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USD/JPY Discussion

  • #24,501
  • Jun 8, 2011 8:22am Jun 8, 2011 8:22am
Quoting realjumper
You sure you want to go long on EU? Does this not look like a bear flag?
Jumper, so far the "bear trap" is failing miserable, I'm back + 6 pips with my long.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #24,502
  • Jun 8, 2011 8:24am Jun 8, 2011 8:24am
Quoting KillerWhale
Jumper, so far the "bear trap" is failing miserable, I'm back + 6 pips with my long.
That's good. The heads up, was just that....a heads up

catch ya later
Doing what you like is Freedom. Liking what you do is Happiness.
  • #24,503
  • Jun 8, 2011 10:16am Jun 8, 2011 10:16am
the usd/jpy looks interesting now. It's one of the only Majors that banks think it can only go UP.

lookin to enter market for long term trade. Direction long


happy trading all
  • #24,504
  • Edited 12:45pm Jun 8, 2011 12:25pm | Edited 12:45pm
Quoting Praga
the usd/jpy looks interesting now. It's one of the only Majors that banks think it can only go UP.

lookin to enter market for long term trade. Direction long


happy trading all
That's real easy, enter the market just now with a BIG LONG, set you target @ 100.00 and wait.
Till when? My idea is till about the end of 2014, when the next US president has had 2 years to turn this economic disaster into a success.

Shamu
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  • #24,505
  • Jun 8, 2011 12:50pm Jun 8, 2011 12:50pm
Buy Limit @ 79.74.
  • #24,506
  • Edited 6:55pm Jun 8, 2011 4:13pm | Edited 6:55pm
Believe me or not, in another account I'm SHORT UJ from 79.95. (Just a scalp)



Edit: And almost 3 hours later, YES, I collected 5 pips. UGHHHHH!!!!

Shamu
New voice message: Why are you calling me? If I need you, I'll call you!
  • #24,507
  • Jun 8, 2011 7:41pm Jun 8, 2011 7:41pm
Quoting Astroman
Buy Limit @ 79.74.
Came close but did not get filled. Darn.
  • #24,508
  • Jun 8, 2011 8:03pm Jun 8, 2011 8:03pm
long usd/jpy from 80.01.

  • #24,509
  • Jun 8, 2011 8:06pm Jun 8, 2011 8:06pm
81 was my target for the week, who knows it might get back up there. Nice move right now.
  • #24,510
  • Jun 8, 2011 9:34pm Jun 8, 2011 9:34pm
Quoting Astroman
81 was my target for the week, who knows it might get back up there. Nice move right now.
That's a little too optimistic I guess. It has too break through some resistance first.
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New voice message: Why are you calling me? If I need you, I'll call you!
  • #24,511
  • Jun 8, 2011 9:50pm Jun 8, 2011 9:50pm
Yes it is but before the week started 81 was the number was what I was looking at the high end.
  • #24,512
  • Jun 8, 2011 10:08pm Jun 8, 2011 10:08pm
Quoting KillerWhale
That's a little too optimistic I guess. It has too break through some resistance first.
And there is a LOT of them judging from all those long upper wicks...
Make your losses in demo. Earn your profits live.
  • #24,513
  • Jun 8, 2011 10:11pm Jun 8, 2011 10:11pm
80.52---80.66, if this upward move continues, might be a very hard one to break.
  • #24,514
  • Jun 8, 2011 10:28pm Jun 8, 2011 10:28pm
Quoting Astroman
80.52---80.66, if this upward move continues, might be a very hard one to break.
Not sure if it's going to continue. This upward move was pretty much AUD inspired. Now that AUD is ready to reverse, UJ will probably follow. *sigh*
Make your losses in demo. Earn your profits live.
  • #24,515
  • Jun 8, 2011 10:32pm Jun 8, 2011 10:32pm
Quoting Forexia
Not sure if it's going to continue. This upward move was pretty much AUD inspired. Now that AUD is ready to reverse, UJ will probably follow. *sigh*
I agree....this move hasn't really looked very convincing at all....right from the get go. Was another missed opportunity for BOJ to kick the ball up field a bit!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #24,516
  • Jun 8, 2011 10:43pm Jun 8, 2011 10:43pm
Quoting realjumper
I agree....this move hasn't really looked very convincing at all....right from the get go. Was another missed opportunity for BOJ to kick the ball up field a bit!
Look at that. All those up moves all came down in one big swoop. Piece of crap!
Make your losses in demo. Earn your profits live.
  • #24,517
  • Jun 8, 2011 10:49pm Jun 8, 2011 10:49pm
Quoting Forexia
Not sure if it's going to continue.
Bravo.



for now anyway.
  • #24,518
  • Jun 8, 2011 10:50pm Jun 8, 2011 10:50pm
Quoting Forexia
Look at that. All those up moves all came down in one big swoop. Piece of crap!
Yeah......no surprise really is it?

I was just reading that the G7 countries are prepared to intervene again if it's warranted, given the success of the most recent intervention in March. Huh? what success is that?......I must have missed that bit. And........what does "if it's warranted" mean????

Sounds like a load of crap to me!!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #24,519
  • Jun 8, 2011 10:52pm Jun 8, 2011 10:52pm
Quoting Forexia
Piece of crap!
Now I wouldn't be that hasty.



But hey, you called it and within minutes made a big (considering the tight trading range) drop.



  • #24,520
  • Jun 8, 2011 10:56pm Jun 8, 2011 10:56pm
Quoting realjumper

I was just reading that the G7 countries are prepared to intervene again if it's warranted, given the success of the most recent intervention in March. Huh? what success is that?......I must have missed that bit. And........what does "if it's warranted" mean????

Sounds like a load of crap to me!!!
In the long run it has seemed to fail. But in the short run it has been nice to be in there to be along for the ride.

All my Long positions on this Pair has nothing to do with intervention. If it happens that is just gravy.

I am surprised though that this Pair has not dropped more in recent days.
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