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USD/JPY Discussion

  • #34,701
  • Jun 18, 2013 9:30am Jun 18, 2013 9:30am
Quoting 1candlepower
{quote} out at BE --- will wait for pullback to inner or lower tl (assuming it pulls back!)
this damn thing won't pull back!
  • #34,702
  • Jun 18, 2013 9:58am Jun 18, 2013 9:58am
Quoting 1candlepower
{quote} this damn thing won't pull back!
Hold your position
  • #34,703
  • Jun 18, 2013 10:10am Jun 18, 2013 10:10am
Quoting strategos
{quote} Hold your position
unfortunately, i cashed out the second half of my entry from 28 when it fell thru the tl @ 55 assuming it would pull back to the lower tl or at least the inner tl... i may just have to take my next long from 50
  • #34,704
  • Jun 18, 2013 10:31am Jun 18, 2013 10:31am
Quoting 1candlepower
{quote} unfortunately, i cashed out the second half of my entry from 28 when it fell thru the tl @ 55 assuming it would pull back to the lower tl or at least the inner tl... i may just have to take my next long from 50
looks like i'll get lower tl @~29 shortly for next long entry
  • #34,705
  • Jun 18, 2013 10:43am Jun 18, 2013 10:43am
Quoting 1candlepower
{quote} looks like i'll get lower tl @~29 shortly for next long entry
yippie! long .uj at 29
  • #34,706
  • Jun 18, 2013 10:57am Jun 18, 2013 10:57am
Quoting 1candlepower
{quote} yippie! long .uj at 29

Wise choice?
  • #34,707
  • Jun 18, 2013 11:02am Jun 18, 2013 11:02am
Quoting Mozzy
{quote} Wise choice?
i think so... everyone is waiting, drooling, salivating at the prospect of yet another dump after a steady rise. but will it happen today? i think not.

i'm considering addition to my long if it dips to just above 95
  • #34,708
  • Jun 18, 2013 11:05am Jun 18, 2013 11:05am
Quoting 1candlepower
{quote} i think so... everyone is waiting, drooling, salivating at the prospect of yet another dump after a steady rise. but will it happen today? i think not. i'm considering addition to my long if it dips to just above 95
of course, if it only moves back up to just under 75 and spends the next 20 hours consolidating, i'll be a little cheesed, but i guess i'll get out and go home.
  • #34,709
  • Jun 18, 2013 11:33am Jun 18, 2013 11:33am
Quoting 1candlepower
{quote} of course, if it only moves back up to just under 75 and spends the next 20 hours consolidating, i'll be a little cheesed, but i guess i'll get out and go home.

I'm looking for 96.10 to close.
  • #34,710
  • Jun 18, 2013 11:37am Jun 18, 2013 11:37am
Quoting Mozzy
{quote} I'm looking for 96.10 to close.
from your lips to god's ears
  • #34,711
  • Jun 18, 2013 12:58pm Jun 18, 2013 12:58pm
Quoting 1candlepower
{quote} from your lips to god's ears

I'm too tired to wait this out, so, I'm out.

Made profit, but, just not what I was expecting.

All good, tomorrow is another day.

Green pips to all!
  • #34,712
  • Jun 18, 2013 1:18pm Jun 18, 2013 1:18pm
I found good opportunity today at got +20 Pips.
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Love for all; Hatred for none.
  • #34,713
  • Jun 18, 2013 3:16pm Jun 18, 2013 3:16pm
Quoting 1candlepower
{quote} yippie! long .uj at 29
out for only 11 pips after 4hrs... what a drag.
  • #34,714
  • Jun 18, 2013 3:56pm Jun 18, 2013 3:56pm
Quoting emilnow
the nikkey and yen cliff...
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the cliff, three weeks later...

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Keep it simple and trade with the trend
  • #34,715
  • Jun 18, 2013 4:19pm Jun 18, 2013 4:19pm
what is nikkey?
  • #34,716
  • Jun 18, 2013 4:30pm Jun 18, 2013 4:30pm
Quoting iahmedz
what is nikkey?
Japan Stock Market (NIKKEI 225)


Quoting emilnow
the nikkey and yen cliff...
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Attached Image (click to enlarge)
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Keep it simple and trade with the trend
  • #34,717
  • Jun 18, 2013 6:30pm Jun 18, 2013 6:30pm
next .uj resistance on return path to 103 is 23.6 retrace of move from lo on mar 5 to hi on mar 12 at 95.81 --- this pair seems to remember well what it was doing fibonacci-wise in march when price was in this area --- brk of that lvl uncovers 96.71 which was the march hi... if .uj resumes stair-stepping, then punching thru 95.81 s/b easy. will start buying pullbacks now that .uj has gotten comfortable above 95.50
  • #34,718
  • Jun 18, 2013 6:42pm Jun 18, 2013 6:42pm
Quoting 1candlepower
next .uj resistance on return path to 103 is 23.6 retrace if .uj resumes stair-stepping, then punching thru 95.81 s/b easy................ ........ will start buying pullbacks now that .uj has gotten comfortable above 95.50
now; if i can just find a pullback --- think i'll enjoy a long ride up
  • #34,719
  • Jun 18, 2013 6:45pm Jun 18, 2013 6:45pm
Quoting 1candlepower
{quote} now; if i can just find a pullback
LOL as if you don't know JPY
  • #34,720
  • Jun 18, 2013 6:48pm Jun 18, 2013 6:48pm
Quoting Ken A
{quote} LOL as if you don't know JPY
at this point, my biggest problem will be staying awake!
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