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USD/JPY Discussion

  • #56,221
  • Mar 2, 2015 5:17am Mar 2, 2015 5:17am
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  • #56,222
  • Mar 2, 2015 8:36am Mar 2, 2015 8:36am
We've come this far might as well see what kind of stops there are at 120.
Soar on my wings, you'll touch the hand of God, he'll make you King.
  • #56,223
  • Edited 9:21am Mar 2, 2015 8:54am | Edited 9:21am
It would be nice to see a retracement in this area
In 12 hours or less.

In light of the news the dollar gain progress against yen, but the momentum will carry on down hill.The excitement is short lived
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  • #56,224
  • Mar 2, 2015 9:31am Mar 2, 2015 9:31am
Quoting whatever007
We've come this far might as well see what kind of stops there are at 120.
Alright we've got that taken care of, now what?
Soar on my wings, you'll touch the hand of God, he'll make you King.
  • #56,225
  • Mar 2, 2015 9:35am Mar 2, 2015 9:35am
bull back from 120 10 - 20
  • #56,226
  • Mar 2, 2015 9:44am Mar 2, 2015 9:44am
That's crazy.... We are moving
  • #56,227
  • Mar 2, 2015 10:24am Mar 2, 2015 10:24am
The price at the USD/JPY pair has broken the resistant level of 120.00. And if it settles at this level, that'll be a signal for buying.
(to tell the truth, I thought about selling at this level, cause the resistance level was strong enough)

https://charts.mql5.com/7/148/usdjpy...apital-ltd.png
  • #56,228
  • Mar 2, 2015 11:58am Mar 2, 2015 11:58am
Holding longs.
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  • #56,229
  • Mar 2, 2015 12:27pm Mar 2, 2015 12:27pm
I am waiting for my signal to go long USD/JPY at 119.95 for maybe a 20 pip target. Hoping it pulls back a bit before the New York close. Anyone else waiting to trade this pair?
  • #56,230
  • Mar 2, 2015 12:42pm Mar 2, 2015 12:42pm
Quoting Forexpcb
I am waiting for my signal to go long USD/JPY at 119.95 for maybe a 20 pip target. Hoping it pulls back a bit before the New York close. Anyone else waiting to trade this pair?
yeah im waiting to trade... was gonna open a trade yesterday when market opened but a bit skeptical, im gonna wait for a nice retrace before i reload... anyone wanna comment or speculate on this?
  • #56,231
  • Mar 2, 2015 12:42pm Mar 2, 2015 12:42pm
Gidday Yen

Been caught out closing shorts,an it retraces back to 118 area

Had longs in any way

so thinking smarty pants will be able to catch some

moves in both directions

EUR bounce over due,which possible retrace in this pair

to reload longs.
  • #56,232
  • Mar 2, 2015 9:05pm Mar 2, 2015 9:05pm
Time for a little bounce 119.65 now support.
Soar on my wings, you'll touch the hand of God, he'll make you King.
  • #56,233
  • Mar 2, 2015 10:16pm Mar 2, 2015 10:16pm
Short got triggered earlier,
taken some 75% off at +57pips
will let the run to hit the TP
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  • #56,234
  • Mar 2, 2015 11:56pm Mar 2, 2015 11:56pm
UJ bearish trend is beginning?
Seek to short at retracement.

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  • #56,235
  • Mar 3, 2015 12:00am Mar 3, 2015 12:00am
watch out that tweezer at 119.58sh
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  • #56,236
  • Mar 3, 2015 12:04am Mar 3, 2015 12:04am
long uj, sl 119.485, tp 119.9
will see.
  • #56,237
  • Mar 3, 2015 12:07am Mar 3, 2015 12:07am
or seek to short at 120sh..
depend on your appetite
will see.
  • #56,238
  • Mar 3, 2015 12:13am Mar 3, 2015 12:13am
Quoting Ceo2011
It would be nice to see a retracement in this area In 12 hours or less. In light of the news the dollar gain progress against yen, but the momentum will carry on down hill.The excitement is short lived {image}
It might reach 118.5 but it has been 15 hours now and just touched 119.6sh.UJ will re-test 120sh first before going further down imo.my 2 cents.
  • #56,239
  • Mar 3, 2015 2:28am Mar 3, 2015 2:28am
Quoting Idkurv
long uj, sl 119.485, tp 119.9 will see.
I closed my long early.
Prefer to seek short from higher level (if it goes up), if it keeps going down then I will miss it.
  • #56,240
  • Mar 3, 2015 4:04am Mar 3, 2015 4:04am
I am bearish bias on UJ, USGD, XPDUSD.
and I have short open position on those 3-pair right now.
If I am wrong will be a mess, ensure tight proper sl in place and risk 1-3% only.
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