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USD/JPY Discussion

  • #81,001
  • Aug 6, 2019 4:53am Aug 6, 2019 4:53am
Quoting john0415
{quote} Force?Are you guys so stupid?
May the force be with you little brain
ex nihilo
  • #81,002
  • Aug 6, 2019 4:55am Aug 6, 2019 4:55am
Quoting Oc6oph
{quote} May the force be with you little brain
PA Return Today: 4.6%
  • #81,003
  • Aug 6, 2019 5:24am Aug 6, 2019 5:24am
It looks like a flag correction on (m15) and the next movement will be up. My target is 107.130 (today high)
  • #81,004
  • Aug 6, 2019 6:26am Aug 6, 2019 6:26am
Quoting john0415
{quote} Force?Are you guys so stupid?
It is the force of the market wanting to buy “safe haven” currencies
Don't Worry Be Happy
  • #81,005
  • Aug 6, 2019 6:27am Aug 6, 2019 6:27am
Quoting pipsKeeper
It looks like a flag correction on (m15) and the next movement will be up. My target is 107.130 (today high)
Looks like it will recover if the sell-off in the markets doesn’t persist and trade tensions are not escalated
Don't Worry Be Happy
  • #81,006
  • Aug 6, 2019 6:33am Aug 6, 2019 6:33am
Quoting MrPresident
{quote} Looks like it will recover if the sell-off in the markets doesn’t persist and trade tensions are not escalated
isn't it more down?
tested previoud S now R
Attached Image (click to enlarge)
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PA Return Today: 4.6%
  • #81,007
  • Aug 6, 2019 7:06am Aug 6, 2019 7:06am
Quoting LeongPuiy
{quote} isn't it more down? tested previoud S now R {image}
Doesn’t look like it at this time
Don't Worry Be Happy
  • #81,008
  • Aug 6, 2019 10:17am Aug 6, 2019 10:17am
Whelp I got stopped out. Bull trapped. Looks like they are playing the confirmation reversal game. Letting candles close above resistance lines as if to confirm upward movement we are waiting on.. Then reversing it. Maybe I shouldn't have wished I got in at 105.6 lol
Don't compare your trades to others. Most often the masses are the asses
  • #81,009
  • Aug 6, 2019 10:33am Aug 6, 2019 10:33am
Quoting MrPresident
{image}
choppy price action but I think there still may be a reversal higher to at least 107.6 from current levels

i'm selling rallies for the medium term and trying to buy dips for the short term
Attached Image (click to enlarge)
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Don't Worry Be Happy
  • #81,010
  • Aug 6, 2019 10:46am Aug 6, 2019 10:46am
Quoting Amir_Forex
{image}
.
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Patterns have an underlying mathematical structure.
  • #81,011
  • Edited 2:15pm Aug 6, 2019 11:02am | Edited 2:15pm
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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MY GRID. Markets are NOT random.
  • #81,012
  • Aug 6, 2019 12:21pm Aug 6, 2019 12:21pm
if USD/JPY is to retrace higher, then probably stocks have to recover
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Don't Worry Be Happy
  • #81,013
  • Aug 6, 2019 3:18pm Aug 6, 2019 3:18pm
Sellers not done yet and more pain incoming.
Move will extend further down and hit 104.80//105.00
before UJ will bottom out.

Nice swing trade pending, but recovery will take a looong time.
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  • #81,014
  • Aug 6, 2019 3:20pm Aug 6, 2019 3:20pm
bottom-line: UJ is a crater, you buy right now, you will loose money. Your call anyway.
  • #81,015
  • Aug 6, 2019 7:03pm Aug 6, 2019 7:03pm
Quoting tonyb123
{image} {image}
What do the lines on your chart represent or identify? Thanks, Mate, Cheers!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #81,016
  • Aug 6, 2019 7:03pm Aug 6, 2019 7:03pm
Quoting john0415
{quote} Force?Are you guys so stupid?
The English word you should have used is inane. Stupid means something different in English. I don't think I have ever seen anyone who is stupid post here.

I mostly see normal people posting. Occasional an arrogant, prideful, and haughty poster shows up. Sometimes someone trying to start a signal service or sell their trading system. But no stupid people.
Ecclesiastes 1:9
  • #81,017
  • Aug 6, 2019 7:03pm Aug 6, 2019 7:03pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #81,018
  • Aug 6, 2019 10:46pm Aug 6, 2019 10:46pm
Quoting asgcorp
bottom-line: UJ is a crater, you buy right now, you will loose money. Your call anyway.
I'll buy now and add more later.. Wish me luck..
  • #81,019
  • Aug 6, 2019 11:46pm Aug 6, 2019 11:46pm
August is usually a down month for USDJPY pair.
Attached Image (click to enlarge)
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I wish you luck if you are trying to buy this pair but history is against you,

It has become an annual tradition for me to short this pair on the 8/1 and hold until last monday in August (16th annual)

Usually pays off handsomely.
Ecclesiastes 1:9
  • #81,020
  • Aug 7, 2019 1:22am Aug 7, 2019 1:22am
Quoting newbegger
August is usually a down month for USDJPY pair. {image} I wish you luck if you are trying to buy this pair but history is against you, It has become an annual tradition for me to short this pair on the 8/1 and hold until last monday in August (16th annual) Usually pays off handsomely.
Cool, thank for the view. I have a lot of equity so I think I'll survive.
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