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USD/JPY Discussion

  • #51,221
  • Nov 21, 2014 5:14am Nov 21, 2014 5:14am
Yeah forex trading tends be like playing in traffic, in the rain, on a busy 8 lane highway at rush hour, one wrong step and your a pancake.
  • #51,222
  • Nov 21, 2014 5:52am Nov 21, 2014 5:52am
What a bummer, none of my but limit above 118.5 triggered.
"The Public Sucks" - George Carlin
  • #51,223
  • Nov 21, 2014 6:03am Nov 21, 2014 6:03am
wooow!! whats preventing it from passing 118.xx??... we need the major spike up guys!! gutted I miss the big euro sell off... pissed!!
  • #51,224
  • Nov 21, 2014 6:35am Nov 21, 2014 6:35am
Good morning from the U.S. looks like a retest of 119 is in the cards for today!
Good luck and may the odds be ever in your favor!
  • #51,225
  • Nov 21, 2014 6:43am Nov 21, 2014 6:43am
Quoting dbutton1990
Good morning from the U.S. looks like a retest of 119 is in the cards for today!
The bull is certainly putting up a fight.....but 119 by today maybe too optimistic. Good luck.
  • #51,226
  • Nov 21, 2014 6:45am Nov 21, 2014 6:45am
Hopefully we can break pass this 118.xx range and edge up.... I also missed the big EURO sell off!! Story of my miserable life
  • #51,227
  • Nov 21, 2014 7:07am Nov 21, 2014 7:07am
Quoting poseikwame
Hopefully we can break pass this 118.xx range and edge up.... I also missed the big EURO sell off!! Story of my miserable life
Next week will be your week. This is a promises.
  • #51,228
  • Nov 21, 2014 7:09am Nov 21, 2014 7:09am
Quoting x58
{quote} Next week will be your week. This is a promises.
Inshallah!!
  • #51,229
  • Nov 21, 2014 7:13am Nov 21, 2014 7:13am
Quoting poseikwame
{quote} Inshallah!!
Allah akabar
  • #51,230
  • Nov 21, 2014 7:28am Nov 21, 2014 7:28am
Quoting poseikwame
wooow!! whats preventing it from passing 118.xx??... we need the major spike up guys!! gutted I miss the big euro sell off... pissed!!
End of the week IMO. (not to mention general lack of conviction at the moment) It's been lurking around this vicinity for a while - it's gaining traction for another upmove IMO
  • #51,231
  • Nov 21, 2014 7:44am Nov 21, 2014 7:44am
Quoting Didgeridoo
{quote} End of the week IMO. (not to mention general lack of conviction at the moment) It's been lurking around this vicinity for a while - it's gaining traction for another upmove IMO
hopefully we get more bulls on board to get this baby off the runway!! we need more steam... don't know whats happening to NY open!!
  • #51,232
  • Nov 21, 2014 7:49am Nov 21, 2014 7:49am
Quoting poseikwame
{quote} hopefully we get more bulls on board to get this baby off the runway!! we need more steam... don't know whats happening to NY open!!
Could be the snow......brainfreeze
  • #51,233
  • Nov 21, 2014 7:51am Nov 21, 2014 7:51am
UJ 120 longers RIP 11/20/2014 Funeral service at noon EST
  • #51,234
  • Nov 21, 2014 7:51am Nov 21, 2014 7:51am
Quoting Mpt
UJ climbed in a rising wedge and broke nominal resistance at 117.8/118. It then proceeded to break over multi-week ( 2-3 years) resistance at 118.3/4. Upon reaching 119 it hit (at least) 300 month resistance, at which place it is not terribly surprising that it at least 'reacted'. It now descends out of that wedge and any close now under 117.8 ish and 117.2 would have it falling over time (with bounces) to at least the bottom of the wedge around 116 first (probably with a really good bounce) then 113 ish. Any future loss of 112/113 may see it complete...
Still waiting for that 4hr close over 117.8/9, let alone an attempt at 118.3/4
  • #51,235
  • Nov 21, 2014 7:54am Nov 21, 2014 7:54am
Quoting fxtradeabi
UJ 120 longers RIP 11/20/2014 Funeral service at noon EST
For the time being anyway. 20 weeks ago, everyone was calling for Cable at 1.725/1.73. It missed it by 50 ~ 100 pips - and now trades 1600 pips down.
  • #51,236
  • Nov 21, 2014 7:56am Nov 21, 2014 7:56am
You should forget about 120. Just trade the price as it comes guys.

Yesterday pinbar was an indication that a retrace could be in place. Eurjpy is better for shorts for now
Make money by doing the opposite of Giveachance aka loser
  • #51,237
  • Nov 21, 2014 7:57am Nov 21, 2014 7:57am
Is it possible for uj to 118.25?have any Idea?
  • #51,238
  • Nov 21, 2014 8:00am Nov 21, 2014 8:00am
Quoting poseikwame
{quote} hopefully we get more bulls on board to get this baby off the runway!! we need more steam... don't know whats happening to NY open!!
There's nothing to trade on. ie I personally don't see any worthwhile setups, given the lack of volatility (discounting news reactions of course)
  • #51,239
  • Nov 21, 2014 8:04am Nov 21, 2014 8:04am
Quoting Mpt
{quote} For the time being anyway. 20 weeks ago, everyone was calling for Cable at 1.725/1.73. It missed it by 50 ~ 100 pips - and now trades 1600 pips down.
You can let me know if you need a funeral service for cable as well. We don't do cable but arrangements can be made
  • #51,240
  • Nov 21, 2014 8:06am Nov 21, 2014 8:06am
Quoting fxtradeabi
{quote} You can let me know if you need a funeral service for cable as well. We don't do cable but arrangements can be made
Ha, I'm sure you can - for the right price! The Cable thing has vague similarities though, in that it went up for ever and ever. Then one day it stopped.
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