pm
strong sells, but i prefer buying this pair, small lots only

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LUCKY golden trades, LUCKY gold investor trading style
  • #80,029
  • Feb 27, 2019 10:19am Feb 27, 2019 10:19am
kuroda fed manipulator twins selling yen..Look at this comedy.it should be below 100 already.
  • #80,030
  • Feb 27, 2019 10:27am Feb 27, 2019 10:27am
Quoting Tengizhan
kuroda fed manipulator twins selling yen..Look at this comedy.it should be below 100 already.
If they're selling Yen, why would it be below 100?
Humans are naturally hardwired to avoid and detest uncertainty.
  • #80,031
  • Feb 27, 2019 10:29am Feb 27, 2019 10:29am
Quoting fx4money
strong sells, but i prefer buying this pair, small lots only {image}
all earlier buys closed at tp, waiting for another round of buying
LUCKY golden trades, LUCKY gold investor trading style
  • #80,032
  • Feb 27, 2019 10:31am Feb 27, 2019 10:31am
Quoting fx4money
{quote} all earlier buys closed at tp, waiting for another round of buying
What price you looking at?
Humans are naturally hardwired to avoid and detest uncertainty.
  • #80,033
  • Feb 27, 2019 10:39am Feb 27, 2019 10:39am
Quoting CannonScout
{quote} What price you looking at?
now price is between R38 n R61, waiting for next h1 candle, I think may still good to go to Monday high.
LUCKY golden trades, LUCKY gold investor trading style
  • #80,034
  • Feb 27, 2019 10:46am Feb 27, 2019 10:46am
Quoting CannonScout
{quote} If they're selling Yen, why would it be below 100?
they are selling,thats why usdjpy 110! not below 100
  • #80,035
  • Feb 27, 2019 10:54am Feb 27, 2019 10:54am
Quoting Tengizhan
{quote} they are selling,thats why usdjpy 110! not below 100
Ahh get it.

Quoting fx4money
{quote} now price is between R38 n R61, waiting for next h1 candle, I think may still good to go to Monday high.
Nice man. As a long-termer, I'm just waiting it out. Believe it can go to the 112 area but want a better price. There is buying pressure that's for sure.

Just pick up the good buy areas and watch out for the s-hunters.
Humans are naturally hardwired to avoid and detest uncertainty.
  • #80,036
  • Feb 28, 2019 6:02pm Feb 28, 2019 6:02pm
Could someone buy a lot of JPY so I can get in at a good price? Thanks
Humans are naturally hardwired to avoid and detest uncertainty.
  • #80,037
  • Feb 28, 2019 8:45pm Feb 28, 2019 8:45pm
first test ..... so high resistant if it take 1 time to go up more without pullback ... will be a bit surprise... so let's wait for better spot ... buy here 111.700 is "bad spot"
  • #80,038
  • Feb 28, 2019 9:26pm Feb 28, 2019 9:26pm
R100 breached here too, trading based on daily close, multiple entry, I continue buying when price is above yesterday close.
LUCKY golden trades, LUCKY gold investor trading style
  • #80,039
  • Mar 4, 2019 1:21am Mar 4, 2019 1:21am
Very tight SL I know. Slow day, glad I decided to get out and enjoy it over watching this.
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  • #80,040
  • Mar 4, 2019 1:26am Mar 4, 2019 1:26am
Now that I've posted my chart I'm sure it's a great buy...
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