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USD/JPY Discussion

  • #42,281
  • Jan 29, 2014 7:25am Jan 29, 2014 7:25am
Quoting htsang
{quote} Yes i see that on the daily , and Hourly, but i am not comfortable with entering long here...
I would hope not
  • #42,282
  • Jan 29, 2014 7:36am Jan 29, 2014 7:36am
Screw this pair. I am super bitter right now and sorta annoyed right now. Its just carving down.
  • #42,283
  • Jan 29, 2014 8:03am Jan 29, 2014 8:03am
Still holding my shorts boyzzz........... who else took it?
Attached Image (click to enlarge)
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  • #42,284
  • Jan 29, 2014 8:07am Jan 29, 2014 8:07am
Quoting Flybird
Still holding my shorts boyzzz........... who else took it? {image}
Im out this trade for 80 pips...theres bulls waiting @ 102.00 besides i was going to hold it for fomc but I dont think im comfortable gambling with 80 pips in the market even tho its half off and break even SL. Theres something ominous in the air, Usd/jpy fell down too quick
  • #42,285
  • Jan 29, 2014 8:10am Jan 29, 2014 8:10am
Quoting IveGotQuads
{quote} Im out this trade for 80 pips...theres bulls waiting @ 102.00 besides i was going to hold it for fomc but I dont think im comfortable gambling with 80 pips in the market even tho its half off and break even SL. Theres something ominous in the air, Usd/jpy fell down too quick

Of course it fell down too quick...they are setting up buy positions... bc FOMC will be bullish watch. (We like to call it manipulation)
  • #42,286
  • Jan 29, 2014 8:14am Jan 29, 2014 8:14am
awww...i miss the nice move

oh wells...got fed coming up
  • #42,287
  • Jan 29, 2014 8:16am Jan 29, 2014 8:16am
Quoting Rizmeister
{quote} Of course it fell down too quick...they are setting up buy positions... bc FOMC will be bullish watch. (We like to call it manipulation)
Looks like hedging. I added to longs at 102.06
"The market can remain irrational longer than you can remain solvent"
  • #42,288
  • Jan 29, 2014 8:17am Jan 29, 2014 8:17am
How bout that yen, USDJPY 99.75
When the facts change I change my mind, what do you do sir
  • #42,289
  • Jan 29, 2014 8:21am Jan 29, 2014 8:21am
Quoting Flybird
Still holding my shorts boyzzz........... who else took it? {image}
I am taking short, seem it will bounce on a solid support, better taking profit first....looking for another short apportunity
  • #42,290
  • Edited 9:08am Jan 29, 2014 8:25am | Edited 9:08am
Down

A note of caution: A retest of the Downward trend line might be due.
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  • #42,291
  • Jan 29, 2014 8:36am Jan 29, 2014 8:36am
Quoting Rizmeister
{quote} Of course it fell down too quick...they are setting up buy positions... bc FOMC will be bullish watch. (We like to call it manipulation)
Take a look at what just happened on E/U
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
  • #42,292
  • Jan 29, 2014 9:08am Jan 29, 2014 9:08am
Lol I nearly got my SL hit and nearly got my TP hit over night :/
wth
  • #42,293
  • Jan 29, 2014 10:10am Jan 29, 2014 10:10am
http://i.imgur.com/tLonJrl.png
  • #42,294
  • Jan 29, 2014 10:10am Jan 29, 2014 10:10am
Quoting mm2mm
Lol I nearly got my SL hit and nearly got my TP hit over night :/ wth
If you're going to use a stop it should be a trailing one.
"A true speculator tries the market small." - Jesse Livermore
  • #42,295
  • Jan 29, 2014 10:17am Jan 29, 2014 10:17am
A 100 point drop overnight prior to Bernankes swan song address at 2:00 pm today..will the USD rally after his statement so he can ride off into the sunset looking like a hero ?
  • #42,296
  • Jan 29, 2014 10:32am Jan 29, 2014 10:32am
Quoting freundr
A 100 point drop overnight prior to Bernankes swan song address at 2:00 pm today..will the USD rally after his statement so he can ride off into the sunset looking like a hero ?

Probably the whole plan..
  • #42,297
  • Jan 29, 2014 1:07pm Jan 29, 2014 1:07pm
...a little jingle jangle...
  • #42,298
  • Jan 29, 2014 1:12pm Jan 29, 2014 1:12pm
the fu.. is hapennin here, the taper ... lots of indecision here
  • #42,299
  • Jan 29, 2014 1:13pm Jan 29, 2014 1:13pm
Shall we buy this pair now or what ??
  • #42,300
  • Jan 29, 2014 1:14pm Jan 29, 2014 1:14pm
Quoting pipBlast
the fu.. is hapennin here, the taper ... lots of indecision here
I ran a whole bunch of scenarios through my head...this was not one of them. Market never ceases to amaze.
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