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USD/JPY Discussion

  • #26,361
  • Aug 26, 2011 2:05am Aug 26, 2011 2:05am
Quoting SIgurs
A drop below 76.00 is to be expected if and when Uncle Ben decides to go for a QE3. Given the state the US economy is in, chances of such action are more than average.

As the BOJ is active only verbally this drop below 76.00 could be a prelude to a further drop to 73.00-74.00

The fact that previous resistance, 77.20, is given back with ease this morning (no looking back), says it all: Jpy is about to resume it's path north.

Remember: the dollar, their currency, your problem.
Expected 76.00 When Is it Bro?Tonight when Ben Speak?
If there was easy money lying around,no one would be forcing it into your
  • #26,362
  • Edited 2:19am Aug 26, 2011 2:09am | Edited 2:19am
many weeks ago:

Quoting PipPipPip
short @ 80.30
we should see 76 soon


ending my month trade on uj with 350+ pips w/ large position.
  • #26,363
  • Aug 26, 2011 7:53am Aug 26, 2011 7:53am
Wow This never end pressure wont give up
Attached Image (click to enlarge)
Click to Enlarge Name: UJ Daily.png Size: 31 KB
If there was easy money lying around,no one would be forcing it into your
  • #26,364
  • Aug 26, 2011 8:03am Aug 26, 2011 8:03am
Quoting FXMindset
Wow This never end pressure wont give up
teasers, manipulators and bastards I will get them
Don't be a hero. Don't have an ego. Always question yourself
  • #26,365
  • Aug 26, 2011 8:21am Aug 26, 2011 8:21am
Quoting USD-Bear
teasers, manipulators and bastards I will get them
Hahaha Indeed
If there was easy money lying around,no one would be forcing it into your
  • #26,366
  • Aug 26, 2011 8:33am Aug 26, 2011 8:33am
USDJPY 4H
Attached Image (click to enlarge)
Click to Enlarge Name: UJ 4H.png Size: 28 KB
If there was easy money lying around,no one would be forcing it into your
  • #26,367
  • Aug 26, 2011 8:34am Aug 26, 2011 8:34am
It feels inevitable we will see the 13.20 level soon.

Yen Futures H4
Attached Image (click to enlarge)
Click to Enlarge Name: yen2.png Size: 252 KB
  • #26,368
  • Aug 26, 2011 9:20am Aug 26, 2011 9:20am
Trying a long @ 76.64 after rejected WPP

Attached Image (click to enlarge)
Click to Enlarge Name: Picture0300.jpg Size: 72 KB
Don't be a hero. Don't have an ego. Always question yourself
  • #26,369
  • Aug 26, 2011 9:25am Aug 26, 2011 9:25am
breaking 74.50 now?

Attached Image
Don't be a hero. Don't have an ego. Always question yourself
  • #26,370
  • Aug 26, 2011 9:30am Aug 26, 2011 9:30am
Quoting USD-Bear
Trying a long @ 76.64 after rejected WPP

Attachment
collected 20 pips, USDX seems to hesitate....
Don't be a hero. Don't have an ego. Always question yourself
  • #26,371
  • Aug 26, 2011 9:33am Aug 26, 2011 9:33am
Quoting USD-Bear
collected 20 pips, USDX seems to hesitate....
Try Watch UJ 4H Bro If Break the trendline probably long would be safe It takes Times
If there was easy money lying around,no one would be forcing it into your
  • #26,372
  • Aug 26, 2011 9:37am Aug 26, 2011 9:37am
Quoting FXMindset
Try Watch UJ 4H Bro If Break the trendline probably long would be safe It takes Times
for day-trading that's way too large TF for me
Don't be a hero. Don't have an ego. Always question yourself
  • #26,373
  • Aug 26, 2011 10:17am Aug 26, 2011 10:17am
Trying a long again @ 76.70
Don't be a hero. Don't have an ego. Always question yourself
  • #26,374
  • Aug 26, 2011 10:41am Aug 26, 2011 10:41am
Quoting USD-Bear
Trying a long again @ 76.70
closed @ 76.60 -10
Don't be a hero. Don't have an ego. Always question yourself
  • #26,375
  • Aug 26, 2011 10:45am Aug 26, 2011 10:45am
Quoting USD-Bear
closed @ 76.60 -10
close because you see selling pressure?
If there was easy money lying around,no one would be forcing it into your
  • #26,376
  • Aug 26, 2011 10:50am Aug 26, 2011 10:50am
Quoting FXMindset
close because you see selling pressure?
because it corrected more then acceptable
Don't be a hero. Don't have an ego. Always question yourself
  • #26,377
  • Aug 26, 2011 11:02am Aug 26, 2011 11:02am
Quoting USD-Bear
because it corrected more then acceptable
Haha..Yep,This is truly Ridiculous corrected
If there was easy money lying around,no one would be forcing it into your
  • #26,378
  • Aug 26, 2011 11:05am Aug 26, 2011 11:05am
Quoting FXMindset
Haha..Yep,This is truly Ridiculous corrected
for a scalp it is, what are you implying?
Don't be a hero. Don't have an ego. Always question yourself
  • #26,379
  • Aug 26, 2011 11:17am Aug 26, 2011 11:17am
Quoting USD-Bear
for a scalp it is, what are you implying?
Hemmm,,Honestly I Dont what type I am
Probably Swing,I am Long before when the daily trend breaking upside @ 76.65 with trailing stop 100 pips and I am not take profit yet since it corrected so much and hit my trailing stop and profits for few pips only but am long again now with stop @ 76.40

Scalp is too tired for me,Personally am let my trailing keep running untill it stopped and never targeted the profits or sometimes I am put my stop below and above breaking level

So What type I am ? I dont know honestly,how do you think bro
If there was easy money lying around,no one would be forcing it into your
  • #26,380
  • Aug 26, 2011 11:21am Aug 26, 2011 11:21am
IMO, if 76.35 hold and dont get broken, we can have yen weakness on this pair since 77.60 has been reach and tested.
trade safe
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