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USD/JPY Discussion

  • #46,461
  • Jun 2, 2014 12:11pm Jun 2, 2014 12:11pm
Quoting Nan-ook
What is reason to so bullish ride? :/
JPY is weak, looks like.
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  • #46,462
  • Jun 2, 2014 2:26pm Jun 2, 2014 2:26pm
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  • #46,463
  • Jun 2, 2014 2:39pm Jun 2, 2014 2:39pm
Hi Sergo, how are you?
  • #46,464
  • Jun 2, 2014 2:40pm Jun 2, 2014 2:40pm
Call me stubborn but I still think below 100.8 will be seen. The volume on 4hr and daily show big selling into the buying.
  • #46,465
  • Jun 2, 2014 2:41pm Jun 2, 2014 2:41pm
Quoting Nan-ook
Hi Sergo, how are you?
thanks good you ? Just came back from my vacation Time to make more money for next vacation
  • #46,466
  • Jun 2, 2014 2:51pm Jun 2, 2014 2:51pm
Quoting sergo
{quote} thanks good you ? Just came back from my vacation Time to make more money for next vacation
Nice, i thinked, where are you, no posts here...
Did you enjoy it?
Me is fine, somehow..death in family, broken car, falling Eur/Usd with my underwater long, rising Usd/Jpy with my shorts.. normal
  • #46,467
  • Jun 2, 2014 3:00pm Jun 2, 2014 3:00pm
Quoting Nan-ook
{quote} Nice, i thinked, where are you, no posts here... Did you enjoy it? Me is fine, somehow..death in family, broken car, falling Eur/Usd with my underwater long, rising Usd/Jpy with my shorts.. normal
Op been there like anybody else sorry to hear that , Yes enjoyed it nothing can beat Caribbean islands
  • #46,468
  • Jun 2, 2014 3:07pm Jun 2, 2014 3:07pm
Quoting Forexia
Show of hands how many of you want this pair to go to 103?!!
How about 105+?
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  • #46,469
  • Jun 2, 2014 3:09pm Jun 2, 2014 3:09pm
Quoting sergo
{quote} Op been there like anybody else sorry to hear that , Yes enjoyed it nothing can beat Caribbean islands
Hmm..Caribbean islands...my dream... ,o) Maybe, sometimes...
  • #46,470
  • Jun 2, 2014 3:10pm Jun 2, 2014 3:10pm
Quoting smash1820
How about 105+?
It [105] may take some time though. I'm not sure which way we will go from here... up or down (short-term). Probably up I guess. But I might stay out for the next few hours to see what happens.

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  • #46,471
  • Jun 2, 2014 3:12pm Jun 2, 2014 3:12pm
Quoting smash1820
{quote} How about 105+?

Didn't you say this a few weeks ago? and then it broke down to 100.xx?
  • #46,472
  • Jun 2, 2014 3:14pm Jun 2, 2014 3:14pm
Quoting Rizmeister
{quote} Didn't you say this a few weeks ago? and then it broke down to 100.xx?

  • #46,473
  • Jun 2, 2014 3:18pm Jun 2, 2014 3:18pm
Sorry don't mean to disrespect anybody and yes it is true
  • #46,474
  • Jun 2, 2014 3:26pm Jun 2, 2014 3:26pm
haha some resistance at 102.48 (fib level). Pinged right off of it.
  • #46,475
  • Edited 8:24pm Jun 2, 2014 3:32pm | Edited 8:24pm
Quoting smash1820
{quote} How about 105+?
Nice! Nice to see some UJ bulls here. Me, I still think UJ's got some room to move up, slowly maybe but the overall trend is up not until Japan reaches the 2% inflation target and they officially stop the QE.

According to Kuroda's most recent speech on economic policy, it's projected that Japan will reach the 2% inflation target not until 2016. So in my personal opinion, we won't be seeing any significant downtrends not until 2016. And if Forex God forbid that they didn't reach that target by that time, there will be major up move maybe up to 105.
Make your losses in demo. Earn your profits live.
  • #46,476
  • Jun 2, 2014 3:35pm Jun 2, 2014 3:35pm
I can see she still has power to go up but i'm watching some levels 102.55 ish is and of ABCD then of course 103.00 and last103.50 would like to see her turnaround around 102.55 ish 65 ish
  • #46,477
  • Jun 2, 2014 4:25pm Jun 2, 2014 4:25pm
Quoting Rizmeister
Didn't you say this a few weeks ago? and then it broke down to 100.xx?
Yes, you got me, it is true. I was bullish on the yen pairs a few weeks ago before it broke down, not to 100.xx I think it was more like 101.xx but all the same. I was a bit off and unfortunately I didn't post all of my positions at the time, but if I recall, I believe I exited them early.

Anyways, I've started a real Trade Explorer now so you can judge me however you'd like.

PS: You could practically call me a "perma bull". Like Forexia posted, my views are very bullish long-term for all yen pairs. Even if the move doesn't happen this day, this week, or this month, it will happen eventually. All yen pairs are going higher.
Please check out my blog at https://from-zero-to-hero . net
  • #46,478
  • Jun 2, 2014 4:49pm Jun 2, 2014 4:49pm
Quoting smash1820
{quote} Yes, you got me, it is true. I was bullish on the yen pairs a few weeks ago before it broke down, not to 100.xx I think it was more like 101.xx but all the same. I was a bit off and unfortunately I didn't post all of my positions at the time, but if I recall, I believe I exited them early. Anyways, I've started a real Trade Explorer now so you can judge me however you'd like. PS: You could practically call me a "perma bull". Like Forexia posted, my views are very bullish long-term for all yen pairs. Even if the move doesn't happen this day,...
No offense but what is it mean it will happen eventually that Kinda crystal ball prediction can make my grandma I can say eventually she will go down one way or the other one day she will go down and one day she will go up and one day I will die
  • #46,479
  • Edited 5:23pm Jun 2, 2014 5:05pm | Edited 5:23pm
Quoting sergo
{quote} No offense but what is it mean it will happen eventually that Kinda crystal ball prediction can make my grandma I can say eventually she will go down one way or the other one day she will go down and one day she will go up and one day I will die
"Eventually" means whatever the long-term trend is. In this case, whether that be days, weeks, or months, the trend is up, which means that -- sooner or later -- the price will also go up.

PS: Look at the image/screenshot I've posted above. Depending on what type of trader you are (daytrader [like myself], swing trader, or position trader/investor), you will see that the long-term trend is generally UP. That is why I can make these types of predictions
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  • #46,480
  • Jun 2, 2014 8:28pm Jun 2, 2014 8:28pm
Quoting smash1820
{quote} "Eventually" means whatever the long-term trend is. In this case, whether that be days, weeks, or months, the trend is up, which means that -- sooner or later -- the price will also go up. PS: Look at the image/screenshot I've posted above. Depending on what type of trader you are (daytrader [like myself], swing trader, or position trader/investor), you will see that the long-term trend is generally UP. That is why I can make these types of predictions
While Japan is on QE working on reaching 2% inflation target until 2016 or when 2% inflation target is reached and QE is lifted, whichever is earlier, JPY will be weak and I agree all JPY pairs trends will be UP. They will go down from time to time but the overall trend will be UP.
Make your losses in demo. Earn your profits live.
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