I see double top formation on H4
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USD/JPY Discussion 7 replies
NZD/JPY Discussion 12 replies
long eur/jpy, gbp/jpy, usd/jpy 11 replies
EUR/USD Bollinger Band Discussion 3 replies
Suidster's GBP/JPY Discussion 19 replies
Dislikedokay, I lied - USD/JPY has a must touch target 104.20, will offload thereIgnored
Disliked{quote} I already did above, which garnered a beautifully arrogant and stupid response from one member. I’m not even going to reply to him. Here is an interesting read, very recent too, November 2013. It’s an IMF Working Paper on the Yen and USD with regards to how it moves and trades during risk-off scenarios, much like what you saw today. http://www.imf.org/external/pubs/ft/wp/2013/wp13228.pdfIgnored
DislikedMan, Usd/Jpy is getting killed... interesting to see how the Nikkei reacts when it opens back up from this week's trading holidays. USDJPY Slumps Most In 4 Months As Nikkei Futures Tumble 450 Points USDJPY – Testing recent lows at 104.15.. below the sell stops of 104.10 are bids at 104.00Ignored
DislikedThey may milk this one back up to about 104.70 now. After that hopefully the dollar will continue back down.Ignored
Disliked{quote} January seems to be a bearish month for this pair. The japanese are usually cashing in their profits in all asset classes around this time. {image}Ignored
DislikedThe US still has the default problem to answer by the 18th of Jan. No idea how this will factor in but most likely it will weaken the dollar until Washington comes up with a resolution. After that will the USD regain its strength because I dont think the US wants to default. But hey, I could be wrong.Ignored
Disliked{quote} USD/JPY: TP1 @ 104,630 reached. Banked half of the position for 58 pips (0,6%, 1 R/R). The rest left running.Ignored
Disliked{quote} USD/JPY: my next possible TPs are located @ 104,20 & then 103,90. At this time it is a bit hard to predict more. Will update. Calling it a day. Take care and trade safe guys!Ignored
Disliked{quote} {quote} Good day traders. Yesterday's USD/JPY short goes as planned. Second TP @ 104,20 has already been hit. 100 pips of floating profit at the moment. Position is still active with no changes. Next stop @ 103,92. As always - good luck guys! {image}Ignored
Dislikeda break of 104 will send this pair to search for a new bottom, even 97 is possibleIgnored
Disliked{quote} Congrats, Sir! I'd like to see USD/JPY drop for some correctionIgnored
Disliked{quote} Thanks. What exactly are you planning to do with that correction? Any trade plans?Ignored