Attachments: USD/JPY Discussion

USD/JPY Discussion

#43,321
Feb 19, 2014 2:07am Feb 19, 2014 2:07am

Ken A
Joined Jun 2012 | Status: ケンジ | 21,416 Posts

Quoting Ravelt

Disliked

{quote} yeah, did i missed something ?

Ignored

No you didn't

#43,322
Feb 19, 2014 2:16am Feb 19, 2014 2:16am

hathor
Joined Dec 2013 | Status: Trader | 2,141 Posts

Turning from fibo 50% would be nice..

Edit
I just noticed that the (thin,red) channel's upper line isn't correctly placed at a top...if I put it right on the top, there are only spikes under that line from the falling wedge... that could mean if this H4 would turn to a bull candle or doji, than there are no closed H4 candles in the channel...

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Name: 2014.02.19. UsdJpy H4.png
Size: 33 KB

f(z)=z2+c

#43,323
Feb 19, 2014 2:21am Feb 19, 2014 2:21am

Ken A
Joined Jun 2012 | Status: ケンジ | 21,416 Posts

Nothing support to the upside so far and fresh supply is way up

#43,324
Feb 19, 2014 2:25am Feb 19, 2014 2:25am

hathor
Joined Dec 2013 | Status: Trader | 2,141 Posts

corrected

Attached Image (click to enlarge)

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Name: 2014.02.19. UsdJpy H4.png
Size: 34 KB

f(z)=z2+c

#43,325
Feb 19, 2014 3:01am Feb 19, 2014 3:01am

Paulenok
| Joined Dec 2009 | Status: Bear | 1,009 Posts

Short at 102.150, looking for day's low retest and further 101.800

#43,326
Feb 19, 2014 3:10am Feb 19, 2014 3:10am

hathor
Joined Dec 2013 | Status: Trader | 2,141 Posts

Attached Image (click to enlarge)

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Name: 2014.02.19. UsdJpy M15.png
Size: 29 KB

f(z)=z2+c

#43,327
Feb 19, 2014 5:48am Feb 19, 2014 5:48am

hathor
Joined Dec 2013 | Status: Trader | 2,141 Posts

invalidation point is 101.384, but in my view 101.900 is the last "comfortable" point to turn the market up...:/

f(z)=z2+c

#43,328
Edited 6:14am Feb 19, 2014 5:54am | Edited 6:14am

Kenjlau
| Joined Jan 2014 | Status: Trader | 60 Posts

I see what you saying, as those levels are also fib levels on my hourly chart. but the direction will most likely depends on the US data later, agree no? and china pmi too

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#43,329
Feb 19, 2014 6:04am Feb 19, 2014 6:04am

hathor
Joined Dec 2013 | Status: Trader | 2,141 Posts

Quoting Kenjlau

Disliked

I see what you saying, as those levels are also fib levels on my hourly chart. but the direction will most likely depends on the US data later, agree no? and china pmi too {image}

Ignored

Yes, but I hate when my success depends on datas...hate that soooo much. And technically 103.000 looks very attractive...

f(z)=z2+c

#43,330
Feb 19, 2014 6:15am Feb 19, 2014 6:15am

Ravelt
| Joined Feb 2013 | Status: The Closer You Look The Less You Se | 194 Posts

Quoting hathor

Disliked

{quote} Yes, but I hate when my success depends on datas...hate that soooo much. And technically 103.000 looks very attractive...

Ignored

i hope it turn into bull on 101.90

#43,331
Feb 19, 2014 6:21am Feb 19, 2014 6:21am

stylinex
Joined Aug 2013 | Status: Trader | 4,057 Posts

Quoting Paulenok

Disliked

Short at 102.150, looking for day's low retest and further 101.800

Ignored

good call

#43,332
Feb 19, 2014 6:39am Feb 19, 2014 6:39am

hathor
Joined Dec 2013 | Status: Trader | 2,141 Posts

EurUsd - down
EurJpy - down
UsdJpy - down

All of them are weak today, so a good US data would make magic for bulls. 50 minutes...

f(z)=z2+c

#43,333
Feb 19, 2014 7:08am Feb 19, 2014 7:08am

xau
| Joined Sep 2012 | Status: :) | 225 Posts

Quoting Kenjlau

Disliked

I see what you saying, as those levels are also fib levels on my hourly chart. but the direction will most likely depends on the US data later, agree no? and china pmi too {image}

Ignored

Yep, mix it with Volcker rule in US, BOJ new tires of QQE machine, and we will get...hmm... i dont know what we will get, but lets wait for news. I'd like to see this pair @108, but who knows, we could reach 99 first.

Attached Image (click to enlarge)