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USD/JPY Discussion

  • #61,321
  • Aug 24, 2016 7:41am Aug 24, 2016 7:41am
Quoting whitescalper
{quote} All i can say is Tough Resistance at My SL area {image}
Okie SL hit -10
  • #61,322
  • Aug 24, 2016 7:42am Aug 24, 2016 7:42am
Quoting PatienceFx
saw something today and it said if fed raises rates equities will go bust in a big way so fed does not have room to raise rates this does mean usd will keep dropping guys please do some research and post your views on this topic waiting for your inputs
All articles look like they are saying the same thing no rate raise until December if at all this year.
  • #61,323
  • Aug 24, 2016 8:25am Aug 24, 2016 8:25am
sell limit placed 100.377
  • #61,324
  • Aug 24, 2016 8:37am Aug 24, 2016 8:37am
Quoting PatienceFx
sell limit placed 100.377
gotcha, time to collect pips

Inserted Video
  • #61,325
  • Edited 11:10am Aug 24, 2016 9:59am | Edited 11:10am
Quoting Squiggles
{quote} 9day 50% level{image}
Attached Image (click to enlarge)
Click to Enlarge Name: did.png Size: 54 KB
  • #61,326
  • Aug 24, 2016 9:59am Aug 24, 2016 9:59am
Seem like uj has found some lifting up..
  • #61,327
  • Aug 24, 2016 8:09pm Aug 24, 2016 8:09pm
Quoting PatienceFx
saw something today and it said if fed raises rates equities will go bust in a big way so fed does not have room to raise rates this does mean usd will keep dropping guys please do some research and post your views on this topic waiting for your inputs
equities are going to bust irregardless of what the fed is going to do.. might as well raise em lol
  • #61,328
  • Aug 25, 2016 12:24am Aug 25, 2016 12:24am
Quoting Ceo2011
Pivotal move to the upside very soon. 105.885 {image}
You still betting on 105.85??
  • #61,329
  • Aug 25, 2016 12:33am Aug 25, 2016 12:33am
Quoting rocket00
Finally today USD/JPY going to react what I can see right now on my chart. Good Luck!
That YEN is still sitting there like a duck waiting for a bullet. Either the duck gets shot or it flies off.
  • #61,330
  • Edited 7:32am Aug 25, 2016 2:56am | Edited 7:32am
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled 4.jpg Size: 598 KB
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled 5.jpg Size: 585 KB


EDIT: TP is taken 2.31 pm (UTC +2)
  • #61,331
  • Aug 25, 2016 5:07am Aug 25, 2016 5:07am
going short uj at 100.40 , though it is in a very tight range currently but if jackson is able to open a hole when yellen speaks tonight then uj has a potential to drop hard
  • #61,332
  • Aug 25, 2016 7:44am Aug 25, 2016 7:44am
Gold is droping. Signal for me to go long
  • #61,333
  • Aug 25, 2016 7:44am Aug 25, 2016 7:44am
100.6 better level to go short just now, it's at the top of today's band. However US data could trigger a breakout, watching closely.
  • #61,334
  • Aug 25, 2016 7:47am Aug 25, 2016 7:47am
Im short from 100.40 with sl 100.8 and tp 99.6 so i hope bears will wake up
  • #61,335
  • Aug 25, 2016 12:57pm Aug 25, 2016 12:57pm
I'm leaning towards a belief that this pair is heading higher simply because this pair has tried to break 100 four times over the past two weeks and keeps failing with each attempt putting in higher lows. And this week's attempt failed to get a close below 100 on an hourly or above time frame.

Ultimately though, it is a coin flip where this pair will head next. No one knows for certain and opening a position now is gambling plain and simple.

I've been holding a long right at 100 from the 16th of August. I'll probably be moving my stop closer to my entry as Jackson Hole gets nearer.
  • #61,336
  • Aug 25, 2016 6:22pm Aug 25, 2016 6:22pm
Might want to reread your post.
  • #61,337
  • Aug 26, 2016 7:47am Aug 26, 2016 7:47am
Temporary drop before yellen speech 🙌🤔
  • #61,338
  • Aug 26, 2016 7:49am Aug 26, 2016 7:49am
Quoting pohchuan
Temporary drop before yellen speech 🙌🤔
Nice surprise, I definitely plan to close before yellen - not taking any chances
  • #61,339
  • Aug 26, 2016 8:15am Aug 26, 2016 8:15am
Actually im out too. I will set sell orders on 100.60 or something like that and wait till volatility comes
  • #61,340
  • Aug 26, 2016 8:57am Aug 26, 2016 8:57am
Looks like calm before a storm...🤔🤔
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