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USD/JPY Discussion

  • #84,761
  • Mar 30, 2022 3:23pm Mar 30, 2022 3:23pm
Quoting ScalaFX
{quote} Im expecting to Flash crash to 120 to the end of week, maybe 122.8 can touch but PA heading South, trade safe!
In the world of forex anything is possible!
I see the crash coming but price needs to breath a little before another 200-300 pips crash
  • #84,762
  • Mar 31, 2022 12:03am Mar 31, 2022 12:03am
Last position closed by BE SL, reloaded few shorts @122.25, SL will be 123 TP 118, a see large SHS formation H1 H4 so can be a good profit from this, waiting for corfirmation, cheers!
People don't plan to lose. They lose because they don't plan.
  • #84,763
  • Mar 31, 2022 12:30am Mar 31, 2022 12:30am
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
Everything is going as per the plan and as predicted yesterday, price did break the consolidation to the up side, the move to 123 will happen today probably and tomorrow could be the crash day to the downside
  • #84,764
  • Mar 31, 2022 1:21am Mar 31, 2022 1:21am
Quoting ScalaFX
Last position closed by BE SL, reloaded few shorts @122.25, SL will be 123 TP 118, a see large SHS formation H1 H4 so can be a good profit from this, waiting for corfirmation, cheers!
SL be+ for all positions
People don't plan to lose. They lose because they don't plan.
  • #84,765
  • Mar 31, 2022 1:50am Mar 31, 2022 1:50am
Quoting ScalaFX
{quote} SL be+ for all positions
SL 122.00 locking some waiting for this ride babe
People don't plan to lose. They lose because they don't plan.
  • #84,766
  • Mar 31, 2022 2:04am Mar 31, 2022 2:04am
Quoting ScalaFX
{quote} SL 122.00 locking some waiting for this ride babe
Neckline testing, lokcking more @121.85
People don't plan to lose. They lose because they don't plan.
  • #84,767
  • Mar 31, 2022 2:10am Mar 31, 2022 2:10am
Quoting ScalaFX
{quote} Neckline testing, lokcking more @121.85
Broken I think light pullback and we are going sharply down, I maybe wrong, lets see
People don't plan to lose. They lose because they don't plan.
  • #84,768
  • Mar 31, 2022 3:13am Mar 31, 2022 3:13am
Sooner or later this neckline will be broken. It is almost impossible not to be broke.
Otherwise, I don't believe in pattern.
  • #84,769
  • Mar 31, 2022 3:13am Mar 31, 2022 3:13am
Quoting ScalaFX
{quote} Neckline testing, lokcking more @121.85
SL hit, 45 pipa profit nice reloaded 121.80 SL 122.50 same TP 118
People don't plan to lose. They lose because they don't plan.
  • #84,770
  • Mar 31, 2022 4:21am Mar 31, 2022 4:21am
Quoting fxmasterdxb
{quote} Everything is going as per the plan and as predicted yesterday, price did break the consolidation to the up side, the move to 123 will happen today probably and tomorrow could be the crash day to the downside
Fake breakout on the down side, now the path is clear for 123
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  • #84,771
  • Mar 31, 2022 4:42am Mar 31, 2022 4:42am
Quoting fxmasterdxb
{quote} Fake breakout on the down side, now the path is clear for 123 {image}
I hope not
People don't plan to lose. They lose because they don't plan.
  • #84,772
  • Mar 31, 2022 5:34am Mar 31, 2022 5:34am
Quoting ScalaFX
{quote} I hope not
I think this 4 hr candle close will give a clue
  • #84,773
  • Mar 31, 2022 6:00am Mar 31, 2022 6:00am
Quoting bigiivan
Sooner or later this neckline will be broken. It is almost impossible not to be broke. Otherwise, I don't believe in pattern.
if there were patterns to follow, then everyone would be very rich
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #84,774
  • Mar 31, 2022 6:12am Mar 31, 2022 6:12am
Quoting ForexGoose
{quote} if there were patterns to follow, then everyone would be very rich
Im Rich men! I have my lovely family and some health
People don't plan to lose. They lose because they don't plan.
  • #84,775
  • Mar 31, 2022 7:38am Mar 31, 2022 7:38am
I'm waiting for a bigger dip to buy on the daily chart.

Stop loss will be placed under 118.3.
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #84,776
  • Mar 31, 2022 7:41am Mar 31, 2022 7:41am
Quoting ForexGoose
I'm waiting for a bigger dip to buy on the daily chart. Stop loss will be placed under 118.3. {image}
If it goes to your SL I will be rich.
  • #84,777
  • Mar 31, 2022 8:30am Mar 31, 2022 8:30am
Ok, third try to break neckline. It has to be successful.
  • #84,778
  • Mar 31, 2022 10:01am Mar 31, 2022 10:01am
Head and shoulders pattern on the 4 hour chart.

Still waiting on 120 might buy at 120.60.
"A true speculator tries the market small." - Jesse Livermore
  • #84,779
  • Mar 31, 2022 11:21am Mar 31, 2022 11:21am
I feel that EUR/JPY might have more bearish price action soon than USD/JPY. The EU is more exposed to an energy shock than the U.S. is, which will influence economic growth.
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #84,780
  • Mar 31, 2022 11:44pm Mar 31, 2022 11:44pm
Just... waiting..
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Don't compare your trades to others. Most often the masses are the asses
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