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USD/JPY Discussion 6 replies

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

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USD/JPY Discussion

Quoting thegmann
Took the short setup as first trade of new year...That support level was too good to pass up. Had a pending sell at 120.7 with a sl at 120.825 that got triggered stops moved to BE at +20 pips. Letting her ride now. My optimum target is 118 but well see. I feel like were going to range now between the 120.8-118 levels for a bit. Gotta beak this 120.325 level {image} {image}
Im out of my short +40 120 and 185 looking strong ill wait for retest or if we start going up ill long it with stops below 120 and 185 on dollar yen and geppy.
Haha... *sips coffee

Good week, time to clock out


good weekend folks tgif
Quoting Idkurv
{quote} let see how low it can go...
add more short
Just replied EURUSD thread and stated that next week would be a big week for dollar and possibly break above its 121.00 level.
To save the time, here is the link.
http://www.forexfactory.com/showthre...75#post7970475

Good luck.
Learn the rules like a pro, so you can break it like an artist.
Dream Keeper 守梦者 Return This Year: 1,037.6%
Quoting dbutton1990
Reloaded longs here guys. Bullish engulfing candle on the 5 min {image}
Stopped out. Short targeting 119
Good luck and may the odds be ever in your favor!
Quoting dbutton1990
{quote} Stopped out. Short targeting 119

Think your short is a little too late. Sitting at strong support. Please fuel the rally <3
Very nice bullish dragonfly doji formation on the one hour. I have closed my position and re-entered long. Stop at 119.80, TP open
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Good luck and may the odds be ever in your favor!
Quoting Rizmeister
{quote} Think your short is a little too late. Sitting at strong support. Please fuel the rally <3
Yeah I closed it out for a loss. Oh well. Back in long now
Good luck and may the odds be ever in your favor!
Quoting dbutton1990
Very nice bullish dragonfly doji formation on the one hour. I have closed my position and re-entered long. Stop at 119.80, TP open {image}
.... dude if you keep reversing your positions back and forth back and forth your going to keep getting stopped out in both directions. Find the levels of support/resistance on your chart and wait for high probability set ups. You have to stop jumping in every time trade goes against you. Set your s/l and stop looking.

you do realize that 120.3-5 is a resistance area and we will most likely bounce from here or consolidate. Your also entering on a Friday where we could gap up or down either way here.
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Quoting thegmann
{quote} .... dude if you keep reversing your positions back and forth back and forth your going to keep getting stopped out in both directions. Find the levels of support/resistance on your chart and wait for high probability set ups. You have to stop jumping in every time trade goes against you. Set your s/l and stop looking.
I have them marked. I was just doing some scalping for today. I got this
Good luck and may the odds be ever in your favor!
Today has been rough, I lost over 30 pips and barely recovered them. This will be last time I trade on fridays unless its NFP.
my tp is 122.11
"I'm not answering stupid questions."
Nice flip of support and resistance on the weekly TF....

Seems that price is gonna test the last swing high.
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Quoting Edamde
Today has been rough, I lost over 30 pips and barely recovered them. This will be last time I trade on fridays unless its NFP.
I find Fridays kinda rough to begin with. I've often thought about cutting them out myself. That and Sundays
Good luck and may the odds be ever in your favor!
Quoting fxtradeabi
Any run up is just an opportunity to short. Data was bad. Important bps off but still bad. Short the pullback. This obvious analysis was brought to you by Liam & Liam forexgods Inc.
so hows the short work? or did you buy the dip?
Gidday Traders

Man eyes look like piss holes in the snow

to muchy screen time

To many charts running

the old market trying to out all the stops

Old steel balls held on an made a few pips

Still thought we would be way up around 122+ etc

with the EUR/US taking a massive dump into 1.20

still keep posting in traders

great reading the banter
UJ 15M Chart:
Cheers, U2

http://www.forexfactory.com/showthre...08#post7970908
Wait, or you will be slaughtered!
Quoting Uturn2
UJ 15M Chart: Cheers, U2 http://www.forexfactory.com/showthre...08#post7970908
What does this stand for, please?

ab (i) (ii) i ii ab iii iv ab v (ab) i ii ab iii iv ab v (iii) (iv) ab (v)
Quoting Liam0530
{quote} so hows the short work? or did you buy the dip?
I was short when news came out and then bought when it filled the gap

Decent day for me.

Holding long position over weekend. BIG week next week.

How did you get along?
Quoting eliteincome
Gidday Traders Man eyes look like piss holes in the snow to muchy screen time To many charts running the old market trying to out all the stops Old steel balls held on an made a few pips Still thought we would be way up around 122+ etc with the EUR/US taking a massive dump into 1.20 still keep posting in traders great reading the banter
Hey Elite,

I took a break for a few days - took a loss last week that I shouldnt have. Took a few days off and done well today.

Even though the last few days have been good for bulls on UJ - missed it all and came back.

That helped massively!

How you getting along?
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Jarqo