Attachments: USD/JPY Discussion

USD/JPY Discussion

#38,761
Nov 4, 2013 4:12am Nov 4, 2013 4:12am

momochi
| Joined Aug 2013 | Status: eating smarties | 499 Posts

Quoting momochi

Disliked

{quote} small one from 98.75, SL BE i would like to see a visit to 98.4

Ignored

took 10 points switched sides, looks like its turning, risk is paid for on long from 98.65

Do what's right for you

#38,762
Nov 4, 2013 4:23am Nov 4, 2013 4:23am

Olu
Joined Jun 2009 | Status: Trend Trader | 6,277 Posts

UsdJpy 1H

Attached Image

If you think you can or cannot do it you are correct

#38,763
Nov 4, 2013 4:59am Nov 4, 2013 4:59am

momochi
| Joined Aug 2013 | Status: eating smarties | 499 Posts

my thoughts also olu, although it's not looking too convincing so far, guess it monday after all.

Do what's right for you

#38,764
Nov 4, 2013 5:51am Nov 4, 2013 5:51am

trexy123
| Joined Feb 2012 | Status: Trader | 470 Posts

Quoting Olu

Disliked

UsdJpy 1H {image}

Ignored

Are you saying buy?

#38,765
Nov 4, 2013 6:58am Nov 4, 2013 6:58am

pohchuan
| Joined Jan 2013 | Status: Trader | 611 Posts

Quoting trexy123

Disliked

{quote} Are you saying buy?

Ignored

I'm dollar bullish..... could be wrong thou.

#38,766
Nov 4, 2013 8:30am Nov 4, 2013 8:30am

momochi
| Joined Aug 2013 | Status: eating smarties | 499 Posts

out for now, not sure what it's doing will check back later

Do what's right for you

#38,767
Nov 4, 2013 9:03am Nov 4, 2013 9:03am

brinks
| Joined Oct 2011 | Status: Trader | 1,247 Posts

Quoting momochi

Disliked

out for now, not sure what it's doing will check back later

Ignored

with a 26 pip range it isnt doing a lot

#38,768
Nov 4, 2013 9:11am Nov 4, 2013 9:11am

CJayB
| Joined Apr 2012 | Status: Trader | 74 Posts

Quoting brinks

Disliked

{quote} with a 26 pip range it isnt doing a lot

Ignored

For real, I'd like to see a movement in either direction.

I expected the Asia session to be light, but it hasn't moved much in London/NY either.

#38,769
Nov 4, 2013 9:20am Nov 4, 2013 9:20am

njr
| Joined Apr 2013 | Status: Trader | 400 Posts

A dull day indeed.....

I'm sure Kuroda will give us some movement tomorrow...

#38,770
Nov 4, 2013 10:48am Nov 4, 2013 10:48am

momochi
| Joined Aug 2013 | Status: eating smarties | 499 Posts

shown my support to the buyers @98.60 with a small long SL 7 points - looking like it will take some work to get out of this one though!

Do what's right for you

#38,771
Nov 4, 2013 1:22pm Nov 4, 2013 1:22pm

CJayB
| Joined Apr 2012 | Status: Trader | 74 Posts

4h is starting to look a little bearish, but this is still rangebound as far as I'm concerned until we move below 98.50 or above the resistance at 99.

#38,772
Nov 4, 2013 2:44pm Nov 4, 2013 2:44pm

Olu
Joined Jun 2009 | Status: Trend Trader | 6,277 Posts

My take on today's price action

Attached Image

If you think you can or cannot do it you are correct

#38,773
Nov 4, 2013 2:46pm Nov 4, 2013 2:46pm

bogus
Joined Mar 2007 | Status: Symbol | 2,788 Posts

Quoting Olu

Disliked

My take on today's price action {image}

Ignored

Nice

Pretty much what I'm thinking. It is hopefully building up steam to break out of the daily triangle.

FF journal: Peaks and Troffs

#38,774
Nov 4, 2013 4:20pm Nov 4, 2013 4:20pm

zusch
| Joined Feb 2011 | Status: Trade the hot hand. | 668 Posts

Quoting brinks

Disliked

{quote} 100 in the next 24 hours is going to be hard going. Average daily range 70 pips its got to get through 99.000 and break the triangle

Ignored

Pretty boring day so nice call for you. I'm holding still with original stop as I think a poke below today's low is possible, but wouldn't be a sell signal by any means.

99 is very important, yup (last months high).

I don't trade this way, but it is very conceivable to trade U/J like this...
...buy at 99 when/if it gets hit...then put stop at 98.
...buy at 100 when/if it gets hit...then put stop at 99.
...etc

Twitter: @zusch_ -- Preselecting trending pairs, stocks on a weekly basis.