USD/JPY Discussion

When the Japanese stock market decides it has had enough.

unbelievable. I've seen more pronounced moves on less significant news. This pair continues to be excruciatingly frustrating.

Yep, I'm also watching EU and GU as a determination of US strength. Both are down about 100-110 points.

I didn't even follow him going short. I left my open long trade from 108.100 and shouldn't have. missed 70 pips. jesus!

Had to be the easiest 80 pips in a while for this pair. The up move was so obvious that I thought for certain it would go down first lol. Oh well, being on the sidelines cost me nothing.

Hello Traders

Took a few weeks

but managed to weed out

a forest of longs,

My longs in the 108 area

opened up some to higher levels

Got a we short at 108.7

If the bigger picture is back to 110+

I log onto forexfactory to see your humorous posts.

if someone did the total opposite of what I trade for everything they would be up so much right now.

god is out to spite me

cruel world

cruel cruel cruel world I tell you!

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#property copyright "Copyright 2013, MetaQuotes Software Corp."
#property link "http://www.metaquotes.net"
#property indicator_chart_window
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
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int init()//+------------------------------------------------------------------+
//| ChartDivison.mq4 |
//| www.metatraderlibrary.com |
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#property copyright "www.metatraderlibrary.com"
#property link "www.metatraderlibrary.com"
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int count =1;
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int init()
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//---- indicators
ObjectCreate("upper80line",1,0,TimeCurrent(),High[0]);
ObjectSet("upper80line",OBJPROP_COLOR,Yellow);
ObjectSet("upper80line",OBJPROP_STYLE,STYLE_SOLID);


ObjectCreate("lower20line",1,0,TimeCurrent(),Low[0]);
ObjectSet("lower20line",OBJPROP_COLOR,Yellow);
ObjectSet("lower20line",OBJPROP_STYLE,STYLE_SOLID);

//----
return(0);
}
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int deinit()
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//----
ObjectDelete("upper80line");
ObjectDelete("lower20line");
//----
return(0);
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//----
//----
double value = WindowPriceMax(0)-WindowPriceMin(0);
double wintotal = (WindowPriceMax() - WindowPriceMin())/100;
double win80 = WindowPriceMax()- (wintotal*20);
double win20 = WindowPriceMin()+ (wintotal*20);
if(ObjectFind("upper80line")==-1)init();
ObjectMove("upper80line",0,TimeCurrent(),win80);
ObjectMove("lower20line",0,TimeCurrent(),win20);

WindowRedraw();
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int start()
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int counted_bars=IndicatorCounted();
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//+------------------------------------------------------------------+ Hope this helps. This was the only way I could copy/paste it. I don't know how to do codes. Wish I did. I would like to invent something nice like this to sell to people.

Time to short I suppose?

it was touted on here that 105.500 was on the cards, anyone see this now ??

Respect & follow the trend.....that will help you keep some money in your account.

Suspect the UJ will continue its path till BOJ update tomorrow. Another 10 - 20 pips uplift for today is not unreasonable.

Me. I still hold to it but if it passes 110, then I will admit I was incorrect.

For today's Tokyo section, I do NOT see any reason UJ would rally and stay over 109.00; however, UJ bull is still intact while US GDP is due in 12 hours.

Thanks for the replies. Had a hence to close my sells a week ago really wishing I had

There is resistance at 109.15
Price might run up to that level before the sell off begins.

I hope so guess a lot depends on us data today bit it seems a long way away

remember the BoJ statment tom. keep fundies in mind..

after fomc meeting, i believe bull run is back in action, strongly, lets see what next weeks bring us

back to buying on dips

http://www.efxnews.com/story/26708/e...trategy-noumra
"First, QE ended. Second, there were no explicit comments on weak foreign growth, a strong dollar, or tension in financial markets. Third, the Fed toned down its language on labor market slack, now saying it is ‘gradually diminishing’. Fourth, it took out the sentence saying that ‘a highly accommodative stance of monetary policy remains appropriate’," Nomura clarifies.

aiming for 109.50...may seem far-fetched to some. Will see how it goes...