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USD/JPY Discussion

  • #66,921
  • Jun 15, 2017 1:42pm Jun 15, 2017 1:42pm
Quoting alayinizAMK
going to be ugly if uj tips down agian
UJ price action lately (day or two) has been impulsive. If anything any down move most likely should be corrective and brief. No doubt I might be proven wrong but probabilities say higher before lower overall.
  • #66,922
  • Jun 15, 2017 1:50pm Jun 15, 2017 1:50pm
Quoting SunTrader
{quote} UJ price action lately (day or two) has been impulsive. If anything any down move most likely should be corrective and brief. No doubt I might be proven wrong but probabilities say higher before lower overall.
totally agree
but some are going to panic if it tips, it's just hard to tell who at this point.
  • #66,923
  • Jun 15, 2017 1:51pm Jun 15, 2017 1:51pm
my two cents...a close above the 200ema which on my daily chart would be around 111.05 could be the start of a trend upwards...
  • #66,924
  • Jun 15, 2017 2:00pm Jun 15, 2017 2:00pm
Quoting ArslanHyder
{quote} Holding my shorts as there is a strong resistance at 110.40 PS: In my opinion it was a false breakout...
nothing false..............it is the beginning of an up trend................starting from FOMC...............but always in Forex prepare yourself for being wrong
atheer1
  • #66,925
  • Jun 15, 2017 2:08pm Jun 15, 2017 2:08pm
Quoting alayinizAMK
{quote} totally agree but some are going to panic if it tips, it's just hard to tell who at this point.
And you can tell this how?
  • #66,926
  • Jun 15, 2017 2:10pm Jun 15, 2017 2:10pm
Quoting atheer1
{quote} nothing false..............it is the beginning of an up trend................starting from FOMC...............but always in Forex prepare yourself for being wrong
To err is human I have SL placed ... I hope it will be taken out tonight...
Markets are Irrational
  • #66,927
  • Jun 15, 2017 2:12pm Jun 15, 2017 2:12pm
Quoting ArslanHyder
{quote} To err is human I have SL placed ... I hope it will be taken out tonight...
keep up the good work brother
atheer1
  • #66,928
  • Jun 15, 2017 8:35pm Jun 15, 2017 8:35pm
Quoting SunTrader
{quote} And you can tell this how?
not much needed to activate 1:1000 leverage account holders.
  • #66,929
  • Jun 15, 2017 9:08pm Jun 15, 2017 9:08pm
Quoting alayinizAMK
{quote} not much needed to activate 1:1000 leverage account holders.
Who are probably 1/10 of 1% of all forex trading. You can't be serious.

Look on a H1 chart, a H4 chart. Multiple large range bullish candles. Then look at Thursday daily bar. A bullish engulfing bar which engulfs the body of the last 5, almost 6, daily candle bodies.

Like I said of course a pullback or medium correction is coming but it should go higher for at least a couple of days if not much, much longer. Going short, at this point or any time soon, is a low probability dangerous play.
  • #66,930
  • Jun 16, 2017 12:33am Jun 16, 2017 12:33am
Quoting SunTrader
{quote} Who are probably 1/10 of 1% of all forex trading. You can't be serious. Look on a H1 chart, a H4 chart. Multiple large range bullish candles. Then look at Thursday daily bar. A bullish engulfing bar which engulfs the body of the last 5, almost 6, daily candle bodies. Like I said of course a pullback or medium correction is coming but it should go higher for at least a couple of days if not much, much longer. Going short, at this point or any time soon, is a low probability dangerous play.
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  • #66,931
  • Jun 16, 2017 12:39am Jun 16, 2017 12:39am
sl at be, watching the pips count add up
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  • #66,932
  • Jun 16, 2017 12:42am Jun 16, 2017 12:42am
Kuroda will speak in about 50 minutes from now. Seems we've had a 5 wave impulse out of this, so unless it extends, it offers another buy on retracement.
  • #66,933
  • Jun 16, 2017 12:44am Jun 16, 2017 12:44am
first support, booked +11
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  • #66,934
  • Jun 16, 2017 12:52am Jun 16, 2017 12:52am
Quoting PatienceFx
first support, booked +11 {image}
i was only scalping a breakout
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  • #66,935
  • Jun 16, 2017 1:46am Jun 16, 2017 1:46am
booked kuroda +30
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  • #66,936
  • Jun 16, 2017 1:47am Jun 16, 2017 1:47am
Well Kuroda...you said your poem quite well ...now 111.39 .....
I am a seller at 111.03 ON STOP SL 111.40

  • #66,937
  • Jun 16, 2017 1:48am Jun 16, 2017 1:48am
Quoting PatienceFx
first support, booked +11 {image}
nice scalp.
im loading longs
TMT Scalping System (Best system on FF)
  • #66,938
  • Jun 16, 2017 1:54am Jun 16, 2017 1:54am
Quoting F.g
Well Kuroda...you said your poem quite well ...now 111.39 ..... I am a seller at 111.03 ON STOP SL 111.40
Looks like 5 wave moves up in USD/JPY and EUR/JPY. If we see a 3 wave correction it'll be a buy following these daily breakouts.
  • #66,939
  • Jun 16, 2017 1:59am Jun 16, 2017 1:59am
eu m30 chance of breakout top
  • #66,940
  • Jun 16, 2017 2:08am Jun 16, 2017 2:08am
if this breaks out, will it mean usd weakness and uj down ?
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