USD/JPY Discussion

My small trade idea would be short at 101.72 with a stop at 101.83 and a TP at 101.41

long 101.87 tp 102.11

101.73 is just waiting to be broken. We shall see.

Hello guys,

My very modest point of view is a drop in price minimum till 101. If you see MACD (5,34,5) on H4, there is a great divergence on minimums. Also price is under MA 200.



Regards

Miguel

Also, If you check MACD on the weekly chart you can see how big the divergence is.



Regards

Miguel

102.20 and up

Its been consolidated for 5 months... A big move is over due. Its been complete shit

I've had more fun watching paint dry.....

Hmmmm just taking a quick look at the hourly I can see both ways as trap and both sides get stopped out without proper stops. I would guess a bunch of retail traders have stops just about 102 and just below 101.73. A break of either will probably trigger a stop run up or run down. Stupid pair has to decide to move though.

Best thing to do is step aside and trade something else meanwhile
but I think she was to break up words

I've been following this graphs lately, not sure how good are kinda a mix of economics + TA.

Price is squeezing into the apex of a pennant.
You might think it should move somewhere from here, but it ain't necessarily so.....

Maybe it breaks out during asian open? I hope this isnt one of those sucky weeks where price doesnt move at all cause of fomc, then makes one move and thats it.

See you guys on the way down !

I hope so. If it reaches 101.40 by 11pm eastern I will be a happy guy.

Am shorting USDJPY @ 101.963 TP 101.428
market is generous with me ,

So how about now ? market treating you good

Hello, in my opinion, its on its way for a H/S on H4 then down to 101. Of course, only guessing.


Regards

Looks like its going up to me..