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USD/JPY Discussion

  • #44,581
  • Apr 8, 2014 1:52am Apr 8, 2014 1:52am
maybe some resistance at 102.20/22 now...
Look Sharp/Trade Tight
  • #44,582
  • Apr 8, 2014 2:39am Apr 8, 2014 2:39am
Quoting sakisf
Sitting at steep T/L now. I am expecting it to reach the aqua one where the B/O started for a re-test. {image}
Touch-down on the aqua.
Attached Image (click to enlarge)
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  • #44,583
  • Apr 8, 2014 2:48am Apr 8, 2014 2:48am
Decided to pull my orders from 102.61 overnight... so that bounce wasn't because of me lol.
  • #44,584
  • Apr 8, 2014 2:55am Apr 8, 2014 2:55am
Next level to watch is - yes, another 10 pips lower, at 102.51.
And after that, there are levels around low 40s, so plenty of ground for further stop cascades.
  • #44,585
  • Apr 8, 2014 3:41am Apr 8, 2014 3:41am
The end is nigh for short term longs...
  • #44,586
  • Apr 8, 2014 4:57am Apr 8, 2014 4:57am
Tired of waiting, set my bids to 102.43.
  • #44,587
  • Apr 8, 2014 5:07am Apr 8, 2014 5:07am
it has to go down or not consolidate , we are talking about 50 trillion yen.. perfectly norm for price to hold because we are approaching strong resistance.
  • #44,588
  • Apr 8, 2014 5:09am Apr 8, 2014 5:09am
Quoting Brassboy
Tired of waiting, set my bids to 102.43.
S/L? T/P?
  • #44,589
  • Apr 8, 2014 5:27am Apr 8, 2014 5:27am
Quoting CrispyFries
{quote} S/L? T/P?
By that I meant my T/P is at that price. As in I'm exiting the market.
  • #44,590
  • Apr 8, 2014 6:13am Apr 8, 2014 6:13am
Quoting PayTheLimit
maybe some resistance at 102.20/22 now...
edit...

102.20 s/b support, I look to by there, 103.20 I mark as resistance now...
Look Sharp/Trade Tight
  • #44,591
  • Apr 8, 2014 6:24am Apr 8, 2014 6:24am
long @ 102,34
  • #44,592
  • Apr 8, 2014 6:25am Apr 8, 2014 6:25am
UJ H4

buying some down here
Attached Image (click to enlarge)
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  • #44,593
  • Apr 8, 2014 6:25am Apr 8, 2014 6:25am
Quoting kweiss10
long @ 102,34
what's your SL?
  • #44,594
  • Apr 8, 2014 6:30am Apr 8, 2014 6:30am
Quoting richtrader
{quote} what's your SL?
Why do people ask this question all the time? What's it to you?
  • #44,595
  • Apr 8, 2014 6:32am Apr 8, 2014 6:32am
Quoting richtrader
{quote} what's your SL?
102,05
  • #44,596
  • Apr 8, 2014 6:35am Apr 8, 2014 6:35am
Quoting Brassboy
{quote} Why do people ask this question all the time? What's it to you?
I used to do that a lot too. I guess its a way to understand how ppl act on markets in time like these
  • #44,597
  • Apr 8, 2014 6:42am Apr 8, 2014 6:42am
Quoting kweiss10
{quote} I used to do that a lot too. I guess its a way to understand how ppl act on markets in time like these
While we are on the topic, what's your TP?
  • #44,598
  • Apr 8, 2014 6:58am Apr 8, 2014 6:58am
Quoting sakisf
Flat now, closed every position opened since March 28th in profit. Would short again if price goes between 103-103.30 or long when it reaches 101-102.
That is a shame, I was just going to congratulate you on your call for near 102.
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
  • #44,599
  • Apr 8, 2014 7:05am Apr 8, 2014 7:05am
Quoting kweiss10
long @ 102,34
I am waiting to add a UJ long. I have a feeling this is a bear trap.
Price is still tracking down the lower Bollinger band on 15m, no sign of an upturn just yet.
NY just opening, let us watch if there is a change in direction.
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
  • #44,600
  • Apr 8, 2014 7:12am Apr 8, 2014 7:12am
Quoting Exodus
{quote} I am waiting to add a UJ long. I have a feeling this is a bear trap. Price is still tracking down the lower Bollinger band on 15m, no sign of an upturn just yet. NY just opening, let us watch if there is a change in direction.
Yeh. I will close all shorts when it reaches 102.20.
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