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USD/JPY Discussion

  • #80,441
  • May 2, 2019 10:37am May 2, 2019 10:37am
Hi All, Shorted this pair it is finally coming out of consolidation. divergency on higher time confirms shorted 111.50 stops at 111.58
Don't trade what you think. Just what you see!!!
  • #80,442
  • May 2, 2019 11:54pm May 2, 2019 11:54pm
Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW2.png Size: 81 KB


Simply trade with price at the first line it encounters.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #80,443
  • May 3, 2019 12:05am May 3, 2019 12:05am
Quoting Theoak
Hi All, Shorted this pair it is finally coming out of consolidation. divergency on higher time confirms shorted 111.50 stops at 111.58
Out of there. Break even
Don't trade what you think. Just what you see!!!
  • #80,444
  • May 3, 2019 8:11am May 3, 2019 8:11am
Having a pop in at 111.41 going long...
Don't trade what you think. Just what you see!!!
  • #80,445
  • May 3, 2019 8:35am May 3, 2019 8:35am
The pair is almost flat and probably waiting for the announcement of the US/China trade deal.

It is risky to trade at this time since the market is not sure whether to go up or down.
Don't Worry Be Happy
  • #80,446
  • May 3, 2019 8:41am May 3, 2019 8:41am
Quoting Theoak
Having a pop in at 111.41 going long...
Bringing stops up to 111.34. Give it a go risk reward worth a pop!
Don't trade what you think. Just what you see!!!
  • #80,447
  • May 3, 2019 8:49am May 3, 2019 8:49am
Quoting Theoak
{quote} Bringing stops up to 111.34. Give it a go risk reward worth a pop!
Nearly got stopped out there. Not looking good. I think this is me done now for Friday. I don't think this is going to work out. One more push down and I'm out! Hanging on by the skin of my teeth!!!!!
Don't trade what you think. Just what you see!!!
  • #80,448
  • May 3, 2019 10:31am May 3, 2019 10:31am
It is still going to close above 111.35 by end of this week.
Pecuniae obediunt omnia
  • #80,449
  • May 4, 2019 9:05am May 4, 2019 9:05am
Quoting PIPot
It is still going to close above 111.35 by end of this week.
Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW2.png Size: 82 KB


?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #80,450
  • May 4, 2019 12:32pm May 4, 2019 12:32pm
Quoting TooSlow
{quote} {image} ?
I like how these people have a crystal ball
A 1 pip gain is better than a 1 pip loss.
  • #80,451
  • May 5, 2019 12:03pm May 5, 2019 12:03pm
https://www.washingtontimes.com/news...fs-25-percent/

Quote
Trump raises China trade tariffs to 25 percent as talks move 'too slowly'

This could result in JPY buying in Asia today. AUD/JPY may have the biggest impact.
Don't Worry Be Happy
  • #80,452
  • May 5, 2019 2:51pm May 5, 2019 2:51pm
gap down
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Don't Worry Be Happy
  • #80,453
  • May 5, 2019 3:12pm May 5, 2019 3:12pm
Why do we have a gap down, where did get this informations?
  • #80,454
  • May 5, 2019 3:15pm May 5, 2019 3:15pm
flash crash at open is a done deal, jap is still on holiday folks.
  • #80,455
  • May 5, 2019 3:33pm May 5, 2019 3:33pm
Quoting Bicarus
flash crash at open is a done deal, jap is still on holiday folks.
What is your target for USD/JPY for a flash crash?
  • #80,456
  • May 5, 2019 3:44pm May 5, 2019 3:44pm
Quoting Firmin2509
{quote} What is your target for USD/JPY for a flash crash?
107ish or 104ish. take reference from jan's crash.
  • #80,457
  • May 5, 2019 3:59pm May 5, 2019 3:59pm
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYDaily.png Size: 65 KB


It looks like 106 area.
  • #80,458
  • May 5, 2019 4:37pm May 5, 2019 4:37pm
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Click to Enlarge Name: TOOSLOW2.png Size: 83 KB


Fade the gap, Mates.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #80,459
  • May 5, 2019 4:45pm May 5, 2019 4:45pm
Quoting TooSlow
{image} Fade the gap, Mates.
Japan has a holiday today and Asia is not online yet, wait for another 4 hours to see if it tanks further

Trump wants to put more tariffs on China and sanctions on Iran, which will be JPY positive
Don't Worry Be Happy
  • #80,460
  • May 5, 2019 5:12pm May 5, 2019 5:12pm
Free money for all. Santa came early
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