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USD/JPY Discussion

  • #63,361
  • Jan 4, 2017 8:48pm Jan 4, 2017 8:48pm
Quoting 2xfx
{quote} I think you are right. However, it may take months to reach it. How can you time and in what level you will enter a long position? Thanks
on daily chart,supports and resistances are moving every day,today no surprise support 116.33,the magic of numbers,but after all in any currency when you know its direction and its not going to go side way anymore as it is on usdjpy(the 4hr chart said that) its a bargain to take action around 22sma middle,as its now the usd index and the usdjpy are sitting around the average,but price not always reaches the average.
  • #63,362
  • Edited 10:39pm Jan 4, 2017 10:12pm | Edited 10:39pm
If 116 breaks. Expects 200 pips range to 115.20. The support 116 is getting pounded more and more. Sooner or later it will break. Wait. I could be wrong. BOJ will defend it.
  • #63,363
  • Jan 4, 2017 10:16pm Jan 4, 2017 10:16pm
Short TP 115.8 (daily kijun). SL 116.60.
Will long @115.80
 
 
Don't trust me. I'm still newbie
  • #63,364
  • Jan 4, 2017 11:10pm Jan 4, 2017 11:10pm
Thin liquidity. USD Sellers dominates. I mean Yen buyers dominate.
  • #63,365
  • Jan 4, 2017 11:22pm Jan 4, 2017 11:22pm
Went long @ 115.86.
Let's see if we can bounce back from here.
  • #63,366
  • Jan 4, 2017 11:23pm Jan 4, 2017 11:23pm
160 pip asia move. That's hows done, london shitters!
  • #63,367
  • Jan 4, 2017 11:45pm Jan 4, 2017 11:45pm
Quoting wafiq
if it can reach 117.00 will be over my dead body
Are you dead now?
It's not how much U make, but how much U keep
  • #63,368
  • Jan 5, 2017 12:00am Jan 5, 2017 12:00am
Quoting niubee
Short TP 115.8 (daily kijun). SL 116.60. Will long @115.80    
 
Done... waiting for moving up...
Don't trust me. I'm still newbie
  • #63,369
  • Jan 5, 2017 12:22am Jan 5, 2017 12:22am
I just keep selling usdjpy until 115.1x

Then i'll see once there for a possible move down to 113.1x / 109.x and 106.8x
Make money by doing the opposite of Giveachance aka loser
  • #63,370
  • Jan 5, 2017 12:42am Jan 5, 2017 12:42am
Perfect weak bounce, looking to sell into it once it settles
Make money by doing the opposite of Giveachance aka loser
  • #63,371
  • Jan 5, 2017 2:05am Jan 5, 2017 2:05am
Watch what happens at this level, it could either go to somewhere around 117.1 or straight back down.
  • #63,372
  • Jan 5, 2017 2:13am Jan 5, 2017 2:13am
Quoting Starcraftmaz
Watch what happens at this level, it could either go to somewhere around 117.1 or straight back down.
Yes, it could up or down...lol
Make money by doing the opposite of Giveachance aka loser
  • #63,373
  • Jan 5, 2017 2:16am Jan 5, 2017 2:16am
Quoting nessus94
{quote} Yes, it could up or down...lol
I guess I mean specifically from this level either a retest if 117.1 or continuation of downwards movement, it should be clear when we exit the tight range here.

Edit : in short at 116. 513, let's see what happens sl 116.8
  • #63,374
  • Jan 5, 2017 2:45am Jan 5, 2017 2:45am
Quoting Starcraftmaz
{quote} I guess I mean specifically from this level either a retest if 117.1 or continuation of downwards movement, it should be clear when we exit the tight range here. Edit : in short at 116. 513, let's see what happens sl 116.8
I don't like the current m15 and the fact eurusd is dropping

Gotta wait a bit
Make money by doing the opposite of Giveachance aka loser
  • #63,375
  • Jan 5, 2017 2:49am Jan 5, 2017 2:49am
Quoting nessus94
I just keep selling usdjpy until 115.1x Then i'll see once there for a possible move down to 113.1x / 109.x and 106.8x
Yep, that is pretty much my strategy in line with the chart I posted yesterday with final destination for me in the 109.70's..Long way to go yet..
  • #63,376
  • Jan 5, 2017 2:55am Jan 5, 2017 2:55am
Quoting nessus94
{quote} I don't like the current m15 and the fact eurusd is dropping Gotta wait a bit
Always a danger to get too close to the market noise when trading off your longer timeframe..Useful for scaling in and out whilst holding positions from above though
  • #63,377
  • Jan 5, 2017 3:03am Jan 5, 2017 3:03am
Quoting niubee
{quote}   Done... waiting for moving up...
 
Profit locked @116.3
Waiting for target 118.5 and 119.
Let it moves
Don't trust me. I'm still newbie
  • #63,378
  • Jan 5, 2017 3:28am Jan 5, 2017 3:28am
  •  turnfx
  • | Joined Dec 2014 | Status: Only money management is the key of | 334 Posts
now its time to go back to the point 155.xx
  • #63,379
  • Jan 5, 2017 3:29am Jan 5, 2017 3:29am
Quoting turnfx
now its time to go back to the point 155.xx
What you are talking about!!!!
  • #63,380
  • Jan 5, 2017 3:29am Jan 5, 2017 3:29am
Quoting niubee
{quote} Â Profit locked @116.3 Waiting for target 118.5 and 119. Let it moves
I'm too scared to long after such a massive nov/dec bull, perhaps you know something that I don't, who knows, goodluck with the longs hehe I will short the living shit out of this pair if it dares to reach that price again.
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