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USD/JPY Discussion

  • #62,761
  • Nov 23, 2016 7:06am Nov 23, 2016 7:06am
let's see the first reaction at 111.35~~
The only true wisdom is in knowing you know nothing.
  • #62,762
  • Nov 23, 2016 7:25am Nov 23, 2016 7:25am
Quoting stylinex
{quote} 110 entered now. Next stop 112
Almost at 112
  • #62,763
  • Nov 23, 2016 7:26am Nov 23, 2016 7:26am
Waiting for h1 reversal to add full shorts now, waiting and waiting

Go to 120 if you like
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  • #62,764
  • Nov 23, 2016 7:26am Nov 23, 2016 7:26am
Quoting csc2009
The pair is still holding a strong bullish tone, Usd/Jpy set eyes on 111.00 level, my next target is at 111.45.
Your target should be green now
  • #62,765
  • Nov 23, 2016 7:29am Nov 23, 2016 7:29am
Quoting catroot
{quote} Double top is a strong resistance, but there is no downside impulse at them now. Without impulses @dt - next level will be taken.
As i said, no problem breaking 3rd time. It is because all sell limit orders have been consumed, that's why more times price visits an extreme level bigger chance of breakout.
  • #62,766
  • Nov 23, 2016 7:29am Nov 23, 2016 7:29am
Quoting stylinex
{quote} Your target should be green now
Feeling sorry for those who shorted at the past levle 112 area should be best for bears
  • #62,767
  • Nov 23, 2016 7:39am Nov 23, 2016 7:39am
This pattern is technical completed so it could turn at anytime now.

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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  • #62,768
  • Nov 23, 2016 7:49am Nov 23, 2016 7:49am
112 looks unstoppable....
  • #62,769
  • Nov 23, 2016 7:59am Nov 23, 2016 7:59am
Quoting pohchuan
112 looks unstoppable....
Anything above 112.00 just seems to have so much value for me to short :/
Currently waiting for M15 weak close to enter~~~~~~~~
The only true wisdom is in knowing you know nothing.
  • #62,770
  • Nov 23, 2016 8:11am Nov 23, 2016 8:11am
Most likely to 115 now

Too strong
Make money by doing the opposite of Giveachance aka loser
  • #62,771
  • Nov 23, 2016 8:18am Nov 23, 2016 8:18am
Quoting nessus94
Most likely to 115 now Too strong
all depends on when boj stops ..
  • #62,772
  • Nov 23, 2016 8:20am Nov 23, 2016 8:20am
Quoting mades
{quote} all depends on when boj stops ..
With gold and euro breaking down, usd is too strong

I'm out for now
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  • #62,773
  • Nov 23, 2016 9:01am Nov 23, 2016 9:01am
Guys, it's been over 90 on 5m RSI. I barely get to see such values. Any suggestions when it's gonna hit a local resistance? Thanks
  • #62,774
  • Nov 23, 2016 9:24am Nov 23, 2016 9:24am
Well... There was the launch up to the area "begging to be tested".

Time for me to enter short again here at 112.43 (initial entry at 110.93 still in) Target 109.77.

..Should add that I'm not so much a quick hit and run trader as someone who builds a position into a move and is happy to nurture it along.
  • #62,775
  • Nov 23, 2016 9:32am Nov 23, 2016 9:32am
Quoting FXClarity
Well... There was the launch up to the area "begging to be tested". Time for me to enter short again here at 112.43 (initial entry at 110.93 still in) Target 109.77. ..Should add that I'm not so much a quick hit and run trader as someone who builds a position into a move and is happy to nurture it along.
With euro on the verge of breaking down, usdjpy can rise like there is no tomorrow

We may have a flash crash on the euro like the pound, it usually the case when its going down too much
Make money by doing the opposite of Giveachance aka loser
  • #62,776
  • Nov 23, 2016 9:38am Nov 23, 2016 9:38am
Quoting nessus94
{quote} With euro on the verge of breaking down, usdjpy can rise like there is no tomorrow We may have a flash crash on the euro like the pound, it usually the case when its going down too much
Really damn tempted to buy... dunno when it will drop like crazy
  • #62,777
  • Nov 23, 2016 9:45am Nov 23, 2016 9:45am
Quoting Jfrancis
This pattern is technical completed so it could turn at anytime now. {image} {image}
When it turns, what will be your tp?
  • #62,778
  • Nov 23, 2016 9:50am Nov 23, 2016 9:50am
As I'm crazy I may ignitiate a short usdjpy at 112.80 for a move to 97 for the next year with a massive dollar sell off
Make money by doing the opposite of Giveachance aka loser
  • #62,779
  • Nov 23, 2016 9:50am Nov 23, 2016 9:50am
112.5 didn`t stop? Next powerfull resistance @116....
Forcemeat can not be unrolled back...
  • #62,780
  • Nov 23, 2016 9:56am Nov 23, 2016 9:56am
Quoting mrnicecookie
{quote} Really damn tempted to buy... dunno when it will drop like crazy
I will advice yoou wait to short it ... don't get trapped 113 area is not bad at all for a short
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