Attachments: USD/JPY Discussion

USD/JPY Discussion

#39,681
Nov 20, 2013 1:52pm Nov 20, 2013 1:52pm

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

I believe the only reason this isn't higher at the moment is because the selloff in the EUR resulted in more heavy buying in JPY than in USD, which propped up JPY.

I'm still short because this is still feeling kind of toppy to me.

#39,682
Nov 20, 2013 1:52pm Nov 20, 2013 1:52pm

Mahorelas
| Joined Jan 2013 | Status: Trader | 27 Posts

AT THE begining this day i got 200e now i have 150 FUCK THIS lol idiotic speculations and my idiotic emocions

#39,683
Nov 20, 2013 1:58pm Nov 20, 2013 1:58pm

Jgcole83
Joined Mar 2013 | Status: Fear and hope remain the same | 562 Posts

Just wait until later tonight.

"A true speculator tries the market small." - Jesse Livermore

#39,684
Nov 20, 2013 2:14pm Nov 20, 2013 2:14pm

jsshuai
| Joined Aug 2013 | Status: Trader | 191 Posts

u/j is still above the weekly pivot, the bias is to the upside.

use leverage with caution...

#39,685
Nov 20, 2013 2:16pm Nov 20, 2013 2:16pm

nisack
| Joined Oct 2013 | Status: Trader | 82 Posts

"Taper likely in coming months on beta data" isn't even good news. I really struggle to see how it can stay above 100. Even if it does, it's JPY losing value not USD gaining value...

#39,686
Nov 20, 2013 2:21pm Nov 20, 2013 2:21pm

eliteincome
| Joined Aug 2011 | Status: Trader | 2,640 Posts

Harrow Yen Masters

Never a dull moment trading the YEN pairs

Been picking away on these dips

Been waiting for this EUR/YEN

Would love to see 130

#39,687
Nov 20, 2013 2:23pm Nov 20, 2013 2:23pm

Beau168
| Joined Nov 2013 | Status: Trader | 37 Posts

I really enjoyed trading this pair today, was far more interesting than the Euro/usd that I normally trade. Personally it's a lot more stable and predictable so easy to trade off the highs/lows....

#39,688
Nov 20, 2013 2:37pm Nov 20, 2013 2:37pm

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

Quoting Beau168

Disliked

I really enjoyed trading this pair today, was far more interesting than the Euro/usd that I normally trade. Personally it's a lot more stable and predictable so easy to trade off the highs/lows....

Ignored

Careful, that's not always the case. I've been burned a few times on triple digit pip movements for absolutely no reason.

#39,689
Nov 20, 2013 2:57pm Nov 20, 2013 2:57pm

kweiss10
| Joined Jul 2013 | Status: Trader | 749 Posts

Quoting CJayB

Disliked

{quote} Careful, that's not always the case. I've been burned a few times on triple digit pip movements for absolutely no reason.

Ignored

been there and didnt like it one bit

#39,690
Nov 20, 2013 3:07pm Nov 20, 2013 3:07pm

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

Looks like we should be getting the BOJ statement in around 2 hours and 45 minutes.

Any bets on up, down, or flat?

#39,691
Nov 20, 2013 5:20pm Nov 20, 2013 5:20pm

maximinus
| Joined May 2010 | Status: Non Member | 2,751 Posts

it's still bull for me and more if H4 close >100.15/20. If true target is 102.xx

GL

Don't be smart. Be rich.

#39,692
Nov 20, 2013 5:27pm Nov 20, 2013 5:27pm

Jeremy Oak
| Joined Jul 2013 | Status: Trader | 190 Posts

http://www.fxstreet.com/news/forex-n...3-f1f5a41a8ba9

#39,693
Nov 20, 2013 6:41pm Nov 20, 2013 6:41pm

mrluckystar
Joined May 2011 | Status: Balance sh*t | 2,062 Posts

Quoting maximinus

Disliked

it's still bull for me and more if H4 close >100.15/20. If true target is 102.xx GL

Ignored

Agree..
H4 chart show trend still bulish n bulish momentum is building for bullish...
It just break IB setup on daily...

It not ready for turning yet...

Peace Yo!