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USD/JPY Discussion

  • #38,261
  • Oct 17, 2013 12:34am Oct 17, 2013 12:34am
Quoting skyway
short 98.83 sl 99.15 tp tbd

short ej right at jap open 133.75. moments ago too profit uj 98.43 and ej 133.35. will be looking for another entry point.
  • #38,262
  • Oct 17, 2013 2:33am Oct 17, 2013 2:33am
Some order flow info abt Usd/Jpy from twitter.com/OrderFlowForex.. Bids reported at 98.10/15
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  • #38,263
  • Oct 17, 2013 2:40am Oct 17, 2013 2:40am
On the radio this morning the presenter asked a stooge why the market was apparently so unruffled by the debt situation resolution. The reply was that the markets and institutions did not know what to do to prepare for Armageddon, so they had nothing to undo. Interesting
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
  • #38,264
  • Oct 17, 2013 2:53am Oct 17, 2013 2:53am
Sell stops below 97.90
  • #38,265
  • Oct 17, 2013 3:02am Oct 17, 2013 3:02am
wow, where is this going
  • #38,266
  • Oct 17, 2013 3:02am Oct 17, 2013 3:02am
Quoting EmeraldEyes
Sell stops below 97.90
stops ran. still some hard downward pressure on UJ
  • #38,267
  • Oct 17, 2013 3:03am Oct 17, 2013 3:03am
Grr...last day I closed my short....Everyone crystal gazing for 99 and 100...
  • #38,268
  • Oct 17, 2013 3:08am Oct 17, 2013 3:08am
Congrats to all who sell this pair...
  • #38,269
  • Oct 17, 2013 3:13am Oct 17, 2013 3:13am
Long 97.90 with stop 97.60, target 98.25

35/30; reward/risk, pretty bad but odds look good
  • #38,270
  • Oct 17, 2013 3:20am Oct 17, 2013 3:20am
WTH is wrong with dollar why it is falling now??
  • #38,271
  • Oct 17, 2013 3:24am Oct 17, 2013 3:24am
Quoting umair55
WTH is wrong with dollar why it is falling now??
Negative USD sentiment from delaying debt cieling debates.
  • #38,272
  • Oct 17, 2013 3:27am Oct 17, 2013 3:27am
Quoting umair55
WTH is wrong with dollar why it is falling now??

My guess is Buy on Rumour and sell on news...
  • #38,273
  • Oct 17, 2013 3:32am Oct 17, 2013 3:32am
Quoting fatpanda
SHORT NOW TP 96.80
very good call I was also thinking it would drop so I bought a fairly large position
  • #38,274
  • Oct 17, 2013 4:01am Oct 17, 2013 4:01am
it's SL hunting season? the beast(market) has to eat and prepare for long journey.
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
  • #38,275
  • Oct 17, 2013 4:15am Oct 17, 2013 4:15am
Quoting stylinex
{quote} very good call I was also thinking it would drop so I bought a fairly large position
any support that it will fall that low?
  • #38,276
  • Oct 17, 2013 4:17am Oct 17, 2013 4:17am
Quoting bikov
it's SL hunting season? the beast(market) has to eat and prepare for long journey.

Sound like we have to go long...but not before the hunting is over.
  • #38,277
  • Oct 17, 2013 4:29am Oct 17, 2013 4:29am
Quoting kweiss10
{quote} any support that it will fall that low?
I had mentioned on here a few times before that often or many times when we see either consecutive gains for many days in either bullish trend or bearish trend watch out for a big reversal on Thursday or Friday of each week. You will see this happen at least once a month. Almost a guaranteed thing to happen. This market is rigged lol.. Plain and simple. Just go back and look at the last say 6 months or so as an example.

We were forming a bullish trend starting last Thursday. So you have Thursday and Friday of last week being positive followed by Monday,Tuesday,Wed. And this Thursday morning which was the final icing on the cake. This drop was due today.
  • #38,278
  • Oct 17, 2013 4:31am Oct 17, 2013 4:31am
Quoting multi888
{quote} Sound like we have to go long...but not before the hunting is over.
Another buying opportunity will for sure emerge. We just need to wait for bottom to form.
  • #38,279
  • Oct 17, 2013 4:40am Oct 17, 2013 4:40am
Quoting stylinex
{quote} Another buying opportunity will for sure emerge. We just need to wait for bottom to form.

ok thanks...waiting for your signal.
  • #38,280
  • Oct 17, 2013 4:40am Oct 17, 2013 4:40am
Quoting stylinex
{quote} I had mentioned on here a few times before that often or many times when we see either consecutive gains for many days in either bullish trend or bearish trend watch out for a big reversal on Thursday or Friday of each week. You will see this happen at least once a month. Almost a guaranteed thing to happen. This market is rigged lol.. Plain and simple. Just go back and look at the last say 6 months or so as an example. We were forming a bullish trend starting last Thursday. So you have Thursday and Friday of last week being positive...
Quoting stylinex
{quote}Another buying opportunity will for sure emerge. We just need to wait for bottom to form.
Fully agree! Watch the data for correct timing. US market or jap open will reveal the buy chance.
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