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USD/JPY Discussion

  • #44,081
  • Mar 17, 2014 3:30am Mar 17, 2014 3:30am
Opinions please.

Currently in the green on three long(s), when the UK Banks and US come online what do you think we will see?
A genius is born every minute, me I am lucky if my socks match.
  • #44,082
  • Mar 17, 2014 3:40am Mar 17, 2014 3:40am
wow.. okay.. me first then.. this is what I am seeing at the moment.

On the M5 the Tenkan is following the kijun meaning we are going for big bull movement, really big as we are seeing some of this now, but even now the tenkan has not breached to form a full tk cross so more to come.
A genius is born every minute, me I am lucky if my socks match.
  • #44,083
  • Mar 17, 2014 3:47am Mar 17, 2014 3:47am
Quoting whackdiddy
wow.. okay.. me first then.. this is what I am seeing at the moment. On the M5 the Tenkan is following the kijun meaning we are going for big bull movement, really big as we are seeing some of this now, but even now the tenkan has not breached to form a full tk cross so more to come.
Right now we are seeing a retrace that could come down and bounce off the kijun currently sitting @ 101.681 for another potential long entry point. Breaking the kijun we may turn bearish but all indicators are pointing to bull.
A genius is born every minute, me I am lucky if my socks match.
  • #44,084
  • Edited 4:29am Mar 17, 2014 4:10am | Edited 4:29am
Need a close over 101.880-101.900 to confirm the further up move.
f(z)=z2+c
  • #44,085
  • Mar 17, 2014 4:25am Mar 17, 2014 4:25am
Quoting spinozagr
DXY at a strong support… My sentiment is that will have a change in direction - going to north stations… i believe that FOMC, that take place in mid week, will help also... DXY will be ALSO responsible for the upcoming correction on the gold… lets see... PS… while the correlation coefficient on the usdjpy hits the +66% on the gold it touches the -76% {image}
I have no doubt... This will be the week of USD...
The good thing with the future is that it is progressively approaching...
  • #44,086
  • Mar 17, 2014 4:28am Mar 17, 2014 4:28am
Is it on its way back down to break 101.20 support
  • #44,087
  • Mar 17, 2014 4:34am Mar 17, 2014 4:34am
Hi guys, I got a sell open at 101.32. any ideas of whether it will head back down again :/

Thanks,
Sunny
  • #44,088
  • Mar 17, 2014 4:38am Mar 17, 2014 4:38am
Quoting tedsung
you can buy USD/JPY now, 100% profit quaranteed.
Awsome realy profit, u r the best.
  • #44,089
  • Mar 17, 2014 4:40am Mar 17, 2014 4:40am
Quoting sunny0
Hi guys, I got a sell open at 101.32. any ideas of whether it will head back down again :/ Thanks, Sunny
Yes, this upmove is just correction move. The current trend is still down
If You Can't Join Them, Beat Them!
  • #44,090
  • Mar 17, 2014 4:43am Mar 17, 2014 4:43am
  •  EDG
  • | Joined Feb 2007 | Status: Nothing is fixed. Keep an open mind | 229 Posts
i would expect usdjpy to make a turn up with target 102.50 if the current support at 102.70 is not breached
Hindsight is useless if you never learn anything out from it
  • #44,091
  • Mar 17, 2014 4:44am Mar 17, 2014 4:44am
  •  EDG
  • | Joined Feb 2007 | Status: Nothing is fixed. Keep an open mind | 229 Posts
Quoting EDG
i would expect usdjpy to make a turn up with target 102.50 if the current support at 102.70 is not breached
sorry for the error..i would expect usdjpy to make a turn up with target 102.50 is the current support at 10170 is not breached.
Hindsight is useless if you never learn anything out from it
  • #44,092
  • Mar 17, 2014 4:56am Mar 17, 2014 4:56am
Quoting hrwn47
{quote} Yes, this upmove is just correction move. The current trend is still down
Oh I hope you are right! Kind of got confused.

Thanks,
Sunny
  • #44,093
  • Mar 17, 2014 5:05am Mar 17, 2014 5:05am
Quoting Chicky
{quote} 96.56 104.07 100% fib =751 pips 50% fib = 376 pips 25% fib =188 pips Deduct 188 pips from 104.08 until 96.56, and we get these levels: 104.08 102.20 100.32 98.44 96.56 Keep on deducting 98 pips at each level from 104.08 until 96.56 .................and we get smaller levels.

Let's see what happens after Gold touches $1400
  • #44,094
  • Mar 17, 2014 5:18am Mar 17, 2014 5:18am
Quoting stylinex
{quote} Let's see what happens after Gold touches $1400
have you got any information, or do u see something in the chart that gold will touch 1400?
The good thing with the future is that it is progressively approaching...
  • #44,095
  • Mar 17, 2014 5:21am Mar 17, 2014 5:21am
Quoting sunny0
{quote} Oh I hope you are right! Kind of got confused. Thanks, Sunny
You're making big mistake now.
  • #44,096
  • Mar 17, 2014 5:22am Mar 17, 2014 5:22am
Quoting Jonh
{quote} You're making big mistake now.
its going to continue up?
  • #44,097
  • Mar 17, 2014 5:25am Mar 17, 2014 5:25am
Quoting sunny0
{quote} its going to continue up?
God only knows. Maybe. But it doesn't really matter actually.
  • #44,098
  • Mar 17, 2014 5:27am Mar 17, 2014 5:27am
Quoting Jonh
{quote} God only knows. But it doesn't really matter actually.
lol it does matter because i have a sell position open and im in the minus. im quite new to this
  • #44,099
  • Mar 17, 2014 5:30am Mar 17, 2014 5:30am
Quoting sunny0
{quote} lol it does matter because i have a sell position open and im in the minus. im quite new to this
Real or demo?
  • #44,100
  • Mar 17, 2014 5:35am Mar 17, 2014 5:35am
Quoting Jonh
{quote} Real or demo?
its on real :/ ive been fine trading this before but just took this trade by error :/ i hope it drops down even if it later during the week!
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