USD/JPY Discussion

hope so been holding 100 30 for over a week...break out needed 102 80 is sticky also, duno if will push though next week

I will be happy with 102.40. Agree, 102.80 is a strong resistant.

Yen already gained 20% over a year. Bank of Japan pushing the bond market to keep yields at zero so yen is cheap. Given the info this will go on and on the sell-off on the WEEKLY chart has now come to an end. Time to revert to closer to the mean or middle. 104 then 105 and 108 max USD/JPY

Neutral. UJ 8 hrs chart. 3 hrs to the next candle. 5 bullish candle + 1 bearish candle in the last 48 hrs of trading time.

too many consumed, engulf expected

UJ starting climb

Patience Pay, for all Traders been holding long even when its dropped to 100.20 technichaly we where right that it will hit 102 while some been targeting 99.6 and below
congrats pro traders harvest time

Why UJ go up to 102.33 @@ It seems to be UJ increase 80pip from last night??

there was a signal to go long yesterday when price spiked up early in the day I have been long since.
http://www.forextradingforprofit.com...e-trades-added

Is there any chance in couple of days co USD/JPY down to level where we left yesterday, I have started short at 1.3128 , does not look like its dropping to this level again I am trailing loss of 115 PIPS , any expert advise. I am very new for this please help me guys if you can !

Not shure will the USDJPY touch 1.3128 in near future, but now the price goes to touch 102.8 before start the ride to the 99 level. Didn`t think the price will break 99 level at this time. Some fight with BoJ will occur. BoJ will emit more yens at critical points to hold the price above 95 and even better above 100.
If nothing extra happens at political field the 96 level must be a bottom of this downtrend.
If any extras - the pair can touch 93 level for a short time. If 93 breaks for some reason - the next station is 84 and finnaly 76, which may become to a new absolutely low @ 70. This can be real, for example, if Russia will give avay Kuril Islands to the Japan, or something not such historically global...

BTW, I think, that if BoJ will need to get exchange rate 1:1 to the usd in order to acquire back Kuril Islands - there will be no mitutes in doubt - biggest offload ever. But this will never happen. Kuril Islands is the one of the keys to the 3 world global war. Japan will have a chance to reacquire those islands as a result of those war or there can be no Japan at all. I hope, this is a bad dream that will never come true.

PS
I hope there a small lot size you have at negative zone. If so - double it near 102.8 with target @ 100.2 and put SL above 103. If you didn`t use SL - open montly chart and see from where to where the negative zone can be. If you have such resources to cover all graph moves at negative zone - what a hell you a doing here?
Just give us all your money, bro! Your target will be reached blazingly fast.

1.3128?? UJ??

For USDJPY, 103.00 seems coming soon.

Reached the target.

what the f*** is yen doing this morning ?? 30 pip up and down within few minutes without any news, anything ?

stop hunting / shaking off [ nfp week ]

this month i made some terrible mistakes despite having the best tools available to me, i got stuck in lower tf and ignored the higher tf , i feel bad now, but anyways this was just one of those days`

last time nfp was 151k , if this time it comes above expected usd will blast off to the next planet beyond moon, taking uj with it

Seems that it`s BoJ begins their promised intervention. Imho that was too early. But that`s ok, we need their money.
Following their stragegy, yen must beat 105.5 level to show the end of the weekly downtrend.
The weekly channel width is around 1200 pips (eventually 1400), so reaching 105.5 level limits next downstep to the 97, making longs from 96 level to look like very good deal for big players. So, see the top of the retrace and calculate bottom.
That`s the plan of BoJ for manifying the market. Therefore, channel width might be expanded. 93 level is critical for the BoJ, so real fight will be near 96.
The point is that BoJ in this fight will emit more yens, which will affect HH in long term. If fight become hard enought, the top for yen may be shifted to the 150 or even higher. I don`t know how BoJ will stop these, if Kuroda starts crying @ 126... For now, monthly top sits @ 145.3, and bottom @ 93.1 and we even did`n have a double bottom @ 99...
We all know what to do.
TP is your weapon and SL is your friend in this battle. Use your brain, set them properly and victory is ours! Good luck!

Lets help Kuroda to make faster their mission. Take longs to 105.5 then short to 96, then long from 93 to 116 (hardcore to 120). Pump the money from the BoJ. (For the christmas gifts

See, what i meaning:
Weekly:
Monthly:
Expected entry point (daily chart):

i took a huge risk, but it paid off