Yen Update (USDJPY, EURJPY, GBPJPY & AUDJPY)

Australian dollar may reach its lowest level since April, the month against a background of growth implied volatility. The implicit volatility of options on three-month Australian dollar coupled with yen today on the threshold of growth - she came right up to resistance, which is 76.4% Fibonacci rollback of the maximum 53.31% in October. The implicit volatility today has grown to 23.5% compared to 21.2% on 12 August. The bank believes that the movement to the new minimum is losing momentum. If volatility increases, in the next few weeks the Australian dollar against the yen falls to 200-day moving average, which takes place at the level of 68.7, as the correlation between volatility and a pair of inversely proportional. In addition, the note at the bank, the combination of falling stocks and declining commodity prices is a signal to reduce the Australian dollar against the yen. The fall in commodity prices will not support any Australian dollar, the decline in equity markets is likely to positively impact on the Japanese currency. Australian dollar coupled with yen now trading at 77.99. From April-month increase in Australia's currency against the yen was 13%.

http://7288193611284205983-a-1802744...D41sHSSvCnAck8

hi. new setup
long 1D GBPJPY

enjoy

still in 151.25

gbpjpy still in long 1d bought @150
trg range 153-154. let's see how long it takes ....

took short gbp/jpy

http://4.bp.blogspot.com/_zypjo-S_NO...4+04-09-09.gif

i will cadjpy take short by sell limit on fibo 61% !

...i'm scared about my predictions...
too accurate in the past days...

prob. i'll have a black oct.

Is uy ready to continue south?

& Will cy continue upward today?

Nice looking indi, was it free?

Hi, I'm a neophyte here and I wanted to learn more about this topic. All of the yen pairs are good, well, all of the pairs have its own advantages and disadvantages.

I just shorted AUD/JPY @ 84.53, stop 85.00 on aussie/gold divergence and test of resistance at 84.50 on weekly.

I attached my weekly chart here showing what I see. I wrote a more detailed post at http://www.quantisan.com/paper-trade...53-stop-85-00/ for anyone interested.

Any feedback is appreciated.

added on my AUDJPY short, avg price now 84.40

my trailing stop got filled overnight for 2/3 of my position in AUD/JPY short, +19 and +22 pips

added some back @ 83.60 just now in the morning and moved stops on previous 1/3 to lock in some profit

closed 1/2 of AUDJPY short for +59 pips, winding down this position as 83.50 support is holding

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momentum divergence

.

stopped out of last 1/2 of AUDJPY short overnight for -40 pips, let's see if this thing can hold the double top

flat now but waiting to re-enter short

[edit] I entered AUDUSD short yesterday, so no need to rush this one

have been watching the 30-min on AUDJPY, I just re-entered short @ 84.52, stop 85.00

my setup is still holding so I'm shorting it on INITIAL short-term and inter-market confirmations. A small position only as the writing isn't on the wall yet.

I have updated charts for the short term and intermarket signals posted at http://www.quantisan.com/paper-trade...84-52-stop-85/

I'm not repeating here as this is the same setup as I wrote in a previous reply.

looks like I was too hasty, stopped out of AUDJPY @ 85.00 for -48 pips

will only enter if it turns down

I had initiated a small trade of two positions on the 5th, one at 84.15 and the other at 83.80 and woke up to both in decent pips but later in the day price pullback got fairly strong and pretty much ate that profit, I ended up getting some small amount, I usually do not allow a trade in profit by more than 50 pips to go red, I'll take the zero but those trades in my opinion have a tendancy to keep right on going against you in my experience, especially when they are counter to the daily,, and in my opinion the short side was done with the up candle closing at 83.95 ish, candle closing above the 5/8ma on 3hr chart. I waited for a pullback on the next candle and started setting up a long trade that worked out very well and have closed that position as things appear to be overbought on the 1hr, 3hr, and close enough for me on the daily for this move as I'm playing it. I see and hear everyone shorting Aud like its gonna drop like a stone in the next 20 minutes. My opionion your playing the pick the top game if your doing it with any amount of leverage,, my test shorts were at 1:1 and any position I take on the short side will remain at 1:1 until price has closed below the 5/8ma on the daily at a minimum as your only catching corrections and if using only one account missing the best entry for longs as your tied up with shorts that end up vaporizing. The daily trend has been up since mid Dec with not even a try at breaking the 5ma (my charts), why buck the trend? If/when it turns there will be plenty of pips waiting. I prefer getting stopped out by an actual trend reversal based on the mas whatever timeframe one is using (3hr and up). I may have an idea of where we might be tomorrow or the next day but I trade what is happening now and am quick to change if/when necessary as the market rarely does exactly what I think it will. Good Trading!