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USD/JPY Discussion

  • #61,421
  • Aug 31, 2016 12:03am Aug 31, 2016 12:03am
2 levels of my interest on weekly

  1. 103.5
  2. 106

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  • #61,422
  • Aug 31, 2016 12:19am Aug 31, 2016 12:19am
Quoting RiderKBP
{quote}
patience pays
  • #61,423
  • Aug 31, 2016 12:30am Aug 31, 2016 12:30am
Quoting PatienceFx
{quote} patience pays
yeah, patience and iron balls
  • #61,424
  • Aug 31, 2016 1:26am Aug 31, 2016 1:26am
Quoting PatienceFx
{quote} today's atr is 90 pips ; 102.85 held out as support so today we should see 103.75 and my tp area is 103.70 **edited to add also 102.95 is day open price so price needs to stay above for longs to be happy
today's high taken - 103.22, patiently waiting for new highs..
  • #61,425
  • Aug 31, 2016 2:03am Aug 31, 2016 2:03am
i wanted to test how small an account can get to earn a decent gain ; i think if a 5 usd account can grow like this then account size does not matter whatsoever

this is just a live test account

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  • #61,426
  • Aug 31, 2016 2:19am Aug 31, 2016 2:19am
Quoting PatienceFx
{quote}
did not grasp what is wrong and fun
  • #61,427
  • Edited 3:21am Aug 31, 2016 2:28am | Edited 3:21am
Quoting RiderKBP
{quote} did not grasp what is wrong and fun
find out [ high ]

anyways i am closing out at 103.480 ; will decide new trade later
  • #61,428
  • Aug 31, 2016 2:50am Aug 31, 2016 2:50am
Quoting PatienceFx
{quote} find out anyways i am closing out at 103.480 ; will decide new trade later
103.40 for me.. try to figure out what happen next it seem something holding further move..
the true currencies here is patience and react precisely
  • #61,429
  • Aug 31, 2016 3:31am Aug 31, 2016 3:31am
Quoting RiderKBP
{quote} did not grasp what is wrong and fun
just click on the word high

month end today, i guess the flows are drying out, plus we are getting closer to that daily/weekly TL ; not going to risk holding a trade near it
  • #61,430
  • Aug 31, 2016 3:39am Aug 31, 2016 3:39am
Quoting PatienceFx
{quote} just click on the word high month end today, i guess the flows are drying out, plus we are getting closer to that daily/weekly TL ; not going to risk holding a trade near it
alright then, closed out 103.20

will decide new trade later
  • #61,431
  • Aug 31, 2016 3:49am Aug 31, 2016 3:49am
i see another bull development.. 103.40 area still in play.. i hope it happen soon..
the true currencies here is patience and react precisely
  • #61,432
  • Aug 31, 2016 3:50am Aug 31, 2016 3:50am
Quoting PatienceFx
{quote} alright then, closed out 103.20 will decide new trade later
my logic ; it opened the week at 102.04, kept above last week high so it was a good long, but could not sustain itself above 161.8% level, so i quit

anyways i got my 100% profit in 24 hours, what more do i want

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  • #61,433
  • Aug 31, 2016 5:24am Aug 31, 2016 5:24am
Quoting PatienceFx
{quote} just click on the word high month end today, i guess the flows are drying out, plus we are getting closer to that daily/weekly TL ; not going to risk holding a trade near it
ok, i see. Thanks! closed my longs as well
  • #61,434
  • Aug 31, 2016 5:58am Aug 31, 2016 5:58am
Three reasons the US dollar could be at risk on Wednesday

source: http://news.forexlive.com/!/three-re...orrow-20160830
  • #61,435
  • Aug 31, 2016 6:07am Aug 31, 2016 6:07am
h4 leaves the motive trend channel, anyway i am on the fence now, cya tomorrow

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  • #61,436
  • Aug 31, 2016 6:11am Aug 31, 2016 6:11am
I have a long position on this pair and my target is 104.00.
  • #61,437
  • Aug 31, 2016 6:58am Aug 31, 2016 6:58am
Quoting RiderKBP
{quote} ok, i see. Thanks! closed my longs as well

I got out a bit to early, 102 80 I figured there would be some pullback to 102 50/60/80 to reload. has not happaned
  • #61,438
  • Aug 31, 2016 7:02am Aug 31, 2016 7:02am
Trading sucks when you close to early or late was holding value to and let it go...next trade yip yip
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Click to Enlarge Name: live yen 103 Chart_USD_JPY_Hourly_snapshot.png Size: 31 KB
  • #61,439
  • Aug 31, 2016 7:04am Aug 31, 2016 7:04am
Quoting Dennis1468
{quote} I got out a bit to early, 102 80 I figured there would be some pullback to 102 50/60/80 to reload. has not happaned
lets see what coming data bring
  • #61,440
  • Aug 31, 2016 7:24am Aug 31, 2016 7:24am
Quoting desmondho
{quote} Totally agree with you! I am looking to buy on dips too. In fact, yesterday I have spotted a low risk and high probability swing trade setup on the USDJPY currency pair. I entered long with a profit target of 2:1 risk to reward on the H1 time frame. This morning, my position took profits at the profit limit order. Currently, I am expecting some downside retracement on this currency pair before I look to buy long again. The trade entry order and the profit target statements are as shown. Are you also trading long on the USDJPY? Are you positioning...
still looking to buy dips
short term target is 105
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