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USD/JPY Discussion 8 replies

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

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USD/JPY Discussion

Quoting davidsayli
USD/JPY DAILY CHART Target is 103.50 {image}
i agree
We learn new things daily
Quoting entheos
https://www.tradingview.com/x/vS0vx2hu/ https://www.tradingview.com/x/x3n6VIVB/ https://www.tradingview.com/x/m6L33CsY/
So we can open a sell position when the market opens and should be expecting the price to drop around 95-95.5 then open a buy position?
USD/JPY DAILY CHART

"TREND-LINE" supported last week. Target is 103.50
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Quoting davidsayli
USD/JPY DAILY CHART "TREND-LINE" supported last week. Target is 103.50 {image}
I hope you don't mind me saying, but i question your TL as it's origin is subjective, you've tried to make the line 'fit' the lows.

USDJPY is consolidating within a monthly pin-bar from 2 months ago...

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With each conspiracy, i add a new layer to my hat.
  •  ednei1
  • | Joined Nov 2011 | Status: Adjust the sails we will navigate | 61 Posts
Quoting hoom
{quote} Nikki show little weakness
Tested 97.55 we can now buy a little, stop at 96.95, target 99.95.
I don't know if Id have my target set for 103. I think I'll watch the 98.60 level and then 100 first.

Who knows...I could be wrong and we could shoot straight to 103.
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"A true speculator tries the market small." - Jesse Livermore
The above predictions by the so called Gurus are leading the blind to another blind. It is better to toss a coin, probabilities are much better in the winning circle. I do not see any values in this blog rather I would like to see some good ideas to develop the trading. Market never go wrong, therefore stay with the trend weather you are in short or long trades. Stay with basic fundamentals and apply some technical indicators. If you could find a comfortable level of this combination definitely you will develop your own successful trading style.
Quoting Ageorge
The above predictions by the so called Gurus are leading the blind to another blind. It is better to toss a coin, probabilities are much better in the winning circle. I do not see any values in this blog rather I would like to see some good ideas to develop the trading. Market never go wrong, therefore stay with the trend weather you are in short or long trades. Stay with basic fundamentals and apply some technical indicators. If you could find a comfortable level of this combination definitely you will develop your own successful trading...
I think most people here are just having a friendly discussion and offering opinions. Btw most indicators are lagging which can put you on the wrong side of the trade allot of times.

Who pissed in your Cheerios this morning?
"A true speculator tries the market small." - Jesse Livermore
If Head&Shoulders Pattern occures it may rise to the 106.50

USD/JPY DAILY CHART
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Thanks for your comments. I am fine with my trading style and I visit this blog to see weather I could get some new ideas of trading. In fact I am too good in Usd/Jpy pair when comparing with these Gurus and I do not take their predictions. My intention was to see any one wants to contribute good ideas to trading method. That's why I wrote my opinion. One thing I can tell you guys that you cannot depend 100% on technical side and this is my own opinion.
You may not see me here that often anymore..... Bye now..........
Quoting Ageorge
...You may not see me here that often anymore..... Bye now..........

How about if you post your charts and show to rest of us how good you are ...?
There is a winner and a loser, nothing in between.
Long at 97,626, US dollar index bouncing from support line, plus closing triangle on W1 timeframe.
Don't know about after that, but short term (next 6-12 hours) I'm guessing we'll see 98. Then I might be looking to short.
"If you won't risk the usual, you'll have to settle for the ordinary."
Quoting livethedream
Don't know about after that, but short term (next 6-12 hours) I'm guessing we'll see 98. Then I might be looking to short.
I m with u
Quoting livethedream
Don't know about after that, but short term (next 6-12 hours) I'm guessing we'll see 98. Then I might be looking to short.

target down ?
Quoting alam88009
{quote} target down ?
If it plays out the way I'm seeing it, then at least 96.9.

... but maybe closer to 96.7
"If you won't risk the usual, you'll have to settle for the ordinary."
Quoting livethedream
{quote} If it plays out the way I'm seeing it, then at least 96.9. ... but maybe closer to 96.7
Or maybe even 10 pips lower. I'm looking for a touch of this rising trendline.
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"If you won't risk the usual, you'll have to settle for the ordinary."
Quoting livethedream
{quote} If it plays out the way I'm seeing it, then at least 96.9. ... but maybe closer to 96.7

If we break through 97.75 we're most likely going to 98.20 minimum.
Quoting Ck87
{quote} If we break through 97.75 we're most likely going to 98.20 minimum.
Your posts are pretty intelligent so if we head up that way I'm gonna take your word for it and hold off a little longer to get in short, but this recent "breakout" might not hold anyway.
"If you won't risk the usual, you'll have to settle for the ordinary."
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