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USD/JPY Discussion

  • #45,141
  • Apr 23, 2014 9:24am Apr 23, 2014 9:24am
somebody tell me in this forum.. Fxxxxx the news.. just trade the chart...

seller or buyer always have a reason to jump in or out.. just stick with your plan.. i hope everybody doing well right now..

now i see huge rejection.. just follow again.. lol..
the true currencies here is patience and react precisely
  • #45,142
  • Apr 23, 2014 9:26am Apr 23, 2014 9:26am
Don't want to brag but I told you so
  • #45,143
  • Apr 23, 2014 9:29am Apr 23, 2014 9:29am
Quoting sergo
Don't want to brag but I told you so
yupz you are.. hihi..
thx for the tips.. god blessss youu sergo
the true currencies here is patience and react precisely
  • #45,144
  • Apr 23, 2014 9:43am Apr 23, 2014 9:43am
Quoting Mr.C
{quote} 101,88 is a target on my screen.
Oh thx, my reliefe but Im in loss now
I hope it will go down...
  • #45,145
  • Apr 23, 2014 10:14am Apr 23, 2014 10:14am
Trapzor!
  • #45,146
  • Apr 23, 2014 10:27am Apr 23, 2014 10:27am
Quoting Trendzalore
{quote} Tough call. There are proven buyers at 101.83, 101.57 and 101.41. So it would be tough for me to be bearish until those levels are taken out. Also it looks like hidden divergence on 4 hour chart %R along with rising OBV on 4 hour. That tells me a move up is slowly building. The question is when? I thought it would be tonight.
:nerd:I could be wrong of course. But im not gonna ignore that kind of divergence. So.......happy pips to those making them.
  • #45,147
  • Apr 23, 2014 11:25am Apr 23, 2014 11:25am
Quoting mied
{quote} yupz you are.. hihi.. thx for the tips.. god blessss youu sergo
Anytime thank you for Nice words
  • #45,148
  • Apr 23, 2014 12:02pm Apr 23, 2014 12:02pm
Just opened a Long at 102.27. Here comes the climb up Mount Everest.
Make your losses in demo. Earn your profits live.
  • #45,149
  • Apr 23, 2014 12:17pm Apr 23, 2014 12:17pm
Quoting Forexia
Just opened a Long at 102.27. Here comes the climb up Mount Everest.
I'm with ya.

This whole move down started in the morning London time, as the British front-ran the business sentiment announcement by running the Pound, and by "risk" extension the yen pairs, into the ground.
They are notorious for mashing pairs down in a front-run fashion and then jumping on the bandwagon the other way.

U/J has been kept in a box for about as long as it can be held there and I believe this is one more clue that the upside potential on this pair is huge.
I think the thing rockets from here.

Best of luck, Forexia.
  • #45,150
  • Apr 23, 2014 12:20pm Apr 23, 2014 12:20pm
Quoting Trendzalore
{quote} Tough call. There are proven buyers at 101.83, 101.57 and 101.41. So it would be tough for me to be bearish until those levels are taken out. Also it looks like hidden divergence on 4 hour chart %R along with rising OBV on 4 hour. That tells me a move up is slowly building. The question is when? I thought it would be tonight.
Atm, it really depends on what EU does. This pair is quite dependant on the movement of USD right now, I find. EU was in an uptrend but it's faltering a bit atm and it's propping this pair up, for how long and how much is still TBA.
Make your losses in demo. Earn your profits live.
  • #45,151
  • Apr 23, 2014 12:36pm Apr 23, 2014 12:36pm
Quoting Orly
{quote} I'm with ya. This whole move down started in the morning London time, as the British front-ran the business sentiment announcement by running the Pound, and by "risk" extension the yen pairs, into the ground. They are notorious for mashing pairs down in a front-run fashion and then jumping on the bandwagon the other way. U/J has been kept in a box for about as long as it can be held there and I believe this is one more clue that the upside potential on this pair is huge. I think the thing rockets from here. Best of luck, Forexia.
Going up, yes. Rockets from here? Not sure. More like a treacherous climb up Mount Everest or the Himalayans. Here is hoping there is no avalanches waiting for us.

Best of luck to you too!
Make your losses in demo. Earn your profits live.
  • #45,152
  • Apr 23, 2014 2:29pm Apr 23, 2014 2:29pm
1 more short 102.45
  • #45,153
  • Apr 23, 2014 2:36pm Apr 23, 2014 2:36pm
Quoting sergo
1 more short 102.45

same, adding last ditch shorts here. SL at 102.56
Twitter: @TrendersGame
  • #45,154
  • Apr 23, 2014 2:40pm Apr 23, 2014 2:40pm
Going more long in USDJPY!!
End of this month this pair will jump high..
Classical chart patterns of currencies from 15+ Year Pro Trader
  • #45,155
  • Apr 23, 2014 2:57pm Apr 23, 2014 2:57pm
Quoting aviz12
Going more long in USDJPY!! End of this month this pair will jump high..
Just because BOJ and their continuously intervention that pair stands above 100. Toilet paper ($) looks
strong just of this
  • #45,156
  • Apr 23, 2014 3:04pm Apr 23, 2014 3:04pm
this little bugger is squeezing eh?
Twitter: @TrendersGame
  • #45,157
  • Apr 23, 2014 3:09pm Apr 23, 2014 3:09pm
Quoting Citiboy
this little bugger is squeezing eh?
Don't worry just have big enough SL
US economy is a crap
  • #45,158
  • Apr 23, 2014 3:14pm Apr 23, 2014 3:14pm
Quoting artocarpus
{quote} Don't worry just have big enough SL US economy is a crap
US economy a lot better than crap, and certainly a lot better than JPY.

Markets are a discounting mechanism. Would you say the current price reflects the level of crap US is vs. JPY? Why?
  • #45,159
  • Apr 23, 2014 3:31pm Apr 23, 2014 3:31pm
Hello US/JPY

Been sitting on longs for months

YEN playing one step up an two back

Last year the YEN was like a freight train

The way its behaving now,I would have not

taken any trades.

There is plenty off action in the GBP an NZ crosses
  • #45,160
  • Apr 23, 2014 3:33pm Apr 23, 2014 3:33pm
Quoting Citiboy
{quote} same, adding last ditch shorts here. SL at 102.56
1 from 102.45 and 1 big 102.50 she wont go more then 102.55 I think
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