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USD/JPY Discussion 6 replies

NZD/JPY Discussion 12 replies

long eur/jpy, gbp/jpy, usd/jpy 11 replies

EUR/USD Bollinger Band Discussion 3 replies

Suidster's GBP/JPY Discussion 19 replies

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USD/JPY Discussion

Quoting smash1820
{quote} Yes, exactly right. I would suggest (to anyone) go long after a pullback... Very keen to observe the 103.31 resistance and I absolutely agree with you, but we also have support around 103.20, so I think we either stay range-bound tonight and then break higher, or we just outright break higher. Price action is holding up nicely, so far... so I don't see much downside from here.

I am using 102.98 as intermediate support right now...and I would not be surprised if we went down first then up, either way, I wait..good luck today mate..
Look Sharp/Trade Tight
Quoting DingDongWay
{quote} Nice view, regardless of which angle you're looking at, All while the News is already there... QE blah blah on US strengthening. These minor moves aint moving the whole market in general longer direction. You're kinda Humble in looking at 104. Personally towards future further bull riding like previously which all while most aiming for who are investing are awaiting 106 or rather maybe 118. With above, a bear might be in the picture too, but if tentatively - its more on the North run.
thanks, i thing i will close, before NFP.
and take another chance after NFP
Quoting smash1820
{quote} 103.42 should break first. That means go long.
there is the obvious divide,103.00.bullish is on the way.stop lose @ 103.actually, under 103,just short it,above 103,just long it.

good luck.
Attached Image
A chart helps those who can read it.
Quoting PayTheLimit
{quote} I am using 102.98 as intermediate support right now...and I would not be surprised if we went down first then up, either way, I wait..good luck today mate..
would like to see a decent sustained push above 103.42, then look to long a pullback to near 102.98...
Look Sharp/Trade Tight
Quoting PayTheLimit
{quote} would like to see a decent sustained push above 103.42, then look to long a pullback to near 102.98...
Hi PTL, would like to fade that decent push above 103.42 and see if it is a pullback or a turn (prefer the turn idea though)
Don't be a hero. Don't have an ego. Always question yourself
JPY have Gartley patterm for short in the daily chart

NZD/JPY 8H look like gonna make false brake to the trend line....we have fibo +AB=CD
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Quoting USD-Bear
{quote} Hi PTL, would like to fade that decent push above 103.42 and see if it is a pullback or a turn (prefer the turn idea though)
what area did you have in mind?

to be honest, I'm wondering why I'm not selling up here against 103.42, the r/r is decent...
Look Sharp/Trade Tight
Wow, that was a nasty sweep-out yesterday around this time. Wishing I was still in, but not going to force another entry.
Twitter: @zusch_ -- Preselecting trending pairs, stocks on a weekly basis.
Quoting PayTheLimit
{quote} what area did you have in mind? to be honest, I'm wondering why I'm not selling up here against 103.42, the r/r is decent...
liking 103.50 => 100.00 seeing 103.50 a bit as stop-levels
closing above 103.50 today might make it a huge mistake though.....
Don't be a hero. Don't have an ego. Always question yourself
Quoting USD-Bear
{quote} liking 103.50 => 100.00 seeing 103.50 a bit as stop-levels
I can see some resistance perhaps at 103.55/60, but dont think I can use it right now....good luck mate..

edit, 103.70/71 jumps out too, tight stop, might be more interesting to me...I'll take a better look later...
Look Sharp/Trade Tight
Quoting PayTheLimit
{quote} I can see some resistance perhaps at 103.55/60, but dont think I can use it right now....good luck mate.. edit, 103.70/71 jumps out too, tight stop, might be more interesting to me...I'll take a better look later...
it's a bit pivotable, let's see....
Don't be a hero. Don't have an ego. Always question yourself
Let her crash and burn!
Quoting PayTheLimit
{quote} would like to see a decent sustained push above 103.42, then look to long a pullback to near 102.98...
in effect now...bbl, gl, PTL..
Look Sharp/Trade Tight
Quoting PayTheLimit
{quote} in effect now...bbl, gl, PTL..
tx, guess I need it
Don't be a hero. Don't have an ego. Always question yourself
Quoting USD-Bear
{quote} tx, guess I need it

A bit of resistance at 103.59. Lets see what develops here.
102.900 to adjust!
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Quoting PayTheLimit
{quote} in effect now...bbl, gl, PTL..
PTL I am short usd/jpy @103.49. looking for 102
103.50 is the current intraday resistance level.
103.80 is the next intraday resistance level.

More bad news out of Japan as regular wages decline. Consumer taxes to increase. Consumer confidence is not on the side of the Yen. [Fundamental view]
Price has broken previous weeks HIGH which indicates bullish momentum likely to rise in the upcoming hours/day. [Technical view]
I'm with Jhig 100%. Looking for a decent pullback now below 103.50 to add to my longs. I have been long from 102. I see U/J painting a VERY bullish picture in the coming weeks.
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