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USD/JPY Discussion

  • #49,801
  • Nov 5, 2014 1:02pm Nov 5, 2014 1:02pm
Quoting DonaldPump
And your advice is bad. You're telling people to sell during a fundamentally backed uptrend because you think it's comparable to the dot-com bubble. Would you have said the same thing during the rally from 75.00? Besides, retailers are net short, which, from a contrarian standpoint, implies continued gains.
i think u misunderstood him. whats he saying is it could be too late for latecomers to join the bus uptrend before the next RT comes. and he does not think it will hit 120 that easily... so entering here with hopes of TP 120 before a big RT is risky... tbh i am still waiting for RT before getting in. Cheers
  • #49,802
  • Nov 5, 2014 1:50pm Nov 5, 2014 1:50pm
Quoting DonaldPump
And your advice is bad. You're telling people to sell during a fundamentally backed uptrend because you think it's comparable to the dot-com bubble. Would you have said the same thing during the rally from 75.00? Besides, retailers are net short, which, from a contrarian standpoint, implies continued gains.
Quote obviously you didn't actually read what I wrote and simply jumped to an erroneous conclusion based on faulty perceptual bias. If you had read it you might have noticed that I am in fact still long and will stay so until market dynamics change. I didn't advocate anyone to sell now. Learn how to listen and think before you speak.
  • #49,803
  • Nov 5, 2014 1:53pm Nov 5, 2014 1:53pm
come on fellass... still long hoping to break 115-11550 range then off to 120 we go...
  • #49,804
  • Nov 5, 2014 2:48pm Nov 5, 2014 2:48pm
Quoting poseikwame
come on fellass... still long hoping to break 115-11550 range then off to 120 we go...

Be real - 1000 pips without retracement. Also everyone is long. Where do you think you get your profit from - thin air?
There is no spoon....
  • #49,805
  • Nov 5, 2014 2:53pm Nov 5, 2014 2:53pm
Quoting Msis125125
{quote} Be real - 1000 pips without retracement. Also everyone is long. Where do you think you get your profit from - thin air?
happened before tho... so just dont blow hot air
  • #49,806
  • Nov 5, 2014 3:36pm Nov 5, 2014 3:36pm
Quoting poseikwame
{quote} happened before tho... so just dont blow hot air
I would be well impressed if you show me an example on the chart.
There is no spoon....
  • #49,807
  • Nov 5, 2014 4:39pm Nov 5, 2014 4:39pm
Quoting Msis125125
{quote} I would be well impressed if you show me an example on the chart.
well look at the climb that occurred 31st oct and answer yourself!!
  • #49,808
  • Nov 5, 2014 4:50pm Nov 5, 2014 4:50pm
Quoting poseikwame
{quote} well look at the climb that occurred 31st oct and answer yourself!!
it was 902 and this one is 960 and still might go higher. So unless japan has been destroyed again like in August 6, 1945, I cant see how can any economy can sustain that?

It is manipulation clearly. Since 2012.09.01 JPY has been falling. Someone would have to pay for it.
There is no spoon....
  • #49,809
  • Nov 5, 2014 5:12pm Nov 5, 2014 5:12pm
Quoting Msis125125
{quote} it was 902 and this one is 960 and still might go higher. So unless japan has been destroyed again like in August 6, 1945, I cant see how can any economy can sustain that? It is manipulation clearly. Since 2012.09.01 JPY has been falling. Someone would have to pay for it.
well we know the manuplation going on and its like everyone has embraced it!... look at the banks messing with the gold prices n fx but only getting chicken change fines.. its crazy with the powers that be...
  • #49,810
  • Nov 5, 2014 5:44pm Nov 5, 2014 5:44pm
Quoting poseikwame
{quote} well we know the manuplation going on and its like everyone has embraced it!... look at the banks messing with the gold prices n fx but only getting chicken change fines.. its crazy with the powers that be...
Indeed, well lets see what ECB brings. But Draghi would not be left without piece of the pie.
There is no spoon....
  • #49,811
  • Nov 5, 2014 5:45pm Nov 5, 2014 5:45pm
Quoting poseikwame
{quote} hopefully its gonna recover from the fundamental craze and bounce back up now... hinting 116 if it break 115-11550 range
can do flat correction and new high 114 98 115 30
  • #49,812
  • Nov 5, 2014 6:17pm Nov 5, 2014 6:17pm
news news... boj is just confused!!...
  • #49,813
  • Nov 5, 2014 8:29pm Nov 5, 2014 8:29pm
Is it just me or U/J is full of shit now? It rallies up like crazy for no reason and then drops over a low impact news like office vacancies? or is something else going on, just market manipulation?
  • #49,814
  • Nov 5, 2014 8:31pm Nov 5, 2014 8:31pm
Quoting fxtradeabi
Is it just me or U/J is full of shit now? It rallies up like crazy for no reason and then drops over a low impact news like office vacancies? or is something else going on, just market manipulation?
manipulation!!
  • #49,815
  • Nov 5, 2014 8:32pm Nov 5, 2014 8:32pm
Quoting poseikwame
{quote} manipulation!!
yeah like wtf, just comes outta nowhere and I'm looking at the FF trades section and people are going crazy selling and buying lol. Prolly wise to stay out I think.
  • #49,816
  • Nov 5, 2014 8:33pm Nov 5, 2014 8:33pm
Looks like dumping of longs. I think crush is eminent. Pump and Dump on all JPY pairs.
There is no spoon....
  • #49,817
  • Nov 5, 2014 8:36pm Nov 5, 2014 8:36pm
both aud and jpy pairs on the same move, pump and dump. better stay away for now.
  • #49,818
  • Nov 5, 2014 9:04pm Nov 5, 2014 9:04pm
Lol U/J having a field day. Just in case anyone's account burnt out, there's a dishwasher vacancy in town, all yours.
  • #49,819
  • Nov 5, 2014 9:07pm Nov 5, 2014 9:07pm
Quoting fxtradeabi
Lol U/J having a field day. Just in case anyone's account burnt out, there's a dishwasher vacancy in town, all yours.
115 broken nicely.. 11550 awaiting then off to 118-120... hearing korea want to manage the wuan to march the yen loool
  • #49,820
  • Nov 5, 2014 9:07pm Nov 5, 2014 9:07pm
just opened up a position at 115.15 as I expect us to head back up again. I see 112 again being retested. I also expect 108-109 to be tested again.
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