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USD/JPY Discussion

  • #35,781
  • Aug 11, 2013 10:40am Aug 11, 2013 10:40am
First of all I regret to say to all uj longs that I am long from 96.4...and have a sl at 95.8. This means that there will be a very high probability that uj will continue its drop!

my question is: tonight will be published japan gdp. What will happen to yen if gdp will be below the forecast?
  • #35,782
  • Aug 11, 2013 1:56pm Aug 11, 2013 1:56pm
Quoting apfrezza
First of all I regret to say to all uj longs that I am long from 96.4...and have a sl at 95.8. This means that there will be a very high probability that uj will continue its drop! my question is: tonight will be published japan gdp. What will happen to yen if gdp will be below the forecast?
Don't worry, GDP figures are not going to disappoint!
When Scalpers win, I lose and Vice varsa...
  • #35,783
  • Aug 11, 2013 2:11pm Aug 11, 2013 2:11pm
Quoting Goldflake
{quote} Don't worry, GDP figures are not going to disappoint!
What do you mean? If gdp will be better than forecasts what will happen to usdjpy?
  • #35,784
  • Aug 11, 2013 2:26pm Aug 11, 2013 2:26pm
Quoting apfrezza
{quote} What do you mean? If gdp will be better than forecasts what will happen to usdjpy?
Anything can happen at first instance..
When Scalpers win, I lose and Vice varsa...
  • #35,785
  • Aug 11, 2013 11:16pm Aug 11, 2013 11:16pm
Hello

Any YEN masters out there

Was the news good or bad

the YEN hovering is around 96.5

Leave your screen an all sorts off weird things can happen:nerd:
  • #35,786
  • Aug 11, 2013 11:24pm Aug 11, 2013 11:24pm
$USDJPY clear sign of reversal - breaking out of Bullish Falling Wedge after Hammer on H4; indicators turning too http://dcl.sr/dAn
  • #35,787
  • Aug 12, 2013 12:23am Aug 12, 2013 12:23am
with 83% of the trades long side 17% short ... I think ill stay short
  • #35,788
  • Aug 12, 2013 12:43am Aug 12, 2013 12:43am
Gidday Yen Masters

My turn to cook dinner

Can you please not zoom up until

i have finished.

Down good

up bad

  • #35,789
  • Aug 12, 2013 1:44am Aug 12, 2013 1:44am
Quoting domino
with 83% of the trades long side 17% short ... I think ill stay short
Retest of 96.6 then a drop. Is my analysis
"If you won't risk the usual, you'll have to settle for the ordinary."
  • #35,790
  • Aug 12, 2013 1:56am Aug 12, 2013 1:56am
Quoting livethedream
{quote} Retest of 96.6 then a drop. Is my analysis
Or a continuation obviously. But beware of the 96.6 false breakout.
"If you won't risk the usual, you'll have to settle for the ordinary."
  • #35,791
  • Aug 12, 2013 2:08am Aug 12, 2013 2:08am
waiting for a good long 8th day now...
  • #35,792
  • Aug 12, 2013 2:40am Aug 12, 2013 2:40am
Long at 96.179 with stop loss @ 95.901 with the very bad GDP number, if its clears 96.920 looks like we gonna have a lot more upside
  • #35,793
  • Aug 12, 2013 2:41am Aug 12, 2013 2:41am
Quoting livethedream
{quote} Or a continuation obviously. But beware of the 96.6 false breakout.
it has broken up over 96.85. Any opinions?
  • #35,794
  • Aug 12, 2013 3:08am Aug 12, 2013 3:08am
Hi all,

my opinion...
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  • #35,795
  • Aug 12, 2013 6:32am Aug 12, 2013 6:32am
USD/JPY H1 CHART

Cup Formation
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  • #35,796
  • Aug 12, 2013 6:43am Aug 12, 2013 6:43am
Quoting kweiss10
{quote} it has broken up over 96.85. Any opinions?
Possibly a New York retrace. But continuation upward wouldn't surprise me in the least. Could go either way from my perspective.

Let's just not forget that the daily and 4h trend hasn't reversed yet.

My question is, if we do retrace today, how far will we... how strong will bullish momentum push back in? Immediately after 15-20 pips, or will she drop 50 pips. Only time will tell.
"If you won't risk the usual, you'll have to settle for the ordinary."
  • #35,797
  • Aug 12, 2013 6:57am Aug 12, 2013 6:57am
Quoting livethedream
{quote} Possibly a New York retrace. But continuation upward wouldn't surprise me in the least. Could go either way from my perspective.

In other words. I have no idea
"If you won't risk the usual, you'll have to settle for the ordinary."
  • #35,798
  • Aug 12, 2013 7:23am Aug 12, 2013 7:23am
I should stop posting in here. When I post I'm wrong, when I keep quiet, I'm right.
"If you won't risk the usual, you'll have to settle for the ordinary."
  • #35,799
  • Aug 12, 2013 7:35am Aug 12, 2013 7:35am
Clear price rejection, hoping to get in a short at 96.85
"If you won't risk the usual, you'll have to settle for the ordinary."
  • #35,800
  • Aug 12, 2013 8:56am Aug 12, 2013 8:56am
The USD/JPY has been on a down run since the open of the month.
Over the past two days, the pair has completed a DB and what's pending is
a neckline break.
Attached Image (click to enlarge)
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