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USD/JPY Discussion

if it could stick below 102 for more then half an hour i would have more faith...break thru and dont stop!!...stop flirting around and go down!!-arghh yehh
spinning top and doji after two days. Bullish trend is coming to pulse.
Quoting ms1
break thru and dont stop!!...stop flirting around and go down!!-arghh yehh
Story of my life
Quoting ms1
if it could stick below 102 for more then half an hour i would have more faith...break thru and dont stop!!...stop flirting around and go down!!-arghh yehh
It's not going to go below 102 that goes against japan's goals of devaluing it's currency. One more bounce off 102 and we should see it going back up to 103 with 105 being the end target
todays high is probably be 102.6
Final target for yen this year 115.

NIKKEI will hit 18000 then strong fall will apper.
BOJ target is to hit 18000.

By my simple calulation analysis YEN shoud fall 13% from 102.
NIKKEI and YEN are going parallely.

USD/YEN - 115 not 110 as some told.

I would like to buy yen but its risky cause it could make unexpected huge correction to 100
Quoting Trader88q
Final target for yen this year 115. NIKKEI will hit 18000 then strong fall will apper. BOJ target is to hit 18000.
Interesting, do you have evidence for this? I thought BoJ and Abe were simply trying to induce some inflation.

Quoting Trader88q
By my simple calulation analysis YEN shoud fall 13% from 102. NIKKEI and YEN are going parallely. USD/YEN - 115 not 110 as some told.
I am happy to go for 115, but if you look on a long time frame chart 110 is an obvious consolidation region.

Quoting Trader88q
I would like to buy yen but its risky cause it could make unexpected huge correction to 100
...and the reason you can't use a stoploss is...?
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
Missed my tp by a couple of pips.

Sigh.

Hopefully there is positive data from US today!
Waiting for positive news to grab some more pips and a chance to break through 102.75.




exit .92

Done for today/week.
103 breaking

bye bye baby
strong buy!! target 104.90
My target 103 ! done
Upmove for the moment done...

Consolidation between 100 - 103 for the next upmove...

Short UJ @ 103 sl 104 tp 100
Quoting ultra_knight
Upmove for the moment done... Consolidation between 100 - 103 for the next upmove... Short UJ @ 103 sl 104 tp 100
A site (Forexlive) saying today that China has DNT option open for 104 -97 as far as possible ranges go. They also say that Morgan Stanley was stopped out at 103. So USDJPY may be fueled by a short squeeze up further. I'll let the market determine my next move on Monday or next week. Good trading to you.
Quoting ultra_knight
Upmove for the moment done... Consolidation between 100 - 103 for the next upmove... Short UJ @ 103 sl 104 tp 100
Nope it's not done. Wait for the Asian session on Sunday u will see a nice up move.
you shouldn't pick tops, wait for news to trigger fall, then do moderate short, add accordingly, break even if fail.

Fxlive says Morgan Stanley got stopped @ 103. Fxlive guys also went short @ 102.80 and i guess they got burned too.

which made 103 all so sweeter
Quoting Leche Mocha
{quote} A site (Forexlive) saying today that China has DNT option open for 104 -97 as far as possible ranges go. They also say that Morgan Stanley was stopped out at 103. So USDJPY may be fueled by a short squeeze up further. I'll let the market determine my next move on Monday or next week. Good trading to you.
First wise words here after long time.
How to opt out annoying user signatures ??
Hello,

I have a position open in 10 pips loss

In your opinion, sunday at the re-open, will I able to exit at break even, with a small retracement, or will the cross go up directly?

Thank you very much in advance for your answers
Don't give up
Quoting geomink
Hello, I have a position open in 10 pips loss In your opinion, sunday at the re-open, will I able to exit at break even, with a small retracement, or will the cross go up directly? Thank you very much in advance for your answers
I believe like Monday (Aust time) just gone, it will gap higher then slowly retrace.

Have a look at the history for that day. I think Sunday for you.

It closed at around 98.97 and opened at around 99.16 then retraced to 99.05.

After that, you've seen what happened over the week.

I wish I placed a trade last Friday and held over the weekend till now. Damn good profit!

I'll try this week though!
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