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USD/JPY Discussion

Starting to see some buy signals, but I'm holding off to see if we get a final push to 114.75.
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"A true speculator tries the market small." - Jesse Livermore
Quoting Jgcole83
Starting to see some buy signals, but I'm holding off to see if we get a final push to 114.75. {image} {image}
It seem will never go up again
15m 200 ema ahead and 1 hr 200 ema also. All at same price 115.45. Not sure will go more up for now
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Short 15m wxy.

Watching 115.2 for support, but not counting on it.
4hr appears to show us in wave 4 going to 5 w support at 114.75
When you feel like you HAVE to trade is when you least should!
SHORT until we are below R
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Long to 115.9
When you feel like you HAVE to trade is when you least should!
It looks short, so short to S
If long, long to R
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I won't open positions the night before a major economic press release .

Unless I'm playing with the houses money and feel really confident.

Usually best to close my trades and wait for the economic news to set the tone .

There usually isn't enough volatility to push price one way or another the night before major news.
"A true speculator tries the market small." - Jesse Livermore
Quoting OBsayMkMoney
Long to 115.9
Wave count off. 4hr looking more like wave 5 of ABC. Waiting
When you feel like you HAVE to trade is when you least should!
Not touching this until eod and 114.50 possibly.
"A true speculator tries the market small." - Jesse Livermore
stocks are doing poorly after the inflation data, I expect JPY to appreciate
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don't believe in mumbo jumbo from gurus
Quoting Jgcole83
Starting to see some buy signals, but I'm holding off to see if we get a final push to 114.75. {image} {image}
Buying here and betting it holds support at 114.50 if it goes lower.
"A true speculator tries the market small." - Jesse Livermore
#USDJPY
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/ H4
Half tempted to be super aggressive here, but waiting to see Asia/Europe sessions.
"A true speculator tries the market small." - Jesse Livermore
Closed my last short near 114.70 Opened long at 114.40

im not crazy confident being really long for whatever reason. Might exit back near 115

rather build and a hold a position 112.50-113.50 area for me to be more confident

got some readings to do
Short at 114.405 SL 114.648 TP 115.162
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I've opened short position at 114.46. My Tp 114.13, Sl 114.66.
Doing some bargain buying.
"A true speculator tries the market small." - Jesse Livermore
Quoting captalTrader
Short at 114.405 SL 114.648 TP 115.162 {image}
Sh*t happens
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I'm thinking about buying now and putting a stop under 113.9, target profit 115+

I still have a feeling that it could go down further though
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don't believe in mumbo jumbo from gurus
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