Attachments: USD/JPY Discussion

USD/JPY Discussion

#87,601
Edited 7:55am Dec 18, 2023 7:38am | Edited 7:55am

rearchoke
| Joined Dec 2023 | Status: Trader | 1 Post

I think USD/JPY 142.8$ -> ~137 this week.
However, "right" words have to be chosen in the upcoming BoJ meeting

#87,602
Dec 18, 2023 9:35am Dec 18, 2023 9:35am

Ayax.TSS
Joined Apr 2019 | Status: Trader | 3,132 Posts

#USDJPY / H4

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#87,603
Dec 18, 2023 6:46pm Dec 18, 2023 6:46pm

FreeGary
| Joined Sep 2023 | Status: Trader | 168 Posts

What will happen if BOJ has no change in rates? Will UJ still volatile?

#87,604
Dec 18, 2023 10:52pm Dec 18, 2023 10:52pm

BlackLotus
Joined Jul 2023 | Status: Trader | 175 Posts

Quoting FreeGary

Disliked

What will happen if BOJ has no change in rates? Will UJ still volatile?

Ignored

Back to 145 tomorrow. Bought more at 143.207. 2 positions running from 141.500. TP =145.100 SL 142.400

#87,605
Dec 19, 2023 12:33am Dec 19, 2023 12:33am

FreeGary
| Joined Sep 2023 | Status: Trader | 168 Posts

wasted. i got freaked out n closed. though both are small size

#87,606
Dec 19, 2023 12:39am Dec 19, 2023 12:39am

FreeGary
| Joined Sep 2023 | Status: Trader | 168 Posts

Quoting BlackLotus

Disliked

{quote} Back to 145 tomorrow. Bought more at 143.207. 2 positions running from 141.500. TP =145.100 SL 142.400

Ignored

wow u so lucky it kissed above ur sl. still in it right?

#87,607
Dec 19, 2023 1:23am Dec 19, 2023 1:23am

forexguy516
| Joined May 2019 | Status: Trader | 56 Posts

This is a screaming sell here. This thing going to plummet.

#87,608
Dec 19, 2023 7:57am Dec 19, 2023 7:57am

ty235685
| Joined Dec 2022 | Status: Trader | 92 Posts

In Japan, where the government is on the verge of collapse due to monetary easing and the issue of kickbacks from political slush funds, this will likely accelerate the depreciation of the yen.

https://newsdig.tbs.co.jp/articles/cbc/901633?display=1

#87,609
Dec 19, 2023 8:14am Dec 19, 2023 8:14am

BlackLotus
Joined Jul 2023 | Status: Trader | 175 Posts

Quoting FreeGary

Disliked

{quote}wow u so lucky it kissed above ur sl. still in it right?

Ignored

Yes, still in.

#87,610
Dec 19, 2023 8:39am Dec 19, 2023 8:39am

FreeGary
| Joined Sep 2023 | Status: Trader | 168 Posts

Quoting BlackLotus

Disliked

{quote} Yes, still in.

Ignored

just now it almost hit ur tp. nice. sad im not in it.

#87,611
Dec 19, 2023 1:53pm Dec 19, 2023 1:53pm

GUTrader2002
| Joined May 2022 | Status: Trader | 12 Posts

Quoting BlackLotus

Disliked

{quote} Yes, still in.

Ignored

do you think usdjpy will continue to rally tomorrow as the data was super dovish for Yen. Yen has further to depreciate?

#87,612
Dec 19, 2023 7:23pm Dec 19, 2023 7:23pm

FreeGary
| Joined Sep 2023 | Status: Trader | 168 Posts

Quoting GUTrader2002

Disliked

{quote} do you think usdjpy will continue to rally tomorrow as the data was super dovish for Yen. Yen has further to depreciate?

Ignored

i FOMO and entered. now in deep red. lol

#87,613
Dec 20, 2023 5:53am Dec 20, 2023 5:53am

JourneyLife
| Joined Nov 2023 | Status: Trader | 156 Posts

Quoting FreeGary

Disliked

{quote} does this mean UJ will continue to go down?

Ignored

Well, think about it for a moment. If the BoJ starts to raise rates that will strengthen the Japanese yen. Japan will be the only country among the G7 rating rates.

This is one investment in a bucket of thousands!

#87,614
Dec 20, 2023 7:00am Dec 20, 2023 7:00am

Godspromise
Joined Jul 2023 | Status: Aspiring trader | 1,132 Posts

Quoting JourneyLife

Disliked

{quote} Well, think about it for a moment. If the BoJ starts to raise rates that will strengthen the Japanese yen. Japan will be the only country among the G7 rating rates.

Ignored

true simple economic principle too much emphasis placed on US economy which is trying to stabilize itself the dxy index is bearish and still dropping so it is more sensible to sell usdjpy also based on my technicl analysis it has to come down to 138 before going to 150 and beyond

#87,615
Dec 20, 2023 12:37pm Dec 20, 2023 12:37pm

BlackLotus
Joined Jul 2023 | Status: Trader | 175 Posts

Quoting GUTrader2002

Disliked

{quote} do you think usdjpy will continue to rally tomorrow as the data was super dovish for Yen. Yen has further to depreciate?

Ignored

Yes. This is my plan until the next JPY rate decision. I'm "only" buying every dip and collecting swaps. I've been doing this all year and I've made some money.

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