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USD/JPY Discussion

  • #52,641
  • Dec 7, 2014 7:04pm Dec 7, 2014 7:04pm
Then again 4hr starting to look bearish
Good luck and may the odds be ever in your favor!
  • #52,642
  • Dec 7, 2014 7:07pm Dec 7, 2014 7:07pm
starting too
  • #52,643
  • Dec 7, 2014 7:17pm Dec 7, 2014 7:17pm
They are trying hard.
  • #52,644
  • Dec 7, 2014 7:29pm Dec 7, 2014 7:29pm
run up yes. but pullback first. buy e friggin dip when it comes
  • #52,645
  • Dec 7, 2014 7:30pm Dec 7, 2014 7:30pm
Quoting Bicarus
Morning folks! Good day for yen to retrace back to 120.116ish {image}
s/l shifted to entry..
  • #52,646
  • Dec 7, 2014 8:18pm Dec 7, 2014 8:18pm
still long
  • #52,647
  • Dec 7, 2014 8:27pm Dec 7, 2014 8:27pm
Quoting Rizmeister
still long
Hi Riz,

Good to hear, me also. TP at 122 though. Is bound to go higher but might get out and rebuy on a dip after that.

S
  • #52,648
  • Dec 7, 2014 8:32pm Dec 7, 2014 8:32pm
sounds like you have a good plan buddy! gl
  • #52,649
  • Dec 7, 2014 9:09pm Dec 7, 2014 9:09pm
possible to retrace to 121.30 then long again ?
  • #52,650
  • Dec 7, 2014 9:10pm Dec 7, 2014 9:10pm
I think this pair is headed back down to 120 before we see any new highs made.
Good luck and may the odds be ever in your favor!
  • #52,651
  • Dec 7, 2014 9:22pm Dec 7, 2014 9:22pm
yes, a pullback is inevitable is what i feel
  • #52,652
  • Dec 7, 2014 9:32pm Dec 7, 2014 9:32pm
Quoting thefxfanatic
yes, a pullback is inevitable is what i feel
since when do we trade on feelings??!?! we have a country that is printing endless money! lmao this is like the worst possible thing for a currencies price lol.

I bet we will make new highs today
All posts are my personal opinion
  • #52,653
  • Dec 7, 2014 9:44pm Dec 7, 2014 9:44pm
Quoting Rtm
{quote} since when do we trade on feelings??!?! we have a country that is printing endless money! lmao this is like the worst possible thing for a currencies price lol. I bet we will make new highs today

  • #52,654
  • Dec 7, 2014 9:45pm Dec 7, 2014 9:45pm
Quoting Rtm
{quote} since when do we trade on feelings??!?! we have a country that is printing endless money! lmao this is like the worst possible thing for a currencies price lol. I bet we will make new highs today
If they announce QQE2 this is going to 150 by 2015
  • #52,655
  • Dec 7, 2014 9:50pm Dec 7, 2014 9:50pm
Quoting DonaldPump
{quote} If they announce QQE2 this is going to 150 by 2015
From what I can see (my charts aren't letting me go back past 1992), 134 and then 146 may prove the speed bumps (after breaching 123). - simplifying the bullish trend, perhaps overly.
  • #52,656
  • Dec 7, 2014 9:54pm Dec 7, 2014 9:54pm
Quoting DonaldPump
{quote} If they announce QQE2 this is going to 150 by 2015
well there will be a certain point when it will stop and things will change, we not just going to go straight there, and if we enter a risk aversion theme, people going to be flocking to jpy like it worth something. all possibilities.
All posts are my personal opinion
  • #52,657
  • Dec 7, 2014 10:00pm Dec 7, 2014 10:00pm
EU seems like its resting on support lvls
  • #52,658
  • Dec 7, 2014 10:13pm Dec 7, 2014 10:13pm
Quoting Rtm
{quote} well there will be a certain point when it will stop and things will change, we not just going to go straight there, and if we enter a risk aversion theme, people going to be flocking to jpy like it worth something. all possibilities.
Maybe, maybe not. At this point, I can't imagine any serious investors have any faith left in Abenomics. It hasn't worked at all, and it's only going to increase in magnitude with this new election cycle, meaning things for Japan will get much, much worse before they get better.
  • #52,659
  • Dec 7, 2014 11:02pm Dec 7, 2014 11:02pm
Quoting DonaldPump
{quote} Maybe, maybe not. At this point, I can't imagine any serious investors have any faith left in Abenomics. It hasn't worked at all, and it's only going to increase in magnitude with this new election cycle, meaning things for Japan will get much, much worse before they get better.
With aging population and massive, unpayable debt, things cannot get better--perhaps not for a generation or two.
  • #52,660
  • Dec 7, 2014 11:26pm Dec 7, 2014 11:26pm
Quoting DonaldPump
{quote} Maybe, maybe not. At this point, I can't imagine any serious investors have any faith left in Abenomics. It hasn't worked at all, and it's only going to increase in magnitude with this new election cycle, meaning things for Japan will get much, much worse before they get better.
its all relative. you only looking at one side right now.
All posts are my personal opinion
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