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USD/JPY Discussion

  • #81,301
  • Sep 3, 2019 3:37am Sep 3, 2019 3:37am
Quoting pridolfx
Why the fuck usd/jpy wont go up,if eur faliing against usd all the time,hmmmmmmmm
Those are the traps we often fall into.
Meditate -> Workout -> Good Food = Good Life!
  • #81,302
  • Sep 3, 2019 4:59am Sep 3, 2019 4:59am
Quoting YellowFellow
{quote} Those are the traps we often fall into.
what traps do you mean?
  • #81,303
  • Sep 3, 2019 5:27am Sep 3, 2019 5:27am
Quoting pridolfx
{quote} what traps do you mean?
> Why the fuck usd/jpy wont go up,if eur faliing against usd all the time,hmmmmmmmm

IF EU/US is falling, that does not imply Cable will fall too and likes..
Meditate -> Workout -> Good Food = Good Life!
  • #81,304
  • Sep 3, 2019 5:38am Sep 3, 2019 5:38am
Quoting YellowFellow
{quote} > Why the fuck usd/jpy wont go up,if eur faliing against usd all the time,hmmmmmmmm IF EU/US is falling, that does not imply Cable will fall too and likes..
this year yes..but before that was rule..anyway everything on fx is trap and speculation
  • #81,305
  • Sep 3, 2019 5:44am Sep 3, 2019 5:44am
Quoting pridolfx
{quote} this year yes..but before that was rule..anyway everything on fx is trap and speculation
No offence, but, if it worked like that, everyone would be a millionaire..

PS: Fundamentally, you maybe right, but, its not that simple to trade just like that.
Meditate -> Workout -> Good Food = Good Life!
  • #81,306
  • Sep 3, 2019 9:01am Sep 3, 2019 9:01am
wow, big bar
  • #81,307
  • Sep 3, 2019 9:10am Sep 3, 2019 9:10am
Quoting Amir_Forex
{image}

Attached Image (click to enlarge)
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Patterns have an underlying mathematical structure.
  • #81,308
  • Sep 3, 2019 9:11am Sep 3, 2019 9:11am
Quoting pridolfx
Why the fuck usd/jpy wont go up,if eur faliing against usd all the time,hmmmmmmmm
need to be patient, it will come down eventually
Don't Worry Be Happy
  • #81,309
  • Sep 3, 2019 9:12am Sep 3, 2019 9:12am
ISM Manufacturing PMI below 50, indicates contraction and a possible recession in the future as manufacturing is an indicator of growth
Don't Worry Be Happy
  • #81,310
  • Sep 3, 2019 9:21am Sep 3, 2019 9:21am
Quoting YellowFellow
{quote} > Why the fuck usd/jpy wont go up,if eur faliing against usd all the time,hmmmmmmmm IF EU/US is falling, that does not imply Cable will fall too and likes..
Because its not dollar strength pulling down the eur/usd and gbp/usd its the base currency that is weakening
TE started 6/4/19
  • #81,311
  • Sep 3, 2019 10:43am Sep 3, 2019 10:43am
Fears of recession. Strong Jpy hurting exports too
  • #81,312
  • Sep 3, 2019 12:48pm Sep 3, 2019 12:48pm
Quoting YellowFellow
I believe US/Jp is going down.. IF it stays below SMA-13 during NY session, I'd be more sure about my view. {image}
Took profit a while back, I'll call it a day..
Meditate -> Workout -> Good Food = Good Life!
  • #81,313
  • Sep 3, 2019 4:57pm Sep 3, 2019 4:57pm
let's see if we can get a bounce up to the 106.25-35 area for a short.
  • #81,314
  • Sep 3, 2019 5:16pm Sep 3, 2019 5:16pm
YEn still at bearish..
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  • #81,315
  • Sep 3, 2019 5:33pm Sep 3, 2019 5:33pm
Quoting petehnm
bounce up to the 106.25-35 area for a short.
too high methinks
if it goes to 106.25-35 it will go higher
i am short, watching 105.50/65 for a bounce, might be shortlived, then 105.30ish, then around 105.
Bounce or not will depend on momentary situation we can't esteem right now.
Having said that, some definitely positive sh*t about china might come anytime and shoot us back below 109 midterm
MarginTrader All Time Return: na
  • #81,316
  • Sep 3, 2019 6:11pm Sep 3, 2019 6:11pm
I don't want it above 106. I hope it will range for the next 90 min then break down. Both my SL as well as my TP were nearly hit whilst I was sleeping.
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  • #81,317
  • Sep 3, 2019 7:18pm Sep 3, 2019 7:18pm
Just TP 105.878. Good 40pip profit. I think it's going to bounce. Sideline for now.
  • #81,318
  • Sep 3, 2019 9:27pm Sep 3, 2019 9:27pm
Quoting hayseed
however, i have a few petite longs in a few accounts.....no real money at risk......h
//-----

my once petite longs have grown considerably........ along with risk.....h
to trade and code, keep both simple... no call to impress....h
  • #81,319
  • Sep 4, 2019 12:55am Sep 4, 2019 12:55am
In USDJPY pair, price is ranging. It won't be wise to trade right now, wait until price cross 106.99 level then open a long order or If price cross 105.38 level then open a short order

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  • #81,320
  • Sep 5, 2019 9:04am Sep 5, 2019 9:04am
Quoting hayseed
{quote} //----- my once petite longs have grown considerably........ along with risk.....h
//------

letting them go at now 107.....h
to trade and code, keep both simple... no call to impress....h
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