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USD/JPY Discussion

  • #3,301
  • Aug 17, 2007 12:47am Aug 17, 2007 12:47am
Quoting DutchTrader
Someones holding a 112 d/n/t barrier the price action is too choppy at this level, we'll need London to help us out.
That would explain the bounce off of 112.08. Trend is still down though. I'm being careful with any longs.

G-Man
  • #3,302
  • Aug 17, 2007 12:48am Aug 17, 2007 12:48am
Quoting G-Man
That would explain the bounce off of 112.08. Trend is still down though. I'm being careful with any longs.

G-Man
G,

Patience.
Patience + Humility + Study = Success
  • #3,303
  • Aug 17, 2007 12:49am Aug 17, 2007 12:49am
I've got a sell stop in at 111.90 if 112.00 goes. May be too close as could get spiked in, but nothing ventured nothing gained.

G-Man
  • #3,304
  • Aug 17, 2007 12:51am Aug 17, 2007 12:51am
Well everyone, I have been up many hours with this thing and It is time to hang it up for awhile...... Everyone have a good morning and have fun with it.... Next week may be a different story.
The Dove - Forex Trainer
  • #3,305
  • Aug 17, 2007 12:52am Aug 17, 2007 12:52am
well good luck all going to sleep now.See you all later
  • #3,306
  • Aug 17, 2007 12:53am Aug 17, 2007 12:53am
Thanks Dove! Have a great rest.
  • #3,307
  • Aug 17, 2007 1:00am Aug 17, 2007 1:00am
They are really trying to keep $/yen afloat. So far they are doing a good job with it....lol.
  • #3,308
  • Aug 17, 2007 1:00am Aug 17, 2007 1:00am
Thanks Dove.

You are a gentleman.

G-Man
  • #3,309
  • Aug 17, 2007 1:08am Aug 17, 2007 1:08am
Good old fashion dollar bull/yen bull battle
Patience + Humility + Study = Success
  • #3,310
  • Aug 17, 2007 1:15am Aug 17, 2007 1:15am
I'm starting to feel the trend has changed.
  • #3,311
  • Aug 17, 2007 1:15am Aug 17, 2007 1:15am
Quoting southernmind
I'm starting to feel the trend has changed.
Stopped out of my short
Patience + Humility + Study = Success
  • #3,312
  • Aug 17, 2007 1:20am Aug 17, 2007 1:20am
Price is trying as hard as it can to break through this downward trendline.
Attached Image (click to enlarge)
Click to Enlarge Name: TRENDLINE.jpg Size: 65 KB
  • #3,313
  • Aug 17, 2007 1:22am Aug 17, 2007 1:22am
Quoting southernmind
I'm up almost 500% on my account for the week!
I'm not used to these quiet markets.

Would you care to trade my account for me southernmind?

G-Man
  • #3,314
  • Aug 17, 2007 1:22am Aug 17, 2007 1:22am
The equities are still down, so I'm not sure how long this will last, perhaps a short above 113
Patience + Humility + Study = Success
  • #3,315
  • Aug 17, 2007 1:23am Aug 17, 2007 1:23am
Quoting southernmind
Price is trying as hard as it can to break through this downward trendline.


hey dont forget about me....im making lots of money too....lol....i fuXXXXX love it....




i bet you even the newbies are making a kill....wow i usually dont trade between thursdays and monday but shzz is too easy to make that money....
DISCIPLINE IS THE KEY TO SUCCESS!!!:nerd:
  • #3,316
  • Aug 17, 2007 1:25am Aug 17, 2007 1:25am
Quoting G-Man
I'm not used to these quiet markets.

Would you care to trade my account for me southernmind?

G-Man

I'm afraid I'm going to have to turn you down my friend. I have a hard enough time trading my own.
  • #3,317
  • Aug 17, 2007 1:27am Aug 17, 2007 1:27am
This might be the turn. Im short from 112.50
Patience + Humility + Study = Success
  • #3,318
  • Aug 17, 2007 1:31am Aug 17, 2007 1:31am
short here from 12.59
FUBAR...
  • #3,319
  • Aug 17, 2007 1:34am Aug 17, 2007 1:34am
Quoting DutchTrader
This might be the turn. Im short from 112.50
Still looks like it is trying to go up to me.

If it hits the resistance again then maybe. Need to see more rejection again.

G-Man
  • #3,320
  • Aug 17, 2007 1:36am Aug 17, 2007 1:36am
Does anyone know what the London futures are doing?
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