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USD/JPY Discussion

  • #61,201
  • Aug 21, 2016 1:56pm Aug 21, 2016 1:56pm
Looks like we may see a 60 pip gap up to start
Pride always comes before destruction.... -Proverbs 16:18
  • #61,202
  • Aug 21, 2016 2:00pm Aug 21, 2016 2:00pm
Wow .. 65 Pips Gap on USDJPY
  • #61,203
  • Aug 21, 2016 2:13pm Aug 21, 2016 2:13pm
I am short USDJPY

Price : 100.635
SL : 100.736
TP : 100.286

Current : 100.643
  • #61,204
  • Aug 21, 2016 2:23pm Aug 21, 2016 2:23pm
Quoting whitescalper
I am short USDJPY Price : 100.635 SL : 100.736 TP : 100.286 Current : 100.643
Same here. I am short as well. Soon will crash 300 pips from this area. The pair don't have anymore potential to go beyond 101.50. This will touch 99.00 by Wednesday I think. Lets see Good luck with your short.
Money never sleeps I can hear the dollar calling me
  • #61,205
  • Aug 21, 2016 2:26pm Aug 21, 2016 2:26pm
Quoting whitescalper
I am short USDJPY Price : 100.635 SL : 100.736 TP : 100.286 Current : 100.643
my stop hit -10 pips
  • #61,206
  • Aug 21, 2016 2:28pm Aug 21, 2016 2:28pm
Quoting shivam332
{quote} Same here. I am short as well. Soon will crash 300 pips from this area. The pair don't have anymore potential to go beyond 101.50. This will touch 99.00 by Wednesday I think. Lets see Good luck with your short.
why ?
  • #61,207
  • Aug 21, 2016 2:29pm Aug 21, 2016 2:29pm
Huge gap, is this the end of downtrend or the start of a major drive south?
  • #61,208
  • Aug 21, 2016 2:38pm Aug 21, 2016 2:38pm
The reality is neither. Gaps usually fill the same exact session, but sometimes it can take months to fill.
@GJscalper I've turned a new leaf. No more trolling.
  • #61,209
  • Aug 21, 2016 2:39pm Aug 21, 2016 2:39pm
Quoting Don96
{quote} why ?
Because Nostradamus said so
Attached Image (click to enlarge)
Click to Enlarge Name: nost.jpg Size: 80 KB
Pride always comes before destruction.... -Proverbs 16:18
  • #61,210
  • Aug 21, 2016 2:43pm Aug 21, 2016 2:43pm
Quoting Expo33
{quote} Because Nostradamus said so {image}
good one
  • #61,211
  • Aug 21, 2016 2:46pm Aug 21, 2016 2:46pm
The markets seem frozen. What's going on? Something's cooking up?
  • #61,212
  • Aug 21, 2016 2:46pm Aug 21, 2016 2:46pm
Quoting Don96
{quote} good one
Don, what is your take on Yen pairs now? Do you think the overal bias will change for the pair?
@GJscalper I've turned a new leaf. No more trolling.
  • #61,213
  • Aug 21, 2016 2:47pm Aug 21, 2016 2:47pm
Quoting objective
The markets seem frozen. What's going on? Something's cooking up?
No global market is open at this moment....So this slowing dowm is normal.
@GJscalper I've turned a new leaf. No more trolling.
  • #61,215
  • Aug 21, 2016 3:00pm Aug 21, 2016 3:00pm
Quoting GJscalper
{quote} Don, what is your take on Yen pairs now? Do you think the overal bias will change for the pair?
Kuroda and co don't want yen at this price... unfortunately in the long term there isn't much they can do... throw more money in short term etc etc change rates blah blah... charts wise i have UJ going up at least st.. dont do much else JPY wise... i have EU going up longer term... so i guess EJ up faster...im waiting for 111/112 to get in for high high up... ill post some charts this week
  • #61,216
  • Aug 21, 2016 3:05pm Aug 21, 2016 3:05pm
Quoting Don96
{quote} Kuroda and co don't want yen at this price... unfortunately in the long term there isn't much they can do... throw more money in short term etc etc change rates blah blah... charts wise i have UJ going up at least st.. dont do much else JPY wise... i have EU going up longer term... so i guess EJ up faster...im waiting for 111/112 to get in for high high up... ill post some charts this week
Groovy. i will be looking forward to your chart. I took the gj long before close as my system should order 4 and i took it...
@GJscalper I've turned a new leaf. No more trolling.
  • #61,217
  • Aug 21, 2016 3:57pm Aug 21, 2016 3:57pm
Quoting Expo33
{quote} Because Nostradamus said so {image}
A good strategy for trading is... the opposite of having a bad strategy.
  • #61,218
  • Edited 5:26pm Aug 21, 2016 4:49pm | Edited 5:26pm
-missed the gap tonight

Anyway, Etsuro Honda is usually on the money - thinking of going long UJ
  • #61,219
  • Aug 21, 2016 4:59pm Aug 21, 2016 4:59pm
Quoting GJscalper
{quote} Groovy. i will be looking forward to your chart. I took the gj long before close as my system should order 4 and i took it...
im currently short EU at 1.136.. target is actually 1.065 but im looking towards 1.122... might bring UJ up some more, looking towards 102/103.1x

without a new low im looking at 111.7x larger number...
  • #61,220
  • Aug 21, 2016 6:02pm Aug 21, 2016 6:02pm
I am looking maybe 1-5 more days of USD/JPY going up then it will re-test 100 again I believe. All theory of course not any money on it.
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