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USD/JPY Discussion

  • #14,061
  • Dec 8, 2009 5:34am Dec 8, 2009 5:34am
gap now closed nice ride down
  • #14,062
  • Dec 8, 2009 6:42am Dec 8, 2009 6:42am
Quoting francis2
gap now closed nice ride down
my short target was hit...+4%
  • #14,063
  • Dec 9, 2009 6:24am Dec 9, 2009 6:24am
two nice trades short 6.30 and 8.15 gmt based on 5 min chart just waiting now to see if its short again roughly 87.92
  • #14,064
  • Dec 9, 2009 6:34am Dec 9, 2009 6:34am
short for 20 pips from 87.90
  • #14,065
  • Dec 9, 2009 8:48am Dec 9, 2009 8:48am
short 87.82 break of trend line
  • #14,066
  • Dec 9, 2009 9:21am Dec 9, 2009 9:21am
Quoting TheArcher
er... abit lost here ... not familiar with the jargon ...care to elaborate or post a chart .. please..

Hey TheArcher

Here you go

garagman
Attached Image
  • #14,067
  • Dec 9, 2009 9:53am Dec 9, 2009 9:53am
out -12 not going down just yet!
  • #14,068
  • Dec 9, 2009 5:58pm Dec 9, 2009 5:58pm
Quoting francis2
out -12 not going down just yet!
...mite end up dropping more sometime in the next 24hrs I think...waiting on the sidelines
Attached Image (click to enlarge)
Click to Enlarge Name: uj.gif Size: 13 KB
  • #14,069
  • Dec 10, 2009 1:06am Dec 10, 2009 1:06am
Any Advice on which way USDJPY today? Thanks.
Where there is a will there is a way...
  • #14,070
  • Dec 10, 2009 2:13am Dec 10, 2009 2:13am
Quoting garagman
Hey TheArcher

Here you go

garagman

thanks ... but i don't see any image .. just blank .... with message .."unknown file format or file not found ! "
  • #14,071
  • Dec 10, 2009 2:18am Dec 10, 2009 2:18am
Quoting nimmu1982
Any Advice on which way USDJPY today? Thanks.

my thoughts ...looking at the 1hr and 4hr charts .. looks like it is doing sideways .. have to wait and see how it develops ...
  • #14,072
  • Dec 10, 2009 4:29am Dec 10, 2009 4:29am
Quoting TheArcher
my thoughts ...looking at the 1hr and 4hr charts .. looks like it is doing sideways .. have to wait and see how it develops ...
Thanks, i went long though and took 30pips, still looks like its moving up. but i expect a bit of retrace and watch how price action forms.
Where there is a will there is a way...
  • #14,073
  • Dec 10, 2009 8:00am Dec 10, 2009 8:00am
Hey TheArcher

I don't know how can I attach a chart-picture. It helps if you can guid me

BTW, I'm still short
  • #14,074
  • Dec 10, 2009 10:46am Dec 10, 2009 10:46am
Quoting garagman
Hey TheArcher

I don't know how can I attach a chart-picture. It helps if you can guid me

BTW, I'm still short
the way I do it:

a) if MT4, save the chart on ur PC. otherwise "Screen Capture" the picture --PrtSc button -- and save it on ur PC in Paint
b) upload to image hosting site like www.tinypic.com (open an account if u don't have any)
c) copy "IMG Code for forums ..."
d) in the FF message board click on the "mountain" button (insert image) and paste the code .

remember to remove [IMG] and [/IMG] from the code

hope this helps ..

this is how I have been doing it ... perhaps others might have a simpler version .. open to learning new methods too ...
  • #14,075
  • Dec 10, 2009 10:52am Dec 10, 2009 10:52am
Quoting nimmu1982
Thanks, i went long though and took 30pips, still looks like its moving up. but i expect a bit of retrace and watch how price action forms.
good for u ...

with the current uptrend showing on the 1hr chart ... 88.52 looks like a good resistance with the strong support at about 88.07 .... i'll take my time to see how it develops ..
  • #14,076
  • Dec 10, 2009 1:47pm Dec 10, 2009 1:47pm
Quoting Kas1
...mite end up dropping more sometime in the next 24hrs I think...waiting on the sidelines
...no confirmation on the short today...i think its been in a choppy uptrend on the 1hr probably because there is bearish demand on the daily...next 24hrs looks like the same thing...i run from ranges.
Attached Image (click to enlarge)
Click to Enlarge Name: uj.gif Size: 17 KB
  • #14,077
  • Dec 10, 2009 9:18pm Dec 10, 2009 9:18pm
looks to me like it broke out of its range on the 4hr, might be able to go long on the 15min...low volume on the daily chart though...
Attached Image (click to enlarge)
Click to Enlarge Name: uj.gif Size: 11 KB
  • #14,078
  • Dec 10, 2009 10:19pm Dec 10, 2009 10:19pm
http://i47.tinypic.com/24z8y1z.jpg

Hey TheArcher
done. thanks.
explanation you allready have
http://www.forexfactory.com/[IMG...om/24z8y1z.jpghttp://www.forexfactory.com/[IMG...om/24z8y1z.jpghttp://tinypic.com/r/24z8y1z/6
  • #14,079
  • Dec 10, 2009 10:41pm Dec 10, 2009 10:41pm
I have been shorting it to scalp some points yesterday,but the not very good data yesterday did not push it down. So I will change to long this pair in a bit long term until 86.60 is broken.
  • #14,080
  • Dec 10, 2009 10:58pm Dec 10, 2009 10:58pm
Quoting garagman

Hey TheArcher
done. thanks.
explanation you allready have
http://www.forexfactory.com/[IMG...om/24z8y1z.jpghttp://www.forexfactory.com/[IMG...om/24z8y1z.jpghttp://tinypic.com/r/24z8y1z/6
interesting x model, z model concept...not really sure what the indicator at the bottom is for...lots of numbers...i think the pair is in a downtrend long term...doesn't mean i won't be buying
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