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USD/JPY Discussion 7 replies

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USD/JPY Discussion

i see now usd/jpy losing steam, been trying to break thru 109.xx but got rejected evry time..at least for now..
"Building Wealth By Confidence, Consistency, & Compounding"
Will me believing really hard that it's going to fall help it to fall at all? Or am I just wasting my energy here

edit: My sell is at -20 pips and the price keeps tickling my stop loss (109.19), but can't seem to break through it.

edit: Got out with +11 pips
Do you think the karate kid knows kung-fu?
sold uj 82..
"Building Wealth By Confidence, Consistency, & Compounding"
Quoting IdentifyTren
Short USD/JPY at 108.95 SL 109.20

Still looks good so far.. Lets go YEN
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Quoting ddblue
Will me believing really hard that it's going to fall help it to fall at all? Or am I just wasting my energy here

edit: My sell is at -20 pips and the price keeps tickling my stop loss (109.19), but can't seem to break through it.

edit: Got out with +11 pips
Ahhh buddy you must have the stink guts of a soldier willing to take a hit. You obviously knew what you were doing, or listened to others (which is bad)...and placed a great trade. Now you must learn to trust yourself, the hardest lesson in forex. Good luck.
4H chart shows descent to 108.10 at least--

hmm, the support is holding fast...probably a bounce to 109+ then back down
Quoting seesaw
4H chart shows descent to 108.10 at least--

hmm, the support is holding fast...probably a bounce to 109+ then back down
Hi, how did you know the 108.1 ? Approx. 21 August low ? Thanks for your help
down for 107,55
Quoting ernesto
Hi, how did you know the 108.1 ? Approx. 21 August low ? Thanks for your help
Firm support from Sept. 2nd low, and also roughtly .38 fib retracement level from the daily chart from 104-110+

if we break that we go further south, expect 107.60 at least
Return to pivot (after 5pm) 8 PM, move up, 40-55 pips
"I spilled spot remover on my dog. He's gone now." - Steven Wright
http://3.bp.blogspot.com/_6UyY1aj6k-...j_s112_938.gif


Price 108.28

SL 107.48
There ya go..
"I spilled spot remover on my dog. He's gone now." - Steven Wright
Short since Aug 28th LOL and staying short.

Tried to make up interest with scalps. Found out again...I am not a scalper.
this pair looks like a short to me..
"Building Wealth By Confidence, Consistency, & Compounding"
this is going better and better
"Building Wealth By Confidence, Consistency, & Compounding"
Quoting anne_81
this is going better and better
you were saying ?
still looks like short 107.6 . i see
Quoting Pirin
you were saying ?
oh scalped for only 20 pips before putting on another trade..it did me good i guess..
"Building Wealth By Confidence, Consistency, & Compounding"
I guess its best to wait till ECB rate announcement and USD News before placing any trades today..

108.80-109.00 is better short levels
At 108.30/40, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For short-term sales on condition of formation of topping signals the targets will be 107.90/108.00, 107.50/60.
An alternative for buyers will be above 108.80 with targets 109.10/20, 109.60/80, 110.00/20.
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