USD/JPY Discussion

Interesting set up going into NFP, U/J usually trades thru these types of flag set ups in a relatively predictable manner when its trending strongly.

Expect a break higher on strong nfp up out of the triangle

Interesting set up citiboy. not really traded triangles...
u wouldn't recommend scalping this tomorrow, would you? (kidding... ummm kind of)

Post nfp usually good for 1 or two scalps right after the number. take your 15-25 pips and run.

I took a small long here near 101.80 want to get a chance to add near 101.50 but doubt it will go there.

looks like it wants to make an early break?

Gidday YEN Masters

Thanks for posting

EUR/US so high an still climbing

Trading turtle mode until I can off load some longs

in the US/JPY

The YEN bus is fully loaded

.....for a brief minute I thought you were using 'Turtle Trading' rules

back in with shorts

possitive divergence on 15 min macd....

usd jpy seems be bulish today. jpy weakness rally is begane.

If you put a 50MA on that chart you will see that PA has hooked-up there at the moment.

A trip from under 100 to 103.37 must have some correction, no need for much excitement. It would be very strange if it didn't happen. I took another long at usd/chf and if USD bullish scenario occurs than the trades <0.9 would be for museum together with levels < 90 at UJ. I don't think that FED would announce any tapering in December, don't think that they wont to spoil the s.claus rally, but that doesn't means that it won't come in first half of 2014. Today's NFP will shake the markets for sure, but here at UJ there's no need for worry, the same bullish bias remains, except totally catastrophic numbers which are not expected. At the end, US10y t notes are trading under 125 ( end of October were even 128) and are in obvious downtrend, very supportive for UJ.

Well those numbers ought to help us on the way up to 104.

You would think so wouldnt you

But it doesnt look like it at the moment

UJ goes crazy

I just got out of my shorts and this thing goes up all the way to 102.9x and falls back below 102.5x and still falling.
bulls tired for the week

Look at EU and AU, there was a general weakening of US$ Fter the initial surge. This after slightly better numbers than expected and a reduction in the unemployment rate to 7.0%.

I am expecting the fundies to kick-in any time soon, but there may be some horseplay first.

UJ 4H

It seems the pattern had merit. The TL was reactive, either way I'm trading this plan.

Closed out some near .102.85 added at 102.45

hoping to see 103.40

this ny session will easy risk off i. Tokyo should take all xxx/jpy pairs up.
102.78
140.55
168.17 this one lagging

UJ losing steam now or it could be gathering steam