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USD/JPY Discussion

  • #21,061
  • Nov 1, 2010 3:11pm Nov 1, 2010 3:11pm
Because only forex traders know what forex traders are going through, so therefore there is forum love

Quoting georgem
Yes, rule nr.1.... dont listen to anybody ...
what I am doing in this forum I cant even say... probably I just like to be among equal forex traders.

Misery loves company... or how do they say...
  • #21,062
  • Nov 1, 2010 5:28pm Nov 1, 2010 5:28pm
After the breif spike yesterday gettting everybody geee up this pair proves again forex is sometimes not logical !
who raped silver !
  • #21,063
  • Nov 1, 2010 5:55pm Nov 1, 2010 5:55pm
Quoting kfx3001
After the breif spike yesterday gettting everybody geee up this pair proves again forex is sometimes not logical !
sometimes?

I would say it is never logical... it only appears so in the eye of the beholder..
this pig cannot be slaughtered for ever... or can it?
  • #21,064
  • Nov 1, 2010 8:13pm Nov 1, 2010 8:13pm
UJ no direction?

Could be that the big money are off the table waiting for better spot to re-enter.
Or it could be that the FOMC is looming and they dont want caught with pants down.
  • #21,065
  • Nov 1, 2010 8:19pm Nov 1, 2010 8:19pm
no direction right now... but lets post again in 1 hour... tokio is just waking up.
this pig cannot be slaughtered for ever... or can it?
  • #21,066
  • Nov 1, 2010 9:18pm Nov 1, 2010 9:18pm
Well I think this song will speak for uj

Inserted Video
Know when to hold em, Know when to fold em!
  • #21,067
  • Nov 1, 2010 9:20pm Nov 1, 2010 9:20pm
Quoting BurgerKing
UJ no direction?

Could be that the big money are off the table waiting for better spot to re-enter.
Or it could be that the FOMC is looming and they dont want caught with pants down.

What better spot could there be??? It is so damn low i dont think that will make a damn difference.
Know when to hold em, Know when to fold em!
  • #21,068
  • Edited 9:47pm Nov 1, 2010 9:29pm | Edited 9:47pm
ok .. looks like a nice ascending triangle is forming ...

will it be bullish ... ?

will it breakout ...?
Attached Image(s) (click to enlarge)
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  • #21,069
  • Nov 1, 2010 9:34pm Nov 1, 2010 9:34pm
can any VSA exponents can give us a study of this accumulation pattern and if this justifies the above ascending triangle theory .... ?

a chart will be useful ..

thanks
  • #21,070
  • Nov 1, 2010 9:35pm Nov 1, 2010 9:35pm
Quoting TheArcher
ok .. looks like a nice ascending triangle is forming ...

will it be bullish ... ?

will it breakout ...?

This is broken down from a daily chart the trenlines cut off will clearly show break out bullish pattern is emerging.
Attached Image (click to enlarge)
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Know when to hold em, Know when to fold em!
  • #21,071
  • Nov 1, 2010 9:45pm Nov 1, 2010 9:45pm
Noda Says Government Is Ready to Take Action on Currency If Necessary...


Boring.......
  • #21,072
  • Nov 1, 2010 9:49pm Nov 1, 2010 9:49pm
Quoting goods
This is broken down from a daily chart the trenlines cut off will clearly show break out bullish pattern is emerging.

Or nice looking Bear Flag (i hope not).
  • #21,073
  • Nov 1, 2010 9:54pm Nov 1, 2010 9:54pm
Quoting 00montie
on the right hand side of the chart where the levels are, click and hold the mouse down and drag the arrow down, that should do it
wow, thanks, really, i tried many things, not knowing it would be so easy...
  • #21,074
  • Nov 1, 2010 9:58pm Nov 1, 2010 9:58pm
Quoting Hugo Boss
Noda Says Government Is Ready to Take Action on Currency If Necessary...


Boring.......
well , at least his verbal threats are making the shorties ,for the moment, stop and ponder

cheeky
  • #21,075
  • Nov 1, 2010 11:29pm Nov 1, 2010 11:29pm
Man... how many thousand times has he said that?

Quoting Hugo Boss
Noda Says Government Is Ready to Take Action on Currency If Necessary...


Boring.......
  • #21,076
  • Nov 1, 2010 11:34pm Nov 1, 2010 11:34pm
Quoting JollyBean
Man... how many thousand times has he said that?
That's the only sentence they need to learn to become ministers in the JP government.
He learn it from his predecessor and will pass it on to his successor,etc...
  • #21,077
  • Nov 1, 2010 11:37pm Nov 1, 2010 11:37pm


Quoting pqt
That's the only sentence they need to learn to become ministers in the JP government.
He learn it from his predecessor and will pass it on to his successor,etc...
  • #21,078
  • Nov 2, 2010 12:49am Nov 2, 2010 12:49am
Quoting pqt
That's the only sentence they need to learn to become ministers in the JP government.
He learn it from his predecessor and will pass it on to his successor,etc...
sigh ..... !

wish were born a Japanese ....

could apply for the post of the minister .... its very easy being finance minister , isn't it ......

sigh ....

maybe will try it in the next birth ... sigh !
  • #21,079
  • Nov 2, 2010 1:19am Nov 2, 2010 1:19am
Quoting Hugo Boss
Noda Says Government Is Ready to Take Action on Currency If Necessary...


Boring.......
That was repeated for a month...Then retail treader concluded that bottom line is 82 ..then 81 ...then 80 ..then 79...then....?

...in meanwhile Noda is repeating same thing....
The Market pays you to be disciplined
  • #21,080
  • Nov 2, 2010 1:25am Nov 2, 2010 1:25am
Quoting mima
That was repeated for a month...Then retail treader concluded that bottom line is 82 ..then 81 ...then 80 ..then 79...then....?

...in meanwhile Noda is repeating same thing....
Well, I have come to believe this:

For a retail trader 100 pips is like a big mountain, or a long voyage to unknown territory...

for a central bank 100 pips is probably not even on the measuring scale.

We retail traders count pennies... but they count in bigger numbers...
this pig cannot be slaughtered for ever... or can it?
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