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USD/JPY Discussion

Greetings everybody

It is great pleasure to join you, thanks for every guide in here.

I was looking for daily chart and I found this pattern

What do you think about it?
Is it reversed flag?


http://i33.tinypic.com/b680w6.jpg
hi guys.

always the up trend rule the trend movement of all the usd pairs , (like usd/chf, usd/yen).

and here is my charts describe my reasons for holding my longs all that time and as you see.

the third breakout in usd/chf chart indicate strengthen the up trend of all the usd pairs.

& in usd yen as you see another breakout indicate the ccontinuation of the up trend.

it become so obvious that the usd strengthen against all currencies not temporary issue , it will will last for months or even years.
so try always to be with the trend buddy

have fun guys.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 3a.gif Size: 18 KB
Click to Enlarge Name: 3b.gif Size: 15 KB
Quoting Tiger Hunter
hi guys.

always the up trend rule the trend movement of all the usd pairs , (like usd/chf, usd/yen).

and here is my charts describe my reasons for holding my longs all that time and as you see.

the third breakout in usd/chf chart indicate strengthen the up trend of all the usd pairs.

& in usd yen as you see another breakout indicate the ccontinuation of the up trend.

it become so obvious that the usd strengthen against all currencies not temporary issue , it will will last for months or even years.
so try always to be with the trend buddy

have fun guys.
Up trend??? This baby has been downhill since mid August. It's actually been bearish for 20+ years now!

This pair makes no sense in regard to the current USD strength. USD has gained across the board of majors except the Yen.

i am long from 100.46

my target is 101.10/20

stop @ 100.27

but still keeping my eyes on the chart above
i'm long also with a t/p of 101. Not sure if it will ge there...
Quoting altrader
i'm long also with a t/p of 101. Not sure if it will ge there...

Well my friend, I think it is not this time

Quoting To Be
Greetings everybody

It is great pleasure to join you, thanks for every guide in here.

I was looking for daily chart and I found this pattern

What do you think about it?
Is it reversed flag?


http://i33.tinypic.com/b680w6.jpg
It's actually a bearish continuation flag formation. Will most likely break to the downside {not a 100% certainty though - it could also break to the upside}.
Attached Image
Quoting To Be
Well my friend, I think it is not this time
yeah, this isn't very easy at all to trade this market I have a stop at 100 and a t/p of 101, so it's still possible, but i'm not that optimistic.
Quoting altrader
yeah, this isn't very easy at all to trade this market I have a stop at 100 and a t/p of 101, so it's still possible, but i'm not that optimistic.
so do i..
im still at long position
SL at low 99.28

wew..hope its gonna up to 101
Quoting altrader
yeah, this isn't very easy at all to trade this market I have a stop at 100 and a t/p of 101, so it's still possible, but i'm not that optimistic.

Still there is a chance IF the support works @ 100.10

But be careful about resistance @ 100.48 since it is a little bit strong

here is the channel :

http://i33.tinypic.com/eitnv4.jpg


Good luck
Quoting To Be
Still there is a chance IF the support works @ 100.10

But be careful about resistance @ 100.48 since it is a little bit strong

here is the channel :

http://i33.tinypic.com/eitnv4.jpg


Good luck
Thanks and yeah, I also drew the channel almost the same as yours. There is still the possibility, so I guess we'll see if it gets there.
hope it will break the 38.2%
11:24 USD/JPY: Yen Trying To Get Back On Side But USD Demand Noted London, October 16. USD/JPY generally bull biased through the London morning with decent demand from Japanese players, including a large life company. Exporters also active and the brief dip under 100.20 reportedly blamed on corporate supply. Overall a fairly tight morning session with falling equity markets and risk aversion shunting funds to safe havens, including the Dollar.
Stops are touted above 100.75 session top with offers ahead. On the base the bids are rumoured to be lined up from 99.90 through 100.10.
All attention now on the U.S open and Wall St start. Dow futures have suggested a positive open for stocks but we have seen recently that early price action can be totally reversed with futures indications of little use. [email protected]



http://i192.photobucket.com/albums/z...e_jay/uj-1.gif
wew
still cant break the wall of 38.2http://i192.photobucket.com/albums/z...ee_jay/uj3.gif
101.21
wew....thanks guys
Hey Friends!

Short: 100.60

UP OR DOWN ?

Attached Image (click to enlarge)
Click to Enlarge Name: uj_s155_10168.gif Size: 20 KB
Quoting adry_dee_jay
wew
still cant break the wall of 38.2http://i192.photobucket.com/albums/z...ee_jay/uj3.gif
Hi,

Can you please tell me which indicators are used on your chart? Where can I get the template and indicators? Is this setup just for USDJPY or can it be used on any pairs and timeframe?

Thanks in advance.
101.07
Quoting pepbullish
Hey Friends!

Short: 100.60

UP OR DOWN ?

Attachment
BullTime Dumb! ahaha

I will go long but still confused about the target

There is a flag targeting 102.45/55

http://i38.tinypic.com/eh0lcm.jpg

Also, There is a submiuette Elliott wave targeting 102.10 then 103.10

I think I will make my target @ 102.40
Stop loose 101.20

Guys, it is a discussion NOT a recommendation
short here at 101.57, 101.87 stop just above swing highs off 1hr. 98.22 target
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