USD/JPY Discussion | Page 81 | 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

  • #1,601
  • Aug 2, 2007 7:03pm Aug 2, 2007 7:03pm
Quoting toppz
hello dove
how do you get your own daily pivot piont before actionforex brings out their's right
I got a calculator that I use at 17:00
The Dove - Forex Trainer
  • #1,602
  • Aug 2, 2007 7:06pm Aug 2, 2007 7:06pm
Quoting dove_alliance
I got a calculator that I use at 17:00
thanks dove.
where can i get this kind of calculator
  • #1,603
  • Aug 2, 2007 7:06pm Aug 2, 2007 7:06pm
Tonight may be a journey to the unknown due to the non-farm payroll announcement in the morning.
The Dove - Forex Trainer
  • #1,604
  • Aug 2, 2007 7:07pm Aug 2, 2007 7:07pm
Quoting toppz
thanks dove.
where can i get this kind of calculator
Here is the link:

http://www.bestvistadownloads.com/so...-uyiktrtd.html
The Dove - Forex Trainer
  • #1,605
  • Aug 2, 2007 7:08pm Aug 2, 2007 7:08pm
I agree.. markets awaiting NFP data. Dove, if NFP comes out good.. should be +ve for jpy pairs right? Also, being a Friday.. maybe jpy pairs will go up because of the interest collection over the weekend.. although at this stage I doubt a lot of funds would be concerned about that lol.
  • #1,606
  • Aug 2, 2007 7:08pm Aug 2, 2007 7:08pm
Guess which way we are going tonight.
The Dove - Forex Trainer
  • #1,607
  • Aug 2, 2007 7:11pm Aug 2, 2007 7:11pm
Quoting dove_alliance
Guess which way we are going tonight.
Up? The last two 4H bars formed a Bar Inside Bar pattern. That coupled with the pattern resting on a couple supporting EMAs and Fib levels suggest a breakout upwards.
  • #1,608
  • Aug 2, 2007 7:11pm Aug 2, 2007 7:11pm
Quoting VishalJ
I agree.. markets awaiting NFP data. Dove, if NFP comes out good.. should be +ve for jpy pairs right? Also, being a Friday.. maybe jpy pairs will go up because of the interest collection over the weekend.. although at this stage I doubt a lot of funds would be concerned about that lol.

They may their move up and it will be a sure thing when the 119.25 is busted.
The Dove - Forex Trainer
  • #1,609
  • Aug 2, 2007 7:12pm Aug 2, 2007 7:12pm
Quoting dove_alliance
Guess which way we are going tonight.
I would say up.. Asian retail folks should be back to buying the carry trade, albeit temporarily.
  • #1,610
  • Aug 2, 2007 7:28pm Aug 2, 2007 7:28pm
Quoting dove_alliance
They may their move up and it will be a sure thing when the 119.25 is busted.
Could you please upload a chart so that we too can see this?
  • #1,611
  • Aug 2, 2007 7:31pm Aug 2, 2007 7:31pm
[MOODYS] is over the wires saying the impact of the [US] subprime crisis is manageable for [European] banks and limited for [Asian] Banks. Implying that the credit crisis remains US focused, the rating agencys comments look set to bode negatively for the USD.

Just something I received over the newsfeed.
Patience + Humility + Study = Success
  • #1,612
  • Aug 2, 2007 7:32pm Aug 2, 2007 7:32pm
I got in at the 19 with a limit set for 59..... watch for a major retrace around the 35.
The Dove - Forex Trainer
  • #1,613
  • Aug 2, 2007 7:34pm Aug 2, 2007 7:34pm
Quoting DutchTrader
[MOODYS] is over the wires saying the impact of the [US] subprime crisis is manageable for [European] banks and limited for [Asian] Banks. Implying that the credit crisis remains US focused, the rating agencys comments look set to bode negatively for the USD.

Just something I received over the newsfeed.
I never review such trash because 99% of the time they don't know what they are talking about nor do they have the first hand information only second hand
The Dove - Forex Trainer
  • #1,614
  • Aug 2, 2007 7:37pm Aug 2, 2007 7:37pm
Quoting dove_alliance
They may their move up and it will be a sure thing when the 119.25 is busted.

WHY did you choose 119.25 and not 119.44 as the confirmation
  • #1,615
  • Aug 2, 2007 7:41pm Aug 2, 2007 7:41pm
Dove,

It was Bloomberg, but I hear you.
Patience + Humility + Study = Success
  • #1,616
  • Aug 2, 2007 7:43pm Aug 2, 2007 7:43pm
I'm back

..I'm waiting to enter long around 119.11. We've been going up for awhile so I wouldn't be surprised if we needed to drop to around 118.97 or lower before continuing up.
  • #1,617
  • Aug 2, 2007 7:43pm Aug 2, 2007 7:43pm
Lets take the non-farm payroll announcement:
I remember a time when 1 second after the announcement, let say it went up, what you witness is spike that went 75- 100+ pips in a blink of an eye.... on that same blink it would retrace to the candle pivot and then went down in another blink the same a mount of pips it went up..... This would continue for 20 minutes and then settle down for a trend of 130-150 pips for that day.... Today - it is a different story.... any review or announcements are contradictory to the report.
The Dove - Forex Trainer
  • #1,618
  • Aug 2, 2007 7:44pm Aug 2, 2007 7:44pm
Quoting toppz
WHY did you choose 119.25 and not 119.44 as the confirmation
There is a resistance at the 25
The Dove - Forex Trainer
  • #1,619
  • Aug 2, 2007 7:45pm Aug 2, 2007 7:45pm
OK, borrowing from the Cornflower System on the 1HR Chart. (Basically a MA system). Seems like the trend is now temporarily up.

I'd would go with Dove's call for the move up.
Waiting for chance to enter the market ...
Chances favour the prepared.
  • #1,620
  • Aug 2, 2007 7:46pm Aug 2, 2007 7:46pm
News reports since April have been "duds" to say the least. At least in terms of movement.

I guess people aren't news trading as much anymore?

We may get around 118.25 if it goes down but that's just from taking the current wave up and looking at the 61.8 fib line.

Then I would think of major buying potential at that entry because I see the down trend ending. This is only speculation from my limited knowledge about E. Waves

Adrian
50 traders viewing now, 1 is registered:
zeus1089