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USD/JPY Discussion 7 replies

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

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USD/JPY Discussion

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No guts, no glory
Quoting abokwaik
{image}
that is good news for bears or JPY buyers
Don't Worry Be Happy
Quoting CassandraK
USD/JPY is a difficult pair to understand. If it was pulled up to 114.00, I would sell with confidence. And to buy now early, stochastic in the overbought zone. Weekly {image}
There on your chart there is a weekly pinbar. Before too there is one and you can see price rose quite a bit. So you could say it will reach 114. So Buy it and Sell it there. Haha. And Dont worry be happy.
Quoting MrPresident
{quote} that is good news for bears or JPY buyers
Maybe
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BOJ day coming up, I predict a bounce to 112.5 or higher based upon the dovish outlook of the central bank
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Don't Worry Be Happy
Quoting MrPresident
BOJ day coming up, I predict a bounce to 112.5 or higher based upon the dovish outlook of the central bank {image}
Hi Mr president, Got stuck in a short on this one last week managed to get out of it, because I believe what you're saying is correct.
Don't trade what you think. Just what you see!!!
Quoting Theoak
{quote} Hi Mr president, Got stuck in a short on this one last week managed to get out of it, because I believe what you're saying is correct.
I have just put a long on this. lets see what we get!
Don't trade what you think. Just what you see!!!
Was up a solid 30 pips today and was rooting more for the downside imo. Price clearly ain't having it.

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Quoting DailyChart
{quote} Maybe {image}
This pair can't wait to fly..
Lol your arrow too bent south side
Quoting Theoak
{quote} I have just put a long on this. lets see what we get!
Out now. Quick pips. schoolboy I Know, but finished for the day.
Don't trade what you think. Just what you see!!!
UJ targetting 112.38 resistance soon
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
Damnn and it's not even news day yet..
Clearly more fireworks coming through
Quoting JayBag
Damnn and it's not even news day yet.. Clearly more fireworks coming through
Man I brushed up. Managed to re-enter at 111.66. Still wanted 111.62 though, being a FIB number and all...
Humans are naturally hardwired to avoid and detest uncertainty.
Confirmed breakout, I see! Tamed inflation, USD to get stronger.

Want this, BOJ does.

https://www.forexfactory.com/showthr...4#post12218694
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Learn, a forex trader must, unlearn and relearn he will.
Hey All,

USDJPY has finally broke out above its 30 day high of 112.00 level. It does have to do with the overall strengthening of the USD across all USD pairs. I am not sure if it will continue as on the tech side it has a lot of resistance. We are 200 ish pips away from 2 year high. IMHO that means struggle unless we get some surprise fundamentals.

If it does get through all that, the next MAJOR RESISTANCE isn't until 118.50 level. That is in the neighborhood of 400 pips upside potential. As always it is News dependent. No trade right now for me but we shall see.

- Ric
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Be humble or get humbled
do you want a good advice ?
Time to buy USD YEN right now !
wait for news fam
Got a beating yesterday! Some very good lessons. Expensive but very good! A very embarrassing school boy error that I hope I never make again. I think we are in agreement this is going north! When the opportunity arises today I'm going to pull the trigger.
Don't trade what you think. Just what you see!!!
Quoting flanders
in long usd/jpy @ 123.25
How long UJ Will on 123.25 ?
I think very hard to break 114
Quoting Ridmantas
USDJPY has build technical trend lines with imminent breakouts to short side. However, ~112.20 might be touched before moving to south. {image}
Breakout is imminent, targets at ~109.70
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