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USD/JPY Discussion

  • #50,441
  • Edited 9:39pm Nov 17, 2014 9:07pm | Edited 9:39pm
Quoting Mpt
{quote} Why are the extra terrestrials rushing at 9 pm? And where are they rushing to?
just alot of price action always goes on at that time...

LOL
  • #50,442
  • Nov 18, 2014 2:29am Nov 18, 2014 2:29am
in 2 hours Abe should give us a new high
  • #50,443
  • Nov 18, 2014 2:54am Nov 18, 2014 2:54am
is he going to talk about tax hike?

I thought it is scheduled to be tomorrow?
  • #50,444
  • Nov 18, 2014 3:08am Nov 18, 2014 3:08am
Quoting dojihammer
is he going to talk about tax hike? I thought it is scheduled to be tomorrow?
5:10am eastern US time.... 10:10 gmt time

4:10am***
  • #50,445
  • Nov 18, 2014 3:10am Nov 18, 2014 3:10am
Enter long now.
  • #50,446
  • Nov 18, 2014 3:19am Nov 18, 2014 3:19am
Quoting MrketSniper
Enter long now.
still have problem closing above 116.8.
  • #50,447
  • Nov 18, 2014 3:33am Nov 18, 2014 3:33am
closed now, long till 117
  • #50,448
  • Nov 18, 2014 3:57am Nov 18, 2014 3:57am
Here we go

Gratz to the longs who bough up this little pull back
Attached Image
  • #50,449
  • Nov 18, 2014 4:17am Nov 18, 2014 4:17am
wow, watching this Abe press conference and nothing good for japan but price drops 50 pips LOL what BS

(right back up though)

big boys will make sure there is balance, will not allow a rocketship candle to happen, every new high will have a strong snap correction before continuing up....
  • #50,450
  • Nov 18, 2014 4:26am Nov 18, 2014 4:26am
Quoting Liam0530
wow, watching this Abe press conference and nothing good for japan but price drops 50 pips LOL what BS (right back up though) big boys will make sure there is balance, will not allow a rocketship candle to happen, every new high will have a strong snap correction before continuing up....
News was out before. Details was the unknown. SO it was pretty much priced in. And then we have the concept "pump and dump", Buy the rumour sell the fact. Question is now, how much was everything priced in? Re test of 117 was made before so it could start sliding when everyone have enterd again.
I don't even have a cool signature
  • #50,451
  • Nov 18, 2014 4:41am Nov 18, 2014 4:41am
What BS is going on? I thought with that dovish press conference we would have shot up to 118 by now.
  • #50,452
  • Nov 18, 2014 4:42am Nov 18, 2014 4:42am
buy 116.5
  • #50,453
  • Nov 18, 2014 5:37am Nov 18, 2014 5:37am
Crazy ping-pong action from the announcement. While the rumor of the tax hike delay was confirmed, it seems the market already priced it in for the short term. And this is the second time within a few days that it's touched 117 and had a strong rejection. Should break 117 this week, possibly touch 118 if US data is better than expected. I'm holding longs from 105-106, but with the way the market has reacted to 117 has me erring on the side of caution. 120 is still the target, but I will need to see how the bears react before I decide when to reload.
  • #50,454
  • Nov 18, 2014 5:39am Nov 18, 2014 5:39am
Quoting DonaldPump
Crazy ping-pong action from the announcement. While the rumor of the tax hike delay was confirmed, it seems the market already priced it in for the short term. And this is the second time within a few days that it's touched 117 and had a strong rejection. Should break 117 this week, possibly touch 118 if US data is better than expected. I'm holding longs from 105-106, but with the way the market has reacted to 117 has me erring on the side of caution. 120 is still the target, but I will need to see how the bears react before I decide when to reload....

holy crap - 105-106? nerves of steal! great job!

hope you've been adding on the climb up.
  • #50,455
  • Nov 18, 2014 7:01am Nov 18, 2014 7:01am
I'm thinking short based off the 4 hr double top
Good luck and may the odds be ever in your favor!
  • #50,456
  • Nov 18, 2014 7:41am Nov 18, 2014 7:41am
up baby up!!
  • #50,457
  • Nov 18, 2014 7:48am Nov 18, 2014 7:48am
Quoting dbutton1990
I'm thinking short based off the 4 hr double top
Learnt my lesson more than once, which is to not short this POS
  • #50,458
  • Nov 18, 2014 7:50am Nov 18, 2014 7:50am
Will it ever hit 117?
  • #50,459
  • Nov 18, 2014 7:52am Nov 18, 2014 7:52am
holding shorts until tomorrow news or SL is hit.

entry short : 116.630

SL : 116.824
TP1 : 116.175
TP2 : 115.709

edit:
E/J also short ~145.900
  • #50,460
  • Nov 18, 2014 7:52am Nov 18, 2014 7:52am
manipulation at its best!!
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