Short at 120.20, couldn't close above 120.30 which is previous resistance and what we get is shadow only. SL 120.40 with 20 pips SL, If my SL hasn't trigger ,i'm gonna hold this short until TMR NFP as I have a sixth sense tmr NFP will be negative for US. Green pips to everyone
Short at 120.20, couldn't close above 120.30 which is previous resistance and what we get is shadow only. SL 120.40 with 20 pips SL, If my SL hasn't trigger ,i'm gonna hold this short until TMR NFP as I have a sixth sense tmr NFP will be negative for US. Green pips to everyone
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For NFP, you see greater volatility with usdjpy than eurusd?
{quote} For NFP, you see greater volatility with usdjpy than eurusd?
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Not really. But from what I see, I don't think EU buy with tight SL is gonna work atm. With all the selling power of EUR showing, I'm not willing to take the risk. So, UJ is a better option for me with a double top formation and we can't break out the top.
We have 4 Daily candle close above weekly close - PA suggest breaking up,based on the LO open PA we might see entire upside moves for today if we manage breaking up 120.20 level for confirmation
Short at 120.20, couldn't close above 120.30 which is previous resistance and what we get is shadow only. SL 120.40 with 20 pips SL, If my SL hasn't trigger ,i'm gonna hold this short until TMR NFP as I have a sixth sense tmr NFP will be negative for US. Green pips to everyone
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Mr Wong
at Trading you cant use feel or sense,or even you are right for today but it will destroy you on another day - Just stick to the logic of technical
When you think Impossible then The Market will always give you Possible
When you think Possible then The Market will always give you Impossible
USDJPY We have 4 Daily candle close above weekly close - PA suggest breaking up,based on the LO open PA we might see entire upside moves for today if we manage breaking up 120.20 level for confirmation {image}
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for Intraday Breaking down moves number to watch is 119.92
USDJPY has very low volatility and whenever it tends to go nowhere it will explode suddenly. It just needs a trigger like today's news. Personally I'm bullish long term and I'm waiting patiently to see 124 in the coming weeks/months. I'll treat any dip as new buying opportunity. I wouldn't scalp it during Friday, though.
USDJPY We have 4 Daily candle close above weekly close - PA suggest breaking up,based on the LO open PA we might see entire upside moves for today if we manage breaking up 120.20 level for confirmation {quote} Mr Wong at Trading you cant use feel or sense,or even you are right for today but it will destroy you on another day - Just stick to the logic of technical When you think Impossible then The Market will always give you Possible When you think Possible then The Market will always give you Impossible {quote} for Intraday Breaking down moves...
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Hi. I'm sorry if my comments cause any misunderstanding. I don't take any trade based on my sense as to me it's just like flipping a coin with 50/50. The reason why I sell UJ is because I see a double top on my TF and it hit my resistance level and with other support of my indicators. BTW, I don't trade NFP as it's way too risky for me. Today is BE for me. Well done for those who buy UJ
seems not many trading this pair before NFP, this thread gone quite
