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USD/JPY Discussion

  • #80,321
  • Apr 22, 2019 2:07am Apr 22, 2019 2:07am
Quoting coderr
{quote} Take a closer look at the Dollar and Yen news. Because the dollar is likely to be weakened and yen strengthened.
Many Thanks - I'm out today- sometime!!!
Don't trade what you think. Just what you see!!!
  • #80,322
  • Apr 22, 2019 2:11am Apr 22, 2019 2:11am
Quoting Theoak
{quote} Many Thanks - I'm out today- sometime!!!
I am also an analyst and may be wrong, and nobody can claim that his analysis is 100%. But it should check the news and the chart accurately. But in my opinion, if the price is broken below 111.83, the likelihood of a return will be harder. Because buyers may be leaving. And sell. And we were lingered for almost 7 days, and a bit wrapped up by the pair. But patterns can help us.
  • #80,323
  • Apr 22, 2019 2:19am Apr 22, 2019 2:19am
Quoting coderr
{quote} I am also an analyst and may be wrong, and nobody can claim that his analysis is 100%. But it should check the news and the chart accurately. But in my opinion, if the price is broken below 111.83, the likelihood of a return will be harder. Because buyers may be leaving. And sell. And we were lingered for almost 7 days, and a bit wrapped up by the pair. But patterns can help us.
Like I say I've been stuck in this for days. I'm going to trail stop my way out of this and sometime today going to pull the plug.
Don't trade what you think. Just what you see!!!
  • #80,324
  • Apr 22, 2019 2:28am Apr 22, 2019 2:28am
Quoting Theoak
{quote} Hi - The bullish direction is the only concern for me. Like I say I'm in 3 trades, one which I've just closed off with small loss and seen the EUR pop up, I think short term so I've shorted this one!!!! See how it plays out.
out of Eur bad call small loss
Don't trade what you think. Just what you see!!!
  • #80,325
  • Apr 22, 2019 3:00am Apr 22, 2019 3:00am
Quoting Theoak
{quote} Like I say I've been stuck in this for days. I'm going to trail stop my way out of this and sometime today going to pull the plug.
Pulled the plug,, very...very small profit!!!!
Don't trade what you think. Just what you see!!!
  • #80,326
  • Apr 22, 2019 9:17am Apr 22, 2019 9:17am
Quoting coderr
{quote} Take a closer look at the Dollar and Yen news. Because the dollar is likely to be weakened and yen strengthened.
Do you think any of the general exuberance about USA's economic future would be more relevant for the long-term trend? I'm seeing an extraordinary amount of buying pressure that is so far unaccounted for in the media. If it touches 111.62 I would be an enthusiastic buyer.

Personally I think the index will achieve a solid correction in the near future. How that will affect the $ I'm unsure.



Quoting Theoak
{quote} Pulled the plug,, very...very small profit!!!!
Thats good man, didn't marry the trade.
Humans are naturally hardwired to avoid and detest uncertainty.
  • #80,327
  • Apr 22, 2019 9:41am Apr 22, 2019 9:41am
Quoting CannonScout
{quote} Do you think any of the general exuberance about USA's economic future would be more relevant for the long-term trend? I'm seeing an extraordinary amount of buying pressure that is so far unaccounted for in the media. If it touches 111.62 I would be an enthusiastic buyer. Personally I think the index will achieve a solid correction in the near future. How that will affect the $ I'm unsure. {quote} Thats good man, didn't marry the trade.
Well it was not really a hard decision. Just had to trade my way out of it. How I see it - was. Messi who is a world class player! One of the best! When he gets the ball he does not play tippy tappy football like some of them. He knows what he is doing, he attacks goes through them like a hot knife through butter! Well I'm in division 10, Sunday League and Messi is turning up tomorrow with 10 of his mates from Barc! I did not want to be playing tippy tappy with a pair of 3's- on the half way line. What would you do? Call it off flood lights not working (or get the doctor martens out)?
Don't trade what you think. Just what you see!!!
  • #80,328
  • Apr 22, 2019 5:50pm Apr 22, 2019 5:50pm
Quoting JayBag
{quote} you mean another break out? we already have a bullish BO which is shown on my chart.. range is normal but don't forget the direction
the breakout that i am referring to is on the daily chart and it is above 112.5 if the pair will turn more bullish

right now, it is trading around a tight range and we did not yet break the range to new highs or lows
Attached Image (click to enlarge)
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Don't Worry Be Happy
  • #80,329
  • Apr 22, 2019 8:03pm Apr 22, 2019 8:03pm
Quoting coderr
{quote} Take a closer look at the Dollar and Yen news. Because the dollar is likely to be weakened and yen strengthened.
111.69

Quoting CannonScout
{quote} Do you think any of the general exuberance about USA's economic future would be more relevant for the long-term trend? I'm seeing an extraordinary amount of buying pressure that is so far unaccounted for in the media. If it touches 111.62 I would be an enthusiastic buyer. Personally I think the index will achieve a solid correction in the near future. How that will affect the $ I'm unsure. {quote} Thats good man, didn't marry the trade.
I had already said that the pattern was formed, and if we were broken at 111.86, we would have a drop in price. And I think if you were selling yesterday there would be good profits. And I think we'll have a little more.
  • #80,330
  • Apr 22, 2019 9:26pm Apr 22, 2019 9:26pm
Quoting coderr
{quote} 111.69 {quote} I had already said that the pattern was formed, and if we were broken at 111.86, we would have a drop in price. And I think if you were selling yesterday there would be good profits. And I think we'll have a little more.
I was in sell from 112.01
My tp was 110.4
Sl was 113
After your comments I exit from trade at 111.7
  • #80,331
  • Apr 22, 2019 9:52pm Apr 22, 2019 9:52pm
Quoting ghussain
{quote} I was in sell from 112.01 My tp was 110.4 Sl was 113 After your comments I exit from trade at 111.7
H4
111.540~~~111.400(MAX)

I.SELL
SL:112(LOW-RISK)
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  • #80,332
  • Apr 22, 2019 11:51pm Apr 22, 2019 11:51pm
Man,

Being an Ex RB student, their chart painting is never new ... NEVER
Look for buy setup on this pair.. well, that's if you want something sustainable

Let's all stay safe
  • #80,333
  • Apr 23, 2019 12:31am Apr 23, 2019 12:31am
Hi, it has only popped down a bit. When Messi turns up with Barca in a few hours this could be a different story. He's in changing room at the moment cleaning his boots. Now reading this thread above has really made me start thinking about posting on here. What people say on this forum is their opinion. No one has a crystal ball. People have to read and make their own mind up. I read things on the news all the time and I actually question it!. Like my mother told me when I was a small child "If I told you to jump off a bridge, would you?" If the weather man tells you its going to be a sunny day and you look out the window and its raining do you get the barbecue out? I got out of this trade yesterday MYSELF and it was in my opinion a world class move. I could have stayed in the trade and made a bigger profit, but lets face it ,at the time, I was in the land of nod. I will give you some advise DON'T do anything because of what I say on here!!!! Make your own mind up!!
Don't trade what you think. Just what you see!!!
  • #80,334
  • Apr 23, 2019 12:43am Apr 23, 2019 12:43am
Quoting coderr
{quote} H4 111.540~~~111.400(MAX) I.SELL SL:112(LOW-RISK) {image}
Hi coderr, I have just read this again and actual looked at the numbers -your call was world class in my opinion!!!
Don't trade what you think. Just what you see!!!
  • #80,335
  • Apr 23, 2019 12:46am Apr 23, 2019 12:46am
Quoting Theoak
Hi, it has only popped down a bit. When Messi turns up with Barca in a few hours this could be a different story. He's in changing room at the moment cleaning his boots. Now reading this thread above has really made me start thinking about posting on here. What people say on this forum is their opinion. No one has a crystal ball. People have to read and make their own mind up. I read things on the news all the time and I actually question it!. Like my mother told me when I was a small child "If I told you to jump off a bridge, would you?" If the...
every now and again people want their ego brushed
I doubt many are in this for real.

but with time, we know those serious..
Messi still the best alive yet dead humble

and yes you right.. all opinions ... no christal ball..

Barca4Life
  • #80,336
  • Apr 23, 2019 12:48am Apr 23, 2019 12:48am
Quoting theoak
{quote} hi coderr, i have just read this again and actual looked at the numbers -your call was world class in my opinion!!!
i.sell
[email protected]
!!look!low-sl:111.996

Quoting Theoak
{quote} Hi coderr, I have just read this again and actual looked at the numbers -your call was world class in my opinion!!!
I do not know why you insist with yourselves. You left more than 50pips yesterday and are looking for ascending 30pips? it's reasonable ? 111.97 Good resistance is currently formed.
  • #80,337
  • Apr 23, 2019 1:04am Apr 23, 2019 1:04am
Quoting coderr
{quote} i.sell [email protected] !!look!low-sl:111.996 {quote} I do not know why you insist with yourselves. You left more than 50pips yesterday and are looking for ascending 30pips? it's reasonable ? 111.97 Good resistance is currently formed.
sorry Coderr - I must look at the time of these trades. I was taking it from my point of view. I was yesterday in a short on the half way line playing keep-it-up. With that pop down could have made a bigger profit. In my opinion I'm waiting for the second half.
Don't trade what you think. Just what you see!!!
  • #80,338
  • Apr 23, 2019 1:16am Apr 23, 2019 1:16am
Quoting Theoak
{quote} sorry Coderr - I must look at the time of these trades. I was taking it from my point of view. I was yesterday in a short on the half way line playing keep-it-up. With that pop down could have made a bigger profit. In my opinion I'm waiting for the second half.
I hope you enjoy today and be happy.
  • #80,339
  • Apr 23, 2019 1:18am Apr 23, 2019 1:18am
Quoting JayBag
{quote} every now and again people want their ego brushed I doubt many are in this for real. but with time, we know those serious.. Messi still the best alive yet dead humble and yes you right.. all opinions ... no christal ball.. Barca4Life
I like your style. I'm not telling you who I support. Anyway I'm more into cricket! And you are correct I am brushing my ego - Thanks for advising me. I will start watching out for it! has it is not pleasent
Don't trade what you think. Just what you see!!!
  • #80,340
  • Apr 23, 2019 1:20am Apr 23, 2019 1:20am
Quoting Theoak
{quote} I like your style. I'm not telling you who I support. Anyway I'm more into cricket! And you are correct I am brushing my ego - Thanks for advising me. I will start watching out for it! has it is not pleasent
was not referring to you mate..
I was speaking general terms and most traders on the forum
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