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USD/JPY Discussion 9 replies

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

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USD/JPY Discussion

Well that was messed up.

Signal for Long?
Quoting Sunsilk
Well that was messed up. Signal for Long?
Stop gambling and find a job.
Quoting x58
{quote} Stop gambling and find a job.

He has a job. Hes actually pretty good trader.
Quoting x58
{quote} Stop gambling and find a job.
Frankly, Fx needs to become your job if you want to be any good at it.
Quoting Edamde
{quote} Frankly, Fx needs to become your job if you want to be any good at it.

Quoting x58
{quote} Stop gambling and find a job.
haha someones obviously bitter the market has taken them for a ride.
Quoting DailyChart
{quote} 4H tested and close below the yesterday daily low..looking down
Beautiful NY breakout
Attached Image (click to enlarge)
Click to Enlarge Name: Yen.png Size: 19 KB
Quoting DailyChart
{quote} Beautiful NY breakout {image}
Will close my short in the next 7 minutes
Quoting DailyChart
{quote} Will close my short in the next 7 minutes
Im closed on mine.
Quoting DailyChart
{quote} Will close my short in the next 7 minutes
done...London loss 1% but NY bring me 20% for today
LO close....nothing to trade


see tomorrow
Quoting DailyChart
{quote} done...London loss 1% but NY bring me 20% for today LO close....nothing to trade see tomorrow
hourly close above 200% from yesterday low...for those who seeking long for some pips might trying now
Short.
Quoting myelbow4
Short.
Hows that short working out for you?
In my case very well.

I misread that, I thought it read "long".
Nikkei making a floor and after shadow boxing with this pair all week it looks like the retrace is over provided that index holds. I'm looking at an intraday entry at 118.40 but let's see.
Quoting whatever007
{quote} Scenario 1 would be preferred but not looking like it.
Good morning Folks...
I got stopped out from my buy . Reentered at 118.76. Hopefully will see TP at 121. SL below the current low.

I think Scenario 1 played out so far. Now hopefully with adp numbers in Us session, we will get a wave 3 up move to lift this pair into space (not much of gravity up there )

So what have we seen so far,

1) wave 1 with a high of 120.82 (perfect with 5 small waves).
2) wave 2 down with an a-b-c ( closed just above 50% retrace).
3) going in for wave 3 with a hopeful 100% at 123.35 (minimum). May extend to 161.8 % at 126.55

2 charts . first one has already done ... 2nd one is the expansion values of future possible prices if all goes well..
Again my 2 cents, so please take care in your trade with proper SL and money management.
Safe trading to all. Good luck!!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: UJ Scene 1.JPG Size: 73 KB
Click to Enlarge Name: Uj expansion price.JPG Size: 58 KB
STING
Quoting ClinicalEx
Nikkei making a floor and after shadow boxing with this pair all week it looks like the retrace is over provided that index holds. I'm looking at an intraday entry at 118.40 but let's see.
Might have to revise entry 118.85 as long as any London test holds.
so far the price stay above the 50 - the 4H trend is still up,lets see what LO brings
I Captured some pips during this consolidation, got a pending long at 118.800 s/l is at 118.600. Also pending long at 119.440 with s/l at 119.240. Bias was bearish, but not anymore. Let's see what FOMC and the NFP prelims bring.

Happy trading fellas.
It seem up
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