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USD/JPY Discussion

  • #48,301
  • Sep 18, 2014 5:24am Sep 18, 2014 5:24am
Probably wave 4 = flat correction
  • #48,302
  • Sep 18, 2014 7:16am Sep 18, 2014 7:16am
Will it break now ??

Later yellen speak will spike down hunt SL or not ?? thinking to take off the SL ?
  • #48,303
  • Sep 18, 2014 7:23am Sep 18, 2014 7:23am
Having breached 108.80, the UJ is more likely to witness 110 in near-term (5-10 days) with 108.60, 108.40 and 108 being the intra-day support levels.
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  • #48,304
  • Edited 7:47am Sep 18, 2014 7:36am | Edited 7:47am
Quoting Liam0530
contemplating on setting a buy limit at around a 20 to 30 pip pullback from current level .. maybe around 108.55 or so.. hmm i dont expect much more of a pullback then that imo, before continuing back up, that 110 is coming up fast. might have actually missed the train on this one
Right on the money. Quick trade as i will take these 2 lots profit at around 109.05 ..hmm..


EDIT : took profit it at 108.40 as housing starts took "a tumble"

Dont want Janet to push it down any further (even though she will probably push it up) im locked in
  • #48,305
  • Sep 18, 2014 7:46am Sep 18, 2014 7:46am
Why still no up? my SL hit . shyt
  • #48,306
  • Sep 18, 2014 7:58am Sep 18, 2014 7:58am
Quoting kewell
Why still no up? my SL hit . shyt
SL too tight probably
  • #48,307
  • Sep 18, 2014 8:01am Sep 18, 2014 8:01am
Quoting Liam0530
{quote} SL too tight probably
Because i worried it will free fall...
anyway i have reload my long again..
the thing is it still not moving... sigh
  • #48,308
  • Sep 18, 2014 8:07am Sep 18, 2014 8:07am
Looks like reversal ??
the 1 hour chart seems...
  • #48,309
  • Sep 18, 2014 9:47am Sep 18, 2014 9:47am
Hello Admin, you may delete this thread.. all dead no response = =
  • #48,310
  • Sep 18, 2014 9:50am Sep 18, 2014 9:50am
im short from 108.83 with 2.3lots
lets see where she can go ( shes pretty bitchyyy )
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Early to bed, early to rise, keeps you healthy, wealthy and wise.
  • #48,311
  • Sep 18, 2014 9:54am Sep 18, 2014 9:54am
Quoting kewell
Looks like reversal ?? the 1 hour chart seems...
Don't think there's signs of a reversal, just expected resistance below 109 and consolidation from the previous run-up. All signs point to it still heading to 110.
  • #48,312
  • Sep 18, 2014 10:00am Sep 18, 2014 10:00am
Quoting eqshack
im short from 108.83 with 2.3lots lets see where she can go ( shes pretty bitchyyy ) {image}
Good luck with that m8. I managed to close my EJ short earlier without too much damage.
Looks like it could go either way at the moment.
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
  • #48,313
  • Sep 18, 2014 10:04am Sep 18, 2014 10:04am
i think its going up again and retest at least that high again, but what do i know i keep losing money
  • #48,314
  • Sep 18, 2014 10:11am Sep 18, 2014 10:11am
Quoting tcb101
{quote} Don't think there's signs of a reversal, just expected resistance below 109 and consolidation from the previous run-up. All signs point to it still heading to 110.
Thanks, finally somebody advice
  • #48,315
  • Sep 18, 2014 10:37am Sep 18, 2014 10:37am
Should I stop my 1 lot long from 108.6 at 109? I'm pretty sure the market will go up to 110 after this correction, but.....
  • #48,316
  • Sep 18, 2014 10:46am Sep 18, 2014 10:46am
Quoting Vermillion
Should I stop my 1 lot long from 108.6 at 109? I'm pretty sure the market will go up to 110 after this correction, but.....
know the feeling I have 1 long from 108.52 that's done 1 pip an hour. still it's positive I think I'll just put the SL at BE if we get to 20 Pips
Lets go grab some PIPS
  • #48,317
  • Sep 18, 2014 10:48am Sep 18, 2014 10:48am
Quoting dallytrader
{quote} know the feeling I have 1 long from 108.52 that's done 1 pip an hour. still it's positive I think I'll just put the SL at BE if we get to 20 Pips
So...adjust SL to BE and keep going? (I'm eager to wait for 110, but we know what happens when we begin to just hope instead of think).
  • #48,318
  • Sep 18, 2014 10:51am Sep 18, 2014 10:51am
Quoting Vermillion
{quote} So...adjust SL to BE and keep going? (I'm eager to wait for 110, but we know what happens when we begin to just hope instead of think).
Just shifted mine and holding
Lets go grab some PIPS
  • #48,319
  • Sep 18, 2014 11:42am Sep 18, 2014 11:42am
Quoting kewell
Looks like reversal ?? the 1 hour chart seems...
108.580 108.600 is a nice support . Good point to reload.. It wont waterfall down.. 1 point or another it will have a nice pullback though. WHere you reload again
  • #48,320
  • Sep 18, 2014 11:52am Sep 18, 2014 11:52am
i agree it's a good point to go long but it's been such a bad day for me , I'm afraid to make another move....I think it's gonna go at least up to 109.00 but I feel exausted...
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