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USD/JPY Discussion 6 replies

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USD/JPY Discussion

Quoting pipBlast
{quote} lol? where?, don't get me excited!! i dont see anything =(
Was commenting on the post immediately above mine, from PayTheLimit (?)
Carbon-Dioxide: the gas of life!
USDJPY is neither here nor there, but trading well within the Means (a price where both bulls & bears agree on).

The only market participates likely to do well are those who seek to gain/loss 10-15 pips per trade. The range is tight, not much wiggle room outside of 10 or so pips per trade.

Swing and Momentum traders, this is not your market. It would do you best if you were to wait for 102.65 (high) to be successfully breached -or- 102.02 (low) to be successfully breached.
Quoting Jhig
USDJPY is neither here nor there, but trading well within the Means (a price where both bulls & bears agree on). The only market participates likely to do well are those who seek to gain/loss 10-15 pips per trade. The range is tight, not much wiggle room outside of 10 or so pips per trade. Swing and Momentum traders, this is not your market. It would do you best if you were to wait for 102.65 (high) to be successfully breached -or- 102.02 (low) to be successfully breached.
Pretty much
Quoting Jhig
USDJPY is neither here nor there, but trading well within the Means (a price where both bulls & bears agree on). The only market participates likely to do well are those who seek to gain/loss 10-15 pips per trade. The range is tight, not much wiggle room outside of 10 or so pips per trade. Swing and Momentum traders, this is not your market. It would do you best if you were to wait for 102.65 (high) to be successfully breached -or- 102.02 (low) to be successfully breached.
Save it, guru.
I have no clue what I'm talking about.
oh snap!
Speak of the Devil..and he shall appear.

Quoting Jhig
USDJPY is neither here nor there, but trading well within the Means (a price where both bulls & bears agree on). The only market participates likely to do well are those who seek to gain/loss 10-15 pips per trade. The range is tight, not much wiggle room outside of 10 or so pips per trade. Swing and Momentum traders, this is not your market. It would do you best if you were to wait for 102.65 (high) to be successfully breached -or- 102.02 (low) to be successfully breached.
Quoting lhet
{quote} i'm aiming just for 101.40.
Finally lol
Money never sleeps I can hear the dollar calling me
gonna shoot back up once interest hits japan.
projection USD JPY VS NIKKEI

hmmmm
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Quoting Dano12
projection USD JPY VS NIKKEI
Yeah I watch the USD/JPY overlayed on the Japanese Banks Index (TOPIX)
Topix is the Red line on the chart below (Right hand scale), Yen is blue candle left hand scale.
It doesn't look very supportive for USD/JPY bulls I reckon.
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It's been in tight range 5 days in a row *sigh*

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Its forming head and shoulders on daily
kiss the trend
looking to trade against 102.33 or 101.55 today...
Look Sharp/Trade Tight
Quoting Ken A
It's been in tight range 5 days in a row *sigh* {image}
Either we need some good ol' fundamentals to kick in or the BoJ needs to step off the buy pedal.
Well this master last evening moved his own buy entry order from 101.75 down to 101.30.
What a miss......
Carbon-Dioxide: the gas of life!
This turn around here has been pretty impressive, wtf happened?
Twitter: @TrendersGame
Quoting Citiboy
This turn around here has been pretty impressive, wtf happened?
Minor fluctuations Citiboy. Best to turn the yen quotes off.
any thoughts on which way this is headed? Need some orientation
USDJPY- offers seen 102.40/50
Quoting kweiss10
any thoughts on which way this is headed? Need some orientation
Down.
Sold another JPY put on the spike earlier (=USDJPY call). Wish I was as heavy in USDJPY shorts as I was in AUDUSD shorts. Ah well, to err is human.
I have no clue what I'm talking about.
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