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USD/JPY Discussion

  • #61,801
  • Sep 14, 2016 4:27am Sep 14, 2016 4:27am
Quoting tallha
USDJPY has taken flight towards 104.500
Bounced right off channel resistance
  • #61,802
  • Sep 14, 2016 4:32am Sep 14, 2016 4:32am
lets see if 102 respects that daily rising trend line this time

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  • #61,803
  • Sep 14, 2016 4:34am Sep 14, 2016 4:34am
Quoting PatienceFx
{quote} sorry i had to delete that post, i felt it was a bit rude
left me hanging
  • #61,804
  • Sep 14, 2016 4:39am Sep 14, 2016 4:39am
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  • #61,805
  • Sep 14, 2016 4:42am Sep 14, 2016 4:42am
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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  • #61,806
  • Sep 14, 2016 4:53am Sep 14, 2016 4:53am
lets see it this way

june : LL
july: HL
august: LL

so sept might be HL
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  • #61,807
  • Sep 14, 2016 6:06am Sep 14, 2016 6:06am
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
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  • #61,808
  • Sep 14, 2016 8:17am Sep 14, 2016 8:17am
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
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  • #61,809
  • Sep 14, 2016 8:23am Sep 14, 2016 8:23am
i think winters are getting closer and summers are over ; should consider wearing more pants than shorts

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  • #61,810
  • Sep 14, 2016 8:28am Sep 14, 2016 8:28am
103.05 is very important
  • #61,811
  • Sep 14, 2016 8:35am Sep 14, 2016 8:35am
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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  • #61,812
  • Sep 14, 2016 11:00am Sep 14, 2016 11:00am
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.
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  • #61,813
  • Sep 14, 2016 11:16am Sep 14, 2016 11:16am
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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  • #61,814
  • Sep 14, 2016 11:33am Sep 14, 2016 11:33am
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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  • #61,815
  • Sep 14, 2016 12:00pm Sep 14, 2016 12:00pm
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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  • #61,816
  • Sep 14, 2016 8:01pm Sep 14, 2016 8:01pm
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.
  • #61,817
  • Sep 14, 2016 10:57pm Sep 14, 2016 10:57pm
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
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  • #61,818
  • Sep 15, 2016 2:11am Sep 15, 2016 2:11am
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.
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  • #61,819
  • Sep 15, 2016 2:53am Sep 15, 2016 2:53am
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
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  • #61,820
  • Sep 15, 2016 3:32am Sep 15, 2016 3:32am
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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