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USD/JPY Discussion

  • #54,401
  • Jan 8, 2015 8:50am Jan 8, 2015 8:50am
Quoting Ken A
{quote} http://www.forexfactory.com/showthread.php?t=451998
lol, there is an error in the first line of that thread
10:00 NY time = 15:00 GMT :nerd:
used to be undecided but nowadays can't make my mind up
  • #54,402
  • Jan 8, 2015 8:54am Jan 8, 2015 8:54am
Quoting mrcreosote
{quote} lol, there is an error in the first line of that thread 10:00 NY time = 15:00 GMT :nerd:
Consider summer/winter DST +/- 1

Attached Image
  • #54,403
  • Jan 8, 2015 8:56am Jan 8, 2015 8:56am
Quoting Ken A
{quote} Consider summer/winter DST +/- 1 {image}
Yes that's what I said
Look at the thread, that 'lizardman' reckons 10:00 NY = 14:00 GMT
used to be undecided but nowadays can't make my mind up
  • #54,404
  • Jan 8, 2015 9:03am Jan 8, 2015 9:03am
Quoting ricmaj
Upward Moves maybe slowed here for a while. Another 100pips run to the downside. Meet me at 118.94. Just trade safely though {image}
The specific pair is currently in an uptrend, supported by the uptrend line. At the 119.50 price level there is a support level. In combination with the 23.6% retracement level of the latest upward movement reinforce the fact that the price will move higher. I set an order buy limit at 119.50. Take profit set 15 pips above 119.65 and stop loss 10 pips below at 119.40 price level. Any suggestions please?
Attached File(s)
File Type: docx usdjpy.docx   249 KB | 302 downloads
  • #54,405
  • Jan 8, 2015 9:32am Jan 8, 2015 9:32am
Quoting mrcreosote
{quote} Yes that's what I said Look at the thread, that 'lizardman' reckons 10:00 NY = 14:00 GMT
:nerd: Near the end of March the US puts its clocks forward, and the UK and Europe do not. So at that instance 10am ET == 14:00 GMT :nerd:

In fact that situation persists all the way through the summer, however from April through October the UK is running GMT +1, aka BST.
So then we are back to the situation where 10am ET == 3pm UK time.
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
  • #54,406
  • Jan 8, 2015 9:52am Jan 8, 2015 9:52am
I am not a fan of technical analysis but it seems that USDJPY will be moving up
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  • #54,407
  • Jan 8, 2015 10:28am Jan 8, 2015 10:28am
Quoting Exodus
{quote} :nerd: Near the end of March the US puts its clocks forward, and the UK and Europe do not. So at that instance 10am ET == 14:00 GMT :nerd: In fact that situation persists all the way through the summer, however from April through October the UK is running GMT +1, aka BST. So then we are back to the situation where 10am ET == 3pm UK time.
The UK certainly does put the clock forward at the end of March! There is a period of 2-3 weeks at most where the difference between London and New York is only 4 hours and not 5
I suggest you stop trying to be a smart arse, as it doesn't appear to suit you
used to be undecided but nowadays can't make my mind up
  • #54,408
  • Jan 8, 2015 10:34am Jan 8, 2015 10:34am
Quoting stringfx
{quote} Agreed . You are right ... it's a possibility . So according to your count ... there is a long way still to go in the bullish cycle.. Can you post a chart with your daily/weekly count ? fibs on chart will help greatly. thanks
OK, every time I post a long term chart like this, there's plenty of reactions, but any alternate counts or views are welcome.
Present wave (c) from Feb 2012 low could reach as high as 150.00 area in completing an irregular flat correction [4].
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While the daily chart below tells the story.................
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Elliott Wave for optimum entry, exit and risk management of trades
  • #54,409
  • Jan 8, 2015 10:44am Jan 8, 2015 10:44am
Quoting mrcreosote
{quote} The UK certainly does put the clock forward at the end of March! There is a period of 2-3 weeks at most where the difference between London and New York is only 4 hours and not 5 I suggest you stop trying to be a smart arse, as it doesn't appear to suit you
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
  • #54,410
  • Edited 11:16am Jan 8, 2015 11:06am | Edited 11:16am
Lets see if i get filled... 119.5 SL 119.35 missed my fill by inches b4 lets hope we come back down and fill me before shoots up.

edit: Triggered
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  • #54,411
  • Jan 8, 2015 11:49am Jan 8, 2015 11:49am
will it reach 118.855?
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  • #54,412
  • Edited 3:24pm Jan 8, 2015 3:02pm | Edited 3:24pm
Waiting for a break in the M15 trend line. Just kept buying when the price hit the red line but didn't close below it.

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forex forex forex
  • #54,413
  • Jan 8, 2015 3:17pm Jan 8, 2015 3:17pm
both 15m and 1hr is showing a downtrend, but 1 day and 1 week chart is bullish.
use leverage with caution...
  • #54,414
  • Jan 8, 2015 3:33pm Jan 8, 2015 3:33pm
Everything showing Bullish as long price +119.35
  • #54,415
  • Jan 8, 2015 9:28pm Jan 8, 2015 9:28pm
Looks like he was here 4+ years and really just trying to help us find some info, but darn, he posted it everywhere!

It takes a lot for me to IGNORE you, but you can try.
  • #54,416
  • Jan 8, 2015 9:48pm Jan 8, 2015 9:48pm
hahaha.. sounds drunk
use leverage with caution...
  • #54,417
  • Jan 9, 2015 12:31am Jan 9, 2015 12:31am
I am rarely trade using chart pattern strategy but sometimes I draw for fun and found this formation and I think its quite valid so far - for some of you that looking for some bucks with dollar against yen pair might try my chart here for your guide

Regards
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  • #54,418
  • Jan 9, 2015 2:26am Jan 9, 2015 2:26am
Quoting Mr.E
{quote} The specific pair is currently in an uptrend, supported by the uptrend line. At the 119.50 price level there is a support level. In combination with the 23.6% retracement level of the latest upward movement reinforce the fact that the price will move higher. I set an order buy limit at 119.50. Take profit set 15 pips above 119.65 and stop loss 10 pips below at 119.40 price level. Any suggestions please? {file}

in the world of forex some levels you are looking at dont last too long. Anyways like i said trade safely almost at my target 118.94 with nice profits locked down. Lets see what NFP may offer us.
Keep the Lights on then you can catch the rise from the dark.
  • #54,419
  • Jan 9, 2015 2:42am Jan 9, 2015 2:42am
Quoting ricmaj
{quote} in the world of forex some levels you are looking at dont last too long. Anyways like i said trade safely almost at my target 118.94 with nice profits locked down. Lets see what NFP may offer us.

I agree totally with you, thats why i am looking only for 10-15 pips take profit.
  • #54,420
  • Jan 9, 2015 3:02am Jan 9, 2015 3:02am
I saw long setup at LO
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