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USD/JPY Discussion

  • #84,741
  • Mar 29, 2022 10:20am Mar 29, 2022 10:20am
Quoting ScalaFX
{quote} I think if price can take 122 that to 118 can be very fast ride, Im hoping for that, green pips to you Men!
commodity prices still remain high and will likely go higher, which will also propel USD/JPY
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #84,742
  • Mar 29, 2022 10:21am Mar 29, 2022 10:21am
Quoting ForexGoose
{quote} commodity prices still remain high and will likely go higher, which will also propel USD/JPY
Thats why Im locked some, risk free now
People don't plan to lose. They lose because they don't plan.
  • #84,743
  • Mar 29, 2022 10:42am Mar 29, 2022 10:42am
It's almost as if they wait for everyone to get onboard the move to THEN change it lol! You can usually tell when things are about to turn by how many folks start talking about it GOING ALL THE WAY. Myself included.. Good News this morning from Jolts. Just need this to run out. I hope we aren't, but I think we may be done up top.
Don't compare your trades to others. Most often the masses are the asses
  • #84,744
  • Mar 29, 2022 11:55am Mar 29, 2022 11:55am
Quoting OBsayMkMoney
It's almost as if they wait for everyone to get onboard the move to THEN change it lol! You can usually tell when things are about to turn by how many folks start talking about it GOING ALL THE WAY. Myself included.. Good News this morning from Jolts. Just need this to run out. I hope we aren't, but I think we may be done up top.
the top will be 130 soon

i doubt that the bullish trend is over due to high commodity prices and rising U.S. interest rates
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #84,745
  • Mar 29, 2022 12:21pm Mar 29, 2022 12:21pm
Quoting ForexGoose
{quote} the top will be 130 soon i doubt that the bullish trend is over due to high commodity prices and rising U.S. interest rates
just think about it, this is too deep drowdown, not worth it, cheers!
Attached Image (click to enlarge)
Click to Enlarge Name: C6E32237-086F-4D76-A8A0-732926B926FE.jpeg Size: 52 KB
People don't plan to lose. They lose because they don't plan.
  • #84,746
  • Mar 29, 2022 12:26pm Mar 29, 2022 12:26pm
Quoting ScalaFX
{quote} just think about it, this is too deep drowdown, not worth it, cheers! {image}
I can always move the stop loss to break even when I’m in profit though
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #84,747
  • Mar 29, 2022 10:18pm Mar 29, 2022 10:18pm
Quoting ScalaFX
{quote} Im very happy from this, I catched the top already safe SL at 124 so locked almost 100 pips, ready to take more
Locking more SL 123
People don't plan to lose. They lose because they don't plan.
  • #84,748
  • Mar 30, 2022 12:34am Mar 30, 2022 12:34am
And more SL 122.50
People don't plan to lose. They lose because they don't plan.
  • #84,749
  • Mar 30, 2022 4:24am Mar 30, 2022 4:24am
Quoting ScalaFX
And more SL 122.50
SL 122.13 we can see further down move at Ny session or trend continue, so better tighter SL to lock the profit, cheers!
People don't plan to lose. They lose because they don't plan.
  • #84,750
  • Mar 30, 2022 5:41am Mar 30, 2022 5:41am
Quoting ScalaFX
{quote} SL 122.13 we can see further down move at Ny session or trend continue, so better tighter SL to lock the profit, cheers!
maybe it will go down to 118 very soon

next week, there could maybe be a rally back to 123+
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #84,751
  • Mar 30, 2022 6:09am Mar 30, 2022 6:09am
Quoting ForexGoose
{quote} maybe it will go down to 118 very soon next week, there could maybe be a rally back to 123+
I dont want nothing else l, 118 is normal correction,after i probable will be buying but we must look for sign to this, trade safe!
People don't plan to lose. They lose because they don't plan.
  • #84,752
  • Mar 30, 2022 6:24am Mar 30, 2022 6:24am
Quoting ScalaFX
{quote} SL 122.13 we can see further down move at Ny session or trend continue, so better tighter SL to lock the profit, cheers!
Closed all, good profit now reloaded but small position till 118 SL 122.50
People don't plan to lose. They lose because they don't plan.
  • #84,753
  • Mar 30, 2022 6:38am Mar 30, 2022 6:38am
Quoting ScalaFX
{quote} Closed all, good profit now reloaded but small position till 118 SL 122.50
SL Be+
People don't plan to lose. They lose because they don't plan.
  • #84,754
  • Mar 30, 2022 7:35am Mar 30, 2022 7:35am
The pair will continue consolidating today with chances of fake breakout of any of direction, from previous experience, im 90% certain price will get back to 122.80 - 123.20 before continuation of the south move.

119.90 is the first target on the continuation move and could be the reversing point
  • #84,755
  • Mar 30, 2022 7:49am Mar 30, 2022 7:49am
Quoting fxmasterdxb
The pair will continue consolidating today with chances of fake breakout of any of direction, from previous experience, im 90% certain price will get back to 122.80 - 123.20 before continuation of the south move. 119.90 is the first target on the continuation move and could be the reversing point
Can you explain why 119.90?
People don't plan to lose. They lose because they don't plan.
  • #84,756
  • Mar 30, 2022 8:00am Mar 30, 2022 8:00am
Quoting ScalaFX
{quote} Can you explain why 119.90?
50% retracement from the last swing low on 4hr chart
  • #84,757
  • Mar 30, 2022 8:09am Mar 30, 2022 8:09am
Quoting fxmasterdxb
{quote} 50% retracement from the last swing low on 4hr chart
Ah Ok, that last last swing, Im looking d1 and w1 this big swing, that 50% will be 113, 38.2 116 so courius what fibo swing PA take first, thanks mate!
People don't plan to lose. They lose because they don't plan.
  • #84,758
  • Mar 30, 2022 8:12am Mar 30, 2022 8:12am
Now h1 and m15 I see bearish flag formed, with 120.5 target, invalidation break of 122.40, lets see
People don't plan to lose. They lose because they don't plan.
  • #84,759
  • Mar 30, 2022 12:52pm Mar 30, 2022 12:52pm
Quoting fxmasterdxb
The pair will continue consolidating today with chances of fake breakout of any of direction, from previous experience, im 90% certain price will get back to 122.80 - 123.20 before continuation of the south move. 119.90 is the first target on the continuation move and could be the reversing point
Im expecting a breakout to the upside in the early asian session tomorrow
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  • #84,760
  • Mar 30, 2022 1:20pm Mar 30, 2022 1:20pm
Quoting fxmasterdxb
{quote} Im expecting a breakout to the upside in the early asian session tomorrow {image}
Im expecting to Flash crash to 120 to the end of week, maybe 122.8 can touch but PA heading South, trade safe!
People don't plan to lose. They lose because they don't plan.
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