USD/JPY Discussion

hi all

long from 109.90


should i hold it looking for 110.60? or closed it here?

i want 2 knw which of the curreny pair with jpy will make much impact, since the governor is going to speak
thanks

A break above 110.65 opens up 113 the retracement fibo from the fall from 124 watch it around there. Right now the UJ is at an important PPZ that was support and has now turned resistance.

Price 110.14

SL 110.84

Closed 109.54

+60

Price 109.50

SL 109.00

No real resistance till 108.50. i was short at 109.90 friday but got shook out this mornin closin out at 109.60 still happy with that ...watch for a 108.50 bounce comin back up to 110.00 before it does anything too crazy.

wah.... to danger you long at 109.50 because uj still can fall below last week low. Reason very simple because QQE at D1, H4 and H1 already crossed heading to south. My point of view UJ will going down like hell this week. Fasten your seat belt.

agreed def going to be a down week hitting tech levels basic range between 108.5 n 110.30...obviously still good opportunities in this range but be careful on ur swing trades...watch carefully

Congrats! You're in the green overall! Good job. How does it feel?

The USD is strong, even in the face of bad news. Trend is up.

Nope it's not 110 is capping

Man, I fell good.
Now need to take care with my trades

I am thinking in Short 3-5 AM GMT

Pep,

Are you trading multiple pairs other than U/J?

(DJ) DJ MARKET TALK: USD May Rise Amid Fears Of Global Econ Slowdown

http://live.gftforex.com/news/dow_jones_logo.gif

2307 GMT [Dow Jones] USD now off highs on profit-taking, but may rise back vs EUR, JPY with speculation growing that high-yield areas like eurozone inching toward monetary easing while U.S. may raise policy rates, says trader at major Tokyo bank. "Recent economic indicators (such as German business confidence released Tuesday) clearly show the global economy is slowing and many countries will likely cut their interest rates." But "U.S. economic conditions are not as bad as initially expected, which is likely to prompt investors to buy back the dollar" vs major rivals. EUR/USD tipped in 1.4580-1.4680 band for now; last 1.4646 on EBS. USD/JPY likely to move in 109.20-110.20 band for now; last 109.61 on EBS. Focus now on Asia stock, oil price moves, as well as U.S. July durable goods data due later in day. (TTA)

only USDJPY, and i will sell in 30 minutes

Pep,

4hr chart setting up good....still wavering on breaking 109.00 before US session....curious to know waht your target is....


mm

I believe it






I am waiting for 109.40 , and entry short

Price 109.31

SL 110.81

Nice idea there, hmm but what would be a good PT point??? 107.60 looks like a good area of support on the daily charts. I got in way tooo early but holding on at 108.75 for PT at 107.60

First 108.17 , after 102.73