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USD/JPY Discussion

  • #38,721
  • Nov 1, 2013 11:21am Nov 1, 2013 11:21am
Quoting Olu
{quote} update: Now if we can just take out 99.00.... {image}

Price could retest the 98.60 breakout area I showed on the chart. A successful retest would be a good place to add more looking for much higher prices

Olu
If you think you can or cannot do it you are correct
  • #38,722
  • Nov 1, 2013 11:25am Nov 1, 2013 11:25am
Olu, True
Sincerely Yours Cheers!
  • #38,723
  • Nov 1, 2013 11:58am Nov 1, 2013 11:58am
What's olu?
  • #38,724
  • Nov 1, 2013 12:54pm Nov 1, 2013 12:54pm
USD/JPY H1 Chart

It is on the resistance area. We may see a big drop.
Attached Image (click to enlarge)
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  • #38,725
  • Nov 1, 2013 1:43pm Nov 1, 2013 1:43pm
Quoting davidsayli
USD/JPY H1 Chart It is on the resistance area. We may see a big drop. {image}
In my view, we might have some interesting reaction at 98.67....
Sincerely Yours Cheers!
  • #38,726
  • Nov 1, 2013 2:05pm Nov 1, 2013 2:05pm
Quoting forex_fairy
What's olu?

Olu is my name Forex_Fairy

Olu
If you think you can or cannot do it you are correct
  • #38,727
  • Nov 1, 2013 3:44pm Nov 1, 2013 3:44pm
I think any word is useless. I leave you to draw the conclusions by yourself:

Attached Image (click to enlarge)
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Buy when everyone else is selling and sell when everyone else is buying !
  • #38,728
  • Nov 1, 2013 9:40pm Nov 1, 2013 9:40pm
Quoting davidsayli
If Head&Shoulders Pattern occures it may rise to the 106.50 USD/JPY DAILY CHART {image}
Sorry but I'll have to take your projections with a grain of salt. Btw that was your projection back on

  1. Aug 18, 2013 11:43am.

"A true speculator tries the market small." - Jesse Livermore
  • #38,729
  • Edited 1:38am Nov 2, 2013 1:25am | Edited 1:38am

http://img11.imageshack.us/img11/6071/w11f.jpg


I couldn't agree more with davidsayli that if USDJPY couldn't break 99 Psych level. we may see a big drop. or if break it may test 261.8 day fibo around 102.55

I want to be rich.
  • #38,730
  • Nov 2, 2013 1:56am Nov 2, 2013 1:56am
Quoting eurusdthb
{image} I couldn't agree more with davidsayli that if USDJPY couldn't break 99 Psych level. we may see a big drop. or if break it may test 261.8 day fibo around 102.55
According to fundamental, If Abe raised sales tax, UJ would loss on Yen strength. Also, Dollar is in trouble with its debt ceiling and has postponed to next year. Instead of taper Fed should rather increase its stimulus. If this's true UJ may drop substantially. But who knows
I want to be rich.
  • #38,731
  • Nov 2, 2013 2:00am Nov 2, 2013 2:00am
If everyone thinks drop then it will rise . Typicall for UJ
  • #38,732
  • Nov 2, 2013 12:05pm Nov 2, 2013 12:05pm
Quoting jitu.ahuja
{quote} Thanks for ur suggestn buddy. Can u also suggest me on eur/jpy as i opn a buy level at 135.3 and it is dip too much. Is there any chances tht i will recovr ths deal in next week or so???
I think its found some good support at 133. I don't have a position in Eurjpy, but if I was gonna do anything Id be a buyer here and Id be watching the flat top at 134.
Attached Image (click to enlarge)
Click to Enlarge Name: Eurjpy.PNG Size: 320 KB
"A true speculator tries the market small." - Jesse Livermore
  • #38,733
  • Nov 2, 2013 12:45pm Nov 2, 2013 12:45pm
Quoting arenoosh
I think any word is useless. I leave you to draw the conclusions by yourself: {image}

Those are good stats A. Well done
If you think you can or cannot do it you are correct
  • #38,734
  • Nov 3, 2013 6:35am Nov 3, 2013 6:35am
Come on bears! You are talking about a big dip since a month now....
  • #38,735
  • Nov 3, 2013 6:38am Nov 3, 2013 6:38am
And bulls who are talking about 106.... must know this is not going to happen in a month time.. so it is useless to set TP there. If you do, you are not trading, you are just investing for a long term.
  • #38,736
  • Nov 3, 2013 8:25am Nov 3, 2013 8:25am
Tommorow is holiday day in Japan, so if Europe and US guys try hard enough we can see 99. Most of traders keep their long orders so let's hope for gap up after market opens.
  • #38,737
  • Nov 3, 2013 8:54am Nov 3, 2013 8:54am
Quoting mazurskilos
Tommorow is holiday day in Japan, so if Europe and US guys try hard enough we can see 99. Most of traders keep their long orders so let's hope for gap up after market opens.
Imo heavily depends on oil right now. It has been heavily sold and USD strenghtened a lot. Wish I understood to oil market more, dont know what is actually happening. But lets say if they are closed in Japan, main money flow affecting this pair could be coming from the USD part, therefore oil, and NYSE.
T
"I know one thing, that I know nothing." Sokrates
  • #38,738
  • Nov 3, 2013 9:35am Nov 3, 2013 9:35am
Hi, what low do you expect for Oil ?

Quoting Tom_D_Trader
{quote} Imo heavily depends on oil right now. It has been heavily sold and USD strenghtened a lot. Wish I understood to oil market more, dont know what is actually happening. But lets say if they are closed in Japan, main money flow affecting this pair could be coming from the USD part, therefore oil, and NYSE. T
  • #38,739
  • Nov 3, 2013 9:53am Nov 3, 2013 9:53am
Quoting iahmedz
Hi, what low do you expect for Oil ? {quote}
Well I dont understand to Oil market, thats why I asked Jeremy. Imo it is hardest market in the world, so all I do is watching daily changes, so I see when some big shifts start, so I can start reading and paying attention. Would love to help, just cant, so dont listen to me.

Anyways, quote FT.com
Iraq’s semi autonomous region of Kurdistan has given its clearest signals yet that it is preparing to realise the export of oil and gas by pipeline via Turkey, independent of the Iraqi central government in Baghdad.

http://blogs.ft.com/beyond-brics/201...#axzz2jbdZm1sy

Btw, they told me you should read whole article and am not allowed to copy paste, or they will sue my ass. Pls dont sue me FT .

T
"I know one thing, that I know nothing." Sokrates
  • #38,740
  • Nov 3, 2013 10:01am Nov 3, 2013 10:01am
Quoting Jgcole83
{quote} I think its found some good support at 133. I don't have a position in Eurjpy, but if I was gonna do anything Id be a buyer here and Id be watching the flat top at 134. {image}

Thnks for ur suggestn
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