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USD/JPY Discussion

USD/JPY is acting crazy as JPY bank Holiday ....
Anyone see UJ more down to 88.20 ??
i think it is in consolidation state .... between 89.04 and 88.61 ... it needs to break support 88.61 .... given the sentiments of Obama's Asian Tour ... i guess there are more chances to move up above 89.04

until the two lines (89.04 and 88.61) break decisively, i am waiting for Mr.Market to tell how he is going to move
not yet
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Quoting pepbullish
not yet
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Attachment 365970
u are right, that's also a scenario that may unfold ... but i was looking at this ...

.. i suppose , its all in the hands of Mr.Market ... will take cue from him ..


http://i47.tinypic.com/2rdf2ug.jpg
UJ Touched again in 88.55....
but not broken...
The wk low of 88.564 has been broken. The pair has reached its lowest level in 6 weeks. The new wk low I see now is 88.549. My target is still 88.
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Quoting Kas1
The previous wk low of 88.564 has been broken. The pair has reached its lowest level in 6 weeks. The new wk low I see now is 88.549. My target is still 88.
when do you think 88.00 ??
Quoting citrusvtk
when do you think 88.00 ??
...1-3days
Shorted U/J @ 88.63 targeting 88.12
SL in @ 88.90

Maybe even target 87.30.... we'll see what happens this AM
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Quoting Dest_unknown
Shorted U/J @ 88.63 targeting 88.12
SL in @ 88.90

Maybe even target 87.30.... we'll see what happens this AM
hello dude..how are you...
you really do this short ?? 88.63 is not much low ???
not sure i understand your question but yes I have really taken the short at 88.63
off to work at the real job...... good luck all.....
gl, i am in usdchf
The highest LOW for UJ today touched in 88.35
NOW uj stop down ???

what everybody think ?..
what i think
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Quoting citrusvtk
The highest LOW for UJ today touched in 88.35
NOW uj stop down ???

what everybody think ?..
I believe there could be a trend change around 88. That area is where there was a bounce back in October. I expect some consolidation around there. If price wants to break through for a while, could go lower for a bit I think.
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I think U/J and all the other pairs are boring me right now..... closed out my short for +12...... will keep watching for anything new
Quoting Kas1
I believe there could be a trend change around 88. That area is where there was a bounce back in October. I expect some consolidation around there. If price wants to break through for a while, could go lower for a bit I think.
i agree with you man...but i believe 87.90 do not broken
Hey new to this thread. I trade this pair both on the 4 hour and the daily. On my daily strategy i've had a sell open since the end of October waiting to see what it does at next support and whole number 88.00.
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