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USD/JPY Discussion

  • #65,601
  • Apr 24, 2017 7:19am Apr 24, 2017 7:19am
MA200 as support, looking if the next move any bite.
  • #65,602
  • Apr 24, 2017 7:21am Apr 24, 2017 7:21am
market is waiting for this to take a firm decision
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do not follow me 99.9999999% of times, rest you can lol
  • #65,603
  • Apr 24, 2017 7:21am Apr 24, 2017 7:21am
eyeing 109.40 are for fill but I will just sit on the sidelines. Can go either way from here
  • #65,604
  • Apr 24, 2017 7:31am Apr 24, 2017 7:31am
..It can go anywhere from here.

The price has just touched a very obvious target for scalpers who were short...which is probably why PatienceFX and Dweb took profits.

Oh, its also at a MASSIVE round number (110).
  • #65,605
  • Apr 24, 2017 7:38am Apr 24, 2017 7:38am
Any upswing from here with resistance to 110.215 can be bearish... right now trend line resistance respected.
  • #65,606
  • Apr 24, 2017 7:48am Apr 24, 2017 7:48am
Long scalp on cable at range bottom, out of it... hahahaha no confidence despite low risk bullish setup
  • #65,607
  • Apr 24, 2017 8:01am Apr 24, 2017 8:01am
Quoting ruma29
short {image}
nothing changed yet...
  • #65,608
  • Apr 24, 2017 8:25am Apr 24, 2017 8:25am
Quoting Trade-G
Potential reversal at play?
From here, it may drift down to close pocket thereabout MA200 region, then may need to see what may likely happen then, by virtue of H4, it looks pretty bearish at the moment.
  • #65,609
  • Apr 24, 2017 8:33am Apr 24, 2017 8:33am
Went in for a long, any change will need to happen here.... wish me luck
  • #65,610
  • Apr 24, 2017 8:41am Apr 24, 2017 8:41am
Quoting Trade-G
Went in for a long, any change will need to happen here.... wish me luck
You are probably toast. steep drop before long is more likely. OR a little rise to trick longs then a steep drop THEN long lol. I think retail is about to get screwed as I already said.
  • #65,611
  • Apr 24, 2017 8:46am Apr 24, 2017 8:46am
Quoting Trade-G
Went in for a long, any change will need to happen here.... wish me luck
No grit n strength, held by secondary downtrend resistance, out of trade... good night
  • #65,612
  • Apr 24, 2017 8:47am Apr 24, 2017 8:47am
cool
  • #65,613
  • Apr 24, 2017 8:49am Apr 24, 2017 8:49am
Quoting Trendzalore
{quote} You are probably toast. steep drop before long is more likely. OR a little rise to trick longs then a steep drop THEN long lol. I think retail is about to get screwed as I already said.
Not toasted though tight stop, doesn't look good so exited with shillings hehehhe, my bearish continuation scenario may continue to the pocket at least...
  • #65,614
  • Apr 24, 2017 9:11am Apr 24, 2017 9:11am
Region does seem to have some support, any likely pullback can send it up to near 110 region ... ok EOD for me...
  • #65,615
  • Apr 24, 2017 10:13am Apr 24, 2017 10:13am
I think that for the moment USD/JPY will attempt to recover the bullish gap. I opened a short position with target 109.30.
  • #65,616
  • Apr 24, 2017 11:48am Apr 24, 2017 11:48am
uj may cover gap and go north, so do not expect big targets on shorts
do not follow me 99.9999999% of times, rest you can lol
  • #65,617
  • Apr 24, 2017 12:00pm Apr 24, 2017 12:00pm
109,5 attracts
  • #65,618
  • Apr 24, 2017 4:37pm Apr 24, 2017 4:37pm
Hope you guys watch gold and us bonds very closely trading the UJ
  • #65,619
  • Apr 24, 2017 7:23pm Apr 24, 2017 7:23pm
so who will wash clothes today, rinse n repeat ; hahahahaha
do not follow me 99.9999999% of times, rest you can lol
  • #65,620
  • Apr 24, 2017 8:17pm Apr 24, 2017 8:17pm
Taking this long if price can get to it. Everything on the chart screams that there should be orders here. After the break of resistance which was tested in three places, the consolidation should represent the decision to move higher. A little nervous about the round number not being far away enough for institutions to want to push some fakeouts though.

M5:
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M1:
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