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USD/JPY Discussion

  • #5,821
  • Feb 27, 2008 10:47pm Feb 27, 2008 10:47pm
so where do you guys see this going from here? anyone have any charts to support their claims?
  • #5,822
  • Feb 27, 2008 11:21pm Feb 27, 2008 11:21pm
for me the downtrend still exists
Attached Image (click to enlarge)
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  • #5,823
  • Feb 28, 2008 12:18am Feb 28, 2008 12:18am
yeah, it looks like it is moving down back towards at least 106
  • #5,824
  • Feb 28, 2008 12:21am Feb 28, 2008 12:21am
I had chance to flat it at break even. I am not touching usdjpy until it makes one big move in one direction. Gl anyone
  • #5,825
  • Feb 28, 2008 1:08am Feb 28, 2008 1:08am
looks like it should touch support at 106 then make a move up
  • #5,826
  • Feb 28, 2008 1:23am Feb 28, 2008 1:23am
Yep, I'm also of the opinion there is still some short left in this.
  • #5,827
  • Feb 28, 2008 8:25am Feb 28, 2008 8:25am
looks like its about to start the reverse back up, rsi's on most timeframes are way oversold, and stochastics are all oversold, looking bullish
  • #5,828
  • Feb 28, 2008 2:31pm Feb 28, 2008 2:31pm
Quoting Wallboroff
any idea where it might go?

to 125.72?
yes, to hell
  • #5,829
  • Feb 28, 2008 2:38pm Feb 28, 2008 2:38pm
Quoting Schminner
yes, to hell
I agree! LMAO.
  • #5,830
  • Edited 6:22pm Feb 28, 2008 6:00pm | Edited 6:22pm
Did anyone see it go below 105?

"USD/JPY Trading at lowest levels since May 2005"
  • #5,831
  • Feb 28, 2008 6:03pm Feb 28, 2008 6:03pm
Quoting yoake
Did anyone see it go below 105?

Is it possible to see 104.50 today?
There is no bad decisions, its only didn't work out.
  • #5,832
  • Feb 28, 2008 6:46pm Feb 28, 2008 6:46pm
Wow, haven't lost that much money that fast since Vegas. Except this was my first trade.
  • #5,833
  • Feb 28, 2008 6:57pm Feb 28, 2008 6:57pm
Where is the bottom?? Are we there yet 104.70.
creating wealth one pip at a time.....
  • #5,834
  • Feb 28, 2008 7:38pm Feb 28, 2008 7:38pm
Even though I'm almost sure 104,60 is a bottom, i really believe we will continue falling until something like 102,00, then we will see if it will penetrate the support line or make a bottom.
  • #5,835
  • Feb 28, 2008 7:55pm Feb 28, 2008 7:55pm
A break below 104.95 confirms that wave 3 of 3 has resumed, and we are looking at 103 levels soon.
  • #5,836
  • Feb 28, 2008 7:56pm Feb 28, 2008 7:56pm
Quoting Küster
Even though I'm almost sure 104,60 is a bottom, i really believe we will continue falling until something like 102,00, then we will see if it will penetrate the support line or make a bottom.
opposite facts? sure it's a bottom and believe it will continue falling to 102
  • #5,837
  • Feb 28, 2008 11:28pm Feb 28, 2008 11:28pm
how long do you guys think this upswing will last?
  • #5,838
  • Feb 29, 2008 12:02am Feb 29, 2008 12:02am
anybody?
  • #5,839
  • Feb 29, 2008 12:23am Feb 29, 2008 12:23am
Quoting samdelgado
how long do you guys think this upswing will last?
I wouldn't be surprised to see it test 104.50 again. IMHO it's definitely not in an upswing yet, but what do I know. I don't think UJ knows what to do either.
  • #5,840
  • Feb 29, 2008 12:24am Feb 29, 2008 12:24am
We broke previous wave low, we should be if the technicals of EW are right in wave 3 of 3. The strongest impulse and we are targetting 100 in a few weeks. This is a consolidation to losses, lack of volumes in asia may not push thru support, I am selling strength here gl
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