Attachments: USD/JPY Discussion

USD/JPY Discussion

#45,441
May 2, 2014 12:00am May 2, 2014 12:00am

piston
| Joined May 2014 | Status: Trader | 3 Posts

Hey guys what do you suspect is going to happen with the USD/JPY if the NFP news is out

#45,442
May 2, 2014 1:51am May 2, 2014 1:51am

JimmyC
Joined Jun 2013 | Status: Trader | 3,071 Posts

Quoting JimmyC

Disliked

{quote} Short cheers {image}

Ignored

s/o

#45,443
May 2, 2014 2:00am May 2, 2014 2:00am

gstup
| Joined Feb 2013 | Status: Trader | 407 Posts

Quoting piston

Disliked

Hey guys what do you suspect is going to happen with the USD/JPY if the NFP news is out

Ignored

Not a good "sign" for the seller... http://qz.com/205206/six-charts-you-...port-tomorrow/

#45,444
May 2, 2014 2:48am May 2, 2014 2:48am

Ken A
Joined Jun 2012 | Status: ケンジ | 21,416 Posts

Quoting Barca

Disliked

Today's new event: US NFP:

Buy if 230k or better, sell if 180k or less

Ignored

LOL

#45,445
May 2, 2014 3:05am May 2, 2014 3:05am

pbtec
| Joined Sep 2013 | Status: Trader | 142 Posts

I'm anticipating a stronger than expected NFP report, which will push UJ above 103.

Looking for a good entry point for longs before the release.

#45,446
May 2, 2014 5:30am May 2, 2014 5:30am

Exodus
Joined May 2012 | Status: CoC'd again ! | 8,578 Posts

Quoting pbtec

Disliked

I'm anticipating a stronger than expected NFP report, which will push UJ above 103. Looking for a good entry point for longs before the release.

Ignored

142.0 was it....

Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo

#45,447
May 2, 2014 5:46am May 2, 2014 5:46am

piston
| Joined May 2014 | Status: Trader | 3 Posts

Hes high is 102.54 its going to strike 103 after the NFP

#45,448
May 2, 2014 6:31am May 2, 2014 6:31am

Trendzalore
| Joined Jan 2014 | Status: Self Taught | 851 Posts

In my early trading years I blew several accounts. I dont blow my account now and do ok trading. However, never have I been so frustrated by the market than this year. If NFP does not move the market today it will confirm to me that until something drastic happens we are in a stale state. Every since a closer eye was placed on forex it has died down. A day like today was an assured big move...........recently though nothing seems to matter.

I am flat again. I wil not, repeat Will Not trade again until a move over 100 pips for a day has been made. This current market may be good for some scalpers or range traders but it is way too choppy and for me lol.

#45,449
May 2, 2014 6:43am May 2, 2014 6:43am

teddybomber
| Joined Jun 2013 | Status: Trader | 295 Posts

Last year at this time the markets were a lot more active.

#45,450
May 2, 2014 7:22am May 2, 2014 7:22am

Barca
| Membership Revoked | Joined Apr 2014 | 212 Posts

Hmmm Tp @ 103.30

#45,451
May 2, 2014 7:41am May 2, 2014 7:41am

pohchuan
| Joined Jan 2013 | Status: Trader | 611 Posts

Bull is lacking stamina to overrun 103.....

Bear may take over from high 102.....

#45,452
May 2, 2014 7:41am May 2, 2014 7:41am

mahras
| Joined Sep 2005 | Status: Trader | 95 Posts

Quoting mahras

Disliked

Looks like we have a looney out loose on this thread. Lets ignore and focus on important things. Going long size in USDJPY (closed out a scalp in NZDUSD from earlier). Have a fairly tight stop at 101.74 and I am targeting a break of recent highs in the 102.8x. The entire bet is effectively a bet on a BIG surprise in the NFP number coming out tomorrow. Its a tough bet because with the recent data out of the US (particularly the anemic GDP figure yesterday) the hurdle rate just increased. In order to get sustained USD strength the following needs...

Ignored

Stop moved to 102.75. Done on the day....gonna let it run with a 25 pip trailing.

Cheers and have a good weekend.

#45,453
May 2, 2014 7:47am May 2, 2014 7:47am

Trendzalore
| Joined Jan 2014 | Status: Self Taught | 851 Posts

Quoting mahras

Disliked

{quote} Stop moved to 102.75. Done on the day....gonna let it run with a 25 pip trailing. Cheers and have a good weekend.

Ignored