USD/JPY Discussion

hallo everyone.. good day today...

I lil bit modeling the ways for todays market...

I hope I didn't some mistake..

Buy U/J @ 89.53
SL @ 89.39
TP @ 89.80

Though with the US housing data coming out in 1H 20M I may close the position early

I think we have a breakout there.. 89.50 but don't forget in this moment is a consolidation in M15

Volatility a lil bit going up.. so I think we gonna DOWN.. and TARGET is 89.14

But.. maybe u are right...

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If arthurb was right.. Target goes to FE 261.8 (88.09+2 spread)

GMT15:42 closed at 89.03

good luck to you all

Greets all..


At this moment I don't know where the market goes.. :nerd:

But I have a 3 scenarious on this..

1st for LONG now UJ trying breakup ~89.27 and I think hi stops in 85.50

2nd for LONG breakup ~89.27 and don't stop in 85.50 but goes to ~89.79

3rd for SHORT a lil breakup ~89.27 and reverse in short.. and goes to 1st Target ~89.02; 2nd Target 89.59


Like said fundamental analize.. today is better to SELL USD


Any suggestion...?

Short @ 89.60
TP @ 89.20
SL @ 89.80

Closed out my position early @ 89.29 so I didnt get caught with my pants down during my brokers rollover period...... not worth it

selling - usd/jpy
sell usd/jpy - buy at 88,80, then look at picture to follow route

how did you come up wt that chart? or what time frame is that? thanks

Yes.. that question is good.. What indicator he uses..??? something like future price shower...



He use a M15 chart

Sold @ 89.32
TP @ 89.14 or 88.95
SL @ 89.42

I think it may encounter resistance around 89.14/15 area and then move lower to 88.95-65 area..... watching this one closely as it could go nice and deep to around 65 but may encounter a strong area of buying at these levels and turn very fast.....

humm.. maybe..

I take a H4 chart and drop a HH trendline 09.01.18 to 09.01.20 and I think Target can be a ~88.22

I dont like trading on such long time frames like 4 hours....... i like to be able to keep my stops real tight in the 10-25 pip range and targets in the 15-50 point range

wow what was that 140 pip move last night!?!?

It is because the ECB don't cut rates in this mount.. expected in March about 1%

BoE today cut rates 0.50%

and that is the reason to sell Euros.. and buy Dollars


I think nothink frorgot..

hi alls i am very afraid and amazing coz about in 1-2 hour jpy pairs very up i am check forexfactory news i do not see any news i do not know why jpy pairs very up? anybody know?

just put my short in at 91.60, SL 91.89. go go retrace!

I think it will be going up, even till selected area because last resistance zones were easily broken.

I am switching up and down for the last week and think that now I'm in the right direction which is up, had 2 break even and one 20pips loser. now am 158 pips in profit hoping to get 300 this trade is 50 pips in profit stop/loss.

It just hit my 300 pips profit objective and I am going to wait for couple of days on this pair and see what develops.