Attachments: USD/JPY Discussion

USD/JPY Discussion

#46,841
Jun 24, 2014 5:19pm Jun 24, 2014 5:19pm

FXSayWhat
Joined Oct 2013 | Status: Trader | 1,929 Posts

come on 102! you can do it!!!

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#46,842
Jun 24, 2014 7:53pm Jun 24, 2014 7:53pm

smash1820
Joined Jul 2011 | Status: Winning | 1,859 Posts

Here we go...

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#46,843
Jun 25, 2014 1:23am Jun 25, 2014 1:23am

geektrader
| Commercial User | Joined Jul 2010 | 930 Posts

Here we go to nowhere.....

#46,844
Jun 25, 2014 1:30am Jun 25, 2014 1:30am

aktrader
| Joined Mar 2014 | Status: Trader | 82 Posts

This consolidation period looks encouraging for a move up. I kind of jumped the gun but I am willing to wait. I think it will at least retest the 102.67-102.75 price levels

#46,845
Jun 25, 2014 5:38am Jun 25, 2014 5:38am

HareshBM
| Joined Feb 2014 | Status: Trader | 421 Posts

USDJPY has narrowed its trading range, as could reflected in a symmetrical triangular formation on 4-hourly chart.

Would ideally wait for either a break below 101.80 to initiate a short position, aiming for 100.80, or strength above 102.00-102.20 for long position, targeting 103.00.

Attached Image

#46,846
Jun 25, 2014 5:48am Jun 25, 2014 5:48am

Mpt
Joined Nov 2009 | Status: Trader | 2,582 Posts

Quoting HareshBM

Disliked

USDJPY has narrowed its trading range, as could reflected in a symmetrical triangular formation on 4-hourly chart. Would ideally wait for either a break below 101.80 to initiate a short position, aiming for 100.80, or strength above 102.00-102.20 for long position, targeting 103.00. {image}

Ignored

How come you can work this basic stuff out, whereas all the brights sparks on this forum can't???

#46,847
Jun 25, 2014 7:38am Jun 25, 2014 7:38am

kweiss10
| Joined Jul 2013 | Status: Trader | 749 Posts

good US news and things barely moves up. Bad US news and things drops like a fly. What does that say?

#46,848
Jun 25, 2014 8:02am Jun 25, 2014 8:02am

abhijityad
| Joined May 2014 | Status: Trader | 44 Posts

This looks like similar to something 9 days back, hope it starts going up from here, emphasizing on HOPE

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#46,849
Jun 25, 2014 8:04am Jun 25, 2014 8:04am

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

Watch it will end up right back at 101.90 in like 2 hours lol

#46,850
Jun 25, 2014 10:43am Jun 25, 2014 10:43am

kweiss10
| Joined Jul 2013 | Status: Trader | 749 Posts

Quoting teddybomber

Disliked

Watch it will end up right back at 101.90 in like 2 hours lol

Ignored

UJ is becoming so predictable that I fear the BIG MOVE will be something so terrible, it will wipe out so many.

#46,851
Jun 25, 2014 10:50am Jun 25, 2014 10:50am

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

Quoting teddybomber

Disliked

Watch it will end up right back at 101.90 in like 2 hours lol

Ignored

Well I'm long from .67 but my TP is below 85

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#46,852
Jun 25, 2014 12:27pm Jun 25, 2014 12:27pm

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

Quoting Exodus

Disliked

{quote} Well I'm long from .67 but my TP is below 85

Ignored

Looks like you just hit it then

#46,853
Jun 25, 2014 1:00pm Jun 25, 2014 1:00pm

Forexia
Joined Jun 2010 | Status: Trader | 3,896 Posts

Quoting teddybomber

Disliked

{quote} Looks like you just hit it then

Ignored

Nah it's on its Up wave. 85 is being tested far too many times. The market should be getting the hint now that JPY is NOT strengthening.

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#46,854
Jun 25, 2014 1:10pm Jun 25, 2014 1:10pm

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

Quoting Forexia

Disliked

{quote} Nah it's on its Up wave. 85 is being tested far too many times. The market should be getting the hint now that JPY is NOT strengthening.

Ignored

.....I was playing the 'up' direction

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