USD/JPY Discussion | Page 4475 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

USD/JPY

Similar Threads

USD/JPY Discussion 12 replies

NZD/JPY Discussion 12 replies

long eur/jpy, gbp/jpy, usd/jpy 11 replies

EUR/USD Bollinger Band Discussion 3 replies

Suidster's GBP/JPY Discussion 19 replies

Attachments: USD/JPY Discussion
Exit Attachments

USD/JPY Discussion

  • #89,481
  • Apr 8, 2025 10:07am Apr 8, 2025 10:07am
15M rejection candle

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 20 KB
Don't compare your trades to others. Most often the masses are the asses
  • #89,482
  • Apr 8, 2025 10:09am Apr 8, 2025 10:09am
It's hard to know, isn't it? The price action could be interpreted in so many ways right now. Oh, well. I will keep holding my short position and see if it goes midpoint the range.
  • #89,483
  • Apr 8, 2025 11:19am Apr 8, 2025 11:19am
Quoting PianistMat
It's hard to know, isn't it? The price action could be interpreted in so many ways right now. Oh, well. I will keep holding my short position and see if it goes midpoint the range.
Not really that hard. They do leave clues.
Don't compare your trades to others. Most often the masses are the asses
  • #89,484
  • Apr 8, 2025 11:33am Apr 8, 2025 11:33am
You have my attention, how do you find these clues?
  • #89,485
  • Apr 8, 2025 11:45am Apr 8, 2025 11:45am
Quoting OBsayMkMoney
15M rejection candle {image}

@ PianistMat

This rejection candle on the 15m just above a previous area of support and resistance alluded to a liquidity sweep above that area (to the left). Once the next candle was also Bearish it confirmed. The candle after that did a liquidity sweep into the previouse one then went down as expected. Expected why? Because the two candles before it hinted it. The recection candle, and then the continuation to the downside with no solid trades above that 15m rejection close. Now for the target. The bottom of this range on the 15m is dirty. So I don't expect it to stop here. No indicision candles, no previous rejection either. The next clean rejection on the 15m chart is 145.5 area. So if we continue through this area of congestion I expect a trip to 146
Don't compare your trades to others. Most often the masses are the asses
  • #89,486
  • Apr 8, 2025 11:46am Apr 8, 2025 11:46am
Quoting OBsayMkMoney
Remember that sideways action I mentioned last week? Short term. Short to 146 off of 147.2 area. Unless 147.2 is broken in which case first target is yesterday's highs. Second 149.2. I took another look at the 4hr, and longer term I am leaning Long overall. We had a gap down on bad news, but were it not for that news the pattern would have suggested we were long to 149 area. That news didn't take out the floor though, so we be in recovery. My initial move was a buy off of 144.9. We have a FVG between 147.8 and 149.3 that still needs filling, and...

@ PianistMat
See my morning assessment. of the day...
Don't compare your trades to others. Most often the masses are the asses
  • #89,487
  • Apr 8, 2025 11:52am Apr 8, 2025 11:52am
Placing SL above 146.83. as long as it doesn't go above that I feel my TP will get hit. Same pattern almost on the ES500. Tp'd there already.
Don't compare your trades to others. Most often the masses are the asses
  • #89,488
  • Edited 12:33pm Apr 8, 2025 12:01pm | Edited 12:33pm
Another clue to look for. Found this on the ES500.
See how the tails on the outter candles touch? This says that the liquidiy in this area has been obsorbed. Liquidity gone... have to search for more. So we continue southward.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 2 KB


Also keep in mind there is still some above... bracketted here. So when we finish searching below... I see this area getting a hit and some sideways action.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 3 KB
Don't compare your trades to others. Most often the masses are the asses
  • #89,489
  • Apr 8, 2025 12:42pm Apr 8, 2025 12:42pm
FOMC speaking at 2PM EST. Expect some volatility then. Will most likely rip upward. I will be out by then. Actually closing out now. Will open more after the speach, or during it if it hits one of my areas of interest.

146.620
Don't compare your trades to others. Most often the masses are the asses
  • #89,490
  • Apr 8, 2025 1:29pm Apr 8, 2025 1:29pm
Quoting OBsayMkMoney
{quote} @ PianistMat See my morning assessment. of the day...
Really good posts
enjoying them
  • #89,491
  • Apr 8, 2025 1:41pm Apr 8, 2025 1:41pm
Quoting OAPDave
{quote} Really good posts enjoying them

I took your hint. By default I try not to be specific as it tends to draw out the nay sayers, especially when wrong which we all are from time to time, but it seems it wasn't as helpful as I imagined
Don't compare your trades to others. Most often the masses are the asses
  • #89,492
  • Edited 5:24pm Apr 8, 2025 2:15pm | Edited 5:24pm
See how it played out?

This is the ES500. Not UJ. Just shown here to confirm my previous post about liquidity grabs and continuation.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 9 KB
Don't compare your trades to others. Most often the masses are the asses
  • #89,493
  • Apr 8, 2025 2:26pm Apr 8, 2025 2:26pm
Done for today. Starting to feel greedy.
Don't compare your trades to others. Most often the masses are the asses
  • #89,494
  • Edited 3:04pm Apr 8, 2025 2:50pm | Edited 3:04pm
Quoting OBsayMkMoney
{quote} I took your hint. By default I try not to be specific as it tends to draw out the nay sayers, especially when wrong which we all are from time to time, but it seems it wasn't as helpful as I imagined
Remember my post about
EXPECTATION
My view is that anyone that as the balls to post
weather right or wrong deserves
a like or pat on the back
as long as there is no alternative motive
The very few guys on this thread seem
straight forward and honest
Your posts make me think so that makes me interested in you views
if we were always right do you think we would be sitting here
in fact I would not be interest as it would be a scam or after
time results and posts
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDJPYH4a.png Size: 57 KB
Click to Enlarge Name: USDJPYM15b.png Size: 52 KB
Click to Enlarge Name: USDJPYH4c.png Size: 56 KB
Click to Enlarge Name: USDJPYM15d.png Size: 59 KB
  • #89,495
  • Apr 8, 2025 5:20pm Apr 8, 2025 5:20pm
Quoting ThaoAnh
{quote} {image}
Attached Image (click to enlarge)
Click to Enlarge Name: 333.png Size: 24 KB
  • #89,496
  • Apr 9, 2025 4:59am Apr 9, 2025 4:59am
Hello, my view on the USDJPY currency pair, in my opinion it is bullish
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_٢٠٢٥٠٤٠٩_١٢٥٧٥٨.jpg Size: 582 KB
  • #89,497
  • Apr 9, 2025 7:36am Apr 9, 2025 7:36am
Quoting ThaoAnh
{quote} {image}
Attached Image (click to enlarge)
Click to Enlarge Name: 334.png Size: 21 KB
  • #89,498
  • Apr 9, 2025 7:44am Apr 9, 2025 7:44am
Quoting OBsayMkMoney
{quote} Not really that hard. They do leave clues.
You got me thinking
My effort to help my eyes with Top Down approach
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDJPYH4.png Size: 43 KB
Click to Enlarge Name: USDJPYH1.png Size: 41 KB
Click to Enlarge Name: USDJPYM15.png Size: 42 KB
  • #89,499
  • Apr 9, 2025 8:02am Apr 9, 2025 8:02am
Possible 15m rejection.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 11 KB
Don't compare your trades to others. Most often the masses are the asses
  • #89,500
  • Apr 9, 2025 8:09am Apr 9, 2025 8:09am
Quoting OBsayMkMoney
Possible 15m rejection. {image}
Agreed
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDJPYM15b.png Size: 42 KB
Click to Enlarge Name: USDJPYM15c.png Size: 44 KB
123 traders viewing now, 1 is registered:
manishsingh