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USD/JPY Discussion

  • #2,981
  • Aug 16, 2007 5:39am Aug 16, 2007 5:39am
That took out, Monthly S2 and Weekly S3 line
Monthly S3 is something like 110.74

Now that would be madness
Chances favour the prepared.
  • #2,982
  • Aug 16, 2007 5:40am Aug 16, 2007 5:40am
wtf!? no sl !
  • #2,983
  • Aug 16, 2007 5:42am Aug 16, 2007 5:42am
It even took out the 2007 low!!
  • #2,984
  • Aug 16, 2007 5:43am Aug 16, 2007 5:43am
I hope everyone caught that 120 pips in 4 minutes: What a move.
The Dove - Forex Trainer
  • #2,985
  • Aug 16, 2007 5:47am Aug 16, 2007 5:47am
The stock market is going to get crushed!!! I pity those who didn't have stop losses in.
  • #2,986
  • Aug 16, 2007 5:49am Aug 16, 2007 5:49am
Quoting dove_alliance
I hope everyone caught that 120 pips in 4 minutes: What a move.

whao
i missed almost all the movement from 115 i was afraid of entering at the base!
  • #2,987
  • Aug 16, 2007 5:51am Aug 16, 2007 5:51am
I was on my 3 minute chart and at 06:33 ET I said why not looks good for about 10 or 15 pips..... the entry was 114.77, I closed it at 113.68..... I just couldn't believe it as that candle was moving.
The Dove - Forex Trainer
  • #2,988
  • Aug 16, 2007 5:51am Aug 16, 2007 5:51am
Jehovah Jireh...
FUBAR...
  • #2,989
  • Aug 16, 2007 5:54am Aug 16, 2007 5:54am
what amazes me is the pound moved only 25 pips during same period.
The Dove - Forex Trainer
  • #2,990
  • Aug 16, 2007 5:57am Aug 16, 2007 5:57am
I'm in on the long at the 113.99
The Dove - Forex Trainer
  • #2,991
  • Aug 16, 2007 6:00am Aug 16, 2007 6:00am
took profit at the 43.
The Dove - Forex Trainer
  • #2,992
  • Aug 16, 2007 6:13am Aug 16, 2007 6:13am
I wonder what happened for the Yen to move like that; what ever it was sure benefited us.
The Dove - Forex Trainer
  • #2,993
  • Aug 16, 2007 6:17am Aug 16, 2007 6:17am
I'm sure glad I chose not to sleep through this.
  • #2,994
  • Aug 16, 2007 6:18am Aug 16, 2007 6:18am
Quoting dove_alliance
I wonder what happened for the Yen to move like that; what ever it was sure benefited us.
The reason is stocks tumbling their worst all over Europe and Asia except Japan.
  • #2,995
  • Aug 16, 2007 6:23am Aug 16, 2007 6:23am
Quoting dramapips
The reason is stocks tumbling their worst all over Europe and Asia except Japan.
I figure it had to be something in that area for the Yen to move like that..... That was really something to watch....... Last time I seen anything similar was over a year ago when the non-farm payroll announcements came in.....
The Dove - Forex Trainer
  • #2,996
  • Aug 16, 2007 6:25am Aug 16, 2007 6:25am
Hey Dove, what's your S line after this?
Chances favour the prepared.
  • #2,997
  • Aug 16, 2007 6:26am Aug 16, 2007 6:26am
Quoting dove_alliance
what amazes me is the pound moved only 25 pips during same period.

Hahaha....yeah, it's like it and the other non-yen pairs were like little children watching grown folks take care of business.
  • #2,998
  • Aug 16, 2007 6:27am Aug 16, 2007 6:27am
Got back in on the short at the 32.....
The Dove - Forex Trainer
  • #2,999
  • Aug 16, 2007 6:28am Aug 16, 2007 6:28am
Well one thing to certainly cheer on.
All my profit and holdings are in YEN (I keep about 2 months worth of profit)... so Cha Ching..nice
Chances favour the prepared.
  • #3,000
  • Aug 16, 2007 6:28am Aug 16, 2007 6:28am
Quoting jasonowl
Hey Dove, what's your S line after this?
There is none _ smiling; every time it turns I'll get into it.
The Dove - Forex Trainer
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