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USD/JPY Discussion

  • #42,181
  • Jan 27, 2014 3:49am Jan 27, 2014 3:49am
Quoting stylinex
{quote} looks like a random spike. I was hoping to see 102.25 but not sure now.
I have a 13 pip Sl @ 102.61 IF I get , stopped out and the trend shows itself again. Ill just re-enter the trade again, Im not too worried about random spike. In retrospect ill be more worried about the trend ending.
  • #42,182
  • Jan 27, 2014 3:51am Jan 27, 2014 3:51am
I cut my losses.Out.. Yo-Yo time. This one is tricky . Could drop a lot or climb a lit from here. Will move in their favor. If DOW and S&P500 are to see a bounce today then we could see 103 easily but if they both drop then so will dollar
  • #42,183
  • Jan 27, 2014 3:55am Jan 27, 2014 3:55am
Quoting IveGotQuads
{quote} I have a 13 pip Sl @ 102.61 IF I get , stopped out and the trend shows itself again. Ill just re-enter the trade again, Im not too worried about random spike. In retrospect ill be more worried about the trend ending.
If everyone is bearish it will climb and if everyone is bullish then it will drop. The opposite always happens
  • #42,184
  • Jan 27, 2014 4:01am Jan 27, 2014 4:01am
luckily I closed. Your stop loss is around the corner. Nikkei may see a bounce tomorrow and with the bounce the YEN weakens
  • #42,185
  • Jan 27, 2014 4:06am Jan 27, 2014 4:06am
Quoting stylinex
luckily I closed. Your stop loss is around the corner. Nikkei may see a bounce tomorrow and with the bounce the YEN weakens
yeah stopped out for a 13 pip loss. If this goes higher then we will see some resistance at the 103.00 zone. Im still bearish unless I see something out of the ordinary.
  • #42,186
  • Jan 27, 2014 4:11am Jan 27, 2014 4:11am
Quoting IveGotQuads
{quote} yeah stopped out for a 13 pip loss. If this goes higher then we will see some resistance at the 103.00 zone. Im still bearish unless I see something out of the ordinary.
I got out with a loss as well. Wrong call cost me $$$
  • #42,187
  • Jan 27, 2014 4:11am Jan 27, 2014 4:11am
me that should be SL?
http://upfree.ssc.vn/images/676s.jpg
  • #42,188
  • Jan 27, 2014 4:13am Jan 27, 2014 4:13am
Bought at 102,53 s/l (102,27)
  • #42,189
  • Jan 27, 2014 4:16am Jan 27, 2014 4:16am
Quoting stylinex
{quote} I got out with a loss as well. Wrong call cost me $$$
You shouldnt see it like that, as far as this trade goes i see it as a win. If you risking 13-15 pips for a confirmed trend entry that may yield up to a potential of 100 pips I dont know what else to say other than Ill take this trade 10 times a day. We made a plan , went with the trend, waited for confimation before entry and it just so happened it stopped us out. we Probably have another chance at re entering short right now
  • #42,190
  • Jan 27, 2014 4:29am Jan 27, 2014 4:29am
Anyway goodluck with your trades im done for the day. cheers
  • #42,191
  • Jan 27, 2014 6:25am Jan 27, 2014 6:25am
??????????
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  • #42,192
  • Jan 27, 2014 6:28am Jan 27, 2014 6:28am
i am out with my longs in my eyes now a good place for risky short(big stop tight stop is on air :/ ). But today enough for me. Blue line 4/8 is a strong ressistence on this indicator.


There is my chart


Good luck.
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  • #42,193
  • Jan 27, 2014 7:07am Jan 27, 2014 7:07am
Quoting Magix
Or... We could just simply wait for a test of the previously supported zone as resistance... {image}
Nice.
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #42,194
  • Jan 27, 2014 9:20am Jan 27, 2014 9:20am
now short - trgt 101.x 38.2fib
  • #42,195
  • Jan 27, 2014 9:30am Jan 27, 2014 9:30am
Quoting Magix
{quote} Nice. {image}
Did'nt close my previous trade yet.... Let the rally begin!
I do stupid things Monday.... I'll be lucky if it can go all the way down around 101.30 or 40ish. Happy Trading!
  • #42,196
  • Jan 27, 2014 9:31am Jan 27, 2014 9:31am
Quoting atx_sonu
{quote} Did'nt close my previous trade yet.... Let the rally begin! I do stupid things Monday.... I'll be lucky if it can go all the way down around 101.30 or 40ish. Happy Trading!


  • #42,197
  • Jan 27, 2014 10:02am Jan 27, 2014 10:02am
why the lowering of the yen. I wonder if the Bears can really make it down. gainfully waiting
Keep the Lights on then you can catch the rise from the dark.
  • #42,198
  • Jan 27, 2014 10:28am Jan 27, 2014 10:28am
risky sell from 102,49 broke down m15 up trend
  • #42,199
  • Jan 27, 2014 10:35am Jan 27, 2014 10:35am
Quoting ricmaj
why the lowering of the yen. I wonder if the Bears can really make it down. gainfully waiting
The short term bearish down trend is dead, I did get in earlier while it was barely ok ( dont know why i did it , guess revenge trading ). But yeah the bulls won this one.
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  • #42,200
  • Jan 27, 2014 10:48am Jan 27, 2014 10:48am
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