JPY Cross Pairs | Page 29 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

AUD/JPY, CAD/JPY, CHF/JPY, EUR/JPY, GBP/JPY, NZD/JPY, USD/JPY

Similar Threads

Looking for Death Cross and Golden Cross indicators 4 replies

Rsi cross indicator? (NOT cross 50, etc) 44 replies

Royal Cross/Fresh Cross 7 replies

Money Management applied to cross currency pairs 2 replies

Correlation of cross pairs 3 replies

Attachments: JPY Cross Pairs
Exit Attachments

JPY Cross Pairs

  • #561
  • Apr 5, 2013 11:51am Apr 5, 2013 11:51am
One of the NZD/JPY positions just hit its TP target. Banked 278 pips
  • #562
  • Apr 5, 2013 5:04pm Apr 5, 2013 5:04pm
Awesome trade.
Soar on my wings, you'll touch the hand of God, he'll make you King.
  • #563
  • Apr 7, 2013 10:27am Apr 7, 2013 10:27am
Quoting 100PipsADay
One of the NZD/JPY positions just hit its TP target. Banked 278 pips
I take the stance is to bid on dips? What do you reckon the crosses are going even if risk aversion kicks in? I think there might be profit taking but it will take a lot to change this strong trend.
  • #564
  • Apr 7, 2013 10:39am Apr 7, 2013 10:39am
Quoting Unknownpips
I take the stance is to bid on dips? What do you reckon the crosses are going even if risk aversion kicks in? I think there might be profit taking but it will take a lot to change this strong trend.
That's what I'll be doing, JPY is going to keep weakening. Just look at the weekly charts along with recent BOJ decisions so from what I can see JPY cross pairs have nowhere to go but up for the time being.

I'll be looking to add new positions once H1 is over sold using Williams %,
  • #565
  • Apr 8, 2013 12:24pm Apr 8, 2013 12:24pm
I went long this morning on GJ, but now I see that I might have been too early and the pair might fill in the gap first before moving up. We will see
  • #566
  • Apr 8, 2013 1:08pm Apr 8, 2013 1:08pm
Quoting rehab
I went long this morning on GJ, but now I see that I might have been too early and the pair might fill in the gap first before moving up. We will see
GJ being held back by the cable, but CADJPY looking good for 300pips.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 37 KB
  • #567
  • Apr 8, 2013 1:36pm Apr 8, 2013 1:36pm
hey "100 pips a day", 'd like to ask you a few things since i am new on this thread, first off congratulations i really think you are really clear explaining things, that's something important that some people can't do. Cuestions : are the 1 hr and 1 day the charts that you are using all the time? or do u use some other charts to place trades?, when you enter on a trade, do you only see the % williams on oversold or overbought territory or you try to make it coordinate with s/r levels?.. thanks in advance!
  • #568
  • Apr 8, 2013 1:59pm Apr 8, 2013 1:59pm
Quoting luciano
hey "100 pips a day", 'd like to ask you a few things since i am new on this thread, first off congratulations i really think you are really clear explaining things, that's something important that some people can't do. Cuestions : are the 1 hr and 1 day the charts that you are using all the time? or do u use some other charts to place trades?, when you enter on a trade, do you only see the % williams on oversold or overbought territory or you try to make it coordinate with s/r levels?.. thanks in advance!
Hi Luciano,

I do all of my chart analysis with MT4 platform but place trades using a web based platform. It has its own server so I can access it anywhere and don't need to worry about keeping my computer on for SL and TP targets.

I simply wait for price to hit over sold / over bought areas using the Williams % indicator then I open a position in the direction of the D1 trend.
  • #569
  • Apr 8, 2013 2:05pm Apr 8, 2013 2:05pm
I exited my long GJ at BE. I think all J crosses are due to a retrace. I agree that GJ was held back by GU, it is interesting, on Thursday and Friday G was the best performer changed the daily trend to bull, moreover, GJ made the largest jump after BOJ release. Today it was the weaker although there was no major economic release for the G.
  • #570
  • Apr 8, 2013 2:05pm Apr 8, 2013 2:05pm
hey 100p
is it a good time to enter long on USD/JPY??
  • #571
  • Apr 8, 2013 2:10pm Apr 8, 2013 2:10pm
100pips do you reckon if the cable is sold in the days to follow that GBJPY direction could become sticky? I am not sure if it will have the legs to go above todays highs and towards 153.
  • #572
  • Apr 8, 2013 2:24pm Apr 8, 2013 2:24pm
Quoting Brocklesnar
hey 100p is it a good time to enter long on USD/JPY??
I'm waiting for more entries (long) on USD/JPY and ALL of the JPY cross pairs once we see H1 showing "over sold" conditions using Williams %.
  • #573
  • Apr 8, 2013 2:26pm Apr 8, 2013 2:26pm
Quoting Unknownpips
100pips do you reckon if the cable is sold in the days to follow that GBJPY direction could become sticky? I am not sure if it will have the legs to go above todays highs and towards 153.
I can't say for sure when but I do know that JPY cross pairs are in very strong weekly up trends so the best way to play them is to go LONG. As far as timing, stop loss, profit targets, and the amount of positions per pair is completely up to you.

*I think shorting these pairs is completely insane unless you're looking to scalp a few pips here and there. Also keep in mind that GBP/JPY is probably the most volatile pair that is available, if you're uncomfortable trading this pair then stick with something a little less volatile like maybe USD/JPY, AUD/JPY, NZD/JPY or CAD/JPY.
  • #574
  • Apr 8, 2013 2:33pm Apr 8, 2013 2:33pm
i m also waiting..since friday i m looking to long when it was @ 95.35 errgh i dont get one : it is rising and rising i dont know when it will get a retracement and i will go long on this pair

Quoting 100PipsADay
I'm waiting for more entries (long) on USD/JPY and ALL of the JPY cross pairs once we see H1 showing "over sold" conditions using Williams %.
  • #575
  • Apr 9, 2013 1:23am Apr 9, 2013 1:23am
It is a bit too early but it seems we are starting the retrace. I will look to enter long after gap fill or on retrace to last SH, depending on the 1h-momentum.
  • #576
  • Apr 9, 2013 1:31am Apr 9, 2013 1:31am
there is a possibility to go much lower prior to going up, but I am to anxious to wait, longing all jpy pairs
  • #577
  • Apr 9, 2013 1:45am Apr 9, 2013 1:45am
Quoting Ulterior
there is a possibility to go much lower prior to going up, but I am to anxious to wait, longing all jpy pairs
Smart move!
  • #578
  • Apr 9, 2013 8:22am Apr 9, 2013 8:22am
I decided to wait for the daily close. Good luck to everyone on long.
  • #579
  • Apr 9, 2013 4:57pm Apr 9, 2013 4:57pm
Now I am long on GJ.
  • #580
  • Apr 10, 2013 1:12am Apr 10, 2013 1:12am
I exited the long and took a loss...was a bad move...it wasn´t yet the time.
0 traders viewing now