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USD/JPY Discussion

  • #48,761
  • Oct 3, 2014 1:11am Oct 3, 2014 1:11am
RTM

Yeah special moment

congratulations
  • #48,762
  • Oct 3, 2014 3:01am Oct 3, 2014 3:01am
Quoting Liam0530
been away all day, welcoming my baby boy and baby girl twins into the world but here i am, on the bed in our hospital room - WORKING.. haha.. so as it looks, buyers getitng back into business after not breaking that 108.... bulls continuing through london session? probably so, everyone preparing for the nfp.. still holding my positions, as painful as it was haha, lets see whats in store next few hours

Congratulations Liam,

May the Almighty make them to be source of joy to you, your spouse, your family and relatives, and may they be guided to righteousness and may they be successful in This World and the Hereafter.

(say aameen or amen because this is a supplication, also known as a prayer)
  • #48,763
  • Oct 3, 2014 3:13am Oct 3, 2014 3:13am
what is a good entry level for usd jpy?
Whenever i buy the price goes up & whenever i sell the the price goes down!
  • #48,764
  • Oct 3, 2014 3:15am Oct 3, 2014 3:15am
buy at the last HIGH
  • #48,765
  • Oct 3, 2014 3:22am Oct 3, 2014 3:22am
Quoting sunnyfarm
buy at the last HIGH
went long at 108.800
Whenever i buy the price goes up & whenever i sell the the price goes down!
  • #48,766
  • Oct 3, 2014 3:33am Oct 3, 2014 3:33am
Quoting Spezial
108 is where I'll be going long
Did anyone take this position? I got in at 108.03 and took 25 pips
  • #48,767
  • Oct 3, 2014 4:09am Oct 3, 2014 4:09am
Quoting Spezial
{quote} Did anyone take this position? I got in at 108.03 and took 25 pips
Yep, got in @ 108.05, but market hit my sl which I had moved to 108.77 when price was at 108.92 during Asian session. Still looking to enter long but definitely after nfp, might just put a buystop order b4 d news.
  • #48,768
  • Oct 3, 2014 5:18am Oct 3, 2014 5:18am
Attached Image (click to enlarge)
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  • #48,769
  • Oct 3, 2014 6:36am Oct 3, 2014 6:36am
Quoting Liam0530
been away all day, welcoming my baby boy and baby girl twins into the world but here i am, on the bed in our hospital room - WORKING.. haha.. so as it looks, buyers getitng back into business after not breaking that 108.... bulls continuing through london session? probably so, everyone preparing for the nfp.. still holding my positions, as painful as it was haha, lets see whats in store next few hours
congratulations from me as well and nice welcome to babies

uj seems in a range... tested up-target from yesterday's 3 push down on 5m and performed another 3 push pattern to the opposite side at the end of recent rally from 108

on the other hand, holding at the top of bull leg too long for possible reversal, actually forming a tight trading range at that extreme, so up-break is possible either

bottom line, watching... :nerd:
  • #48,770
  • Oct 3, 2014 7:17am Oct 3, 2014 7:17am
Quoting mamalujo
{quote} Gotta say I feel like the luckiest bastard alive, got frustrated by this pair yesterday n basicly decided to buy @ 108.05, without any near support around, basing my decision only on the fact that price hit the round no of 108.00 n the fact that nxt day is nfp n market may start pricing in a positive nfp. I had moved my sl to 108.30 when price was at 108.43, just b4 I went to bed, even had to take some drugs so I could sleep off n not have to wakeup @ night to check my trade. So finally I wake, n price is exactly @ 108.80, though Asia had...
  • #48,771
  • Oct 3, 2014 7:26am Oct 3, 2014 7:26am
I could be wrong but action looks like a steep fall is about to occur
  • #48,772
  • Oct 3, 2014 7:27am Oct 3, 2014 7:27am
Quoting Trendzalore
I could be wrong but action looks like a steep fall is about to occur
Having sat with my buttocks clenched most of yesterday, I think you could be right....
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
  • #48,773
  • Oct 3, 2014 7:32am Oct 3, 2014 7:32am
Three major events in favor of the U.S..

We just saw a 50pip movement in 1minute. Wow.
  • #48,774
  • Oct 3, 2014 7:34am Oct 3, 2014 7:34am
Vely nice ..........
  • #48,775
  • Oct 3, 2014 7:36am Oct 3, 2014 7:36am
Nice pop up. But this could be one ofthose days...............where they buyers get trapped. I was out didnt get in but I think a drop is still coming and a steep one if it doesnt get over 109.67
  • #48,776
  • Oct 3, 2014 7:38am Oct 3, 2014 7:38am
Quoting Trendzalore
Nice pop up. But this could be one ofthose days...............where they buyers get trapped. I was out didnt get in but I think a drop is still coming and a steep one if it doesnt get over 109.67
Possible. I don't recommend holding positions over the weekend unless you've got hefty margins.
  • #48,777
  • Oct 3, 2014 8:03am Oct 3, 2014 8:03am
I will play the fool today. Short 109.50 SL 109.75 with TP set at 108.80 with trailing stop.
  • #48,778
  • Oct 3, 2014 8:06am Oct 3, 2014 8:06am
Quoting Trendzalore
I will play the fool today. Short 109.50 SL 109.75 with TP set at 108.80 with trailing stop.
.....missed your entry then

I have been shorting the bounce-backs, made a few pips.
Safe trades because the worst that happens is that I close Wednesday's longs
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
  • #48,779
  • Oct 3, 2014 8:08am Oct 3, 2014 8:08am
Apologies for my lack of knowledge could you explain what is fool play?
  • #48,780
  • Oct 3, 2014 8:11am Oct 3, 2014 8:11am
Quoting Exodus
{quote} .....missed your entry then I have been shorting the bounce-backs, made a few pips. Safe trades because the worst that happens is that I close Wednesday's longs
I didnt miss. I just didnt post as soon as I made the trade. I think its a bit risky by I see more downside than up for the shorterm at least back to 108.8 area.
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