USD/JPY Discussion | Page 2648 | 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

  • #52,941
  • Dec 9, 2014 2:40pm Dec 9, 2014 2:40pm
USD JPY NKKIE
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY_H1.gif Size: 157 KB
  • #52,942
  • Dec 9, 2014 2:41pm Dec 9, 2014 2:41pm
Yes I understand and know all about correlations thanks.
  • #52,943
  • Dec 9, 2014 2:42pm Dec 9, 2014 2:42pm
while "almost" everyone is loading longs in this pair, i still see good space for further south move!
  • #52,944
  • Dec 9, 2014 2:44pm Dec 9, 2014 2:44pm
Quoting fxmasterdxb
while "almost" everyone is loading longs in this pair, i still see good space for further south move!
good for you. short it.
As Above, So Below
  • #52,945
  • Dec 9, 2014 2:48pm Dec 9, 2014 2:48pm
Quoting Rizmeister
Yes I understand and know all about correlations thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: SP500_1H.gif Size: 176 KB
  • #52,946
  • Dec 9, 2014 2:48pm Dec 9, 2014 2:48pm
Quoting tashkent
{quote} good for you. short it.
I'm shorting see you at 117.20
  • #52,947
  • Dec 9, 2014 2:50pm Dec 9, 2014 2:50pm
Quoting fxmasterdxb
{quote} I'm shorting see you at 117.20
i will be waiting there, grab some beer
As Above, So Below
  • #52,948
  • Dec 9, 2014 2:59pm Dec 9, 2014 2:59pm
Quoting fxmasterdxb
{quote} I'm shorting see you at 117.20

at night Asia go to UP 120
  • #52,949
  • Dec 9, 2014 3:06pm Dec 9, 2014 3:06pm
Quoting Rtm
Dude you need to meditate, will help!
Quoting Liam0530
tom is another day, and dont worry about potential missed opportunities because thats one thing in this market.. they come ALL THE DAMN TIME
Quoting Didgeridoo
I reckon everyone who trades should. Mind comes before EVERYTHING else - IMHO.
Quoting Rtm
yes, it very important, its like warming up before a game, gotta get into the zone.
Quoting Didgeridoo
Yeah, true. Good for your overall life/wellbeing too.
Just wanted to say thanks for your support guys! You all help to keep me sane. Think I will try some of this meditation stuff, who knows, maybe even yoga too. I've got nothing to lose, and only things to gain. My sister is really into it too and cannot rave enough about it.

With that said, I am prepared to tackle today head-on and I think it's going to be another beastly day. I am short GBP/JPY from ~187.40, with a T/P near 185 and NO STOP LOSS. Yes, that's right. 200+ pips folks... That's what I am targeting. Not a good sign for the US economy, dollar, or S&P 500 imho. This trade may take some time to develop still, but once it gets going... well, if yesterday meant anything to any of you... I think you'll get my point.

Thanks again guys. You keep me in check when I need to be. Let me know if any part of my analysis doesn't make sense to you, and I'll explain it in more detail. Hopefully this screenshot says enough though. I will add more to my short position(s) once it gets going.

PS: They will try to prop the yen up (xxx/JPY -- weak yen) for as long as they can... but it won't be sustainable... and when it breaks, it's going to fall HARD... at a minimum, to the most-recent swing-low (185'ish), and probably much lower still. However, this will not happen all at once.
Attached Image (click to enlarge)
Click to Enlarge Name: not looking good.jpg Size: 738 KB
Please check out my blog at https://from-zero-to-hero . net
  • #52,950
  • Dec 9, 2014 3:13pm Dec 9, 2014 3:13pm
Quoting tashkent
{quote} i will be waiting there, grab some beer
isn't just adorable? look at how support turned to resistance

Forex 101
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH1.png Size: 26 KB
  • #52,951
  • Dec 9, 2014 3:17pm Dec 9, 2014 3:17pm
Quoting smash1820
{quote} {quote} {quote} {quote} {quote} Just wanted to say thanks for your support guys! You all help to keep me sane. Think I will try some of this meditation stuff, who knows, maybe even yoga too. I've got nothing to lose, and only things to gain. My sister is really into it too and cannot rave enough about it. With that said, I am prepared to tackle today head-on and I think it's going to be another beastly day. I am short GBP/JPY from ~187.40, with a T/P near 185 and NO STOP LOSS. Yes, that's right. 200+ pips folks... That's what I am targeting....
short or long, wish you good luck
As Above, So Below
  • #52,952
  • Dec 9, 2014 3:17pm Dec 9, 2014 3:17pm
Hello Yen Masters

CNBC still saying 125 is the first target
  • #52,953
  • Dec 9, 2014 3:19pm Dec 9, 2014 3:19pm
Quoting fxmasterdxb
{quote} isn't just adorable? look at how support turned to resistance Forex 101 {image}
this happens almost all the time, what is adorable about it?
As Above, So Below
  • #52,954
  • Dec 9, 2014 3:21pm Dec 9, 2014 3:21pm
Quoting eliteincome
Hello Yen Masters CNBC still saying 125 is the first target
common people, we just had a tiny retracement, that is all. nothing has changed. bigger picture still intact.
As Above, So Below
  • #52,955
  • Dec 9, 2014 3:21pm Dec 9, 2014 3:21pm
Quoting tashkent
{quote} this happens almost all the time, what is adorable about it?
how easy it point to the upcoming direction for me this chart is screaming SHORT lol
  • #52,956
  • Dec 9, 2014 3:24pm Dec 9, 2014 3:24pm
Quoting tashkent
short or long, wish you good luck
Thank you sir. I wish you luck as well! Even though luck has no place in trading...
Please check out my blog at https://from-zero-to-hero . net
  • #52,957
  • Dec 9, 2014 3:26pm Dec 9, 2014 3:26pm
Quoting fxmasterdxb
{quote} how easy it point to the upcoming direction for me this chart is screaming SHORT lol
i trade for 5-10 pips, so really don't care which direction it will move. and fundamentals, analysis, support/resistance and all other crap from this line does not bother me.
As Above, So Below
  • #52,958
  • Dec 9, 2014 3:28pm Dec 9, 2014 3:28pm
Quoting smash1820
{quote} Thank you sir. I wish you luck as well! Even though luck has no place in trading...
you are right, but it will not hurt you if you have it by your side
As Above, So Below
  • #52,959
  • Dec 9, 2014 3:28pm Dec 9, 2014 3:28pm
Quoting tashkent
{quote} i trade for 5-10 pips, so really don't care which direction it will move. so fundamentals, analysis, support/resistance and all other crap from this line does not bother me.
  • #52,960
  • Dec 9, 2014 3:32pm Dec 9, 2014 3:32pm
Quoting eliteincome
Hello Yen Masters CNBC still saying 125 is the first target
LOL
Ghost Rider - WWTBMD?
32 traders viewing now