Attachments: USD/JPY Discussion

USD/JPY Discussion

#88,601
Edited 3:17pm Dec 3, 2024 7:05am | Edited 3:17pm

Doc'
| Joined Dec 2009 | Status: Trader | 312 Posts

It's for sure better to wait for a clear signal which I frankly don't have...

My position engages only me and my account.

I would like it could close above 150 before end of € session.

A "wait and see" should be prioritized.

EDIT 1 : Confident. Full position built. Let's

EDIT 2 : Short term bottom is also drawn

#88,602
Edited 5:21am Dec 4, 2024 2:56am | Edited 5:21am

Doc'
| Joined Dec 2009 | Status: Trader | 312 Posts

Took some out of the table @150.5

Target open for the rest of the long position

EDIT : Closed total of the position @151

#88,603
Dec 4, 2024 6:24am Dec 4, 2024 6:24am

stormtrader
Joined Nov 2008 | Status: Trader | 671 Posts

Quoting Olu

Disliked

{quote} Be nice Konichiwhaat

Ignored

I did answetr to you 2 posts after you asked me and my answer was a monthly chart. i admit i went in way too soon.

#88,604
Dec 4, 2024 6:27am Dec 4, 2024 6:27am

stormtrader
Joined Nov 2008 | Status: Trader | 671 Posts

Quoting Konichiwhaat

Disliked

{quote} Ding ding ding... times up! Lets hear it. We are ready when you are {image}

Ignored

konichiwhat...thew end of the month was on the 29th....yes i went in too early but the fat lady is still singing..

#88,605
Dec 4, 2024 6:31am Dec 4, 2024 6:31am

stormtrader
Joined Nov 2008 | Status: Trader | 671 Posts

Quoting stormtrader

Disliked

{quote} konichiwhat...thew end of the month was on the 29th....yes i went in too early but the fat lady is still singing..

Ignored

my target is 140.00...in time ofcourse
which includes swaps and such so it s got to be worth it

#88,606
Dec 4, 2024 6:33am Dec 4, 2024 6:33am

stormtrader
Joined Nov 2008 | Status: Trader | 671 Posts

Quoting stormtrader

Disliked

{quote} my target is 140.00...in time ofcourse which includes swaps and such so it s got to be worth it

Ignored

today s top should be 151.28, - 151.51 for the bears to remain in the game for now

#88,607
Dec 4, 2024 6:37am Dec 4, 2024 6:37am

stormtrader
Joined Nov 2008 | Status: Trader | 671 Posts

Quoting stormtrader

Disliked

{quote} my target is 140.00...in time ofcourse which includes swaps and such so it s got to be worth it

Ignored

And after that i m targeting 128...

#88,608
Dec 4, 2024 8:49am Dec 4, 2024 8:49am

noobtrades
| Joined Nov 2024 | Status: Trader | 8 Posts

Quoting stormtrader

Disliked

{quote} my target is 140.00...in time ofcourse which includes swaps and such so it s got to be worth it

Ignored

Hi, what approximate time horizon are you considering for it to get to 140? I am considering a short as well.

#88,609
Dec 4, 2024 9:05am Dec 4, 2024 9:05am

Naseri13
Joined May 2010 | Status: I'M NOT SIGNAL PROVIDER | 1,454 Posts

150.50
Took long Scalp 30 pip gap
Sl open for now
May close in 15 pips

Tuch: 150.10 is possible

A little beginner trader since 2006

#88,610
Dec 4, 2024 5:12pm Dec 4, 2024 5:12pm

Konichiwhaat
Joined Dec 2019 | Status: Going with the flow | 2,032 Posts

Quoting stormtrader

Disliked

{quote} konichiwhat...thew end of the month was on the 29th....yes i went in too early but the fat lady is still singing..

Ignored

You miss the point... you gave a prediction, a very cocky one telling people to go away on holiday, with no reason to your call. I have called you out on it. If you are still in this trade, you are currently back at BE, after being 580 pips in drawdown. At what point does the fat lady sing? 1000 pips? 1500? Until you blow your account? Do share

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Emotional Control. Process, not outcome.

#88,611
Dec 5, 2024 8:18am Dec 5, 2024 8:18am

Naseri13
Joined May 2010 | Status: I'M NOT SIGNAL PROVIDER | 1,454 Posts

Sell
@150.60 _70
Sl: 151.70
Tp: 149.95

Trade your own

A little beginner trader since 2006

#88,612
Dec 5, 2024 10:35am Dec 5, 2024 10:35am

Naseri13
Joined May 2010 | Status: I'M NOT SIGNAL PROVIDER | 1,454 Posts

Quoting Naseri13

Disliked

Sell @150.60 _70 Sl: 151.70 Tp: 149.95 Trade your own

Ignored

closed now @150.13

A little beginner trader since 2006

#88,613
Dec 5, 2024 10:57am Dec 5, 2024 10:57am

stormtrader
Joined Nov 2008 | Status: Trader | 671 Posts

Quoting Konichiwhaat

Disliked

{quote} You miss the point... you gave a prediction, a very cocky one telling people to go away on holiday, with no reason to your call. I have called you out on it. If you are still in this trade, you are currently back at BE, after being 580 pips in drawdown. At what point does the fat lady sing? 1000 pips? 1500? Until you blow your account? Do share {image}

Ignored

I do apologize if i sound cocky but thats not me my friend.
As for my targets i have mentioned them here. I do trade for the long run and yes i called that too early and posted a monthly chart right after my comment with the monthly fair value gap in place and noted with a shaded zone.
No hard feelings here. i m still holding to 140 at least

#88,614
Dec 5, 2024 5:24pm Dec 5, 2024 5:24pm

Konichiwhaat
Joined Dec 2019 | Status: Going with the flow | 2,032 Posts

Quoting stormtrader

Disliked

{quote} I do apologize if i sound cocky but thats not me my friend. As for my targets i have mentioned them here. I do trade for the long run and yes i called that too early and posted a monthly chart right after my comment with the monthly fair value gap in place and noted with a shaded zone. No hard feelings here. i m still holding to 140 at least

Ignored

I appreciate your kind reply. Best of luck, and stay humble

Emotional Control. Process, not outcome.

#88,615
Dec 5, 2024 10:52pm Dec 5, 2024 10:52pm

Markus99
| Joined Nov 2024 | Status: Trader | 115 Posts

As of now it is USD/JPY at 149.98

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#88,616
Edited 8:50am Dec 6, 2024 7:55am | Edited 8:50am

Naseri13
Joined May 2010 | Status: I'M NOT SIGNAL PROVIDER | 1,454 Posts

Buy @ 149.85
For tp +20 tp2 +40 tp3 +80 pip

Add too my longs around 149.60

Edit:
Added more long here
Sl @148.30

Trade to your own risk

A little beginner trader since 2006

#88,617
Dec 8, 2024 2:15pm Dec 8, 2024 2:15pm

KeenPips
Joined Dec 2015 | Status: Trader | 8,751 Posts

USDJPY price action on the daily time frame went sideways a few days ago after a bearish breakdown of the rising channel (red) within which it was operating. A bearish drive broke down the channel on November 29. Technically, there is a wider rising channel (purple) within which the market operation is consolidating. Presently, price action is tackling the 149.220 horizontal support area (green). We cannot rule out northward market engineering to an intra-day area of value before further southward drive.

I may be wrong. Trade safe and prosper.

KP

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