USD/JPY Discussion | Page 2873 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

USD/JPY

Similar Threads

USD/JPY Discussion 12 replies

NZD/JPY Discussion 12 replies

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

EUR/USD Bollinger Band Discussion 3 replies

Suidster's GBP/JPY Discussion 19 replies

Attachments: USD/JPY Discussion
Exit Attachments

USD/JPY Discussion

  • #57,441
  • Jun 23, 2015 5:58pm Jun 23, 2015 5:58pm
OK, we are on a limit again.
Short can start from here, the setup is good.

Breaking 124.00 it can reverse in long.

Confirmation for the short 123,70, possible target under 122.40.

We know this pair is very slow, so if we don't have some crazy news, it will take long time to do it.
  • #57,442
  • Jun 23, 2015 6:07pm Jun 23, 2015 6:07pm
Quoting SunTrader
{quote} Don't understand?
options auto-swing on DT Primary and Reference Swings
  • #57,443
  • Jun 24, 2015 1:09am Jun 24, 2015 1:09am
NIKKEI
Attached Image (click to enlarge)
Click to Enlarge Name: #JPN225_U5M15.png Size: 32 KB
Attached Image
  • #57,444
  • Jun 24, 2015 5:43am Jun 24, 2015 5:43am
Quoting Dano12
{quote} options auto-swing on DT Primary and Reference Swings
Still not sure. Are you asking me why I don't show them in my chart pics?
  • #57,445
  • Jun 24, 2015 5:54am Jun 24, 2015 5:54am
Quoting SunTrader
{quote} Still not sure. Are you asking me why I don't show them in my chart pics?
DT Primary and Reference Swings
Attached Image
  • #57,446
  • Jun 24, 2015 5:58am Jun 24, 2015 5:58am
Quoting SuperMario21
NIKKEI {image} {image}
Only a matter of time. Central bankers are in for a real treat.
When the facts change I change my mind, what do you do sir
  • #57,447
  • Jun 24, 2015 5:59am Jun 24, 2015 5:59am
Quoting ash1485
will short this safe haven only at 125
USDJPY is not a safe haven, it's brothel of risk. Traders pile into yen when they avoid risk (which seems counter-intuitive sometimes)
When the facts change I change my mind, what do you do sir
  • #57,448
  • Jun 24, 2015 6:24am Jun 24, 2015 6:24am
Quoting Dano12
{quote} DT Primary and Reference Swings {image}
I know what they are. You still haven't asked an actual question?
  • #57,449
  • Jun 24, 2015 6:25am Jun 24, 2015 6:25am
Quoting Pip Anon
{quote} USDJPY is not a safe haven, it's brothel of risk. Traders pile into yen when they avoid risk (which seems counter-intuitive sometimes)
+ 1
  • #57,450
  • Jun 24, 2015 7:49am Jun 24, 2015 7:49am
Quoting SunTrader
{quote} I know what they are. You still haven't asked an actual question?
?????
  • #57,451
  • Jun 24, 2015 7:56am Jun 24, 2015 7:56am
USDJPY seems to prepare for a break-out. Need to wait for a sustained strength above 124.00-124.20 resistance to confirm an up-move, possibly towards 125.00 mark immediately.
  • #57,452
  • Jun 24, 2015 8:20am Jun 24, 2015 8:20am
Quoting HareshBM
USDJPY seems to prepare for a break-out. Need to wait for a sustained strength above 124.00-124.20 resistance to confirm an up-move, possibly towards 125.00 mark immediately.
15min, 30 min and 1 hr chart shows bearish divergence. i think it make sense as BOJ have been commenting to tighten their fiscal policies. besides, US's GDP of -0.2 just made the mark.

overall, i expect yen to strengthen.
  • #57,453
  • Jun 24, 2015 8:25am Jun 24, 2015 8:25am
Quoting bluetoss
{quote} 15min, 30 min and 1 hr chart shows bearish divergence. i think it make sense as BOJ have been commenting to tighten their fiscal policies. besides, US's GDP of -0.2 just made the mark. overall, i expect yen to strengthen.
Which indicators?

On H1 chart price is bullish, RSI also.
  • #57,454
  • Jun 24, 2015 9:07am Jun 24, 2015 9:07am
Quoting SunTrader
{quote} Which indicators? On H1 chart price is bullish, RSI also.
on the 1hr chart, RSI is showing buying strength of 60+ but dun forget the banks are controlling 95% where retail traders only 5% of a trade. EMA is slightly declining.
  • #57,455
  • Jun 24, 2015 9:20am Jun 24, 2015 9:20am
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY_H1.gif Size: 200 KB
  • #57,456
  • Jun 24, 2015 11:07am Jun 24, 2015 11:07am
Quoting bluetoss
{quote} on the 1hr chart, RSI is showing buying strength of 60+ but dun forget the banks are controlling 95% where retail traders only 5% of a trade. EMA is slightly declining.
Yea, so?

Also don't forget what you are looking at is bid change, not trades. As are almost all retail traders.

That still doesn't show divergence, as far as what I am looking at.

EMA for the most part are meaningless to me.

Although there is resistance above, naturally, there is also support below so until there is more than a typical correction I see the trend continuing to move higher:
Attached Image (click to enlarge)
Click to Enlarge Name: UJ SR.png Size: 51 KB
  • #57,457
  • Jun 24, 2015 11:15am Jun 24, 2015 11:15am
you will know what i mean tmr, i always keep a bit and never tell the full picture. and oh...good luck!

Quoting SunTrader
{quote} Yea, so? Also don't forget what you are looking at is bid change, not trades. As are almost all retail traders. That still doesn't show divergence, as far as what I am looking at. EMA for the most part are meaningless to me. Although there is resistance above, naturally, there is also support below so until there is more than a typical correction I see the trend continuing to move higher: {image}
  • #57,458
  • Jun 24, 2015 11:36am Jun 24, 2015 11:36am
Quoting bluetoss
you will know what i mean tmr, i always keep a bit and never tell the full picture. and oh...good luck! {quote}
?
  • #57,459
  • Jun 25, 2015 4:22am Jun 25, 2015 4:22am
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY_H1.gif Size: 173 KB
  • #57,460
  • Jun 25, 2015 7:36am Jun 25, 2015 7:36am
The one hour chart shows a down trend with minor support @ 123.40 if that support gets broken, there is strong support @ 122.70 one Day chart show same supports
On the big picture there is more support @ 121.50 and massive support @ 119.70

Unless there is a big change on plans for BOJ it looks like it should not go below 117.55

This is a consolidation moment that might take us higher but it looks like will test some support before, one strategy could be to buy long on the deeps, just a little above the support pivots.
132 traders viewing now