USD/JPY Discussion | Page 2573 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

USD/JPY

Similar Threads

USD/JPY Discussion 12 replies

NZD/JPY Discussion 12 replies

long eur/jpy, gbp/jpy, usd/jpy 11 replies

EUR/USD Bollinger Band Discussion 3 replies

Suidster's GBP/JPY Discussion 19 replies

Attachments: USD/JPY Discussion
Exit Attachments

USD/JPY Discussion

  • #51,441
  • Nov 24, 2014 6:21pm Nov 24, 2014 6:21pm
Quoting fxtradeabi
{quote} hahahahahah im not taking that flight, that is bound to crash taking the one down to 117. I left you a parachute just in case your flight crashes you know how to reach me at 115
You are in the wrong terminal then!!
  • #51,442
  • Nov 24, 2014 6:22pm Nov 24, 2014 6:22pm
Quoting poseikwame
{quote} You are in the wrong terminal then!!
Worse, you're in the wrong airport!!!
  • #51,443
  • Nov 24, 2014 6:23pm Nov 24, 2014 6:23pm
Use that parachute!!! it's almost time
  • #51,444
  • Nov 24, 2014 6:26pm Nov 24, 2014 6:26pm
Quoting SerpentDove
{quote} Too many passengers?
we enroute just have to offload a few pax!! CC pohchuan
  • #51,445
  • Nov 24, 2014 6:28pm Nov 24, 2014 6:28pm
beware bears - bear trap possibly... maybe not, maybe so...
  • #51,446
  • Nov 24, 2014 6:29pm Nov 24, 2014 6:29pm
Inserted Video
  • #51,447
  • Nov 24, 2014 6:33pm Nov 24, 2014 6:33pm
Inserted Video
  • #51,448
  • Nov 24, 2014 6:33pm Nov 24, 2014 6:33pm
Quoting fxtradeabi
Use that parachute!!! it's almost time
dont drown... i left you a flyboard!!
  • #51,449
  • Nov 24, 2014 6:50pm Nov 24, 2014 6:50pm
its almost obvious to me that at these levels, no matter what kuroda says, the pair will drop down a bit... good or bad... for balance..

another opportunity to reload .. lets see what happ0ens in few minutes
  • #51,450
  • Nov 24, 2014 6:51pm Nov 24, 2014 6:51pm
Quoting poseikwame
{quote} dont drown... i left you a flyboard!!
Oh we're fine down here, you're not this dude are you? still not late, use the parachute!!!
Attached Image
  • #51,451
  • Nov 24, 2014 6:53pm Nov 24, 2014 6:53pm
Quoting Liam0530
its almost obvious to me that at these levels, no matter what kuroda says, the pair will drop down a bit... good or bad... for balance.. another opportunity to reload .. lets see what happ0ens in few minutes
You think this drop is bad? Check out GBP/JPY. I've never seen so much profit in such a short time. Shorted at 185.823, price drops down 60 pips in 10 minutes just before Kuroda o.0

Fastest profit i've made in 3 months.
  • #51,452
  • Nov 24, 2014 6:57pm Nov 24, 2014 6:57pm
Dont get caught on this fakeout!
Good luck and may the odds be ever in your favor!
  • #51,453
  • Nov 24, 2014 7:05pm Nov 24, 2014 7:05pm
Here's a good snippet of Kuroda's speech that best expresses the effects of the news on the currency.

"At the same time, this would be a part of the process of having the fruits of the correction of the yen appreciation and of overcoming deflation spread through the whole economy. Such progress should not be stopped now. To achieve the price stability target, the Bank has been taking "action" and will continue to do so"

This, plus the necessary correction before moving onto 120, means that intraday outlook for the next few hours=retracement.

Reload longs on lower prices. Don't buy longs right now; wait for prices to dip.

Current status on "xxx/jpy" pairs: 75 pips in profit (shorted GBP/JPY, but the prices for USD/JPY and GBP/JPY move in the same direction)
  • #51,454
  • Nov 24, 2014 7:05pm Nov 24, 2014 7:05pm
Quoting Vermillion
{quote} You think this drop is bad? Check out GBP/JPY. I've never seen so much profit in such a short time. Shorted at 185.823, price drops down 60 pips in 10 minutes just before Kuroda o.0 Fastest profit i've made in 3 months.
i LOVE drops, i dont short them, i reload my longs ..
  • #51,455
  • Nov 24, 2014 7:09pm Nov 24, 2014 7:09pm
Quoting Vermillion
Here's a good snippet of Kuroda's speech that best expresses the effects of the news on the currency. "At the same time, this would be a part of the process of having the fruits of the correction of the yen appreciation and of overcoming deflation spread through the whole economy. Such progress should not be stopped now. To achieve the price stability target, the Bank has been taking "action" and will continue to do so" This, plus the necessary correction before moving onto 120, means that intraday outlook for the next few hours=retracement. Reload...

im looking for 117.5 ish to reload fully....

although im thinking of opening up a small trade right now... (scratch this)

edit: double top on hourly? ehh...
  • #51,456
  • Nov 24, 2014 7:10pm Nov 24, 2014 7:10pm
Buy it when 117.718 or 117.200
  • #51,457
  • Nov 24, 2014 7:12pm Nov 24, 2014 7:12pm
it will break 117.500 with a small pull back, than 116.900 is a buy again. anyone else?
  • #51,458
  • Nov 24, 2014 7:13pm Nov 24, 2014 7:13pm
Quoting Liam0530
{quote} im looking for 117.5 ish to reload fully.... although im thinking of opening up a small trade right now...
I give you 3 options

Option A: Don't start at 117.5. Reload at 117.4/117.3. The retracement has a very good chance of reaching those points if not beyond, and it's free 10/20 pips.

Option B: Wait a bit more before reloading

Option C: Reload a small long at the designated price, and reload more when price dips.

Personal recommendation: Option C. I don't think 117.5 area would be enough, but it's a significant support. I recommend multiple small longs in case things go awry.
  • #51,459
  • Nov 24, 2014 7:15pm Nov 24, 2014 7:15pm
We break 119 by tomorrow morning!
Good luck and may the odds be ever in your favor!
  • #51,460
  • Nov 24, 2014 7:17pm Nov 24, 2014 7:17pm
Quoting dbutton1990
We break 119 by tomorrow morning!
Retracement isn't over yet. Wait and see whether bulls will regain momentum. Until then, I don't think that statement is sound.

I'd say we've a very good chance of breaking 119 within the week, and 120 is definately within range as well. the only concern would be the retracement, which could delay the bullish rise up by a day or two.

HOWEVER, that day or two amounts to a lot of potentially lost profit-at least for me, an intraday trader.
16 traders viewing now