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USD/JPY Discussion

  • #37,601
  • Oct 2, 2013 2:20am Oct 2, 2013 2:20am
97.5 didn't hold either... lets see 97.3...
  • #37,602
  • Oct 2, 2013 2:35am Oct 2, 2013 2:35am
Quoting belgeran
97.5 didn't hold either... lets see 97.3...
Nope. Don't think it is gonna hold.
  • #37,603
  • Oct 2, 2013 2:44am Oct 2, 2013 2:44am
hmms.. maybe it held... may try the broken trendline for resistance then..
  • #37,604
  • Oct 2, 2013 2:50am Oct 2, 2013 2:50am
Quoting belgeran
hmms.. maybe it held... may try the broken trendline for resistance then..
went long at 97.40.
  • #37,605
  • Oct 2, 2013 2:51am Oct 2, 2013 2:51am
Quoting skyway
{quote} went long at 97.40.
joined you!
  • #37,606
  • Oct 2, 2013 2:54am Oct 2, 2013 2:54am
Quoting MrketSniper
{quote} 97.5 is a very strong support. You had a long or short entry order at 97.5?
long...
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
  • #37,607
  • Oct 2, 2013 2:59am Oct 2, 2013 2:59am
nononono no long, this weak only short all jpy pairs, JPY is today very very strong. Nikei drop 500 points, no chance for long USD.JPY
  • #37,608
  • Oct 2, 2013 3:02am Oct 2, 2013 3:02am
People didn't even wait for 1hr candle to close before going long..
  • #37,609
  • Oct 2, 2013 3:23am Oct 2, 2013 3:23am
strong support 96.9. then I will take a long. more safety
  • #37,610
  • Oct 2, 2013 3:32am Oct 2, 2013 3:32am
Quoting MrketSniper
People didn't even wait for 1hr candle to close before going long..
If you trade off candle formations then that is a reasonable criticism. If you trade off SR levels the candle is irrelevant.
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
  • #37,611
  • Oct 2, 2013 3:34am Oct 2, 2013 3:34am
this thing looks like it wants to go to 96
  • #37,612
  • Oct 2, 2013 4:03am Oct 2, 2013 4:03am
Quoting Doboy408
this thing looks like it wants to go to 96
Don't think this pairs will go below 96.9-97.1 area. I will short if it drops below 96.9
  • #37,613
  • Oct 2, 2013 4:07am Oct 2, 2013 4:07am
still holding my short 96.80 will be next ;D only long when see a bound at 95.80

gl to all ! ;D
  • #37,614
  • Oct 2, 2013 4:16am Oct 2, 2013 4:16am
I have go in Long.. 97.33...
  • #37,615
  • Oct 2, 2013 4:17am Oct 2, 2013 4:17am
I am going long at this point, lets see if it gets some where & give me profit....
Attached Image (click to enlarge)
Click to Enlarge Name: orders.jpg Size: 82 KB
Risk / Trade Management is the name of the Game
  • #37,616
  • Oct 2, 2013 4:30am Oct 2, 2013 4:30am
Quoting FxSaint
I am going long at this point, lets see if it gets some where & give me profit.... {image}
Nice tight S/L..
  • #37,617
  • Oct 2, 2013 4:33am Oct 2, 2013 4:33am
Quoting FxSaint
I am going long at this point, lets see if it gets some where & give me profit.... {image}
G/L
  • #37,618
  • Oct 2, 2013 4:36am Oct 2, 2013 4:36am
Quoting MrketSniper
{quote} Nice tight S/L..
Usually thats the way I play in this field, keep it nice tight & small & win it large & big..... By the way, its all about how you manage trade....still pair can go either direction, not completely safe yet.... I will take profit at some positions as seen in orders & then it will become no loss trade & once it move more on my favor I move SL to BE then it becomes only profit trade & if the momentum starts favoring now then I will ride it to 100 first & from there it can be seen, whether it gets rejected or give maybe 103, 105, 107 or 110..... lets see....it sounds too optimistic at this time, but thats good for trading..
Risk / Trade Management is the name of the Game
  • #37,619
  • Oct 2, 2013 5:02am Oct 2, 2013 5:02am
usd/jpy long at 96.7/96
A trade should be based on an assumption based on facts
  • #37,620
  • Oct 2, 2013 6:04am Oct 2, 2013 6:04am
what will uncle ben say today? any clues?
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