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USD/JPY Discussion

  • #38,181
  • Oct 15, 2013 9:48am Oct 15, 2013 9:48am
Quoting pohchuan
All fundamental & technical are out of the window.....the circus crown will speak in 5 mins time
I am sitting on the side line for now until I see something change. As of now the dollar trend is bullish. Will shor once direction changes.
  • #38,182
  • Oct 15, 2013 10:30am Oct 15, 2013 10:30am
Someone just farted....the latest round of proposal was rejected by obama.

i say lets do the default dance
  • #38,183
  • Oct 15, 2013 10:31am Oct 15, 2013 10:31am
Quoting DingDongWay
{quote} I favor your comment. I am seeing 98.4 current pricing area as a Pivoting point... I sees it as a level filling up with strength for the upcoming bullish move.
I think second to that, i hope it will continue its journey to the North.... one more level to watch above to be cautious of will be 99.6 area in view if it ever goes there....
Sincerely Yours Cheers!
  • #38,184
  • Oct 15, 2013 10:42am Oct 15, 2013 10:42am
2013.10.15 14:53:06 FED'S FISHER EXPECTS 'SLOPPY' U.S. ECONOMIC DATA FOR A COUPLE MONTHS DUE TO GOVERNMENT SHUTDOWN -INTERVIEW


That's the statement that put the damper.
  • #38,185
  • Oct 15, 2013 10:44am Oct 15, 2013 10:44am
98.70 resisted 3rd time
  • #38,186
  • Oct 15, 2013 10:46am Oct 15, 2013 10:46am
This roller coaster created nice rhombus ..

Attached Image (click to enlarge)
Click to Enlarge Name: nice rhombus.png Size: 55 KB
Never test the depth of water with both feet.
  • #38,187
  • Oct 15, 2013 1:34pm Oct 15, 2013 1:34pm
And the roller coaster ride continues :-)

I smell a pull back coming during the Asia trading hours :-)
  • #38,188
  • Oct 15, 2013 1:34pm Oct 15, 2013 1:34pm
http://www.cnbc.com/id/101087385

This the reason for the change in sentiment..
  • #38,189
  • Oct 15, 2013 1:44pm Oct 15, 2013 1:44pm
I believe this is a good buy opportunity.
  • #38,190
  • Oct 15, 2013 1:47pm Oct 15, 2013 1:47pm
this bear momentum look strong enough .. i'll wait at least until 97.xx to buy on the dip
  • #38,191
  • Oct 15, 2013 1:48pm Oct 15, 2013 1:48pm
Quoting Iwc
I believe this is a good buy opportunity.
But look at speed
  • #38,192
  • Oct 15, 2013 1:57pm Oct 15, 2013 1:57pm
Quoting Rizqidante
this bear momentum look strong enough .. i'll wait at least until 97.xx to buy on the dip
I think it's all happening because of predictions for 17th of this month. Hope USA resolve issue today otherwise it will go too much down.
  • #38,193
  • Oct 15, 2013 2:01pm Oct 15, 2013 2:01pm
Quoting Rizqidante
this bear momentum look strong enough .. i'll wait at least until 97.xx to buy on the dip
If negotiations to not recommence in the next few hours then this should pull back to the mid 97 levels and I will look to buy there.....

Apparently the Treasury Market is prepared for a default even if it is only a few days!!!!!

http://www.cnbc.com/id/101111872
  • #38,194
  • Oct 15, 2013 2:01pm Oct 15, 2013 2:01pm
Hello US/JPY

Well the up move was never
going to take the easy way

I trade small until the dust settles

My autochart still showing up move ahead 100.8

I will sit on my longs for now
  • #38,195
  • Oct 15, 2013 2:09pm Oct 15, 2013 2:09pm
Quoting eliteincome
Hello US/JPY Well the up move was never going to take the easy way I trade small until the dust settles My autochart still showing up move ahead 100.8 I will sit on my longs for now
I expect 100.70 in the coming days or week, still until a deal is realized (which will happen ... most likely) the move up will be a choppy one at least.
  • #38,196
  • Oct 15, 2013 3:53pm Oct 15, 2013 3:53pm
Another buy opportunity...

http://www.cnbc.com/id/101093033

I've place at entry at 97.90 expecting a pull back once Asian opens for trade....
  • #38,197
  • Oct 15, 2013 3:55pm Oct 15, 2013 3:55pm
Going to hit 97.67
Money never sleeps I can hear the dollar calling me
  • #38,198
  • Oct 15, 2013 3:56pm Oct 15, 2013 3:56pm
Quoting Iwc
{quote} I expect 100.70 in the coming days or week, still until a deal is realized (which will happen ... most likely) the move up will be a choppy one at least.
Yes, I agree with you. My long term target is 105
Money never sleeps I can hear the dollar calling me
  • #38,199
  • Oct 15, 2013 4:15pm Oct 15, 2013 4:15pm
Start to think that these people in the us congress are not just look like idiots but they really are....(added long on pullback)
  • #38,200
  • Oct 15, 2013 4:59pm Oct 15, 2013 4:59pm
bounding within 38 and 50 fib.

Perhaps i should worship president obama to bring this sucker upwards.


Nah better not.
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