USD/JPY Discussion

remember to use money management guys , this pair will absolutely goes north but not in a very short time, while we are waiting chopy trend can happen anytime.

Any ideas where this pair is heading? My hunch is a drop to 91.xx / 90.xx area before a sharp rally to 95.20 area. Currently I'm buying at dips. There is a rumour that this pair is going 100.00 by end of this year.

Entered short position @ 93.60. TP @ 92.85. The daily candle chart shows weakness. Hopefully It'll go down further.

TODAY The USD / JPY = 93.6! ! !
is it a sign of elevations because of the news or soon will reach 95??

@USD/JPY: i also dont know where this level is heading, but this drop to 92.60 i take this chance to take another long.

Good for the U.S. currency!
Jobs for all, this is the solution!

http://www.marketwatch.com/story/hir...ear-2010-05-11

What can I say yet...this time I have right, next mayby U but I hope I'll have again) good ride guys

open longs now 92.60 sl 92.50

Derivative of Retail Sales that excludes the Automobile Sales component. Automobile Sales make up roughly 25% of Retail Sales, but they can be very volatile from month to month and can distort the picture. Retail Sales with the exclusion of this volatile component is thought to be a better indicator of the underlying trend in consumer spending.

Forecast: Core: 0.6

A deviation of 1.1 should move the USDJPY 60 pips

A deviation of .7 should move the USDJPY 40+ pips

Retracements are not predictable.

USDJPY Retail positioning stands at 1.6 as there are 1.6 buyers for every 1 seller.

The retail positioning ratio signifies that if there is a - deviation > 1.1 and price breaks 92 stops will be probably be hit and price will continue lower.

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Made some nice pips on the way down. Market seems ambiguous. Daily candle is bearish but many people are buying this pair. Maybe its time to build long positions for 100.00 ? We shall see. I am buying at dips for now.

nice trade on the sell

its ranging from 92.50 - 93.50 ... good plan with your buys atm

http://1.bp.blogspot.com/_8texnURUcC.../BlogForex.bmp

I suspect that it's building short term downward momentum.

this pair goes up soon!
The Japanese government has said the value of 95 is ideal for exporting Japanese products.
The barrier is 92.00 (intervention below this value). Beware!!

Good news. I'm buying at dips.

Watch the daily candle. A closing candle below 92.10 will start a short term bearish trend testing the lows of 91.xx and 90.xx levels. A closing candle above 93.40 will start a short term bullish trend testing 95.xx/96.xx levels.

Am I WRONG??
I have seen it BEFORE!
ELSE WERE THE CRISIS IN EUROPE, I'D ALREADY BUYING ALL THIS PAIR!

http://www.google.com/images/cleardot.gif

I dunno where the market will go until a day candle shows some sign as stated above. Otherwise its whipsawing between 93.60 and 92.20.

Intervention Japanese ! ! ! will it happen?

http://www.fxstreet.com/technical/fo...05-14.v02.html

I really dunno about the intervention. There's an old saying: "Buy on rumor, sell on fact". Perhaps its true?

HAMMER - REVERSAL OF TREND BULLS AND BEARS......