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USD/JPY Discussion

  • #36,561
  • Aug 30, 2013 4:15am Aug 30, 2013 4:15am
Quoting Rag2RichesFX
{quote} Lol, USDJPY in a downtrend? No. Its in a correction of an uptrend. (talking about this weeks trend)


Absolutely!!
  • #36,562
  • Aug 30, 2013 4:15am Aug 30, 2013 4:15am
usdjpy long term chart.
if we see 115-125, I won't be amazed.
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  • #36,563
  • Aug 30, 2013 4:15am Aug 30, 2013 4:15am
Quoting karie pips
please I just want to say that the newbies should be careful..........

Haha, love it!
Damn The Torpedoes, Full Speed Ahead!
  • #36,564
  • Aug 30, 2013 4:30am Aug 30, 2013 4:30am
Quoting DizzleFX
{quote} Haha, love it!
Dizzle I know you are just being sarcastic.LOL.Enjoy your day.
Price,Precision,Psychic,Pyschology ,Patience and Pr.Karie's 6Ps of trading.
  • #36,565
  • Aug 30, 2013 4:31am Aug 30, 2013 4:31am
Quoting Rag2RichesFX
{quote} Lol, USDJPY in a downtrend? No. Its in a correction of an uptrend. (talking about this weeks trend)
Well,if you say so.
Price,Precision,Psychic,Pyschology ,Patience and Pr.Karie's 6Ps of trading.
  • #36,566
  • Aug 30, 2013 4:38am Aug 30, 2013 4:38am
Looks like a bullish pennant to me.....but the breakout will show. Trade what you see

5c
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Doing what you like is Freedom. Liking what you do is Happiness.
  • #36,567
  • Aug 30, 2013 4:49am Aug 30, 2013 4:49am
running up against this weeks trendline resistance now
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Be hopeful in a winning position, and fearful in a losing position.
  • #36,568
  • Aug 30, 2013 5:30am Aug 30, 2013 5:30am
Quoting karie pips
{image}
Karie, for the past few days...it has been going up. is it true the movement is going downwards?
  • #36,569
  • Aug 30, 2013 5:44am Aug 30, 2013 5:44am
Sell position @ 10min
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Trade what you see not what you think!
  • #36,570
  • Aug 30, 2013 6:11am Aug 30, 2013 6:11am
Quoting testing3000
{quote} Karie, for the past few days...it has been going up. is it true the movement is going downwards?
I will admonish you to go back to my posts from last week when I analysed that it will come down and it did plus it hit the target that predicted.As for this present trade I am exclusively sure that price will come down to complete the head and shoulder pattern and then the 3rd wave of the EWP.If it does not fall this Friday ,then that will by next week.Enjoy your day.
Price,Precision,Psychic,Pyschology ,Patience and Pr.Karie's 6Ps of trading.
  • #36,571
  • Aug 30, 2013 6:11am Aug 30, 2013 6:11am
Quoting realjumper
Looks like a bullish pennant to me.....but the breakout will show. Trade what you see 5c {image}
Im on board with RealJumper, "Trade what you see. Depending on what timeframe you use trade your system, could determine how you see the trend. I think that in the grand scheme of things, we will have a continuation of the original up trend, once we breakout of this pennant, on the weekly chart, just like RealJumper mentioned. The way I trade through, I will take a short, if I see the opportunity. I usually use H4 and D1 then drill down to a lower timeframe to look for an entry. But that's just me!
Damn The Torpedoes, Full Speed Ahead!
  • #36,572
  • Aug 30, 2013 6:31am Aug 30, 2013 6:31am
Quoting Rag2RichesFX
lets go bulls my two targets {image}

98.27 target hit
Be hopeful in a winning position, and fearful in a losing position.
  • #36,573
  • Aug 30, 2013 6:34am Aug 30, 2013 6:34am
Quoting songson
Sell position @ 10min{image}
songson, you putting a SELL? what's your target?
  • #36,574
  • Aug 30, 2013 9:05am Aug 30, 2013 9:05am
I closed my long positions at 98.30 yesterday. I'll wait for the holiday weekend to pass and take a look Tuesday morning.

Have a good weekend everyone!
"A true speculator tries the market small." - Jesse Livermore
  • #36,575
  • Aug 30, 2013 9:33am Aug 30, 2013 9:33am
Hello everyone,i am still sell biased as I can't wait for the UTL on my chart to break for me to take as good sell position.@Testing 3000,please my honest opinion is that you actually analyse the charts properly and then believe in it.other people's views may not suit yours must of the time as people see things differently.
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Price,Precision,Psychic,Pyschology ,Patience and Pr.Karie's 6Ps of trading.
  • #36,576
  • Aug 30, 2013 9:52am Aug 30, 2013 9:52am
Could this possibly happen?
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Price,Precision,Psychic,Pyschology ,Patience and Pr.Karie's 6Ps of trading.
  • #36,577
  • Aug 30, 2013 10:19am Aug 30, 2013 10:19am
Quoting karie pips
Could this possibly happen? {image}
Me thinks I see a bearish bat in that pattern.
"A true speculator tries the market small." - Jesse Livermore
  • #36,578
  • Aug 30, 2013 10:27am Aug 30, 2013 10:27am
Quoting Jgcole83
{quote} Me thinks I see a bearish bat in that pattern.
Really?I would not mind if you can illustrate your observation on your chart and post it here..thanks
Price,Precision,Psychic,Pyschology ,Patience and Pr.Karie's 6Ps of trading.
  • #36,579
  • Edited 11:16am Aug 30, 2013 10:31am | Edited 11:16am
Not around my computer atm. Connect the bottom of wave a to the bottom of 5 and the bottom of c to the bottom of wave b.
"A true speculator tries the market small." - Jesse Livermore
  • #36,580
  • Aug 30, 2013 10:50am Aug 30, 2013 10:50am
Actually its a bullish bat when and if the patterns completed, but for now it would lead to bearish activity....You know what I meant though lol.
"A true speculator tries the market small." - Jesse Livermore
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