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USD/JPY Discussion

  • #85,221
  • May 3, 2022 11:01am May 3, 2022 11:01am
Good Job news for the US, JPY banks closed. I think we retest 130.6 in time for the Asian market to sell it. I find a lot of times when a bank is closed the following day price tends to return almost as if they cried "no fair, we didn't get to..." Let's see.
Don't compare your trades to others. Most often the masses are the asses
  • #85,222
  • May 4, 2022 7:57am May 4, 2022 7:57am
Retest of 130.60 or drop to 129.15. Who will win?
  • #85,223
  • May 4, 2022 8:02am May 4, 2022 8:02am
buy dips after the FED as there is no reason to be bullish JPY, unless there is a nuclear war
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #85,224
  • May 4, 2022 8:57am May 4, 2022 8:57am
Quoting Eagle-Eye
Retest of 130.60 or drop to 129.15. Who will win?
No winners here. Only opinions.
Don't compare your trades to others. Most often the masses are the asses
  • #85,225
  • May 4, 2022 9:09am May 4, 2022 9:09am
Quoting OBsayMkMoney
{quote} No winners here. Only opinions.
If you BUY at 129.70 with TP 130.50 and price goes to 130.60 are you winner or not?
  • #85,226
  • May 4, 2022 9:28am May 4, 2022 9:28am
Quoting Eagle-Eye
{quote} If you BUY at 129.70 with TP 130.50 and price goes to 130.60 are you winner or not?
Poof! another one bites the dust..
Don't compare your trades to others. Most often the masses are the asses
  • #85,227
  • May 4, 2022 10:09am May 4, 2022 10:09am
Quoting ScalaFX
Im starting building shorts net from here 130.60, every 10 pips higher new short, when drop from here will add, will be adding to 132.50 when break manage with longs to 135, targeting 118
Hello all,
still holding all 9xshorts, price consolidate a little but finally price should slippin down and make a some huge dump further, thats my view, lets see!
People don't plan to lose. They lose because they don't plan.
  • #85,228
  • May 4, 2022 1:58pm May 4, 2022 1:58pm
Quoting ScalaFX
{quote} Hello all, still holding all 9xshorts, price consolidate a little but finally price should slippin down and make a some huge dump further, thats my view, lets see!


Oh happy dayyyy!!!
Don't compare your trades to others. Most often the masses are the asses
  • #85,229
  • May 4, 2022 1:59pm May 4, 2022 1:59pm
Quoting OBsayMkMoney
{quote} Oh happy dayyyy!!!
Yes! But is just a begining I think im locking some profit 30% from all, rest I will be holding much more
People don't plan to lose. They lose because they don't plan.
  • #85,230
  • May 4, 2022 2:01pm May 4, 2022 2:01pm
congrats to the bears

don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #85,231
  • Edited 3:08pm May 4, 2022 2:23pm | Edited 3:08pm
Quoting ScalaFX
{quote} Yes! But is just a begining I think im locking some profit 30% from all, rest I will be holding much more
Nothing much has changed on the 4hr. I think they just moved price into the pocket they wanted it in for the move up. When the FOMC first announced the hike price shot north. Also... we seem to have some support. If the FOMC pattern I mentioned earlier holds we have two more bearish days and then some consolidation before we continue upwards... IMO that is.

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Don't compare your trades to others. Most often the masses are the asses
  • #85,232
  • May 5, 2022 7:19am May 5, 2022 7:19am
Quoting CandleFly
130.35 130.75 130.91 on my radar for next week to start.Have a good weekend. if we get to 130.06 before close today,I'll be suprised..
one down...
  • #85,233
  • May 5, 2022 9:03am May 5, 2022 9:03am
What a nice run! I bought when it crossed back over 129 after that run down off the FOMC. Just didn't seem right. Thinking this is just a buy the dip scenario until the BOJ changes it's tune long term?

Out for now.
  • #85,234
  • May 5, 2022 9:04am May 5, 2022 9:04am
Quoting CandleFly
{quote} one down...
Good call!
  • #85,235
  • May 5, 2022 9:15am May 5, 2022 9:15am
I had two buys that hit as well... Wonder what is going to happen next?
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My Future is so Bright I gotta wear Shades! https://www.youtube.com/watch?v
  • #85,236
  • May 5, 2022 11:21am May 5, 2022 11:21am
4HR shows we may be heading back to possibly blow out the highs. On the previous lover highs when it was blown we continued north. We just did so...
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Don't compare your trades to others. Most often the masses are the asses
  • #85,237
  • May 5, 2022 12:08pm May 5, 2022 12:08pm
Possible resistance..
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Don't compare your trades to others. Most often the masses are the asses
  • #85,238
  • May 5, 2022 3:48pm May 5, 2022 3:48pm
I see a good possibility of testing the high tomorrow, i have sell limits starting from 130.80
  • #85,239
  • May 5, 2022 5:09pm May 5, 2022 5:09pm
Quoting fxmasterdxb
I see a good possibility of testing the high tomorrow, i have sell limits starting from 130.80
if the market is going to test the highs, then why are you placing sell limit orders? do you want to be wiped out? the stock market heavily sold-off already because of inflation, which supports the U.S. dollar.

the stock market doesn't care what the FED says either since the rally was sold and USD/JPY is going to 135+.
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #85,240
  • May 5, 2022 5:42pm May 5, 2022 5:42pm
Quoting ForexGoose
{quote} if the market is going to test the highs, then why are you placing sell limit orders? do you want to be wiped out? the stock market heavily sold-off already because of inflation, which supports the U.S. dollar. the stock market doesn't care what the FED says either since the rally was sold and USD/JPY is going to 135+.
I want to be wiped out? Seems like u r the one with poor money management and thinking anyone on the wrong side will be “wiped out”
anyway, i said earlier and im saying it again 131.25 is the mid term high (for few months at least)
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