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USD/JPY Discussion

  • #63,261
  • Dec 29, 2016 11:45am Dec 29, 2016 11:45am
This is just an opinion but I'm starting to wonder if we might get a big reversal in the Asian session that carries the dollar strength into year end. **fingers crossed**
niemals aufgeben
  • #63,262
  • Dec 29, 2016 2:49pm Dec 29, 2016 2:49pm
Quoting NovaFX
This is just an opinion but I'm starting to wonder if we might get a big reversal in the Asian session that carries the dollar strength into year end. **fingers crossed**
Am also looking to buy during Asian session, the price seems like the bulls might attempt to move the price higher. Nothing is a guarantee that's why money management is vital
  • #63,263
  • Dec 29, 2016 4:48pm Dec 29, 2016 4:48pm
6 times the bear tries to breach 116.3 but failed....
  • #63,264
  • Dec 29, 2016 6:27pm Dec 29, 2016 6:27pm
Another big move down an hour ago but failed to hold below 116.3.....
  • #63,265
  • Dec 29, 2016 6:31pm Dec 29, 2016 6:31pm
Quoting pohchuan
6 times the bear tries to breach 116.3 but failed....
3 times you mean.
"Letting losses run is the most serious mistake made by most investors."W.O
  • #63,266
  • Dec 29, 2016 7:22pm Dec 29, 2016 7:22pm
Holiday low volume is not a good time to put a new trade on - especially after a big bullish move over the last two months.
  • #63,267
  • Dec 29, 2016 8:55pm Dec 29, 2016 8:55pm
Quoting SunTrader
Holiday low volume is not a good time to put a new trade on - especially after a big bullish move over the last two months.
Yea you're definitely right. I almost got screwed by that ridiculous low liquidity spike in EURUSD. I had literally set my stops like a minute before it happened, scary stuff.
niemals aufgeben
  • #63,268
  • Dec 30, 2016 4:28am Dec 30, 2016 4:28am
Hmmm feel like yen will be demanded today given the eur drop.
The only true wisdom is in knowing you know nothing.
  • #63,269
  • Dec 30, 2016 4:31am Dec 30, 2016 4:31am
Any brave ones willing to short this over the year with me
The only true wisdom is in knowing you know nothing.
  • #63,270
  • Dec 30, 2016 8:20am Dec 30, 2016 8:20am
No I'd rather not abuse my trading account.
  • #63,271
  • Dec 30, 2016 9:00am Dec 30, 2016 9:00am
Quoting aarontan
Any brave ones willing to short this over the year with me
Yep, let's go.
  • #63,272
  • Dec 30, 2016 11:45am Dec 30, 2016 11:45am
I'm with you as soon as my stochs cross down.
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If it were not so, I would have told you...
  • #63,273
  • Dec 30, 2016 11:49am Dec 30, 2016 11:49am
You are going to short this over the year, during this low volume week, .... based on a H1 stoch reading?
  • #63,274
  • Dec 31, 2016 12:59am Dec 31, 2016 12:59am
This pair was pretty volatile in 2016. No reads for next year, a lot to wait and see regarding the global economy to make a move here.
TE started 6/4/19
  • #63,275
  • Jan 1, 2017 10:34pm Jan 1, 2017 10:34pm
With downside limited above 116.00 level and lack of fundamental news, the pair would probably keep ranging, immediate resistance level can be found around 117.20 zone.
  • #63,276
  • Jan 2, 2017 1:41am Jan 2, 2017 1:41am
This one is a tough one I'm currently short myself and short the indices to get any good downside 116 has to get taken out then 113 is on the cards maybe this week we will get some clear direction. Good Luck
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rat
  • #63,277
  • Jan 2, 2017 2:53am Jan 2, 2017 2:53am
With a worldwide bank holidays today, vol is very thin...no trades for me

Looking at this usdjpy it doesn't look good to trade
Make money by doing the opposite of Giveachance aka loser
  • #63,278
  • Jan 2, 2017 4:15am Jan 2, 2017 4:15am
During this week, I will be looking to trading this pair to the north side. My technical analysis is detailed on
weekly technical outlook.

Trade safe and prosper.


KP
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Do your homework, follow the footprints of smart money
  • #63,279
  • Jan 2, 2017 8:37am Jan 2, 2017 8:37am
there may be room for pullbacks , but trend is still up
  • #63,280
  • Jan 2, 2017 11:34am Jan 2, 2017 11:34am
Quoting MXT
there may be room for pullbacks , but trend is still up
I think so as well
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