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USD/JPY Discussion

UJ now at confluence zone 124.5sh...
I think it will re-test 124.8 - 125sh
Will see.
I am not taking any position on UJ right now.
Quoting MarkChew
So who's in for shorts ???
I'm looking to short at 4.35 with stops at 4.75
Quoting big_pipin
{quote} I'm looking to short at 4.35 with stops at 4.75

Cool I am going in too , around the same area , subject to indicator confirmation
I think that the Trent still up, for that reason I will go Long, with the proper stop L.

I see strong support on 124, & 123.
Short-term ascending trend-channel could continue restricting USDJPY declines, near 123.80-70 region; However, up-moves are limited near 125.50.
Attached Image (click to enlarge)
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Quoting MarkChew
{quote} Cool I am going in too , around the same area , subject to indicator confirmation
got stopped at b/e at 4.30. you still short?
Quoting big_pipin
{quote} got stopped at b/e at 4.30. you still short?

Got out early , didnt' like the way how it ranged........
Quoting Fx_Anil
Short-term ascending trend-channel could continue restricting USDJPY declines, near 123.80-70 region; However, up-moves are limited near 125.50. {image}
Hey mate, contrary to your view I am short U/J with sl 124.50
Attached Image (click to enlarge)
Click to Enlarge Name: uj.png Size: 21 KB
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Quoting YellowFellow
{quote} Hey mate, contrary to your view I am short U/J with sl 124.50 {image}
I just closed my U/J, took a small loss.
Good Food + Exercise + Meditation = Good Life!
Slow n Steady Wins the Race! All Time Return: 163.9%
long
Attached Image (click to enlarge)
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I'm waiting for the price to break either the pink trend line on the photo or the 124.600 area. Though it'll be more profitable if the price breaks the 124.600 area and keeps going up than if it breaks the trend line.

Attached Image (click to enlarge)
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It's falling down down down more!!
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Interesting move indeed.
Not down. Not up. It's called range bound - for the 4th day in a row. Hadn't ya noticed?
Im slightly biased to the downside. Just hard to see where to get in on all this chop.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY 1h 8.18.15.png Size: 95 KB
Maybe a Short at 124.50 could make sense.
SL 125.25
TP 123.25
Quoting SteeP7
Im slightly biased to the downside. Just hard to see where to get in on all this chop. {image}
I'm feeling pretty down too
Carbon-Dioxide: the gas of life!
Usd/Jpy the prices are hovering around its 20SMA in the 4 hour chart, it's hard to see a clear direction currently.
GS sees UJ at 130 http://www.efxnews.com/story/30091/e...-goldman-sachs
Carbon-Dioxide: the gas of life!
Back at three week lows, I'm at a loss still bullish but almost see pullback going down to 123.00 or lower before touching 125 again. News has had very little impact on this pair lately...
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