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USD/JPY Discussion

  • #41,401
  • Jan 10, 2014 8:06am Jan 10, 2014 8:06am
Quoting brinks
{quote} Hahaha you beat me to it i was going to add yet in there
yes, NYSE will open in 25 minutes
  • #41,402
  • Jan 10, 2014 8:20am Jan 10, 2014 8:20am
What we have here is a dead cat bounce. Being a short term trader, I am glad I am not long going into a weekend on this kind of news. I don't think even Abe and his minions can hold back the Yen from strengthening against the USD. A correction is in order. USD has felt toppy and tired against the JPY of late.
  • #41,403
  • Jan 10, 2014 8:42am Jan 10, 2014 8:42am
Quoting Rizmeister
{quote}
I must say, you are the man today!!! Good call, hope it goes your way my brother!!! Green pips to everyone here.
Faith ends where worry begins, and worry ends where faith begins.
  • #41,404
  • Jan 10, 2014 8:55am Jan 10, 2014 8:55am
now im starting to see that push down
  • #41,405
  • Jan 10, 2014 8:56am Jan 10, 2014 8:56am
Now the big question, how low are we going today!!!!!!!
Faith ends where worry begins, and worry ends where faith begins.
  • #41,406
  • Jan 10, 2014 8:58am Jan 10, 2014 8:58am
Quoting forexvegan
Now the big question, how low are we going today!!!!!!!
I feel like this is the perfect storm brewing. I can see today getting down to the 103.50 'ish range. That's the next big support. If it falls through that (especially today), well, let's just say I wouldn't want to be long the dollar on this pair.
  • #41,407
  • Jan 10, 2014 9:05am Jan 10, 2014 9:05am
Quoting Qwiksilver
{quote} I feel like this is the perfect storm brewing. I can see today getting down to the 103.50 'ish range. That's the next big support. If it falls through that (especially today), well, let's just say I wouldn't want to be long the dollar on this pair.
103.80 for me. If not there 103.40. Whoo hoo!!! Lets go, Either way were making money!!!!
Faith ends where worry begins, and worry ends where faith begins.
  • #41,408
  • Jan 10, 2014 9:05am Jan 10, 2014 9:05am
Usd/Jpy has got sell stops at 103.90, more at 103.75. If tripped, could send the pair much lower.
  • #41,409
  • Jan 10, 2014 9:21am Jan 10, 2014 9:21am
Quoting forexvegan
{quote} 103.80 for me. If not there 103.40. Whoo hoo!!! Lets go, Either way were making money!!!!
Okay enough secrets from me. I got out at the bottom. It might go down more, or not. I just made 1.6 M USD off this trade. I put all my chips in. I am withdrawing and going to have a great weekend and taking a few months off. Way to much stress trading like this. I'm sure no one cares or believes me, but that's okay. Have a great weekend guys!!!!!! I will still be around in the forums to see what you guys think or my suggestions. I'm not always right, but I go hard when I think I am. It is possible!!! Green pips to everyone!!!!!!!!!!!!!!!
Faith ends where worry begins, and worry ends where faith begins.
  • #41,410
  • Jan 10, 2014 9:24am Jan 10, 2014 9:24am
Looks like another dead cat bounce topping in the 104.2x range. I'm hoping for one more stab down through 103.80 to new lows for the day. If not now, later this afternoon we should see some new lows as people run for the hills prior to NY session close.
  • #41,411
  • Jan 10, 2014 9:26am Jan 10, 2014 9:26am
Quoting forexvegan
{quote} Okay enough secrets from me. I got out at the bottom. It might go down more, or not. I just made 1.6 M USD off this trade. I put all my chips in. I am withdrawing and going to have a great weekend and taking a few months off. Way to much stress trading like this. I'm sure no one cares or believes me, but that's okay. Have a great weekend guys!!!!!! I will still be around in the forums to see what you guys think or my suggestions. I'm not always right, but I go hard when I think I am. It is possible!!! Green pips to everyone!!!!!!!!!!!!!!!...
1,6 MILLION $ in one move all my account is 3200 euro
  • #41,412
  • Jan 10, 2014 9:29am Jan 10, 2014 9:29am
Quoting artocarpus
{quote} 1,6 MILLION $ in one move all my account is 3200 euro
Keep building. It will come. Like I said I put all my chips in today to make this amount. I tripled my account in about a month because I traded very heavy. Big losses, but even bigger winners. I don't think this style is the smartest so be careful. Anyways lets get back to usd.jpy. Still time for market to move, but looks like it is slowing down.
Faith ends where worry begins, and worry ends where faith begins.
  • #41,413
  • Jan 10, 2014 9:31am Jan 10, 2014 9:31am
Quoting artocarpus
{quote} 1,6 MILLION $ in one move all my account is 3200 euro
its highly unlikely if that was high risk trade, he must have been stopped out on the rush to 105.40 and margin called, strange things you can hear in this forum, dont believe everything you hear.

100 pips - 1.6million - impossible even for Lehman to pull this out
  • #41,414
  • Jan 10, 2014 9:34am Jan 10, 2014 9:34am
Quoting Ulterior
{quote} its highly unlikely if that was high risk trade, he must have been stopped out on the rush to 105.40 and margin called, strange things you can hear in this forum, dont believe everything you hear
I have nothing to prove. Everyone has there theories. I didn't get in at NFP, I got in afterwards at 104.60. I knew the news was negative, and was wondering why this is still climbing. So I said I will go all in. This has to go down, maybe its just waiting for Stock exchange to open. Than I got out at a resistance level. That is all. Anyways I am not here to prove anything, just to say it is possible. Nothing to prove. You take it or leave it. Up to you. Either way, green pips to all!!!!!!!!!!!!
Faith ends where worry begins, and worry ends where faith begins.
  • #41,415
  • Jan 10, 2014 9:37am Jan 10, 2014 9:37am
yeah...that's a little hard to believe...1.6m from a 100 or so pip move.

come on man...if my account had that much money...i would not risk it trading forex and deal with the stress.

i would used the money to get some passive income and not have to worry.
  • #41,416
  • Jan 10, 2014 9:38am Jan 10, 2014 9:38am
Quoting forexvegan
{quote} I have nothing to prove. Everyone has there theories. I didn't get in at NFP, I got in afterwards at 104.60. I knew the news was negative, and was wondering why this is still climbing. So I said I will go all in. This has to go down, maybe its just waiting for Stock exchange to open. Than I got out at a resistance level. That is all. Anyways I am not here to prove anything, just to say it is possible. Nothing to prove. You take it or leave it. Up to you. Either way, green pips to al!!!!!!!!!!!!
anyway, normal broker with leverage 1:100 wouldn't allow to pull this out without taking a risk on margin, which in this case should have been 300000, right?
  • #41,417
  • Jan 10, 2014 9:40am Jan 10, 2014 9:40am
Quoting forexvegan
{quote} I have nothing to prove. Everyone has there theories. I didn't get in at NFP, I got in afterwards at 104.60. I knew the news was negative, and was wondering why this is still climbing. So I said I will go all in. This has to go down, maybe its just waiting for Stock exchange to open. Than I got out at a resistance level. That is all. Anyways I am not here to prove anything, just to say it is possible. Nothing to prove. You take it or leave it. Up to you. Either way, green pips to all!!!!!!!!!!!!
what was your leverage? your total account? and your trades with what size?
just curious
  • #41,418
  • Jan 10, 2014 9:47am Jan 10, 2014 9:47am
Quoting forexvegan
{quote} ....I put all my chips in....
glad it turnes out good for you, have a nice weekend and enjoy!

just to clarify why i put you on ignore
just do it
  • #41,419
  • Jan 10, 2014 9:48am Jan 10, 2014 9:48am
Quoting thodie
{quote} glad it turnes out good for you, have a nice weekend and enjoy! just to clarify why i put you on ignore
hahaha, nice one here
  • #41,420
  • Jan 10, 2014 9:52am Jan 10, 2014 9:52am
Quoting thodie
{quote} glad it turnes out good for you, have a nice weekend and enjoy! just to clarify why i put you on ignore
Okay feel free to ignore me. Everyone is mad at me because I say I made good money. Why? I am just here to say it possible. Please don't be mad, you can do it to. People like this are mad because they wish they could do it to I guess. I don't know. Ignore me. Thank you.
Faith ends where worry begins, and worry ends where faith begins.
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