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USD/JPY Discussion

  • #65,301
  • Apr 17, 2017 10:39am Apr 17, 2017 10:39am
Quoting ThreeHalf
{quote} Come back when you stop making assumptions. PS: If you entered a short position last week, it was a good move LAST WEEK. You still did nothing TODAY.
lol sour patch kids
Don't Worry Be Happy
  • #65,302
  • Apr 17, 2017 10:41am Apr 17, 2017 10:41am
Quoting MrPresident
{quote} lol sour patch kids
Are you that juvenile to be unable to admit that you are wrong today? I did not say make a loss on your portfolio, just that your call to sell USD/JPY is wrong for the day.

Whatever, wasted sufficient of my time on you.

Be whatever pleases you. I'm back to my charts.
  • #65,303
  • Apr 17, 2017 10:42am Apr 17, 2017 10:42am
Quoting Connors
{quote} Waiting for a test of 108.00, no trade set up yet to me.
Hi Connors. I would be popping by the EUR/USD shortly.
  • #65,304
  • Apr 17, 2017 10:49am Apr 17, 2017 10:49am
I opened a long position at 108.20 and my target is at 109.00 as I thought the pair would rebound from that support. Considering the bullish spinning top bar on the H4 time frame at that level, it probably will.
  • #65,305
  • Apr 17, 2017 10:51am Apr 17, 2017 10:51am
Quoting dianajs
I opened a long position at 108.20 and my target is at 109.00 as I thought the pair would rebound from that level. Considering the bullish spinning top bar on the H4 time frame at that level, it probably will.
Good luck. Sincere wishes from me.
  • #65,306
  • Apr 17, 2017 11:21am Apr 17, 2017 11:21am
Quoting ThreeHalf
{quote} Dude, I made money last week too. No one gives a chit what you/we did last week. Our worth is evaluated on a daily basis. Did we improve on our positions today? No, you did not. Also, lol @ you shorting EUR/USD. Good luck! PS: I'm not here to make enemies or engage in childish arguments. It was you acting like a dick to everyone, so needless to say, everyone is more than happy to see you lose money today.
Not defending MR pres.. he always shakes up the market, but Pullback selling ON uj worked great today..
It's in fear when people show what they truly value.
  • #65,307
  • Apr 17, 2017 11:24am Apr 17, 2017 11:24am
Quoting ensale
{quote} Not defending MR pres.. he always shakes up the market, but Pullback selling ON uj worked great today..
For the early part of the day, but same can be said for all yen pairs. But our dear MrPresident believes it is one line down for USD/JPY, hence, no closing of trades would had been done by him. Cheers.
  • #65,308
  • Apr 17, 2017 12:58pm Apr 17, 2017 12:58pm
Quoting ThreeHalf
{quote} For the early part of the day, but same can be said for all yen pairs. But our dear MrPresident believes it is one line down for USD/JPY, hence, no closing of trades would had been done by him. Cheers.
yea, because i'm short from the 111.5 area and we are now at 108.5 so why would I close my trade now? lol

and now, we are stuck at 108.5 which is a resistance level that has not yet been broken and so we can fall down to 108 followed by the 107 area

i'm on the daily chart though and i don't pay attention to the lower time frames
Don't Worry Be Happy
  • #65,309
  • Apr 17, 2017 1:17pm Apr 17, 2017 1:17pm
Quoting MrPresident
{quote} yea, because i'm short from the 111.5 area and we are now at 108.5 so why would I close my trade now? lol and now, we are stuck at 108.5 which is a resistance level that has not yet been broken and so we can fall down to 108 followed by the 107 area i'm on the daily chart though and i don't pay attention to the lower time frames

No no need to get heated guys,

...one trader may be higher leveraged within a shorter timeframe with a tight stop and a 20 pip take profit target...

...the other trader may be take a lower leveraged swing trade for an 80 pip target

End result is they may both achieve the same percentage return.
  • #65,310
  • Apr 17, 2017 1:19pm Apr 17, 2017 1:19pm
Quoting MrPresident
{quote} yea, because i'm short from the 111.5 area and we are now at 108.5 so why would I close my trade now? lol and now, we are stuck at 108.5 which is a resistance level that has not yet been broken and so we can fall down to 108 followed by the 107 area i'm on the daily chart though and i don't pay attention to the lower time frames
And now it is broken, again ^^
oops maybe not to daily timeframe trader
Payung AsuransiKu All Time Pips: 4,103
  • #65,311
  • Apr 17, 2017 1:23pm Apr 17, 2017 1:23pm
Quoting MrPresident
{quote} yea, because i'm short from the 111.5 area and we are now at 108.5 so why would I close my trade now? lol and now, we are stuck at 108.5 which is a resistance level that has not yet been broken and so we can fall down to 108 followed by the 107 area i'm on the daily chart though and i don't pay attention to the lower time frames
Because

1. If you closed your shorts and re-sold, you could had made much more.
2. Great that you are short from 111.5, but don't you think you're being irresponsible calling for shorts now and we have gone up? People who listened to you would had been OTM. Fact.
  • #65,312
  • Apr 17, 2017 1:24pm Apr 17, 2017 1:24pm
Quoting Liam.N
{quote} And now it is broken, again ^^ oops maybe not to daily timeframe trader
Don't bother with him lol. If it gets to 112...he would claimed to have short from 115...then 118...
  • #65,313
  • Apr 17, 2017 1:39pm Apr 17, 2017 1:39pm
Squeeeeeeeze!
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ForexOrderFlow.com Return This Year: 11.0%
  • #65,314
  • Apr 17, 2017 1:51pm Apr 17, 2017 1:51pm
Quoting Ryan420
Squeeeeeeeze! {image}
Expecting GBP/JPY to move up too.
  • #65,315
  • Apr 17, 2017 2:05pm Apr 17, 2017 2:05pm
As expected unlike a particular person who knows nothing except to keep shouting "Sell USD/JPY" because he had some success doing so, USD/JPY now sits just 20 pips away from 109.
  • #65,316
  • Apr 17, 2017 2:13pm Apr 17, 2017 2:13pm
Quoting ThreeHalf
As expected unlike a particular person who knows nothing except to keep shouting "Sell USD/JPY" because he had some success doing so, USD/JPY now sits just 20 pips away from 109.
Im back in selling U/J @ 108.85.


For the next week we are still in risk mode so there is a high chance IMO we will yet see more yen and gold buying.
  • #65,317
  • Apr 17, 2017 2:21pm Apr 17, 2017 2:21pm
Quoting el_duende
{quote} Im back in selling U/J @ 108.85. For the next week we are still in risk mode so there is a high chance IMO we will yet see more yen and gold buying.

Don't get me wrong, my personal view is bearish on USD and I agree we will see inflows of funds to safe havens. However, this isn't going to fall in one straight line (duh). I will be selling USD/JPY catiously.
  • #65,318
  • Apr 17, 2017 2:28pm Apr 17, 2017 2:28pm
Closed 2/3 of longs with nice profit. Maybe too early, but dont know how long it will run up. Maybe after while it get lower and then open next longs.

At 107.90 is weekly fibonacci, so there will be good support where to go long. Also 108.30/00. If Trump will make tax reform, USD/JPY will fly and reach my exit level at 113.00.
  • #65,319
  • Apr 17, 2017 2:33pm Apr 17, 2017 2:33pm
Where does everyone think we end tonight lol.

5min, 15min and hourly looks bullish and good.

If we can breach 109.18, this might be off to a good start for a long while.
  • #65,320
  • Apr 17, 2017 2:37pm Apr 17, 2017 2:37pm
Quoting ThreeHalf
As expected unlike a particular person who knows nothing except to keep shouting "Sell USD/JPY" because he had some success doing so, USD/JPY now sits just 20 pips away from 109.
are you referring to me?
It's in fear when people show what they truly value.
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