USD/JPY Discussion

shorted at 97.03, tp at 96.68.

How long you reckon?

ive got that daigonal ending possibly around midnight.. if everything were to go.. optimal

http://www.chicagotribune.com/news/c...,1118790.story

I think it's a false sell off on UJ. It made already few bottoms. I am targeting 97.60. At 4H it should go around 97.80.

i dont think its going much further. especially with bama saying he would increase ceiling for the time being.

i just wanna get even and close. and get setup for the long

i set a stop at 97.40, so i'll hold onto it as long as this stop is not breached.

watch the pa closely at 96.85 as it could be a tough one

sorry, i'm new to this forum. what is pa?

PA = Price Action

boy 96.85 seems like a solid wall so far! I'm still with my view of daily close below 96.85, preferably below 96.80

let's see!

my first message ... : complete newbie : will be trading mostly on macro view :

two lots of long one at 96.66 and another 97.30 .. .... hope to see it go up once the Americans get their act together ...

i think its going to touch the upper trend again. then take its nice drop below 96.85. hopefully for one hit on bottom trend and then breakout north

What trend line are you referring to?

Thank you.

I think we are in for some games over next couple days. I believe the bottom is in, but price reversing exactly off .618 is usually revisited soon. This is assuming it does bottom here. It might just continue on down to 96.74 before reversing again, but I favor the posted chart scenario given that no decisions appear to be made before Thursday.

Inverse H/S on H1 chart developing, currently at possible right shoulder

Good Night

All right, now we're shaking out the .618's. Can't let them in easily! If this is another bottom, it won't need to be revisited.

Not real sure where to move the target right now. 98.20 puts me at 1:1 r/r. I'd like to go for more, but this pair didn't pop off the bottom like I had hoped it would. It looked rather weak, actually. It might go up like I expect, but the ride might be bumpy. Not interested in riding a bunch of waves, wasting time. Watching this next wave up (if it happens) very closely. Hoping to see some power. Not looking likely atm.