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USD/JPY Discussion

  • #50,121
  • Nov 12, 2014 7:55am Nov 12, 2014 7:55am
nice entry at the bottem of this drop, 115.0

LONG
  • #50,122
  • Nov 12, 2014 7:56am Nov 12, 2014 7:56am
Quoting Alstre
I only see a channel so far
It could very well be a big, fat channel.
We're fittna find out.

  • #50,123
  • Nov 12, 2014 8:40am Nov 12, 2014 8:40am
Quoting dbutton1990
I see the next move up bringing us to the 117 level. Based on the recent retracement levels.....
My guess is that we will the levels of 117 to 118 by the end of the week.
Good luck and may the odds be ever in your favor!
  • #50,124
  • Nov 12, 2014 10:16am Nov 12, 2014 10:16am
This consolidation range though....
Good luck and may the odds be ever in your favor!
  • #50,125
  • Nov 12, 2014 10:55am Nov 12, 2014 10:55am
to or not to short at 115.40
  • #50,126
  • Nov 12, 2014 11:08am Nov 12, 2014 11:08am
Quoting fxtradeabi
to or not to short at 115.40
I stopped trading against the trend a long time ago...nothing but losses. I would personally wait for a break below 115 and an hourly close to confirm.
Good luck and may the odds be ever in your favor!
  • #50,127
  • Nov 12, 2014 11:26am Nov 12, 2014 11:26am
Quoting dbutton1990
{quote} I stopped trading against the trend a long time ago...nothing but losses. I would personally wait for a break below 115 and an hourly close to confirm.
Yeah I'm not trying to fight anything, just scalping. DXY is helping a bit in trying to see what's going on and looks rather bullish. So I'm just going to play along
  • #50,128
  • Nov 12, 2014 3:11pm Nov 12, 2014 3:11pm
seems to be stuck between 116-115 level , but easy to trade
Attached Image(s) (click to enlarge)
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There are mo fo's, then there are mo fo's...
  • #50,129
  • Nov 12, 2014 4:17pm Nov 12, 2014 4:17pm
this is the calm before the storm
  • #50,130
  • Nov 12, 2014 4:45pm Nov 12, 2014 4:45pm
Quoting Liam0530
this is the calm before the storm
Yes she will rise tonight.
Please check out my blog at https://from-zero-to-hero . net
  • #50,131
  • Nov 12, 2014 5:52pm Nov 12, 2014 5:52pm
It seems we keep looking for correction on the uptrend.
  • #50,132
  • Nov 12, 2014 6:05pm Nov 12, 2014 6:05pm
Quoting peeterwoolf
It seems we keep looking for correction on the uptrend.
I agree, it's tough to trade if you are not already in.
  • #50,133
  • Nov 12, 2014 6:16pm Nov 12, 2014 6:16pm
Overnight thru morning and into the early afternoon the USDJPY played the classic smack and tug routine. This is usually the edge before the storm. Later this afternoon it finally got to climb a bit now hovering the old support posed to attempt a hard resistance zone. I would ponder to guess that this is a option barrier area. due to expire sometime in the next 24 hours. Money is probably protecting positions both ways With more durability to keep it from climbing.
"Look Left Think Right"
  • #50,134
  • Nov 12, 2014 6:20pm Nov 12, 2014 6:20pm
12 pip drop so far with jpy data coming in stronger then forecasted, hmm
  • #50,135
  • Nov 12, 2014 7:43pm Nov 12, 2014 7:43pm
dollar longs waiting for unemployment claims # to come out before the next move
  • #50,136
  • Nov 12, 2014 9:36pm Nov 12, 2014 9:36pm
retards are back. more retarded are the yen bears who crop this up on small good news.

BOJ official Amamiya: QQE programme is open-ended, not deadline set
  • #50,137
  • Nov 12, 2014 9:38pm Nov 12, 2014 9:38pm
QQE is open ended and FED is going to watch your muppet show everyday and degrade the corporate earnings of american companies
  • #50,138
  • Nov 12, 2014 9:40pm Nov 12, 2014 9:40pm
sick of this news

Japan LDP senior official says... its appears #Abe has decided to call election. Jiji news agency
  • #50,139
  • Nov 12, 2014 9:42pm Nov 12, 2014 9:42pm
Seems we've become jaded to all this nonsense

:/
  • #50,140
  • Nov 12, 2014 9:45pm Nov 12, 2014 9:45pm
Quoting giveachance
sick of this news Japan LDP senior official says... its appears #Abe has decided to call election. Jiji news agency
When Abe calls the election, QQE is all but toast.
97, here we come.

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