USD/JPY Discussion | Page 2898 | 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

  • #57,941
  • Sep 17, 2015 8:46pm Sep 17, 2015 8:46pm
Was extrememly busy today with my other businesses today, but

Caught this a little late, and placed a Short order right after the Fed decision @ 120.27 (15min after the spike) for a TP of 119.40, but

Due to the Yuan strengthening just now, i'm debating on closing it early because this might take its bull course or channel again...

Will update with more analysis
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2015-09-17 at 9.46.00 PM.png Size: 149 KB
  • #57,942
  • Sep 17, 2015 10:12pm Sep 17, 2015 10:12pm
Attached Image (click to enlarge)
Click to Enlarge Name: 94-06-27USDJPYM15.png Size: 30 KB
  • #57,943
  • Sep 18, 2015 2:03am Sep 18, 2015 2:03am
Good Morning ,

Today's S/R levels on MT4 Templates

EURO
CABLE
USDJPY

http://www.forexfactory.com/showthre...72#post8495972

EURO PINK
CABLE PINK
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #57,944
  • Sep 18, 2015 3:16am Sep 18, 2015 3:16am
USDJPY reverses from a descending trend-line resistance near 121.00-121.10 area and tests the very important support, currently near 119.25-30 zone.
Would be shorting the pair aggressively once it decisively breaks below this strong support for an expected downward momentum back towards 116.20 level.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH418092015.png Size: 9 KB
  • #57,945
  • Sep 18, 2015 3:55am Sep 18, 2015 3:55am
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY_H1.gif Size: 187 KB
  • #57,946
  • Sep 18, 2015 4:41am Sep 18, 2015 4:41am
119.50
  • #57,947
  • Sep 18, 2015 7:17am Sep 18, 2015 7:17am
Looks like the FED left the rates at where they were with no rate hike which most likely means the dollar may dip a little but then continue its dollar strength into the end of this year unless we see a big rate hike next year. If they want the S&P500 to close at 2300 this year and dollar to finish strong then leaving the rate at what it was at was key yesterday. I think next week if we see a dip it may be a great buying opportunity for an end of the year Santa or Christmas rally positioning up.
  • #57,948
  • Sep 18, 2015 7:37am Sep 18, 2015 7:37am
Quoting Feela
119.50
  • #57,949
  • Sep 18, 2015 8:59am Sep 18, 2015 8:59am
I just got my 4th parking ticket this week. Are there any traffic warden traders on here because you know what you can go and do......
FREEDOM IS SECURITY.
  • #57,950
  • Sep 18, 2015 9:02am Sep 18, 2015 9:02am
http://images1.fanpop.com/images/pho...5-1260-535.jpg
FREEDOM IS SECURITY.
  • #57,951
  • Sep 18, 2015 9:09am Sep 18, 2015 9:09am
119.8 tp
FREEDOM IS SECURITY.
  • #57,952
  • Sep 18, 2015 9:26am Sep 18, 2015 9:26am
The sound of your weeks earnings in ten minutes flat traffic wardens


Inserted Video
FREEDOM IS SECURITY.
  • #57,953
  • Sep 19, 2015 6:03pm Sep 19, 2015 6:03pm
Quoting stylinex
Looks like the FED left the rates at where they were with no rate hike which most likely means the dollar may dip a little but then continue its dollar strength into the end of this year unless we see a big rate hike next year. If they want the S&P500 to close at 2300 this year and dollar to finish strong then leaving the rate at what it was at was key yesterday. I think next week if we see a dip it may be a great buying opportunity for an end of the year Santa or Christmas rally positioning up.

IF IMF announce yuan as official new reserve currency in October all major players will look to move there money to china which will be billions of dollars shifted out of the us economy so look back to how the small swiss currency reacted in January and think to how large the us is and the possible impact on the market after this possible announcement. Demand for us dollar will fall.

In 2010 the IMF were considering the yuan as a reserve but were not approved as they were not a large enough exporter but in 2013 china became the No1 exporter in the world, and in 2014 china became the largest economy in the world based on purchasing power.

There is not a good enough reason for this decision not to happen and if it is agreed billions of dollars around the world will shift in minutes.
FREEDOM IS SECURITY.
  • #57,954
  • Sep 19, 2015 7:33pm Sep 19, 2015 7:33pm
  • #57,955
  • Sep 20, 2015 4:18pm Sep 20, 2015 4:18pm
With Japan on holiday till end of week is anyone going to be trading pair?
  • #57,956
  • Sep 20, 2015 4:23pm Sep 20, 2015 4:23pm
1000 pips this week Ngp
FREEDOM IS SECURITY.
  • #57,957
  • Sep 20, 2015 5:13pm Sep 20, 2015 5:13pm
Quoting Ngp
With Japan on holiday till end of week is anyone going to be trading pair?
Mon-Weds.

So far trading appears to be the usual level.
  • #57,958
  • Sep 21, 2015 1:28am Sep 21, 2015 1:28am
Quoting hippiedog
{quote} IF IMF announce yuan as official new reserve currency in October all major players will look to move there money to china ....
There are a few things which stand in the way of this kind of movement. Firstly foreigners are not allowed to own property, i.e. houses. Secondly the whole system operates at the whim of the ruling party ... not necessarily the rule of law.

Therefore, I suggest, that the main feature of including the Yuan in the international basket of freely traded currencies is that the flow of capital out of China will rapidly accelerate.
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
  • #57,959
  • Sep 21, 2015 4:23am Sep 21, 2015 4:23am
Japan really needs that weak YEN for year end export orders.. Last quarter of the year is usually the strongest for exporters out of Asia and Europe. Christmas orders..
  • #57,960
  • Sep 21, 2015 7:37am Sep 21, 2015 7:37am
Quoting stylinex
Japan really needs that weak YEN for year end export orders.. Last quarter of the year is usually the strongest for exporters out of Asia and Europe. Christmas orders..
Could be. This is last year from this date till Dec 31st. Though nothing ever goes in a straight line:
Attached Image (click to enlarge)
Click to Enlarge Name: UJ EndYear.png Size: 46 KB
41 traders viewing now, 1 is registered:
forexer123