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USD/JPY Discussion

Quoting COGSx86
{quote} Reports me, offer no concluding evidence and then says I need medication? so should I report you now?? Still waiting for those 10 charts
Reported again.

dude. You’re clearly not ok mentally right now. Just objective observation. I don’t know if you lost a ton of money or Whatver the issue is. Just get off the internet please. Unless you’re gonna be friendly. And constructive.
Quoting RideTheWave
{quote}

It’s also crap analysis.


You pointed to basically bullish usd.


Jgcole is deff one of the better contributors on this site. .
let’s go along with the crap analysis theory from you:


“Every year for the past decade USDJPY corrects a large percentage in the final few days of the year. Most years continues for a nice correction.”

Ok so now it’s your job to show evidence which contradicts this.

I will be waiting……



“US03m pulling above .07”

Bullish moves in US03 has a direct reaction in the Usd. When overnight rates go higher, money finds place for easier return. If us03m is up, usd down. Money leaving the US.

“Market is moving similar to 2017 into 2018, presidents 2nd year.”

The waves of the market

As well as 2018 moving into 2019

the cycle continues

“We should see a large correction with USDJPY,”

that doesn’t sound very bullish

“I Was Bullish”

“the FEDs tapering”

”short term rates spiking”

and Bezos, Elon and many others dumping stock”

definitely not bullish

The markets hesitation will have a hard time maintaining its momentum,

“And we can't forget about the 50 TRILLION THE BOJ will be activating. MORE FREE MONEY.”

Explain differently to me?





And a happy new year
Learn, a forex trader must, unlearn and relearn he will.
Quoting COGSx86
{quote} let’s go along with the crap analysis theory from you: “Every year for the past decade USDJPY corrects a large percentage in the final few days of the year. Most years continues for a nice correction.” Ok so now it’s your job to show evidence which contradicts this. I will be waiting…… “US03m pulling above .07” Bullish moves in US03 has a direct reaction in the Usd. When overnight rates go higher, money finds place for easier return. If us03m is up, usd down. Money leaving the US. “Market is moving similar to 2017 into 2018, presidents 2nd...
keep waiting yoda

if you do not see the issues in your outlook. This is why you’ve lost more money than you could afford and are taking it out on here when you get the slightest bit of disagreement from someone here. I admit I’m adding more fuel myself now, but guys like you should know whether in the real world or not. That the world pushes back if you lash out first. Be careful out there. There’s a lot of stress holiday time and you could mess with the wrong guy in real life if you’re temperament is anything similar to what I’ve see. Seriously it’s not worth it.


im also struggling to know what you’re even talking about.

fed tapering is bullish for usd/JPY.
Japan adding 50 trillion stimulus I’m guessing? So more Yen would be bullish USDJPY

Bezos and Musk can sell anytime they want for tax bills or Whatver. 1000 reasons to sell in the world. Doesn’t mean they think it’s crashing.

short term rates spiking

well if US rates are up and JP are not. I mean it is short term but that can help usdjpy flows. I don’t think it’s too deterministic. I know 5,7,10,20 are better for usdjpy
Quoting RideTheWave
{quote} keep waiting yoda if you do not see the issues in your outlook. This is why you’ve lost more money than you could afford and are taking it out on here when you get the slightest bit of disagreement from someone here. I admit I’m adding more fuel myself now, but guys like you should know whether in the real world or not. That the world pushes back if you lash out first. Be careful out there. There’s a lot of stress holiday time and you could mess with the wrong guy in real life if you’re temperament is anything similar to what I’ve see. Seriously...
Can we see the charts??


what are you guys 10 tens year old? Can’t provide what I asked for? I asked for 10 charts, NOT ON AN IPHONE OR ANDROID Cana you provide that?

And you are the guys quoting me, wtf

Chart patterns care not what others think, evidence stacked pushes direction.


You have ignored me, but just FYI when someone quotes me, a long serving forex trader and misinterprets everything I’m saying, I’m going to quote them to clarify where they have misrepresented my analysis.

Im not going to attack them, I’m not gonna going to slander the person, or make up things in my own mind about someone half way across the continent.

And then you try to analysis me through my posts which are really only technically related. Thinking I’ve lost money, my analysis is wrong and quoting my posts attacking me, thinking I need meds or I have lost money.

Im not sure why? I’m not attacking anyone, using my ego to make it appear I’m better then anyone.

if anything I’m offering an opportunity for members to uses there resources to gain more information technically with evidence from the charts. 10 charts 23-31sr of December.

and yet here you are still claiming higher ground. I have seen your recent longs with UJ. Very nice, coming of the huge sell off for the retrace. You are obviously feeling good.

”don’t get to high with the highs and to low with the lows”


We might see a restart of the high or maybe even another low. Who cares?

I don’t care. Nor do I care enough to quote members who are doing things on the forum “I” don’t like and are against my analysis.

For example Jcegle he’s been wrong ever since he’s been here with his posts. Until he quadrupled up.

He started coming in here last year, right when UJ made it’s turn. He was short, and again when trend continued he was calling shorts.

you both don’t post in here regularly. It’s not a score board.

but why do you think such a large sell off occurred??


I have no reason to saying anything about anyone. Charts speak for themselves.
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Learn, a forex trader must, unlearn and relearn he will.
Large sell-off occurred because of the Omicron scare.

Plane and simple.

Quantitative Easing leads to the depreciation of the value of a currency in the foreign exchange markets.

The effect tapering has, is it leads to rates naturally increasing over time which increases the value of that currency in the foreign exchange market.

So naturally what happens is if the feds tapering and the BOJ is still in QE mode UJ goes up.

There's a triangle consolidation formation on daily charts for dollar futures and a wedge on UJ.

Yen futures broke down last week.

As a trader you have to be adaptable and the market and fundamentals will always dictate whether I'm bullish or bearish.

I've been posting here off and on since before I became a member in 2013.

sometimes I take a break.

I'll post charts when I'm at my desk.

Until then heres what I have.
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"A true speculator tries the market small." - Jesse Livermore
Quoting RideTheWave
{quote} reported dude the hell is your problem. It’s also crap analysis. You pointed to basically bullish usd. And bullish risk. Equities are gonna rip. I’m sure a correction is coming but what we had was a shake out for another move up. Now if that move gets extended. Sure, I’ll be watching out Jgcole is deff one of the better contributors on this site. Never trying to be a guru. Just good insights. you’re on a public forum dude sorry for whatever your issue is. But get out. USDJPY is usually a chill area. We don’t need you here unless you get...

Stick around my friend. I thought the same.
When you feel like you HAVE to trade is when you least should!
Hey guys, I hope everyone had a good weekend and a great Christmas. Happy Trading
https://youtu.be/Scck2qtA7bI
Would be nice if Daily UJ was setting up a Head and Shoulders.
Short EOD
I have been waiting for this level. Looks to me to be wave B off the 5 legs up. SL @ 115.1
When you feel like you HAVE to trade is when you least should!
Quoting OBsayMkMoney
Short EOD I have been waiting for this level. Looks to me to be wave B off the 5 legs up. SL @ 115.1
I'm actually really skeptical about this move up today.

Low volume day for the markets

Markets are making this move on 1/3rd of their 5 day average for volume.

Kinda feels like a bull trap.
"A true speculator tries the market small." - Jesse Livermore
1hr n below say we will be here a bit. 4hr says ready to move down. Could range all day and give the drop to asia. Let's see. If my theory holds 112.8 is my target

Riding the bulls down. A lot of bullish chatter. Smart money shelling out the longs. Another trip to 114.9 should do it.
When you feel like you HAVE to trade is when you least should!
Looking at buys around 114.
"A true speculator tries the market small." - Jesse Livermore
Quoting Jgcole83
{quote} I'm actually really skeptical about this move up today. Low volume day for the markets Markets are making this move on 1/3rd of their 5 day average for volume. Kinda feels like a bull trap.
agreed, there's just a lot of price levels missed by bigger participants.

Should be better later next week. Some PMI's, FOMC minutes and Payrolls
I'd be really, really careful right now.

Seeing divergence in rsi and price on multiple time frames.
"A true speculator tries the market small." - Jesse Livermore
Premarket rule #1
ANY time the market makes a drastic move right before a market is about to open that move will most likely be reversed. Especially if it stops at a previous area of support or resistance. This morning (EST) at 9am suddenly we ripped down. As soon as we settled I bought. Sure enough the market opened.. sat for a bit then reversed the move made pre market.
When you feel like you HAVE to trade is when you least should!
Gotta watch US 10yr yield. Nice bump today. Low volumes sure. But if it keeps melting up, could see large money next week buy the dip in bonds sending USDJPY back down a bit. Just gotta watch. Could get aggressive.
Ridethewave I agree with you. I'm expecting major movement.
https://youtu.be/EdXFP2C-g5E
I'm thinking we'll get a nice pullback off of 115.50.

Not a fan of counter trend trading but if I was gonna go short that's where I'd take my position.

I'm just waiting for a nice buy opportunity at this point.

Overbought on all time frames and divergence in price and rsi is popping up all over the place.

Nasdaq futures keep selling into strength.

Probably gonna be some volatility going into the New Year.
"A true speculator tries the market small." - Jesse Livermore
Quoting OBsayMkMoney
1hr n below say we will be here a bit. 4hr says ready to move down. Could range all day and give the drop to asia. Let's see. If my theory holds 112.8 is my target Riding the bulls down. A lot of bullish chatter. Smart money shelling out the longs. Another trip to 114.9 should do it.
115.1 blown. This is why you move your sl into profit asap.

Holding longs from US premarket reversal.
When you feel like you HAVE to trade is when you least should!
114 EOY?
Out longs at on second test.
When you feel like you HAVE to trade is when you least should!
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