USD/JPY Discussion | Page 619 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

USD/JPY

Similar Threads

USD/JPY Discussion 12 replies

NZD/JPY Discussion 12 replies

long eur/jpy, gbp/jpy, usd/jpy 11 replies

EUR/USD Bollinger Band Discussion 3 replies

Suidster's GBP/JPY Discussion 19 replies

Attachments: USD/JPY Discussion
Exit Attachments

USD/JPY Discussion

  • #12,361
  • Jan 12, 2009 4:36am Jan 12, 2009 4:36am
Quoting gsgg
Now I have long position
TP 91.40
if 90 is broken it will be very bad for your long

its testing this support many time until now i am currently short since last week and waiting for 90 to break down

target will be below 88 and long term to 80
  • #12,362
  • Jan 12, 2009 4:47am Jan 12, 2009 4:47am
I went long @ 90.03
Let's see how it will devolop.
Mike
  • #12,363
  • Jan 12, 2009 5:01am Jan 12, 2009 5:01am
bearish divergence in 1H
  • #12,364
  • Jan 12, 2009 5:25am Jan 12, 2009 5:25am
here we go we broke the support 90 finally
  • #12,365
  • Jan 12, 2009 5:48am Jan 12, 2009 5:48am
88-87 here we come
  • #12,366
  • Jan 12, 2009 7:12am Jan 12, 2009 7:12am
I think that now it will get below 90.
Mike
  • #12,367
  • Jan 12, 2009 7:36am Jan 12, 2009 7:36am
It's ranging around 90. Need some big push - up or down
But I do not see any major news
  • #12,368
  • Jan 12, 2009 9:14am Jan 12, 2009 9:14am
GMT 16:08 long at 89.33
tp 94 sl 87


see what happened??
  • #12,369
  • Jan 12, 2009 11:20am Jan 12, 2009 11:20am
After clearing what has been an obvious support level of 90, to which price could have a risk to longs at the 87 area with continued bearish momentum.........Why would anyone place a buy order?

I'm just asking because I would like to understand the bullish concept in light of technical and fundamental analysis that is pulling down the usd/jpy.
  • #12,370
  • Edited 11:57am Jan 12, 2009 11:43am | Edited 11:57am
Quoting sleep1Iopen
After clearing what has been an obvious support level of 90, to which price could have a risk to longs at the 87 area with continued bearish momentum.........Why would anyone place a buy order?

I'm just asking because I would like to understand the bullish concept in light of technical and fundamental analysis that is pulling down the usd/jpy.
I am not offending anyone's comment but this is my opinion.
1, I still believe 1/20 for new U.S. president who people expect him to make better economics which fundamentals is possibly going up.
2, ECB rate decision may be lower affecting to eur/usd, eur/jpy
3, ADIA is always looking for usd raise because oil trade settlement by dollar.
4, BOJ suppose to help exporting company.
these make me to have long position.
but my risk must be covered 87.14 lowest in last year.
  • #12,371
  • Jan 12, 2009 12:21pm Jan 12, 2009 12:21pm
I'm long from 89.005.
My 30 min chart with MA and Stoch are confirming .
  • #12,372
  • Jan 12, 2009 12:22pm Jan 12, 2009 12:22pm
Quoting ukiukifx
I am not offending anyone's comment but this is my opinion.
1, I still believe 1/20 for new U.S. president who people expect him to make better economics which fundamentals is possibly going up.
2, ECB rate decision may be lower affecting to eur/usd, eur/jpy
3, ADIA is always looking for usd raise because oil trade settlement by dollar.
4, BOJ suppose to help exporting company.
these make me to have long position.
but my risk must be covered 87.14 lowest in last year.
88.88 is the 76.4% retracement from the last 20 days of price action. With the strong move and a possible daily close below 90; Are you worried about the probability of your trade? If there is a close below 88.88 then it would be almost protocol to see 87 broken sooner than later.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: yen.jpg Size: 165 KB
Click to Enlarge Name: yen4.jpg Size: 180 KB
  • #12,373
  • Jan 12, 2009 1:04pm Jan 12, 2009 1:04pm
Quoting sleep1Iopen
88.88 is the 76.4% retracement from the last 20 days of price action. With the strong move and a possible daily close below 90; Are you worried about the probability of your trade? If there is a close below 88.88 then it would be almost protocol to see 87 broken sooner than later.
Thank you very much for your advise, well noted.
so, point is below 88.88 at NY closing time(?) would not be going up to 90 before 87 break.
  • #12,374
  • Jan 12, 2009 1:37pm Jan 12, 2009 1:37pm
Quoting ukiukifx
Thank you very much for your advise, well noted.
so, point is below 88.88 at NY closing time(?) would not be going up to 90 before 87 break.
YEP
  • #12,375
  • Jan 13, 2009 2:05pm Jan 13, 2009 2:05pm
Who play long ?
I have long 89.07 TP 90.50
  • #12,376
  • Jan 13, 2009 2:27pm Jan 13, 2009 2:27pm
Quoting ukiukifx
GMT 16:08 long at 89.33
tp 94 sl 87


see what happened??
i still have a long 89.33
  • #12,377
  • Jan 13, 2009 5:47pm Jan 13, 2009 5:47pm
Quoting gsgg
Who play long ?
I have long 89.07 TP 90.50
good to see a polish face. Jak tam trading email me [email protected]
  • #12,378
  • Jan 13, 2009 5:50pm Jan 13, 2009 5:50pm
Still short . Lookin for 83 now before end of Q1. 8 day EMA is still capping the market well on 4h charts. This level at 88.88 could show a potential reversal to the 91 area, if 90 is taken to a close, which would be full of bears lookin to take down the dollar.

FYI - Hope you guys have been watching the pound crosses. They are getting killed - It's still not to late to short gbp/chf.

T.A.Y.O.R. of course
  • #12,379
  • Jan 15, 2009 4:10pm Jan 15, 2009 4:10pm
This looks like reversal on D1, but 90,00 should break for safe long entry...
Attached Image (click to enlarge)
Click to Enlarge Name: 2009-01-15_2305_UJ.png Size: 30 KB
  • #12,380
  • Jan 16, 2009 4:49pm Jan 16, 2009 4:49pm
End that was very nice entry at 90,00
...
Attached Image (click to enlarge)
Click to Enlarge Name: 2009-01-16_2343_UJ.png Size: 28 KB
27 traders viewing now