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USD/JPY Discussion

  • #50,661
  • Nov 19, 2014 4:19am Nov 19, 2014 4:19am
riding this bad ass to the top .. set my trailing stop at 40 pips..
  • #50,662
  • Nov 19, 2014 4:28am Nov 19, 2014 4:28am
Quoting pipcenturion
I suggest that traders be careful with going short usdjpy. I strongly feel that short will be good only after price has reached 117.60 Happy trading guys!
Target reached. Traders can now look for reversal patterns on 4hr tf and then take sell trades.
Happy trading guys!
  • #50,663
  • Nov 19, 2014 4:40am Nov 19, 2014 4:40am
Not usually catching ''falling knives'', but took short at 117.60...Seems to me that reasonable top is 124 but long way to go.
  • #50,664
  • Nov 19, 2014 4:56am Nov 19, 2014 4:56am

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  • #50,665
  • Nov 19, 2014 5:32am Nov 19, 2014 5:32am
This advance looks overdone, I am bullish USD.JPY but rarely does it go more than +1 JPY in a day. Short is not a high probability bet either so I will stay out for now.
  • #50,666
  • Nov 19, 2014 5:36am Nov 19, 2014 5:36am
Why would anyone wanna short is beyond me
Buy at support sell at resistance
buy at resistance break sell at support break
  • #50,667
  • Nov 19, 2014 5:40am Nov 19, 2014 5:40am
Quoting Alstre
Why would anyone wanna short is beyond me Buy at support sell at resistance buy at resistance break sell at support break

Losers
  • #50,668
  • Nov 19, 2014 5:43am Nov 19, 2014 5:43am
  • #50,669
  • Nov 19, 2014 7:34am Nov 19, 2014 7:34am
Quoting hellonoob
This advance looks overdone, I am bullish USD.JPY but rarely does it go more than +1 JPY in a day. Short is not a high probability bet either so I will stay out for now.
Hi pal

Look at investing on this pair instead in my pov. Intra day possibilities are driven by news effect and market psychology.

In higher tf it would be a general overall view which u will be getting.

I agree with you opinion on staying out too if you're riding the train now
Sincerely Yours Cheers!
  • #50,670
  • Nov 19, 2014 7:45am Nov 19, 2014 7:45am
Holding longs on U/J and G/J...


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  • #50,671
  • Nov 19, 2014 8:07am Nov 19, 2014 8:07am
Holding my shorts on UJ because I can. Bring on the hate bitches!
  • #50,672
  • Nov 19, 2014 8:11am Nov 19, 2014 8:11am
Quoting fxtradeabi
Holding my shorts on UJ because I can. Bring on the hate bitches!
no hate, no hate - could go either way... if it shorts, I'll buy the dip. this way, we both win.
  • #50,673
  • Nov 19, 2014 8:11am Nov 19, 2014 8:11am
Quoting Oser
{quote} no hate, no hate - could go either way... if it shorts, I'll buy the dip. this way, we both win.
  • #50,674
  • Nov 19, 2014 8:35am Nov 19, 2014 8:35am
Got out of my longs at 117.50. now watching still.. waiting for a sign to short this as the bull clearly is running out of juice. Pending shorts in place at 117.95
I don't even have a cool signature
  • #50,675
  • Nov 19, 2014 8:35am Nov 19, 2014 8:35am
Everybody is selling the yen pairs, expect 120 it seems, maybe 130 next.

It doesn't dip enough to buy something
Make money by doing the opposite of Giveachance aka loser
  • #50,676
  • Nov 19, 2014 8:41am Nov 19, 2014 8:41am
Quoting fxtradeabi
Holding my shorts on UJ because I can. Bring on the hate bitches!
The money you've lost speaks for itself.
  • #50,677
  • Nov 19, 2014 8:50am Nov 19, 2014 8:50am
Quoting DonaldPump
{quote} The money you've lost speaks for itself.
Don't give up do you? When I see you've withdrawn all that money from your longs like you claim to be holding since 105 was it? then I'll do some finger licking until then take the corner and preach silently.
  • #50,678
  • Nov 19, 2014 8:54am Nov 19, 2014 8:54am
Quoting forexings
I stopped trading on yen pairs because once it start fall there will be no return. So no more mid-long term opportunity
Could this case happen? How bad could it be? 200 pips per day? It freaks me out to think that a lot of people holding this pair right now, once they sell it could be disaster
  • #50,679
  • Nov 19, 2014 8:55am Nov 19, 2014 8:55am
Quoting fxtradeabi
Holding my shorts on UJ because I can. Bring on the hate bitches!
http://www.bloomberg.com/news/2014-1...ion-gloom.html
“On the question of whether Abenomics is working or not, it’s kind of working but we need to do more of it,”said Stewart Richardson, who helps oversee $180 million at RMG Wealth Management LLP in London. “It’s just not wise to bet against a central bank when it has such deep pockets.”
  • #50,680
  • Nov 19, 2014 9:03am Nov 19, 2014 9:03am
Quoting fxtradeabi
{quote} Don't give up do you? ... then take the corner and preach silently.
Follow your own advice instead of antagonizing people to hate on your trading decisions. Like I said, the trades speak for themselves.
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