USD/JPY Discussion | Page 622 | 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

  • #12,421
  • Jan 27, 2009 5:37am Jan 27, 2009 5:37am
I think there could be another test of 88,10 area.
On H1 looks like this is a triangle breaokout upside, but now it could be bearish flag pattern.
  • #12,422
  • Jan 27, 2009 6:30am Jan 27, 2009 6:30am
Quoting nicotine
on H4 chart, it says that downtrend will start again in 10 hours.and i think target is 87.50.( my opinion)
I also think that we can see another try to go up to 89.7 - 90 area in 1-2 hours, and the downtrend should resume.
"Don't forget to enjoy your life"
  • #12,423
  • Jan 27, 2009 9:18am Jan 27, 2009 9:18am
and down we go .
  • #12,424
  • Jan 28, 2009 7:48am Jan 28, 2009 7:48am
small lot
direction testing
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy_ff_.gif Size: 31 KB
  • #12,425
  • Jan 28, 2009 1:50pm Jan 28, 2009 1:50pm
lovely today
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy_ff_1.gif Size: 31 KB
  • #12,426
  • Jan 29, 2009 3:55am Jan 29, 2009 3:55am
Quoting arthurb
lovely today
Hi arthurb,

could you explain why do you prefer trading USD/JPY pair?

I'm just getting to understand it. While live trading for more than a year.
"Don't forget to enjoy your life"
  • #12,427
  • Jan 29, 2009 5:17am Jan 29, 2009 5:17am
Quoting Mb-kz
Hi arthurb,

could you explain why do you prefer trading USD/JPY pair?

I'm just getting to understand it. While live trading for more than a year.
i used to have one account only for the yen for quite some time , when the carry trade was well alive , if you know what it i mean.

now i use this account only for the eur/jpy, usd/jpy and eur/chf only

i consider jpy as a fear factor, therefore i mainly use it for news trading, and yen is kindda goldish right now or safe heaven as many call it.

also yen responds very good to certain levels of sup/res, is highly technical traded and i trade it short to long term.

so it is easy for me to trade with everything happening since august 08, fundamentally and technically yen suits my style, therefore i trade it.

regards
Arthur
  • #12,428
  • Jan 29, 2009 5:49am Jan 29, 2009 5:49am
Ok, thank you for detailed answer to my question. It was really hard for me to understand the movements in this pair. Even understanding crosses was easier for me.

You mean carry trade is dead because of US and Japanese interest rates at one level? Or because of "risk aversion" in general?
"Don't forget to enjoy your life"
  • #12,429
  • Jan 29, 2009 6:05am Jan 29, 2009 6:05am
Just went long @ 89.7
"Don't forget to enjoy your life"
  • #12,430
  • Jan 29, 2009 6:38am Jan 29, 2009 6:38am
Moved stop to BE. And I'm off to a movie theater.

Easy pips to All.
"Don't forget to enjoy your life"
  • #12,431
  • Jan 29, 2009 9:27am Jan 29, 2009 9:27am
Hi "arthurb" and "gsgg" u are wonderful..

Could u plz ezplain me.. what programs u use?.. how do u use those?.. and how u find the targets?


Thx for answer..

{sorry, my bad english}
  • #12,432
  • Jan 29, 2009 9:32am Jan 29, 2009 9:32am
GMT16:29 short at 89.92
  • #12,433
  • Jan 29, 2009 10:27am Jan 29, 2009 10:27am
Quoting ernis22
Hi "arthurb" and "gsgg" u are wonderful..

Could u plz ezplain me.. what programs u use?.. how do u use those?.. and how u find the targets?


Thx for answer..

{sorry, my bad english}
This is only AT
  • #12,434
  • Jan 29, 2009 10:53am Jan 29, 2009 10:53am
"gsgg" yes, I know that..


but what indicator u use? for exaple in your chart..
  • #12,435
  • Jan 29, 2009 12:52pm Jan 29, 2009 12:52pm
Quoting ernis22
"gsgg" yes, I know that..


but what indicator u use? for exaple in your chart..
This is to depend what the market activity
  • #12,436
  • Jan 29, 2009 4:44pm Jan 29, 2009 4:44pm
i went long @89.93 , anyone long or short ?
  • #12,437
  • Jan 29, 2009 7:09pm Jan 29, 2009 7:09pm
Quoting ukiukifx
GMT16:29 short at 89.92
GMT 02:04 closed at 89.53

good luck to you all
  • #12,438
  • Jan 29, 2009 11:07pm Jan 29, 2009 11:07pm
My long from yesterday was stopped out at breakeven.

Just went long @ 89.37, 35 pip stop loss.
"Don't forget to enjoy your life"
  • #12,439
  • Jan 29, 2009 11:31pm Jan 29, 2009 11:31pm
I think SHORT

Now testing Fibo FE 61.8(89.33) and ~25% broken down to FE 100(88.83)

maybe - probably down to the FE 161.8(88.03)

PS. 1H chart
  • #12,440
  • Jan 29, 2009 11:44pm Jan 29, 2009 11:44pm
I'm using mostly RSI, trendlines, channels for USD/JPY. If the hour will close below 89.33, then maybe I'll close that long. If it will close above, I'll hold it for at least another hour.
"Don't forget to enjoy your life"
97 traders viewing now