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USD/JPY Discussion

  • #60,381
  • Jun 7, 2016 6:34pm Jun 7, 2016 6:34pm
Quoting inRoozaan
Just a trend view update based on supply demand analysis, under evaluation: Not sure on scale of current correction and UJ does not like big corrections at 4-5, but the ultimate move is down IMO. Good luck to us {image}
down it is going
There is only one way to learn. It’s through action.
  • #60,382
  • Jun 7, 2016 6:46pm Jun 7, 2016 6:46pm
Quoting mahfoozah
{quote} down it is going
if it breaks 106.50~ and stays around 106.00 for next day, we are off to 102.XX. yes ! Im expecting 400+ pips on H4 and Daily.
  • #60,383
  • Jun 7, 2016 7:00pm Jun 7, 2016 7:00pm
Quoting mahfoozah
{quote} down it is going
you see. like i said
There is only one way to learn. It’s through action.
  • #60,384
  • Jun 7, 2016 8:09pm Jun 7, 2016 8:09pm
good luck to everyone shorting the usd/jpy, 90% of the news say short it, cause im rebel ill long it.
  • #60,385
  • Jun 7, 2016 8:24pm Jun 7, 2016 8:24pm
Quoting acidguy
good luck to everyone shorting the usd/jpy, 90% of the news say short it, cause im rebel ill long it.
So it was you , !!! Pushing it up eh! Cheers.
  • #60,386
  • Jun 8, 2016 5:44am Jun 8, 2016 5:44am
Betting against the trend is not betting against the retail crowd. It is betting with them.

Same as - it is going down ... see see.
  • #60,387
  • Jun 8, 2016 9:15am Jun 8, 2016 9:15am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 824 KB

USDJPY looks nice so far and if it makes waves like the ( M ), then it is good for sell I guess.

Attachment
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 151 KB
  • #60,388
  • Jun 8, 2016 9:25am Jun 8, 2016 9:25am
watching 106.51 and 106.43 on UJ short term...

106.18 and 105.88 slightly longer terms, might try small buys there
  • #60,389
  • Edited 12:57pm Jun 8, 2016 12:45pm | Edited 12:57pm
Quoting SunTrader
Betting against the trend is not betting against the retail crowd. It is betting with them. Same as - it is going down ... see see.
this is not the end of the world, yen gains are impressive its due for a correction, the Yellen Comments were already priced, we just saw a little drop, UJ will go back to 112 as stocks rise.
  • #60,390
  • Jun 8, 2016 1:00pm Jun 8, 2016 1:00pm
Quoting acidguy
{quote} this is not the end of the world, yen gains are impressive its due for a correction, the Yellen Comments were already priced, we just saw a little drop, UJ will go back to 112 as stocks rise.
will it?
  • #60,391
  • Jun 8, 2016 1:09pm Jun 8, 2016 1:09pm
Quoting Don96
{quote} will it?
im not god, im the devil.
  • #60,392
  • Jun 8, 2016 1:13pm Jun 8, 2016 1:13pm
Quoting acidguy
{quote} im not god, im the devil.
okay :s what's your reason for UJ going to 112 is my question
  • #60,393
  • Jun 8, 2016 1:53pm Jun 8, 2016 1:53pm
Quoting acidguy
{quote} this is not the end of the world, yen gains are impressive its due for a correction, the Yellen Comments were already priced, we just saw a little drop, UJ will go back to 112 as stocks rise.
Attached Image (click to enlarge)
Click to Enlarge Name: Little drop.png Size: 51 KB
  • #60,394
  • Jun 8, 2016 1:54pm Jun 8, 2016 1:54pm
Quoting SunTrader
{quote} {image}
we will see a new low first
  • #60,395
  • Jun 8, 2016 2:32pm Jun 8, 2016 2:32pm
Quoting Don96
{quote} we will see a new low first
Yes, and i have already closed my short trade in some profits .. i am waiting for fresh trading opportunities now.
FXOpen - International True ECN Broker
  • #60,396
  • Jun 8, 2016 2:36pm Jun 8, 2016 2:36pm
Quoting EuroScalper
{quote} Yes, and i have already closed my short trade in some profits .. i am waiting for fresh trading opportunities now.
I'm still holding 4 shorts - sceptical about 1 - at 107.56, probs stop out b.e
  • #60,397
  • Jun 8, 2016 5:58pm Jun 8, 2016 5:58pm
hard to break 106.4, might be a problem shorting from this level
it rubs the lotion on its skin
  • #60,398
  • Edited 6:44pm Jun 8, 2016 6:12pm | Edited 6:44pm
I actually think it will go back to 125 ina YEAR ! but we gotta touch 100.XX first...
  • #60,399
  • Jun 8, 2016 9:13pm Jun 8, 2016 9:13pm
U/J is forming nice base near 106.50-60 support level
IMO, good oppurtunity to build longs here
  • #60,400
  • Jun 8, 2016 11:44pm Jun 8, 2016 11:44pm
Quoting Don96
watching 106.51 and 106.43 on UJ short term... 106.18 and 105.88 slightly longer terms, might try small buys there
nail on the head
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