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USD/JPY Discussion

  • #64,641
  • Edited 2:28pm Mar 20, 2017 1:43pm | Edited 2:28pm
Lifeless day so far.

112.5 is rock solid for now... Might be a time for new long position...
"Don't lose your cool, and you will fare well".
  • #64,642
  • Mar 20, 2017 2:54pm Mar 20, 2017 2:54pm
I Was thinking the same for 112.5, I have a long at 112.7, might be good to double down here.

I Wonder as well though if the market is waiting for trump speech? Can't really think of anything else going on.

I Might place an order to long just before speech
  • #64,643
  • Mar 20, 2017 3:54pm Mar 20, 2017 3:54pm
Quoting Starcraftmaz
I Was thinking the same for 112.5, I have a long at 112.7, might be good to double down here. I Wonder as well though if the market is waiting for trump speech? Can't really think of anything else going on. I Might place an order to long just before speech
lol, it's sitting on 12.5 like drunk for whole US session. Bears are not strong enough to break it for now, and bulls are nowhere to be seen...

This pair is waiting Asian session to finally move, which should continue tomorrow...
"Don't lose your cool, and you will fare well".
  • #64,644
  • Mar 20, 2017 3:59pm Mar 20, 2017 3:59pm
tl now, need break 60
  • #64,645
  • Mar 20, 2017 4:46pm Mar 20, 2017 4:46pm
going to buy broken trendline to try a a scalp
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Trade
  • #64,646
  • Mar 20, 2017 6:01pm Mar 20, 2017 6:01pm
30 min to go for trump news, expecting some bullish move then drop later
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  • #64,647
  • Mar 20, 2017 6:12pm Mar 20, 2017 6:12pm
Will close my position at 112 level
  • #64,648
  • Mar 20, 2017 6:14pm Mar 20, 2017 6:14pm
Going to 115.00 before end of this month. EZ
  • #64,649
  • Mar 20, 2017 6:15pm Mar 20, 2017 6:15pm
shorting uc uj reasons unknown
  • #64,650
  • Mar 20, 2017 6:26pm Mar 20, 2017 6:26pm
Quoting PatienceFx
shorting uc uj reasons unknown
.
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  • #64,651
  • Mar 20, 2017 7:25pm Mar 20, 2017 7:25pm
Quoting PatienceFx
shorting uc uj reasons unknown
GREAT call.. i followed you..THKS
  • #64,652
  • Mar 20, 2017 10:22pm Mar 20, 2017 10:22pm
Quoting danc
{quote} GREAT call.. i followed you..THKS
never follow me please, i do make mistakes
  • #64,653
  • Mar 20, 2017 10:35pm Mar 20, 2017 10:35pm
Wild ride for me tonight. Went to sleep, woke up one hour after falling asleep just to find my SL is triggered. Went to see what happened, saw a big fat red candle on hourly chart but with a rather long tail. I was like: "If you wanted to go down further, you wouldn't have such big tail". Opened new long, and went to sleep again.

Woke up again, and surprise! Many green pips! This one took a 180 degree turn so quickly tonight.
"Don't lose your cool, and you will fare well".
  • #64,654
  • Mar 20, 2017 11:00pm Mar 20, 2017 11:00pm
I think when today UJ can't drop more than 112.35.. its gonna be rock to upside.. trend has change..
  • #64,655
  • Edited 11:37pm Mar 20, 2017 11:23pm | Edited 11:37pm
If you are tracking USDJPY, notice that the order flow context still favours further southward move. However, there may be a retracement to the 50/61.8 Fib zone (112. 88 - 113.16) before this. I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
  • #64,656
  • Mar 20, 2017 11:28pm Mar 20, 2017 11:28pm
Quoting PatienceFx
{quote} never follow me please, i do make mistakes
i scalped it went well
  • #64,657
  • Mar 21, 2017 1:46am Mar 21, 2017 1:46am
i think usdjpy support 111.70
One Day U Will Miss me!
  • #64,658
  • Mar 21, 2017 3:59am Mar 21, 2017 3:59am
Slow, as usually during European session.

It doesn't go up nor down since last night.
"Don't lose your cool, and you will fare well".
  • #64,659
  • Mar 21, 2017 6:35am Mar 21, 2017 6:35am
It seems the bulls consolidation comes to the end.
Let's see how many bears @114.6
Forcemeat can not be unrolled back...
  • #64,660
  • Mar 21, 2017 9:26am Mar 21, 2017 9:26am
Nearing 112. Paying close attention now...

I have new long order at 112.100
"Don't lose your cool, and you will fare well".
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