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USD/JPY Discussion

  • #50,941
  • Nov 20, 2014 6:32am Nov 20, 2014 6:32am
Oh fuck!! it's going down now. What a bummer
  • #50,942
  • Nov 20, 2014 6:35am Nov 20, 2014 6:35am
Quoting x58
{quote} Made today 2700 Euros and now lost 2000 Euros. 30 years ago needed for start capital to trade $ 2500 - 5000. Now to make money need account $ 20000, if want make serious money , good living need account $ 200.000.
That's very true. Life is more and more expansive.

But you still can turn 2k into 20k and then make a living from there.

Why haven't you stopped after reaching 2700 euros ? 2700 Euros is 2 months of Salary in here, you made it in one day
Make money by doing the opposite of Giveachance aka loser
  • #50,943
  • Nov 20, 2014 6:37am Nov 20, 2014 6:37am
Look for an "attempted" move back towards 118.27ish area. How close it can get to this area, and how it reacts to it will add confirmation on direction.
  • #50,944
  • Nov 20, 2014 6:41am Nov 20, 2014 6:41am
Quoting KongMing
{quote} True dat Forex is about making money at the expense of others. Everyone says "I will sell at 120" so that The news is somewhat fake, did not you know? Do you really think people who make money do not also lie to do so?

do u know which is true which is fake?
  • #50,945
  • Nov 20, 2014 6:43am Nov 20, 2014 6:43am
People looking to go long here's your chance
Good luck and may the odds be ever in your favor!
  • #50,946
  • Nov 20, 2014 6:46am Nov 20, 2014 6:46am
Quoting SashaP
{quote} Trust me the more ppl scream 120 going up and stuff the faster it goes down)
Okay, whatever. I didn't know this was about people screaming. Thought it was about laws of simple supply and demand.

Happy trading
  • #50,947
  • Nov 20, 2014 6:49am Nov 20, 2014 6:49am
Quoting benaiah
I do not see this pair going up any time soon. The pull back has begun, and bears are in control. If you are long. I hope it reverses before too much pain. I will look for bullish reversal. But on H1, it has clearly began a descent, and could easily drop to 115 area. We will see what the price tells us...
I'm looking at a correction around 115,50-70, i know it sounds miles away but this pair can move pretty fast.

Most importantly, we will have to focus on the daily close, at this moment it is pinbar.
Make money by doing the opposite of Giveachance aka loser
  • #50,948
  • Nov 20, 2014 6:50am Nov 20, 2014 6:50am
Quoting dbutton1990
People looking to go long here's your chance
I'm long, but only short term. I expect further lows. But if price can get above 118.27, and show strong bullish tendencies, then I may change my mind...
  • #50,949
  • Nov 20, 2014 7:01am Nov 20, 2014 7:01am
Quoting nessus94
{quote} I'm looking at a correction around 115,50-70, i know it sounds miles away but this pair can move pretty fast. Most importantly, we will have to focus on the daily close, at this moment it is pinbar.
Yes, 115 very possible. But nothing would surprise me. A fall to 112 and this pair would still be in a strong uptrend.

Not predicting anything.
  • #50,950
  • Nov 20, 2014 7:03am Nov 20, 2014 7:03am
Quoting benaiah
{quote} Yes, 115 very possible. But nothing would surprise me. A fall to 112 and this pair would still be in a strong uptrend. Not predicting anything.
Back in the years, we had a 1000 pips drop without making the trend change, so i agree with you
Make money by doing the opposite of Giveachance aka loser
  • #50,951
  • Nov 20, 2014 7:06am Nov 20, 2014 7:06am
120 baby!! Fantastic figures from the greenbuck!!
  • #50,952
  • Nov 20, 2014 7:06am Nov 20, 2014 7:06am
im buying this on ANY 100 pip dip or so dip from now until 120+ the market has proven that this bad boy is not a logical pair and all technical analysis is out the window buy buy buy that's the motto im long at 118 I have pending longs at 117 116 and 115 as well if it drop so what im buying if it goes up great ill buy some more. Learned my lesson trying to short at resistance with tight s/l it just leads to more losses buying is only move idc how overbought it looks because BOJ just doesn't care. USDJPY to 125+ year end.
  • #50,953
  • Nov 20, 2014 7:11am Nov 20, 2014 7:11am
anybody here ever trade the GBP/JPY? Literally just saw that thing pop 80 pips in a matter of minutes!
Good luck and may the odds be ever in your favor!
  • #50,954
  • Nov 20, 2014 7:13am Nov 20, 2014 7:13am
Quoting dbutton1990
anybody here ever trade the GBP/JPY? Literally just saw that thing pop 80 pips in a matter of minutes!
Yes, I go back and forth with several pairs, and that's one of my favs
  • #50,955
  • Nov 20, 2014 7:15am Nov 20, 2014 7:15am
Quoting benaiah
Look for an "attempted" move back towards 118.27ish area. How close it can get to this area, and how it reacts to it will add confirmation on direction.
Area rejected. Now see if a new low is made or if it will stick around to try and reverse....
  • #50,956
  • Nov 20, 2014 7:18am Nov 20, 2014 7:18am
Quoting benaiah
{quote} Yes, I go back and forth with several pairs, and that's one of my favs
well 118.32 hit... to break your 118.22-27 range isnt a problem...
  • #50,957
  • Nov 20, 2014 7:19am Nov 20, 2014 7:19am
We should bust through this level and get back to 118.70
Good luck and may the odds be ever in your favor!
  • #50,958
  • Nov 20, 2014 7:20am Nov 20, 2014 7:20am
Again...support line at 117.90-95
Good luck and may the odds be ever in your favor!
  • #50,959
  • Nov 20, 2014 7:21am Nov 20, 2014 7:21am
Can almost smell a squeeze coming to break 117.80
  • #50,960
  • Nov 20, 2014 7:24am Nov 20, 2014 7:24am
Quoting poseikwame
{quote} well 118.32 hit... to break your 118.22-27 range isnt a problem...
No the range is bigger than that, I said 118.27ish area, which is where the area starts from the bottom. But hey, I only read the price, it says more downside is coming. Look at the bright side. Lower prices to BUY
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