Attachments: USD/JPY Discussion

USD/JPY Discussion

#14,581
Jan 23, 2010 11:24pm Jan 23, 2010 11:24pm

Honored
| Joined Dec 2009 | Status: Trader | 597 Posts

Quoting nimmu1982

Disliked

UJ is definitely in an obvious downtrend, break of 90.00 level and close below it is a major signal that this thing is going down. I believe it should dance and head to 86 at least next week. I'm in a sell from 90.28.. I could not break even because the market closed. Will be looking for a break even 1st thing market starts tomorrow and keep it running.

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Ignored

Why do you want to break even? Aren't you in profit right now ?
I totally agree with the downtrend but i dont think it will go down to 86.XX with the USD strength in place and expected to continue next week, so 88.xx makes sense to me. GL taking profits to all traders.

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#14,582
Jan 23, 2010 11:41pm Jan 23, 2010 11:41pm

uraceulose
Joined Nov 2009 | Status: Thx G, Malc, D55, Fontu & Hatch | 3,196 Posts

Quoting wwwin

Disliked

Thanks. Here an article that I found on the subject. Things could get interesting soon. I love volatility.
http://news.forexdistrict.com/2010/f...amental-event/

Ignored

Thanks man, by the way. I am following along in your blog every day. Thank you again.

Donnie

#14,583
Jan 23, 2010 11:45pm Jan 23, 2010 11:45pm

cmellon
| Joined Sep 2008 | Status: Trader | 7 Posts

Quoting Honored

Disliked

Why do you want to break even? Aren't you in profit right now ?
I totally agree with the downtrend but i dont think it will go down to 86.XX with the USD strength in place and expected to continue next week, so 88.xx makes sense to me. GL taking profits to all traders.

Ignored

Thanks for reposting my chart from my blog and DailyFX forum. It would be awesome if you could give credit to the original creator of the chart. Sean Hyman from DailyFX perhaps also deserves some credit for his chart.

Cmellon

#14,584
Jan 24, 2010 12:17am Jan 24, 2010 12:17am

Honored
| Joined Dec 2009 | Status: Trader | 597 Posts

Quoting cmellon

Disliked

Thanks for reposting my chart from my blog and DailyFX forum. It would be awesome if you could give credit to the original creator of the chart. Sean Hyman from DailyFX perhaps also deserves some credit for his chart.

Cmellon

Ignored

Oh i didnt know it was ur blog. i just seen it now

Good chart http://cdn.forexfactory.com/images/icons/icon14.gif. I cant wait for next couple weeks, to catch the uptrend

#14,585
Jan 24, 2010 12:21am Jan 24, 2010 12:21am

wormboy
Joined Jan 2009 | Status: Not bothered. | 18,084 Posts

Quoting cmellon

Disliked

Thanks for reposting my chart from my blog and DailyFX forum. It would be awesome if you could give credit to the original creator of the chart. Sean Hyman from DailyFX perhaps also deserves some credit for his chart.

Cmellon

Ignored

Hello cmellon,

I remembered you labelling your chart with your id before when Tmac was using your delta charts without permission to post on my thread. I believe you should continue to do so. There are far too many posers in this forum that steal other's work.

Thank You

#14,586
Jan 24, 2010 12:31am Jan 24, 2010 12:31am

cmellon
| Joined Sep 2008 | Status: Trader | 7 Posts

Quoting wormboy

Disliked

Hello cmellon,

I remembered you labelling your chart with your id before when Tmac was using your delta charts without permission to post on my thread. I believe you should continue to do so. There are far too many posers in this forum that steal other's work.

Ignored

Hi wormboy,

Yes, I do remember you

Will continue to do so.
Happy trading to everyone.

#14,587
Jan 24, 2010 12:44pm Jan 24, 2010 12:44pm

Kas1
| Joined Oct 2008 | Status: Trader | 1,177 Posts

...I think this pair will range for a while, then most likely breakout short...the daily looks like its dropping with volume...mite be a reverse to 9140 area so i'll be looking out for that as well...

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#14,588
Jan 24, 2010 1:33pm Jan 24, 2010 1:33pm

Honored
| Joined Dec 2009 | Status: Trader | 597 Posts

I am sure it will range, and i hope it does go up til 91.40

Anyone knows where i can find the live rates over the weekend ?
what is UJ right now ?

#14,589
Jan 24, 2010 1:41pm Jan 24, 2010 1:41pm

wwwin
| Joined Oct 2006 | Status: Trader | 1,946 Posts

Quoting Honored

Disliked

I am sure it will range, and i hope it does go up til 91.40

Anyone knows where i can find the live rates over the weekend ?
what is UJ right now ?

Ignored

http://www.fxstreet.com/rates-charts/currency-rates/

#14,590
Jan 24, 2010 6:55pm Jan 24, 2010 6:55pm

bshcom
| Joined Aug 2006 | Status: bshcom | 131 Posts

Quoting cmellon

Disliked

Hi wormboy,

Yes, I do remember you Will continue to do so.
Happy trading to everyone.

Ignored

hi cmellon
found your blog
very nice and very good imformation
keep up this good work
i will check that blog every day

#14,591
Jan 24, 2010 7:06pm Jan 24, 2010 7:06pm

bshcom
| Joined Aug 2006 | Status: bshcom | 131 Posts

maybe need a little retrace before can break fridays low
and continue lower

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#14,592
Jan 24, 2010 7:53pm Jan 24, 2010 7:53pm

nimmu1982
| Commercial User | Joined Dec 2009 | 91 Posts

I'm still on the sell trade from Friday at 90.28, have it on break-even and i believe it should go down to 87 this week hopefully.

Where there is a will there is a way...

#14,593
Jan 24, 2010 8:04pm Jan 24, 2010 8:04pm

5abi
Joined Apr 2009 | Status: Technical Artist | 1,609 Posts

it has a good support on the 8870 handle. in fact i want to go long on this with that support as my s/l. but eventually you never know, 87 is technically possible. lots of BIG news this week from US

Quoting nimmu1982

Disliked

I'm still on the sell trade from Friday at 90.28, have it on break-even and i believe it should go down to 87 this week hopefully.

Ignored

Its all in the mind.