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USD/JPY Discussion

  • #14,481
  • Jan 19, 2010 9:53am Jan 19, 2010 9:53am
http://i45.tinypic.com/13z6a0l.jpg
  • #14,482
  • Jan 19, 2010 2:02pm Jan 19, 2010 2:02pm
Quoting TheArcher
http://i45.tinypic.com/13z6a0l.jpg
Archer...I'll probably start looking to go long in a few hours, seems the trend has shifted...I would of taken the first close above the resistance line you have as an entry point...I think price could easily drop back to that area before moving up anymore
  • #14,483
  • Jan 19, 2010 8:42pm Jan 19, 2010 8:42pm
I don't think this is coming back <91.00 for a while...still, I'm being a little cautious around it. Not trading this pair until there's more of a clear direction present.
  • #14,484
  • Jan 19, 2010 9:00pm Jan 19, 2010 9:00pm
Quoting Kas1
Archer...I'll probably start looking to go long in a few hours, seems the trend has shifted...I would of taken the first close above the resistance line you have as an entry point...I think price could easily drop back to that area before moving up anymore
I entered long at the same price as you at 91.20. I think 91.40-9160 would be a good take profit.
Where there is a will there is a way...
  • #14,485
  • Jan 19, 2010 9:05pm Jan 19, 2010 9:05pm
Quoting nimmu1982
I entered long at the same price as you at 91.20. I think 91.40-9160 would be a good take profit.
I also entered swing long first TP 91.63





Cheers and happy piping
"Buy on fear, sell on greed !!!
  • #14,486
  • Jan 19, 2010 9:05pm Jan 19, 2010 9:05pm
Quoting nimmu1982
I entered long at the same price as you at 91.20. I think 91.40-9160 would be a good take profit.
...pending long 91.23..I agree with 9140 area tp...looks like Archer beat me to it
  • #14,487
  • Jan 19, 2010 10:40pm Jan 19, 2010 10:40pm
same here long with 91.62 tp
Just remember, when you think all is lost, the future remains
  • #14,488
  • Jan 19, 2010 11:09pm Jan 19, 2010 11:09pm
Kas1 and nimmu1982 .... thanks for the well meaning and reassurings ...

wishing u great success too ...



at that point in time .. the probability was high .... lets see how it plays out after almost 13 hrs.....

http://i45.tinypic.com/zxw36b.jpg
  • #14,489
  • Jan 19, 2010 11:17pm Jan 19, 2010 11:17pm
Possible Long here shortly after a little drop
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  • #14,490
  • Jan 19, 2010 11:21pm Jan 19, 2010 11:21pm
http://i47.tinypic.com/95xyxf.jpg


momentum seems weaker .... but i'll just stay the original course ... as my initial 'reading' didn't pan out ... this will be just 'bonus' ....

caveat emptor --- this is demo trade
  • #14,491
  • Jan 19, 2010 11:32pm Jan 19, 2010 11:32pm
Honored

for thoughts ...

i am looking at it like this on the daily ...

but will be happy if i get my 20pips scalping that is still opened for now by ur thoughts ..



http://i50.tinypic.com/2rfydll.jpg
  • #14,492
  • Jan 19, 2010 11:38pm Jan 19, 2010 11:38pm
You should get your 20 pips easily, but JPY and USD are both strong today, so therefore no momentum. I am hoping JPY weakens during the London Session, so we might see some bull pattern till 91.60 not more than that. I am switching my trade to GBPUSD as GBP is weaker tonight and got some news coming today
  • #14,493
  • Jan 19, 2010 11:40pm Jan 19, 2010 11:40pm
Quoting Honored
You should get your 20 pips easily, but JPY and USD are both strong today, so therefore no momentum. I am hoping JPY weakens during the London Session, so we might see some bull pattern till 91.60 not more than that. I am switching my trade to GBPUSD as GBP is weaker tonight and got some news coming today


Honored ...may u be Honoured !
  • #14,494
  • Jan 20, 2010 5:22am Jan 20, 2010 5:22am
holding short targeting 90.62,break of this...hope 2c 90.30
  • #14,495
  • Jan 20, 2010 7:02am Jan 20, 2010 7:02am
long 90.90 61.8fibo going to 91.30, 40 pips
  • #14,496
  • Jan 20, 2010 7:40am Jan 20, 2010 7:40am
so,...the news didn't bring impuls to go up or down.What we do now?...
  • #14,497
  • Jan 20, 2010 8:10am Jan 20, 2010 8:10am
Quoting macher
so,...the news didn't bring impuls to go up or down.What we do now?...
just do smthing else and come back later...
  • #14,498
  • Jan 20, 2010 8:37am Jan 20, 2010 8:37am
how it's possible doing something else? earning some many is such exciting)
  • #14,499
  • Jan 20, 2010 8:40am Jan 20, 2010 8:40am
first target is than- 40pips in 1,5h it's not bad
  • #14,500
  • Jan 20, 2010 8:55am Jan 20, 2010 8:55am
Quoting meje
holding short targeting 90.62,break of this...hope 2c 90.30
what do U think to place waiting order (long) now: buy 91.27/29 tp 91.55? to get extra 25pips.
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