USD/JPY Discussion | Page 1713 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

USD/JPY

Similar Threads

USD/JPY Discussion 12 replies

NZD/JPY Discussion 12 replies

long eur/jpy, gbp/jpy, usd/jpy 11 replies

EUR/USD Bollinger Band Discussion 3 replies

Suidster's GBP/JPY Discussion 19 replies

Attachments: USD/JPY Discussion
Exit Attachments

USD/JPY Discussion

  • #34,241
  • May 30, 2013 7:10am May 30, 2013 7:10am
Quoting mm2mm
So there will be good data from U.S today? How much higher can this go? 102?or >102?
In addition to MisterSpread, who has wise words, I referred to the concerns of eliteincome who could hold his existing positions until nearer the data time; and apply a SL as appropriate. This all depends upon how leveraged the positions might be (possibly he capitulated already).

As far as the forthcoming data goes, I have no idea what to expect. I will guess 1.8% for GDP - but it is just a guess.
The real question is 'what is the market expecting'?
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
  • #34,242
  • May 30, 2013 7:13am May 30, 2013 7:13am
Quoting mm2mm
{quote}Thanks Vlad. Took profit at .73 We'll see how the news turn out!
My pleasure Sir, regardless of the data we will see a high volatility in the market so it's better to stay out if you are not a usual scalper and looking for a quick buck. It's better to watch the levels and play it safely/constantly than riskier .


Cheers to everyone and green pips,
VladG
  • #34,243
  • May 30, 2013 9:58am May 30, 2013 9:58am
Perfect , now the reloading can begin already took at 101.098 and will load some more if it drops to first support at 100.690, cascade is the way my friends !!!

Cheers,
VladG
  • #34,244
  • Edited 6:18pm May 30, 2013 11:28am | Edited 6:18pm
U should wait n see until the price hit the support to go long. N take short at resistence..
  • #34,245
  • May 31, 2013 3:52am May 31, 2013 3:52am
Bad day for dollar yen...breaking support level.
  • #34,246
  • May 31, 2013 3:55am May 31, 2013 3:55am
Quoting multi888
Bad day for dollar yen...breaking support level.
if it closes above weekly low of 100.45 then it is a huge up move in waiting
Wait for the market to come to you.. then take the green pips..
  • #34,247
  • May 31, 2013 3:59am May 31, 2013 3:59am
Quoting multi888
Bad day for dollar yen...breaking support level.

Reloaded 1 more position at 100.400 , cheers to you all !
  • #34,248
  • May 31, 2013 4:01am May 31, 2013 4:01am
it did not close above more selling pressure on USD
Wait for the market to come to you.. then take the green pips..
  • #34,249
  • Edited 4:25am May 31, 2013 4:06am | Edited 4:25am
Pending long order 100.000. waiting for huge bouncing. Any suggestion?
  • #34,250
  • May 31, 2013 4:07am May 31, 2013 4:07am
Quoting MisterSpread
{quote} Reloaded 1 more position at 100.400 , cheers to you all !

Same here...very funny move today...dollar move up, t goes down, Eur move up it also goes down.
  • #34,251
  • May 31, 2013 4:09am May 31, 2013 4:09am
Gidday Traders

Yo retrace going on here
who pulled the chain
hope YEN firers up soon
  • #34,252
  • May 31, 2013 4:15am May 31, 2013 4:15am
this pair is wound up so tight, that its going to break violently in one direction or another... and pretty soon... for the bulls, an upside breakout confirmation is pretty far up, but a break above the 61.8% of the current swing would be an initial step in the right direction (c102.5x)...

however, my current bias remains to the downside, i have been holding shorts from 102.8, 103.1, and 102.5 respectively... daily and weekly stochastics are showing sell signals, in conjunction with a bunch of bearish divergences on the daily, weekly, and H4's, and failures at major levels that the bulls would need to recapture in order to change my bias to the upside...

on the downside, my targets are: T1: c99.7, T2: c98.8, if we break past T2, we may have much bigger problems on our hands, and it may lead to a massive global risk off trade...

these are just my 2 cents, and I wish you all the very best...

in the words of Paul Tudor Jones: TRADE IT, DONT DATE IT
90% of people, are wrong about 90% of everything, 90% of the time...
  • #34,253
  • May 31, 2013 4:50am May 31, 2013 4:50am
A close below 100.457 will confirm the down move... keep watch the 1 hr close..
Wait for the market to come to you.. then take the green pips..
  • #34,254
  • May 31, 2013 4:55am May 31, 2013 4:55am
Quoting PIP Guru
A close below 100.457 will confirm the down move... keep watch the 1 hr close..

in the immediate term, we must bear in mind that today is the last day of the month, which usually means that US mutual/pension funds are closing their books, so we should expect a ramp in the pair as we approach 8am EST... I dont expect to see any meaningful breakdown today
90% of people, are wrong about 90% of everything, 90% of the time...
  • #34,255
  • May 31, 2013 5:00am May 31, 2013 5:00am
Gidday fellow gamblers

Must be time for one off the YEN masters

to pull a rabbit out off ass

an get this YEN moving
  • #34,256
  • May 31, 2013 5:03am May 31, 2013 5:03am
Quoting eliteincome
Gidday fellow gamblers Must be time for one off the YEN masters to pull a rabbit out off ass an get this YEN moving

couldn't agree more! this is corruption of the highest order!

with that said, for any day traders out there... if US markets open on a gap down... it would be a great opportunity to cover any shorts that you may have opened on this pair and go long (day trading only)
90% of people, are wrong about 90% of everything, 90% of the time...
  • #34,257
  • May 31, 2013 5:22am May 31, 2013 5:22am
Quoting theDHT
{quote} in the immediate term, we must bear in mind that today is the last day of the month, which usually means that US mutual/pension funds are closing their books, so we should expect a ramp in the pair as we approach 8am EST... I dont expect to see any meaningful breakdown today
As you said the 1 hr close failed to close below.. 100.457 validating the down move might end..
Wait for the market to come to you.. then take the green pips..
  • #34,258
  • May 31, 2013 5:27am May 31, 2013 5:27am
Quoting PIP Guru
{quote} As you said the 1 hr close failed to close below.. 100.457 validating the down move might end..

its about time for more unfounded news re: JPY...
90% of people, are wrong about 90% of everything, 90% of the time...
  • #34,259
  • May 31, 2013 5:29am May 31, 2013 5:29am
Quoting theDHT
{quote} its about time for more unfounded news re: JPY...
Hey guys, how are you today? I reloaded some positions as you can see on my chart below.


Cheers and green pips to you all,
VladG
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY 31.05.2013.jpg Size: 301 KB
  • #34,260
  • May 31, 2013 5:34am May 31, 2013 5:34am
Quoting MisterSpread
{quote} Hey guys, how are you today? I reloaded some positions as you can see on my chart below. Cheers and green pips to you all, VladG {image}
... right on schedule! this is becoming too predictable! which usually means, its time to change the play...
90% of people, are wrong about 90% of everything, 90% of the time...
39 traders viewing now