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USD/JPY Discussion

  • #85,781
  • Aug 18, 2022 2:58pm Aug 18, 2022 2:58pm
Quoting COGSx86
{quote} Then in 2018 a gradual wave pattern over 2-3 weeks within 1200-2400 range. And it did this until Jan 20th 6-8 times. Now moving into September the Usd always gets stronger and it’s getting stronger already. We could see 147, 174 etc all with crazy moves. juat speculation but this market is getting financially tighter as more money moves in leverage, overnight prices go up, prices go crazy on leverage calls. It’s already started. Last week some...
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Learn, a forex trader must, unlearn and relearn he will.
  • #85,782
  • Aug 18, 2022 8:29pm Aug 18, 2022 8:29pm
135.5 looks like it is the nearest strong support level now that 136 was exceeded

137.2 is the next possible target for bulls
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #85,783
  • Aug 18, 2022 8:57pm Aug 18, 2022 8:57pm
Quoting ForexGoose
135.5 looks like it is the nearest strong support level now that 136 was exceeded 137.2 is the next possible target for bulls

I think next TP 138.5 then come back 137.4
  • #85,784
  • Aug 18, 2022 10:49pm Aug 18, 2022 10:49pm
Quoting jag1969
{quote} According to my trading plan it won't do it yet. News from USA are going to send the yen down. I may be wrong but i'll trade short the yen this day.
Now we are definitely going to 140...
  • #85,785
  • Aug 18, 2022 10:51pm Aug 18, 2022 10:51pm
Quoting RichClaws
{quote} Now we are definitely going to 140...
Definitely?

will see.

below 135 before 137.

but nothing is definitely.
  • #85,786
  • Aug 18, 2022 11:15pm Aug 18, 2022 11:15pm
Quoting RichClaws
{quote} Now we are definitely going to 140...
Can you explain your idea
  • #85,787
  • Aug 19, 2022 2:04am Aug 19, 2022 2:04am
Quoting Whale
{quote} Definitely? will see. below 135 before 137. but nothing is definitely.
We'll *
Don't compare your trades to others. Most often the masses are the asses
  • #85,788
  • Aug 19, 2022 2:17am Aug 19, 2022 2:17am
Quoting OBsayMkMoney
{quote} We'll *
Thank you OB
  • #85,789
  • Aug 19, 2022 2:31am Aug 19, 2022 2:31am
Quoting whale
{quote} Спасибо, ob
If we broke through 135.5, the road is open to 138.3
There will be no retest of 135
135.5 is strong support
  • #85,790
  • Aug 19, 2022 4:16am Aug 19, 2022 4:16am
TP DONE
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  • #85,791
  • Aug 19, 2022 5:42am Aug 19, 2022 5:42am
Quoting mosya
{quote} If we broke through 135.5, the road is open to 138.3 There will be no retest of 135 135.5 is strong support
Cannot argue with pa.. very disappointing.
  • #85,792
  • Aug 19, 2022 5:48am Aug 19, 2022 5:48am
I’m consider a trip to Japan to give BoJ slap, who’s interested to join me?
  • #85,793
  • Aug 19, 2022 5:53am Aug 19, 2022 5:53am
Quoting Whale
I’m consider a trip to Japan to give BoJ slap, who’s interested to join me?
No, I’m buying up to 138.5 and then retesting from 137.5 to 140 if everything is fine
  • #85,794
  • Aug 19, 2022 6:46am Aug 19, 2022 6:46am
Quoting ForexGoose
135.5 looks like it is the nearest strong support level now that 136 was exceeded 137.2 is the next possible target for bulls
after it reaches 137.2, bulls can target 140
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #85,795
  • Aug 21, 2022 3:24pm Aug 21, 2022 3:24pm
USDJPY price action on the daily time is operating in a bullish structure. There was a 78.6 Fib retracement of the 126.680/139.280 bullish swing on August 2. Presently, price action is navigating the 136.890 minor horizontal resistance, but we would soon see further bullish directional move.

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
  • #85,796
  • Aug 21, 2022 4:57pm Aug 21, 2022 4:57pm
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Trendlines H1,H4, SMC
  • #85,797
  • Aug 22, 2022 7:51pm Aug 22, 2022 7:51pm
Just a little trade idea (from inside Japan). We are still closed to independent tourist and have been for years now. Only people tourists on guided tours, family and business people can come, but it is still very strict. The borders may open up to people in the next couple of months (from what we have heard), but no guarantees.

The international tourist demand is now bubbling over, people really want to get into Japan for what ever reasons. When Japan opens, the demand for Yen from overseas banks to meet demand may be so humongous!

Just something I am fundamentally watching, an announcement of Japan opening to foreigners and the affect it will have. It really could be the tipping point. Just a trade idea
Emotional Control. Process, not outcome.
  • #85,798
  • Aug 22, 2022 8:12pm Aug 22, 2022 8:12pm
Quoting Konichiwhaat
Just a little trade idea (from inside Japan). We are still closed to independent tourist and have been for years now. Only people tourists on guided tours, family and business people can come, but it is still very strict. The borders may open up to people in the next couple of months (from what we have heard), but no guarantees. The international tourist demand is now bubbling over, people really want to get into Japan for what ever reasons. When Japan opens, the demand for Yen from overseas banks to meet demand may be so humongous! Just something...
by when you think they will open up
The only prayer you need is Thankyou
  • #85,799
  • Aug 23, 2022 1:13am Aug 23, 2022 1:13am
I've began to trade short the yen. My first target 136.70. We'll see.
  • #85,800
  • Aug 23, 2022 7:37am Aug 23, 2022 7:37am
Quoting ForexGoose
{quote} after it reaches 137.2, bulls can target 140 {image}
It is still strong today and it can reach 140 or exceed easily. Bears need to be careful.
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
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