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USD/JPY Discussion

  • #65,501
  • Apr 20, 2017 10:37pm Apr 20, 2017 10:37pm
should i buy this ?
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do not follow me 99.9999999% of times, rest you can lol
  • #65,502
  • Apr 20, 2017 11:02pm Apr 20, 2017 11:02pm
Quoting PatienceFx
should i buy this ? {image}
I think so, Right now I am long on this pair.
  • #65,503
  • Apr 21, 2017 1:42am Apr 21, 2017 1:42am
I'm long from 109.98 with TP at 110.10
Lost....
  • #65,504
  • Apr 21, 2017 2:51am Apr 21, 2017 2:51am
Quoting gespiri
I'm long from 109.98 with TP at 110.10
wait for the next week ..
  • #65,505
  • Apr 21, 2017 5:34am Apr 21, 2017 5:34am
going short big time, sl at be
do not follow me 99.9999999% of times, rest you can lol
  • #65,506
  • Apr 21, 2017 6:12am Apr 21, 2017 6:12am
Quoting PatienceFx
should i buy this ? {image}
Nothing big should happen today. First round of French elections over the weekend, so we might see some closing of short positions later this day, but who knows if they will be big enough to lift USD a bit.
  • #65,507
  • Apr 21, 2017 7:18am Apr 21, 2017 7:18am
watching this trendline for action could be a decrease in the steepness of the recent bullish movement
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  • #65,508
  • Apr 21, 2017 8:18am Apr 21, 2017 8:18am
Dear Trump
We need you
Pick your phone and tweet something and make this forum alive again
The Market is always right
  • #65,509
  • Apr 21, 2017 11:34am Apr 21, 2017 11:34am
shorting is fun when it can't get past 109.3 because it falls hard
Don't Worry Be Happy
  • #65,510
  • Apr 21, 2017 1:08pm Apr 21, 2017 1:08pm
Covering shorts has just started. Lets see if there is enough heavy bears pulling out of the market to take price past 109.50.
  • #65,511
  • Apr 21, 2017 1:16pm Apr 21, 2017 1:16pm
111 sun/mon possible
  • #65,512
  • Apr 21, 2017 1:22pm Apr 21, 2017 1:22pm
Quoting sgmf
111 sun/mon possible
110 first, 111 by next Friday.
  • #65,513
  • Apr 21, 2017 1:29pm Apr 21, 2017 1:29pm
Quoting sgmf
111 sun/mon possible
Marine Le Pen is looking strong. If she comes out on top after the first round of election, there will most likely be some risk averse reaction. I'm closing today, going into the weekend with open risk sensitive pair, is too risky for me.
  • #65,514
  • Apr 21, 2017 2:20pm Apr 21, 2017 2:20pm
Gentlemen, need some help. I have actually hedged 10 lots each in each direction with a 400 point difference. Instead of opening 1 lot I had mistakenly opened 10 during a volatile phase and I had to hedge that forcefully to prevent loss. By the time I hedged the position had already moved 400 points negative. Any advice atleast for me to come out of this and close these 2 positions is highly appreciated. If after the coming Sunday elections, if Le Pen wins, kindly advice if there is a possibility that the $ will go up.

Regards,

Manasvi
  • #65,515
  • Apr 21, 2017 2:30pm Apr 21, 2017 2:30pm
Quoting Manasvi
Gentlemen, need some help. I have actually hedged 10 lots each in each direction with a 400 point difference. Instead of opening 1 lot I had mistakenly opened 10 during a volatile phase and I had to hedge that forcefully to prevent loss. By the time I hedged the position had already moved 400 points negative. Any advice atleast for me to come out of this and close these 2 positions is highly appreciated. If after the coming Sunday elections, if Le Pen wins, kindly advice if there is a possibility that the $ will go up. Regards, Manasvi
it depends who are gonna be those to go onto 2nd round.Le Pen winning on Sunday will probably cause safe haven demand and UJ will probably drop,on the other side it would be great to see Macron/Fillon going into 2nd round and that could cause short profit taking and UJ rallying.The other risk next week is again talk of massive tax cuts($ bullish) and healthcare could be on the table too.And if govt will not get some sort of deal we will face govt shutdown which will probably drag $ down
  • #65,516
  • Apr 21, 2017 4:58pm Apr 21, 2017 4:58pm
Quoting UAEtraderS
Dear Trump We need you Pick your phone and tweet something and make this forum alive again
He did just that....Massive Tax Cut
  • #65,517
  • Apr 22, 2017 1:10am Apr 22, 2017 1:10am
Quoting gezis
{quote} it depends who are gonna be those to go onto 2nd round.Le Pen winning on Sunday will probably cause safe haven demand and UJ will probably drop,on the other side it would be great to see Macron/Fillon going into 2nd round and that could cause short profit taking and UJ rallying.The other risk next week is again talk of massive tax cuts($ bullish) and healthcare could be on the table too.And if govt will not get some sort of deal we will face govt shutdown which will probably drag $ down
Thank you. Much appreciated.
  • #65,518
  • Apr 22, 2017 7:32am Apr 22, 2017 7:32am
i don't think that going long is a good idea for this pair because any geopolitical risk causes big fluctuations

but i went long on friday to see what happens on sunday

if it does not get above 109.3, then being short is more safe
Don't Worry Be Happy
  • #65,519
  • Apr 23, 2017 7:37am Apr 23, 2017 7:37am
USD/JPY is having a time of consolidation as price continues to trade sideways.
  • #65,520
  • Apr 23, 2017 8:20am Apr 23, 2017 8:20am
possibly 110 about to come, then down.
Hey buddy, let's grab some Pips!
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