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USD/JPY Discussion

  • #32,801
  • Jan 18, 2013 7:42am Jan 18, 2013 7:42am
The runup is too strong.. almost parabolic..

Weekly resistance at 90, where it has stalled for now..
  • #32,802
  • Edited 9:06pm Jan 18, 2013 8:09pm | Edited 9:06pm
Next week could be very interesting..

Closed exactly at Fibonacci Expansion Level 161.8
Attached Image (click to enlarge)
Click to Enlarge Name: usd jpy d1 expansion.gif Size: 36 KB
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  • #32,803
  • Jan 18, 2013 8:20pm Jan 18, 2013 8:20pm
I bet it will back to 85 level before going any higher... Just my 2 cent.
  • #32,804
  • Jan 18, 2013 9:04pm Jan 18, 2013 9:04pm
Do you have a explanation for your opinion or do you simply guess ?
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  • #32,805
  • Jan 18, 2013 10:23pm Jan 18, 2013 10:23pm
As I have mentioned BET... What is your opinion? Where will this shit going next week?
  • #32,806
  • Jan 18, 2013 11:00pm Jan 18, 2013 11:00pm
It is said that there is often a pullback at Fibonacci Expansion levels
and we reached today exactly one so i would say short, but also
there are important YPN News at Monday or Tuesday pending
and they could give a another boost.
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  • #32,807
  • Jan 20, 2013 5:13am Jan 20, 2013 5:13am
I would like to short UJ but would like to listen opinion from you guys...
  • #32,808
  • Jan 20, 2013 5:41am Jan 20, 2013 5:41am
Quoting Prodix86
I would like to short UJ but would like to listen opinion from you guys...
my analysis says up.
  • #32,809
  • Jan 20, 2013 7:46am Jan 20, 2013 7:46am
It will keeping up without fall? Up to which level? Or pullback to which level for buying?
  • #32,810
  • Jan 20, 2013 9:25am Jan 20, 2013 9:25am
Quoting Prodix86
I would like to short UJ but would like to listen opinion from you guys...
try to short at 9062/75 toward 89 40/10
  • #32,811
  • Jan 20, 2013 9:35am Jan 20, 2013 9:35am
Quoting dopodopo
try to short at 9062/75 toward 89 40/10
where would ur sl be?
  • #32,812
  • Jan 20, 2013 10:50am Jan 20, 2013 10:50am
Quoting sidhujag
where would ur sl be?
91.12 is resistance i'll figure on that time before i'll enter
  • #32,813
  • Jan 20, 2013 11:16am Jan 20, 2013 11:16am
Quoting Prodix86
I would like to short UJ but would like to listen opinion from you guys...
for me no short on this pair. only long.
and when ever it pull back buy it, unless something bad come up in the the world economy somewhere.
  • #32,814
  • Jan 20, 2013 11:45am Jan 20, 2013 11:45am
Quoting Abouelzelouf
for me no short on this pair. only long.
and when ever it pull back buy it, unless something bad come up in the the world economy somewhere.
Only long? No correction on this pair?
  • #32,815
  • Jan 20, 2013 1:53pm Jan 20, 2013 1:53pm
USD/JPY 1H chart
Attached Image (click to enlarge)
Click to Enlarge Name: jpy.jpg Size: 211 KB
  • #32,816
  • Jan 20, 2013 2:14pm Jan 20, 2013 2:14pm
Quoting Prodix86
It will keeping up without fall? Up to which level? Or pullback to which level for buying?
duno. i will tell you once resistance & support form. i do not guess.
  • #32,817
  • Jan 20, 2013 3:21pm Jan 20, 2013 3:21pm
Gidday US/YEN pair

Been trading this pair a lot lately,

still that down move came out off no were

gave me a big fright,

I had loaded some longs in the YEN,as a hedge for the rest of my trades.

It cost me $300

clever dick made it back just as fast as he lost it,still could have been worse.

No risk no reward

Looking for better entry,89 something

prefer it
  • #32,818
  • Jan 20, 2013 3:37pm Jan 20, 2013 3:37pm
My enter when price retest 89 go out from range
  • #32,819
  • Jan 20, 2013 6:24pm Jan 20, 2013 6:24pm
Hmm, fall back quickly below 89.96 whats the MR2 Pivot
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  • #32,820
  • Jan 20, 2013 6:35pm Jan 20, 2013 6:35pm
around 90.15
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