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USD/JPY Discussion

  • #51,201
  • Nov 21, 2014 12:38am Nov 21, 2014 12:38am
Quoting Mpt
{quote} It took off when I went to get a phone to take a photo, so may well be hiding just outside. I think I'll be staying inside for a while. It's only the second most venomous land snake in the world - one bite and you're often dead in less than 30 minutes - some people have been known to die within seconds. Friendly critter.
lol. no joke.

Attached Image
Corripe Cervisiam!
  • #51,202
  • Nov 21, 2014 12:59am Nov 21, 2014 12:59am
Seemingly big sellers AND buyers. IMO do either one, at the right place.
  • #51,203
  • Nov 21, 2014 1:08am Nov 21, 2014 1:08am
It seems if you were looking for comic relief tonight, then you're in the right place.

Short U/J now (or soon). Quick scalp. Then will long again. Then will short again after that (which will be a bigger move than my previous long), then buy again after that, when it should be well on it's way to 120!
Please check out my blog at https://from-zero-to-hero . net
  • #51,204
  • Nov 21, 2014 1:28am Nov 21, 2014 1:28am
Quoting smash1820
It seems if you were looking for comic relief tonight, then you're in the right place. Short U/J now (or soon). Quick scalp. Then will long again. Then will short again after that (which will be a bigger move than my previous long), then buy again after that, when it should be well on it's way to 120!
riskier that way, isn't it? Why not just buy at support? - wherever it finally settles

(with all due respect).
  • #51,205
  • Nov 21, 2014 1:33am Nov 21, 2014 1:33am
Quoting Didgeridoo
Riskier that way, isn't it? Why not just buy at support? (with all due respect).
Support was at 117.70 (like I previously said) and I am long from there. "When the facts change, I change my mind. What do you do, sir?"

Sorry, that is a direct quote from another FF member, but I forgot exactly who.
Please check out my blog at https://from-zero-to-hero . net
  • #51,206
  • Nov 21, 2014 1:42am Nov 21, 2014 1:42am
Quoting smash1820
{quote} Support was at 117.70 (like I previously said) and I am long from there. "When the facts change, I change my mind. What do you do, sir?" Sorry, that is a direct quote from another FF member, but I forgot exactly who.
Cool.

This market is pretty fickle right now. Moves get eaten up. Patience is a virtue/prerequisite in this market (which I need more of)
  • #51,207
  • Nov 21, 2014 1:51am Nov 21, 2014 1:51am
Patience will always be a virtue. It is something I need to work on too (literally, one of my biggest problems, if not, the biggest).

Support now at 117.70 was just broken to the downside, which is NOT a good sign for the bulls (although it can still retrace in what has now become an "official" downtrend", so a "retracement" now actually favors the bulls not the bears).

But, then again, don't take my words too seriously. When you do, that's usually when they will screw you over... because the market can change in an INSTANT.

And I am also far more aggressive than the average trader, and even your typical daytrader for that matter...
Please check out my blog at https://from-zero-to-hero . net
  • #51,208
  • Nov 21, 2014 2:08am Nov 21, 2014 2:08am
Quoting smash1820
Patience will always be a virtue. It is something I need to work on too (literally, one of my biggest problems, if not, the biggest). Support now at 117.70 was just broken to the downside, which is NOT a good sign for the bulls (although it can still retrace in what has now become an "official" downtrend", so a "retracement" now actually favors the bulls not the bears). But, then again, don't take my words too seriously. When you do, that's usually when they will screw you over... because the market can change in an INSTANT. And I am also far more...
aggressiveness is good.

Yeah, technically USD is a sell, but overall it's a buy - IMO. I think I'll just wait till aligned.
  • #51,209
  • Nov 21, 2014 2:56am Nov 21, 2014 2:56am
draghi always comes through ..
  • #51,210
  • Nov 21, 2014 2:58am Nov 21, 2014 2:58am
Draghi talks and it affects the yen...lol
Make money by doing the opposite of Giveachance aka loser
  • #51,211
  • Nov 21, 2014 2:59am Nov 21, 2014 2:59am
looking to go long at around 117.04 area any good? =)
  • #51,212
  • Nov 21, 2014 3:13am Nov 21, 2014 3:13am
Lots of up down big money stop chasing going on here. Take it up past stops. Sell. Take it down past stops. Buy.
  • #51,213
  • Nov 21, 2014 3:20am Nov 21, 2014 3:20am
Looking eurjpy to hit 144,80 if the sellers keep hammering the pair.
Make money by doing the opposite of Giveachance aka loser
  • #51,214
  • Nov 21, 2014 3:21am Nov 21, 2014 3:21am
Quoting nessus94
Looking eurjpy to hit 144,80 if the sellers keep hammering the pair.
seems like it x/JPY won't go down from here.
buyers.
  • #51,215
  • Nov 21, 2014 4:07am Nov 21, 2014 4:07am
Quoting openyoureyes
{quote} seems like it x/JPY won't go down from here. buyers.
the winner is the euro yen today. I agree there are some buyers there, especially with usdjpy holding ground.

But i still look at lower area, and i am curious to see the weekly candle
Make money by doing the opposite of Giveachance aka loser
  • #51,216
  • Nov 21, 2014 5:01am Nov 21, 2014 5:01am
Dollar's just got stronger and U/J's still not moved up much..... Come on...
  • #51,217
  • Nov 21, 2014 5:09am Nov 21, 2014 5:09am
beautiful end to another week in the books....

locked in 3k profit between usd jpy spike and eur usd today

draghi never lets us down

good weekend folks

holding my UJ 117.5 long for now (small size trade)
  • #51,218
  • Nov 21, 2014 5:10am Nov 21, 2014 5:10am
Quoting fallinz
Dollar's just got stronger and U/J's still not moved up much..... Come on...
Yeah.. wondering why
  • #51,219
  • Nov 21, 2014 5:11am Nov 21, 2014 5:11am
Anyone have any good entry points for going long the JPY right now? It's not a pair I trade regularly and the fundamentals don't make any sense right now.
I'm looking at the technicals trying to find a balance but the this is crazy all over right now.

Fundamentally because of the BOJ intervention I suspect any long will do fine, but short term it might be a few weeks before that plays out.

Is there going to be a correction soon?
  • #51,220
  • Nov 21, 2014 5:12am Nov 21, 2014 5:12am
Quoting Eda
Anyone have any good entry points for going long the JPY right now? It's not a pair I trade regularly and the fundamentals don't make any sense right now. I'm looking at the technicals trying to find a balance but the this is crazy all over right now. Fundamentally because of the BOJ intervention I suspect any long will do fine, but short term it might be a few weeks before that plays out. Is there going to be a correction soon?
don't take rash decisions;
no upward momentum yet...

you are right,
since 2 years abenomics is on power and
with the latest BoJ intervention, they tell the world that they still want cheaper JPY.

just wait for the opportunity
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