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USD/JPY Discussion

  • #38,401
  • Oct 22, 2013 3:31am Oct 22, 2013 3:31am
I said that yesterday...we will brake the 98.200 and now see you on 99.600 papa
  • #38,402
  • Oct 22, 2013 3:31am Oct 22, 2013 3:31am
going to try some shorts at 98.41 and risk 30 pips...my target is 97.11
Enter Signature
  • #38,403
  • Oct 22, 2013 3:41am Oct 22, 2013 3:41am
Quoting Mahorelas
I said that yesterday...we will brake the 98.200 and now see you on 99.600 papa
lot of important releases this week. lets see if we can even break 99
  • #38,404
  • Oct 22, 2013 3:54am Oct 22, 2013 3:54am
Quoting Mahorelas
I said that yesterday...we will brake the 98.200 and now see you on 99.600 papa

You sound very confident...but I hope you are right.
  • #38,405
  • Oct 22, 2013 4:15am Oct 22, 2013 4:15am
Quoting Even-on-Ten
...my target is 97.11
that said, I cant help but notice some support near 97.80/88...
Enter Signature
  • #38,406
  • Oct 22, 2013 4:16am Oct 22, 2013 4:16am
Hello traders
Here it is what I have for you today: a symmetrical triangle on usd/jpy before the NFP. The RSI failed to break 40 after staying for more than 5 months on overbought area and that means the bulls are still there….waiting for a signal to restart the rally. Could be the NFP today the spark they need? Who knows? All this is happening on a weekly chart. I bought usd/jpy at 98.00 last week but if interested u are still in time to go long. You can see a more detailed analyse of the usd/jpy including my chart on my blog: http://www.forex-galaxy.com/2013/10/...-triangle.html
Green pips to everyone !
Buy when everyone else is selling and sell when everyone else is buying !
  • #38,407
  • Oct 22, 2013 7:37am Oct 22, 2013 7:37am
slip! slip! slip!
  • #38,408
  • Oct 22, 2013 7:53am Oct 22, 2013 7:53am
c'mon UJ, you're a big boy now, you shouldn't be afraid of those scarecrows ( NFP numbers ), just go on. and what about the smaller unemployment rate, ha ?
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
  • #38,409
  • Oct 22, 2013 7:59am Oct 22, 2013 7:59am
SHORT !
Think out of the box........
  • #38,410
  • Oct 22, 2013 8:15am Oct 22, 2013 8:15am
Quoting bikov
c'mon UJ, you're a big boy now, you shouldn't be afraid of those scarecrows ( NFP numbers ), just go on. and what about the smaller unemployment rate, ha ?

Lol - I think what you said to UJ worked

I am long from the low 98's
  • #38,411
  • Oct 22, 2013 8:18am Oct 22, 2013 8:18am
Quoting njr
{quote} Lol - I think what you said to UJ worked I am long from the low 98's

I'm not 100% sure if it worked but looking at hourly candle right now..very bullish candle, I guess those who are buying this stuff know what are they doing.
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
  • #38,412
  • Oct 22, 2013 8:23am Oct 22, 2013 8:23am
There was a BIG chance to buy this shite aaaand as i said we are heading to 99.600
  • #38,413
  • Oct 22, 2013 8:32am Oct 22, 2013 8:32am
looking at this 1h candle I cannot imagine what would be if there were much better NFP numbers ?
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
  • #38,414
  • Oct 22, 2013 8:34am Oct 22, 2013 8:34am
Wtf happened an hour ago?
  • #38,415
  • Oct 22, 2013 8:35am Oct 22, 2013 8:35am
Quoting Godof4x
Wtf happened an hour ago?

nothing important
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
  • #38,416
  • Oct 22, 2013 8:39am Oct 22, 2013 8:39am
Quoting bikov
{quote} nothing important
probably going to tease 98.5 soon. madness!
  • #38,417
  • Oct 22, 2013 8:45am Oct 22, 2013 8:45am
I wish after reaching .987x (if it go there ) it will go down to .9710-.9720 area....

Attached Image (click to enlarge)
Click to Enlarge Name: UJ wave count.png Size: 48 KB
Never test the depth of water with both feet.
  • #38,418
  • Oct 22, 2013 9:34am Oct 22, 2013 9:34am
everything is possible here, down to 96 or up to 100.6 but long term trend stays intact. only some SL would be burned but that's the part of the game. only those with enough patience would make some money. and for one thing I'm sure - this parabolic up move at EU & GU is non sense.
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
  • #38,419
  • Oct 22, 2013 9:43am Oct 22, 2013 9:43am
Quoting fxlover11
I wish after reaching .987x (if it go there ) it will go down to .9710-.9720 area.... {image}
Ok , wave B of wave 2 may be completed @98.47. I wish wave 2 will be completed @9710-9720 area.
Never test the depth of water with both feet.
  • #38,420
  • Oct 22, 2013 10:34am Oct 22, 2013 10:34am
I think that this drop of USD on all fronts is a gift for USD bulls, specially GU and UsdChf...and of course my favorite UJ. UJ still in the weekly triangle which is very tight right now. To be or not to be these days.
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
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