Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

USD/JPY Discussion 7 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

I bought with a SL of 25 pips and TP of 50 pips
Hey guys I'm new here and would like to grow my knowledge.
Quoting drbob8000
https://www.bloomberg.com/news/artic...ried-quicktake Found link to the article
I really want to short this. Had a go at her today, but she did not go. I'm going to take your advise and again many thanks. See where she is tomorrow!!!!
Don't trade what you think. Just what you see!!!
Interesting headline

"Japan tells U.S. can't link monetary policy to trade: finance minister Aso"

https://www.reuters.com/article/us-u...-idUSKCN1S12NS
Learn, a forex trader must, unlearn and relearn he will.
Quoting COGSx86
Interesting headline "Japan tells U.S. can't link monetary policy to trade: finance minister Aso" https://www.reuters.com/article/us-u...-idUSKCN1S12NS

now adays not same like jun azumi headlines 2011...hehehe

yen move 200-500 pips when verbal comes...
Bismillah
Quoting krunfx
{quote} now adays not same like jun azumi headlines 2011...hehehe yen move 200-500 pips when verbal comes...

Market Makers don't need the excuse anymore. They have trumptweets now
When you feel like you HAVE to trade is when you least should!
Dollar Head and shoulders broke neck. Looks like it may close below.. then possibly BOHICA! (Bend over here it comes again) I was waiting on that spike to get out of my failed long. whew.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 144 KB
When you feel like you HAVE to trade is when you least should!
Quoting riclater211
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...
Hey All,

The week is over and price did not make it through my trend-line. The Trade Triangle is getting tighter. I am looking for a break out to the long side with USD news. I still have a long bias even though we are close to some tough resistance points. Be careful next week as it is also months end mid week so look out for re-balancing spikes and cash outs.

Have a great weekend

- Ric
Be humble or get humbled
Heard about flash crash on yen pairs due to thin liquidity during japan holiday...

interesting to study.....

will market volatile after us close and during austrlalian market open on asia session?

watching market behavior very closely....

Bismillah
Quoting riclater211
{quote} Hey All, The week is over and price did not make it through my trend-line. The Trade Triangle is getting tighter. I am looking for a break out to the long side with USD news. I still have a long bias even though we are close to some tough resistance points. Be careful next week as it is also months end mid week so look out for re-balancing spikes and cash outs. Have a great weekend - Ric

News... Fed already stated it wouldn't raise rates this year. So statement is basically out, and will just need confirmation to dip. Unless it is already "baked in"
When you feel like you HAVE to trade is when you least should!
I would like to go short on AUD/JPY next week since that might be a better pair to trade due to poor fundamentals in Australia and China. A rate cut is now more likely since the economic data out of Australia has been bad. China is slowing down and it is a major importer of natural resources from Australia.

AUD/JPY is not looking good on the daily chart and there is a risk of the bottom around 77.6 breaking down decisively.
Don't Worry Be Happy
Quoting MrPresident
I would like to go short on AUD/JPY next week since that might be a better pair to trade due to poor fundamentals in Australia and China. A rate cut is now more likely since the economic data out of Australia has been bad. China is slowing down and it is a major importer of natural resources from Australia. AUD/JPY is not looking good on the daily chart and there is a risk of the bottom around 77.6 breaking down decisively.


Good thoughts. Not much below other than that jpy flash. At least nothing lasting. Wouldn't a buy at the flash low be better? Especially with the Golden Week coming, and the warnings of low volume rips.
When you feel like you HAVE to trade is when you least should!
Would ideally like to buy within this range. Depends on confirmation though.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2019-04-28 at 9.13.56 pm.png Size: 210 KB
Humans are naturally hardwired to avoid and detest uncertainty.
Quoting OBsayMkMoney
{quote} Good thoughts. Not much below other than that jpy flash. At least nothing lasting. Wouldn't a buy at the flash low be better? Especially with the Golden Week coming, and the warnings of low volume rips.
sure, buying a flash crash dip is a good trade but the spread can become very wide and we don't know where the bottom will form in low liquidity

the market can stop you out quickly

some brokers may even freeze your platform during such highly volatile events
Don't Worry Be Happy
https://www.businessinsider.com.au/f...en-week-2019-4

Quote
The National Australia Bank’s FX strategy team, led by Ray Attrill, are alert to the danger, warning the combination of thin market liquidity and record short positions in the US dollar-Japanese yen cross among Japanese retail traders, often involving leverage, could lead to some wild price movements in the coming days.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 213 KB
Don't Worry Be Happy
Attached Image (click to enlarge)
Click to Enlarge Name: Yen.png Size: 21 KB
Quoting Theoak
{quote} I really want to short this. Had a go at her today, but she did not go. I'm going to take your advise and again many thanks. See where she is tomorrow!!!!
Pulled the trigger . Target locked and entered on the bull ride!!!!! THIS MIGHT GO TURBO!!!
Don't trade what you think. Just what you see!!!
Quoting MrPresident
https://www.businessinsider.com.au/f...en-week-2019-4 {quote} {image}
Nunca publican las posiciones cortas de los grandes bancos... Para que lado juegan estas noticias..
Quoting MrPresident
https://www.businessinsider.com.au/f...en-week-2019-4 {quote} {image}
Hi MrPresident - This kept me out of JPN over the weekend. I'm back in now and gone long
Don't trade what you think. Just what you see!!!
Quoting Theoak
{quote} Pulled the trigger . Target locked and entered on the bull ride!!!!! THIS MIGHT GO TURBO!!!
She's starting to move now. LETS SEE IF SHE GOES TURBO!!!!!!
Don't trade what you think. Just what you see!!!
7 traders viewing now