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USD/JPY Discussion

  • #61
  • Jun 21, 2007 10:19pm Jun 21, 2007 10:19pm
Slight hesitation now at the 92-95 level as mentioned...for 1.382 fib...
If that does break.. have to test the 1.618 Fib at 124.02-05

That's just my 2 cents... and for the short term...
Chances favour the prepared.
  • #62
  • Jun 21, 2007 11:52pm Jun 21, 2007 11:52pm
next possible target could be 125.60-70, dont you think?
  • #63
  • Edited 2:40am Jun 22, 2007 2:40am | Edited 2:40am
Moved trailing stop / TP to 123.75....125.00 looks very feasible
Proper Prior Planning Prevents Piss Poor Performance
  • #64
  • Jun 22, 2007 5:02am Jun 22, 2007 5:02am
rock.
BAM BAM BOOM! -bravado
  • #65
  • Jun 22, 2007 5:09am Jun 22, 2007 5:09am
long 124 :surprised
  • #66
  • Jun 22, 2007 6:52am Jun 22, 2007 6:52am
i like it.
BAM BAM BOOM! -bravado
  • #67
  • Jun 22, 2007 11:06am Jun 22, 2007 11:06am
taking 1/2 of the profits @ 124.05.
BAM BAM BOOM! -bravado
  • #68
  • Jun 22, 2007 12:20pm Jun 22, 2007 12:20pm
long 123.85...

I've already called it a week, but that one was a juicy bottom for next week.
  • #69
  • Jun 22, 2007 12:30pm Jun 22, 2007 12:30pm
I should have waited a couple of secs more...

I'm long at 123.88 for the weekend...
Just too tempted..
Chances favour the prepared.
  • #70
  • Jun 22, 2007 12:57pm Jun 22, 2007 12:57pm
that bottom's starting to look unfriendly
quote of the day: . It's like deja-vu all over again
  • #71
  • Jun 22, 2007 1:10pm Jun 22, 2007 1:10pm
Quoting Gmak
that bottom's starting to look unfriendly
It's a bottom for the braves only...

... or call it "catching a falling knife"
  • #72
  • Jun 22, 2007 1:12pm Jun 22, 2007 1:12pm
Yup.. But I dived in for another long at 123.82 (Avg was around the area I last took profit on an earlier trade)

H4.. Showing at 50% fib retracement
H1.. Showing 1.382 TP zone for the 124.10+ short..

Don't know.. we never know..
Chances favour the prepared.
  • #73
  • Jun 22, 2007 1:12pm Jun 22, 2007 1:12pm
AKA do I not like friday trendline breaks.
quote of the day: . It's like deja-vu all over again
  • #74
  • Jun 22, 2007 1:17pm Jun 22, 2007 1:17pm
Quoting jasonowl

H4.. Showing at 50% fib retracement
I saw that. Also 123.66 is the risk against 124.10+ the reward. It's worth the shot, but the party if for next week only.
  • #75
  • Jun 22, 2007 1:19pm Jun 22, 2007 1:19pm
Could be some profit taking..

Anyway.. gotta catch some Zzzz ...me being in the asian timezone..
Chances favour the prepared.
  • #76
  • Jun 22, 2007 2:52pm Jun 22, 2007 2:52pm
Quoting cesarnc
I saw that. Also 123.66 is the risk against 124.10+ the reward. It's worth the shot, but the party if for next week only.
Next week could see the JPY shoot to 125, or down to 121 depending on US Data
Patience + Humility + Study = Success
  • #77
  • Jun 25, 2007 1:11am Jun 25, 2007 1:11am
Quoting DutchTrader
Next week could see the JPY shoot to 125, or down to 121 depending on US Data
We have a USD news at for some hour later :
Existing Home Sales forcast: 5.96M previous: 5.99M

I think it should go up to 124.10 first ...
What is the masterships idea ?
byebye costly moments.
  • #78
  • Jun 25, 2007 1:27am Jun 25, 2007 1:27am
i find a news

do you know about it?

usdjpy found ample supply of buyers on dips in Asia as shown by the numerous bounces off the 124.75 level
{ Links Removed }
  • #79
  • Jun 25, 2007 1:28am Jun 25, 2007 1:28am
Now I recieave a news from efxow.com

usdjpy found ample supply of buyers on dips in Asia as shown by the numerous bounces off the 124.75 level.

It should go Up .
byebye costly moments.
  • #80
  • Jun 25, 2007 1:30am Jun 25, 2007 1:30am
Quoting wahidshad
i find a news

do you know about it?

usdjpy found ample supply of buyers on dips in Asia as shown by the numerous bounces off the 124.75 level
Yes it should go up .
At first 124.10 ... the candles show we BUY.
byebye costly moments.
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