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USD/JPY Discussion

  • #83,621
  • Feb 16, 2021 2:37pm Feb 16, 2021 2:37pm
Is usdjpy over bought ..
It feels like it so will it retrace? I hope so.
  • #83,622
  • Feb 16, 2021 3:43pm Feb 16, 2021 3:43pm
Quoting Pipfu
Watching this area for a long.... {image}
Never quite got back down to there, maybe next time.
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  • #83,623
  • Feb 16, 2021 8:44pm Feb 16, 2021 8:44pm
Good calls on the 106 those who sent that in! That Powell push is a monster this go round!
Don't compare your trades to others. Most often the masses are the asses
  • #83,624
  • Feb 17, 2021 1:26am Feb 17, 2021 1:26am
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  • #83,625
  • Feb 17, 2021 8:02am Feb 17, 2021 8:02am
big short at price 106 tp 103
  • #83,626
  • Feb 18, 2021 3:20am Feb 18, 2021 3:20am
Quoting Zircon
{quote} Beautiful chart. I think another push down near 105.400 is likely for weekly continuation . maybe?
105.000 ? maybe
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #83,627
  • Feb 19, 2021 3:18am Feb 19, 2021 3:18am
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  • #83,628
  • Feb 21, 2021 8:28am Feb 21, 2021 8:28am
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  • #83,629
  • Feb 22, 2021 10:13am Feb 22, 2021 10:13am
Powell has spoken at each dip, and who speaks tomorrow? How long can he prop up the dollar?

Price can retouch 104.6, Then Powell over comes the markets resistance?
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Learn, a forex trader must, unlearn and relearn he will.
  • #83,630
  • Feb 22, 2021 1:08pm Feb 22, 2021 1:08pm
Quoting Beyfor
Maintain the same outlook {image}{image}
UPDATE
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  • #83,631
  • Feb 23, 2021 11:44am Feb 23, 2021 11:44am
Quoting COGSx86
Powell has spoken at each dip, and who speaks tomorrow? How long can he prop up the dollar? Price can retouch 104.6, Then Powell over comes the markets resistance? {image} {image}

Nothing too crazy from Powell.. Andiamo!!
Don't compare your trades to others. Most often the masses are the asses
  • #83,632
  • Feb 24, 2021 4:47am Feb 24, 2021 4:47am
More Powell today, possible repeat of yesterday..
Don't compare your trades to others. Most often the masses are the asses
  • #83,633
  • Feb 24, 2021 5:24am Feb 24, 2021 5:24am
Quoting OBsayMkMoney
{quote} Nothing too crazy from Powell.. Andiamo!!


Trend looks good it does mmmHHMMmmm
Learn, a forex trader must, unlearn and relearn he will.
  • #83,634
  • Feb 26, 2021 7:51am Feb 26, 2021 7:51am
Looking for entry signal Short, area 106.50/107.00 target 104.00
  • #83,635
  • Feb 26, 2021 8:33am Feb 26, 2021 8:33am
Do you guys think my TP is in the right place?
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  • #83,636
  • Feb 28, 2021 11:04am Feb 28, 2021 11:04am
Quoting markofrose
Do you guys think my TP is in the right place? {image}

Fibo projections paint a very nice picture to 107.662, and look who speaks this week.
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Learn, a forex trader must, unlearn and relearn he will.
  • #83,637
  • Edited Mar 1, 2021 10:14am Feb 28, 2021 2:38pm | Edited Mar 1, 2021 10:14am
Quoting COGSx86
{quote} Fibo projections paint a very nice picture to 107.662, and look who speaks this week. {image} {image}
We opened with a gap down followed by a nice dive and recover. Powell on Thursday leaves us a couple of days for a 105.3 touch possibly for short term folk.

Whelp... NO.. lol
Don't compare your trades to others. Most often the masses are the asses
  • #83,638
  • Feb 28, 2021 4:47pm Feb 28, 2021 4:47pm
107 Sell if you don't arrive
  • #83,639
  • Mar 1, 2021 1:31am Mar 1, 2021 1:31am
106.8
sell
  • #83,640
  • Mar 1, 2021 1:50am Mar 1, 2021 1:50am
Pivot point: 106.35

High probability scenario: Bullish above 106.35, target 106.70/107

Low probability scenario: Break below 106.35 is bearish, target at 106.20-106

Technical summary: the RSI index is above the 50% neutral region
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