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USD/JPY Discussion

  • #66,681
  • May 30, 2017 1:08pm May 30, 2017 1:08pm
Quoting SunTrader
{quote} "Where" meant at that time. Not where eventually. Because eventually it will go down, up and up and down. Which order first who knows but the only thing for sure is it will be to the right.
What lol? I made a prediction on a short term price movement. My predction was that it will re test 110.3, came to this prediction on the back of dollar weakness and bad US data. I know the price goes up and down but having the edge on knowing which way it will go is all that matters.. and i dont understand "Where meant at that time". You can look at your charts to know where the price is at the time.
  • #66,682
  • May 30, 2017 2:25pm May 30, 2017 2:25pm
Quoting AlexReid
{quote} What lol? I made a prediction on a short term price movement. My predction was that it will re test 110.3, came to this prediction on the back of dollar weakness and bad US data. I know the price goes up and down but having the edge on knowing which way it will go is all that matters.. and i dont understand "Where meant at that time". You can look at your charts to know where the price is at the time.
Magenta box (1205pm ET) is when you said ..... here we go.

Where did it go ..... other than sideways to up?

And when did it hit 110.30?
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  • #66,683
  • May 30, 2017 3:55pm May 30, 2017 3:55pm
Quoting SunTrader
{quote} Magenta box (1205pm ET) is when you said ..... here we go. Where did it go ..... other than sideways to up? And when did it hit 110.30? {image}
Allow the man to be little excited. I am sure his numbers will be hit soon. He just overlooked the strong support at 110.62. The price rebounced but went as high as 110.80. And died thereafter. In any case i am short from 110.97☺
  • #66,684
  • May 30, 2017 4:52pm May 30, 2017 4:52pm
Hello
Just a small question - on my chart it looks that the gap from 21.04.2017 is stil not closed. Is it possible, that there will be a push to close the gap, means to dive into 109,35x?
  • #66,685
  • May 30, 2017 5:38pm May 30, 2017 5:38pm
Quoting SunTrader
{quote} Magenta box (1205pm ET) is when you said ..... here we go. Where did it go ..... other than sideways to up? And when did it hit 110.30? {image}
I said that on the back of bad data and weakness in the dollar, i made a prediction with no specific time limit.... "here we go" was after it broke a previous low it had just made (confirming the downtrend). Whats the problem with that lol?
  • #66,686
  • May 30, 2017 6:30pm May 30, 2017 6:30pm
Quoting uszatek
Hello Just a small question - on my chart it looks that the gap from 21.04.2017 is stil not closed. Is it possible, that there will be a push to close the gap, means to dive into 109,35x?
Not neccesarily, price can and will go down but not just to close the gap. It could be risk off, bad us data, good jpy data, a tweet or ehatever. Once the price is fown gap will be automatically closed.
  • #66,687
  • May 30, 2017 7:52pm May 30, 2017 7:52pm
Quoting AlexReid
.... "here we go" was after it broke a previous low ...
That's my point and why I said ... where? Especially after it went nowhere.

Anyway I understand now what you meant then and I hope you understand now why I asked.
  • #66,688
  • May 30, 2017 7:55pm May 30, 2017 7:55pm
Quoting uszatek
Hello Just a small question - on my chart it looks that the gap from 21.04.2017 is stil not closed. Is it possible, that there will be a push to close the gap, means to dive into 109,35x?
"All gaps get filled."
  • #66,689
  • May 31, 2017 8:13am May 31, 2017 8:13am
awful awful price action but it still slowly goes down ....
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  • #66,690
  • May 31, 2017 9:10am May 31, 2017 9:10am
Quoting SunTrader
{quote} That's my point and why I said ... where? Especially after it went nowhere. Anyway I understand now what you meant then and I hope you understand now why I asked.
Yeah i understand you now. Perhaps it would be more appropriate now... Here we go lol.
  • #66,691
  • May 31, 2017 11:57am May 31, 2017 11:57am
I shorted a while ago, I think USD/JPY will reach the local low at 110.20. Also, a breakout below that support could be the beginning of a drop to 109.50 or even 109.00.
  • #66,692
  • May 31, 2017 1:51pm May 31, 2017 1:51pm
Quoting dianajs
I shorted a while ago, I think USD/JPY will reach the local low at 110.20. Also, a breakout below that support could be the beginning of a drop to 109.50 or even 109.00.
did same, had same tp. Knewthere was a 4 h support at 110.47. Should have booked and reentered from 110.7x. Didn't do it. Now nurturing the trade.
  • #66,693
  • May 31, 2017 8:42pm May 31, 2017 8:42pm
Took short now at 111.0
  • #66,694
  • May 31, 2017 11:37pm May 31, 2017 11:37pm
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asian open.

Nekkei smashing up at the time. Over 1:1 risk behind pin rejection there where the banks leaned against and accumulated overnight.
  • #66,695
  • Jun 1, 2017 12:14am Jun 1, 2017 12:14am
Quoting WolGod
{image} asian open. Nekkei smashing up at the time. Over 1:1 risk behind pin rejection there where the banks leaned against and accumulated overnight.
I noticed you are very good trader and I would love to see your predictions for movement this week. Can you give market direction for pairs that you trade? TIA
Ecclesiastes 1:9
  • #66,696
  • Jun 1, 2017 12:56am Jun 1, 2017 12:56am
Quoting WolGod
{image} asian open. Nekkei smashing up at the time. Over 1:1 risk behind pin rejection there where the banks leaned against and accumulated overnight.
Thats probably right , but I do not like how Japs closing the session into positive .
  • #66,697
  • Jun 1, 2017 1:29am Jun 1, 2017 1:29am
Long targeting 111.200
Risk behind 110.840

come on UJ go long
  • #66,698
  • Jun 1, 2017 5:29am Jun 1, 2017 5:29am
Hourly resistance line pierced , probably going for 111.70ish
  • #66,699
  • Jun 1, 2017 5:55am Jun 1, 2017 5:55am
Long to 111.40......GooOOo goOOo goooOoooooo

placing buy order 110.917
Put on your Condom (SL) unless you want to get her pregnant (Acc Blow)
  • #66,700
  • Jun 1, 2017 7:16am Jun 1, 2017 7:16am
ahhHHh....i close my long..............never expect it shoot up...........no buy order anymore.......
Put on your Condom (SL) unless you want to get her pregnant (Acc Blow)
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