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USD/JPY Discussion

Quoting tallha
USDJPY has taken flight towards 104.500
Bounced right off channel resistance
lets see if 102 respects that daily rising trend line this time

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Quoting PatienceFx
{quote} sorry i had to delete that post, i felt it was a bit rude
left me hanging
i mean some simple analysis enables some good results



so on the way up, HL and HH, not the clearest and took me about 20 seconds, but they are there... then the blue circles show failed HH and new LL... even after the blue circle at the top... the next green was a LL... then all the way down to the bottom, same process.. until that 99.50 number, its matched by a failed HH needed above that 107 number... soon will become clearer when the BIGGER PICTURE unfolds
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lets see it this way

june : LL
july: HL
august: LL

so sept might be HL
Quoting PatienceFx
lets see if 102 respects that daily rising trend line this time {image}
booked for 45 pips, i was strongly divided between holding and sleeping ; sleep won
Quoting PatienceFx
{quote} booked for 45 pips, i was strongly divided between holding and sleeping ; sleep won
i am glad sleep won, enjoyed a decent mid day zzzzzzzzzz, n price bounced right near my exit
i think winters are getting closer and summers are over ; should consider wearing more pants than shorts

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103.05 is very important
Quoting mkshoaib
103.05 is very important
yes, that is why i am avoiding jeans for now, wish to give it more room to swing around

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Quoting PatienceFx
going to start my toughest challenge from Monday a 4.40 usd standard account, just 44 pips to blow-out, objective is to achieve 400 usd level in 7 weeks. this will be interesting , {image}
when i started this, what do you think was my mm ? i just trade for a goal, nothing more.
Quoting PatienceFx
{quote} yes, that is why i am avoiding jeans for now, wish to give it more room to swing around {image}
30min swing might finish somewhere here, then correct some

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okay so we did get a decision on that candle change, will wait for the next confirmation candle then bang it lol

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okay, nite folks, i am done for now

daily chart is getting ready for fomc or the big moves next week have fun

http://www.forexfactory.com/showthre...25#post9138525

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Quoting PatienceFx
okay, nite folks, i am done for now daily chart is getting ready for fomc or the big moves next week have fun http://www.forexfactory.com/showthre...25#post9138525 {image}
I must affirm that this man is a good trader. He has discovered the "true" way of locating support/resistance on the price charts.

I admonish younger traders to listen to him and endeavour to learn from him.

Keep up the good work bro.
time to get back to decent mm, so far i was taking maximum risk while trading.

daily / weekly / monthly are interested in going up, so just waiting for h4 to give me a decent entry

so far 102 has been a decent support, need to find out what changed, what is the reason for this uj shift from downtrend

my june LL july HL august LL so september HL was a joke but its turning into a reality as i see it, unless 21 sept news blows uj out

lets see
Quoting pipcenturion
{quote} I must affirm that this man is a good trader. He has discovered the "true" way of locating support/resistance on the price charts. I admonish younger traders to listen to him and endeavour to learn from him. Keep up the good work bro.
please don't put me on a tall tree , i am afraid of heights

patiencefx is my duplicate id on this forum, my real id is http://www.forexfactory.com/forexlion

with that said, from now on i will be posting as forexlion only and let forum admin decide whether my posts are good or bad.
Quoting PatienceFx
{quote} please don't put me on a tall tree , i am afraid of heights patiencefx is my duplicate id on this forum, my real id is http://www.forexfactory.com/forexlion with that said, from now on i will be posting as forexlion only and let forum admin decide whether my posts are good or bad.
continuing my discussion here http://www.forexfactory.com/showthre...97#post9140597
I assume that the price will move to the point of 102,225 and will again test support. Now I began to sell. When it comes to the support line to expect that the price does not break the support and move to a point 102,742.
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