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USD/JPY Discussion

  • #84,781
  • Apr 1, 2022 12:24am Apr 1, 2022 12:24am
Quoting OBsayMkMoney
Just... waiting.. \{image}
I think this level not be touch in short term, Im selling further to minimum 120 or 119 and then we can catching bottom to the new hights but I could be wrong, trade safe!
People don't plan to lose. They lose because they don't plan.
  • #84,782
  • Apr 1, 2022 4:08am Apr 1, 2022 4:08am
Looks like 38.2% of 4H is a meaning resistance
  • #84,783
  • Apr 1, 2022 6:19am Apr 1, 2022 6:19am
Quoting ScalaFX
{quote} I think this level not be touch in short term, Im selling further to minimum 120 or 119 and then we can catching bottom to the new hights but I could be wrong, trade safe!
it still looks bullish above 121 and I don’t think it will fall much from current levels
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #84,784
  • Apr 1, 2022 6:40am Apr 1, 2022 6:40am
Yeah Bullish it is for now

Usdjpy

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Probably It will rise further
Only Top Trading
  • #84,785
  • Edited 8:24am Apr 1, 2022 8:02am | Edited 8:24am
Im risking sell 122.80 added 123 more 123.20 and .40
People don't plan to lose. They lose because they don't plan.
  • #84,786
  • Apr 1, 2022 8:25am Apr 1, 2022 8:25am
Quoting OBsayMkMoney
Just... waiting.. \{image}
Bravo almost here
People don't plan to lose. They lose because they don't plan.
  • #84,787
  • Apr 1, 2022 8:33am Apr 1, 2022 8:33am
Quoting ScalaFX
Im risking sell 122.80 added 123 more 123.20 and .40
you are trying to stop a bull train?
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #84,788
  • Apr 1, 2022 12:12pm Apr 1, 2022 12:12pm
Quoting ForexGoose
{quote} you are trying to stop a bull train?
I saw some bulls got off at the last train station.
  • #84,789
  • Apr 1, 2022 12:58pm Apr 1, 2022 12:58pm
Quoting ForexGoose
{quote} you are trying to stop a bull train?
This is not bull train buddy, just simple correction abc b wave is over time to c wave at minimum 120 or 118 target, maybe long c wave with 116 but you are only fundamental trader so you are not seeing this, I could be wrong too, Trade safe!
People don't plan to lose. They lose because they don't plan.
  • #84,790
  • Apr 1, 2022 1:02pm Apr 1, 2022 1:02pm
Quoting ScalaFX
Im risking sell 122.80 added 123 more 123.20 and .40
122.80 and 123 activeated, added some more at 122.90 all positions at BE, we can go even higher to 123.50 .60 but at this moment I see after this rejection only down to 120 or 118, Trade safe!
People don't plan to lose. They lose because they don't plan.
  • #84,791
  • Apr 3, 2022 2:37pm Apr 3, 2022 2:37pm
USDJPY price action on the daily time frame turned sideways after making 38.2 Fib retracement of the bullish 114.80/125.10 swing. Should bulls regain market control, we may see further northward market engineering in the early part of this week. The 124.00/126.00 area (purple) is a multi-year horizontal resistance.

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
  • #84,792
  • Apr 3, 2022 5:26pm Apr 3, 2022 5:26pm
still looks bullish, along with the other xxx/jpy pairs, except maybe eur/jpy

a dip towards 121.xxx might be possible, where I put some buy limit orders at
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #84,793
  • Apr 4, 2022 9:56am Apr 4, 2022 9:56am
Untouched daily 20 ema for this month, let's see!
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  • #84,794
  • Apr 4, 2022 10:45am Apr 4, 2022 10:45am
Quoting bigiivan
{quote} I saw some bulls got off at the last train station.
Looking for profitable short term trades ...|
  • #84,795
  • Apr 4, 2022 11:48am Apr 4, 2022 11:48am
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #84,796
  • Apr 4, 2022 1:13pm Apr 4, 2022 1:13pm
Quoting ForexGoose
{image}
Don't you think it is too far from MA?
  • #84,797
  • Apr 5, 2022 3:22am Apr 5, 2022 3:22am
123.15 - 123.50 is a great zone to sell, ill start building up my shorts once we get there

PS price could overshoot to 123.90, so decent SL is important
  • #84,798
  • Apr 5, 2022 4:06am Apr 5, 2022 4:06am
Yeah, time to start selling for me
  • #84,799
  • Apr 5, 2022 4:29am Apr 5, 2022 4:29am
Quoting ScalaFX
Im risking sell 122.80 added 123 more 123.20 and .40
Still holding and added some, waiting to decent drop
People don't plan to lose. They lose because they don't plan.
  • #84,800
  • Apr 5, 2022 4:45am Apr 5, 2022 4:45am
Quoting ScalaFX
{quote} Still holding and added some, waiting to decent drop
Great sell zones, be cautious of SL hunt (price overshooting)
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