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USD/JPY Discussion

  • #63,181
  • Dec 25, 2016 9:46pm Dec 25, 2016 9:46pm
Quoting PatienceFx
{quote} a simple zigzag indicator on daily chart is enough to vote for a 50% or atleast 38.2% correction
yes i am talking of erasing entre gains of the december month candle as it happens every year
  • #63,182
  • Dec 25, 2016 10:11pm Dec 25, 2016 10:11pm
Quoting whitescalper
{quote} i will try one more time at this price 117.22 Long with stop 117.15 Take profit open
that one got stopped out as well -24 total.

went long again at 117.05 SL 116.91 .. Take Profit open
  • #63,183
  • Dec 25, 2016 10:37pm Dec 25, 2016 10:37pm
Quoting whitescalper
{quote} that one got stopped out as well -24 total. went long again at 117.05 SL 116.91 .. Take Profit open
Todays Support areas

S1. 117.144
S2. 116.938 ( SL Just below )
  • #63,184
  • Dec 26, 2016 12:38am Dec 26, 2016 12:38am
Quoting whitescalper
{quote} Todays Support areas S1. 117.144 S2. 116.938 ( SL Just below )
MY USDJPY Chart. Potential Support at this area for a breakout above.
Attached Image (click to enlarge)
Click to Enlarge Name: UJ_01.jpg Size: 124 KB
  • #63,185
  • Dec 26, 2016 7:03am Dec 26, 2016 7:03am
Quoting PatienceFx
{quote} a simple zigzag indicator on daily chart is enough to vote for a 50% or atleast 38.2% correction
Your are talking about something entirely different than what I was talking about.
  • #63,186
  • Dec 26, 2016 2:57pm Dec 26, 2016 2:57pm
Quoting dweb
{quote} 117 target still holding {image}
Target 117 hit today, and appears to give support. If it holds, resistance 117.174 area tested four times today, If that breaks then 117.367...due end year low liquidity we may have a tight range market between 117 and 117.4
We err, and err, and err again, but less.
  • #63,187
  • Dec 26, 2016 3:13pm Dec 26, 2016 3:13pm
Is there a way to check market price when my u.s. broker is closed? In short this pair at 117.068, then they closed and I'm left wondering where the price is. Apparently I'm getting screwed right now according to your price report.
If it were not so, I would have told you...
  • #63,188
  • Dec 26, 2016 3:15pm Dec 26, 2016 3:15pm
http://www.xe.com/ - here are real time prices but there is no real volume today so for the most part I ignore what is happening.

Oh and by the way you can also click above (Market) tab for current prices.
  • #63,189
  • Dec 26, 2016 3:17pm Dec 26, 2016 3:17pm
Quoting virgilcain
Is there a way to check market price when my u.s. broker is closed? In short this pair at 117.068, then they closed and I'm left wondering where the price is. Apparently I'm getting screwed right now according to your price report.
what us broker do you use?
  • #63,190
  • Dec 26, 2016 3:48pm Dec 26, 2016 3:48pm
Anyone expecting a down correction this week?
  • #63,191
  • Dec 26, 2016 4:53pm Dec 26, 2016 4:53pm
Forex.com thanks for the responses folks.
If it were not so, I would have told you...
  • #63,192
  • Dec 26, 2016 5:50pm Dec 26, 2016 5:50pm
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 103 KB
If it were not so, I would have told you...
  • #63,193
  • Dec 26, 2016 5:53pm Dec 26, 2016 5:53pm
Descending wedge is uptrend pattern, trap
  • #63,194
  • Dec 26, 2016 7:09pm Dec 26, 2016 7:09pm
What does Kuroda do now- really poor figures across the board
  • #63,195
  • Dec 26, 2016 7:13pm Dec 26, 2016 7:13pm
Quoting hugomarques
Descending wedge is uptrend pattern, trap
So Im trapped?
If it were not so, I would have told you...
  • #63,196
  • Dec 26, 2016 7:25pm Dec 26, 2016 7:25pm
damn, that is some horrible news for the jpy today.. yeck
  • #63,197
  • Dec 26, 2016 8:03pm Dec 26, 2016 8:03pm
Quoting virgilcain
{quote} So Im trapped?
Your reaction in the trap that will tell you if you have been trapped, you are already suffering a pain of thinking of being arrested, sold in a fund of a high wedge
  • #63,198
  • Dec 26, 2016 8:06pm Dec 26, 2016 8:06pm
Quoting hugomarques
{quote} Your reaction in the trap that will tell you if you have been trapped, you are already suffering a pain of thinking of being arrested, sold in a fund of a high wedge
You're not only suffering because you're in a demo ... lol keep training
  • #63,199
  • Dec 26, 2016 8:07pm Dec 26, 2016 8:07pm
Quoting hugomarques
{quote} Your reaction in the trap that will tell you if you have been trapped, you are already suffering a pain of thinking of being arrested, sold in a fund of a high wedge
Your response is Lucid, Succinct, and Difficult. right now i'm -34 pips, but it hasnt broken my 40 stop loss yet.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 106 KB
If it were not so, I would have told you...
  • #63,200
  • Dec 26, 2016 9:00pm Dec 26, 2016 9:00pm
Quoting dweb
{quote} Target 117 hit today, and appears to give support. If it holds, resistance 117.174 area tested four times today, If that breaks then 117.367...due end year low liquidity we may have a tight range market between 117 and 117.4
Missed the upswing, however, an interesting day/week ahead
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH1_27122016_1.png Size: 32 KB
We err, and err, and err again, but less.
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