image

USD/JPY Discussion

Adding to my long positions. Looks like we found a bottom. We get some good news about the new variant and we'll be off to the races. Tones been set for inflation and rate hikes.

USD/JPY Discussion

There isn't any heavy selling in the options market until 115. People are betting on a snap back.

USD/JPY Discussion

url

USD/JPY Discussion

Spot starts trading in the U.S. 2pm pst. Price is showing a gap up at 113.90 currently. I opened a position Friday.

USD/JPY Discussion

Doubling my long position on any pull back after market open.

USD/JPY Discussion

My thoughts exactly. I just re-opened my longs a little bit ago.

USD/JPY Discussion

Looking to buy into the close.

USD/JPY Discussion

There's nothing technical about this sell-off lol. You can't use a "Black Swan Event" as a tool to validate technicals. Doesn't work that way. We were in wave 3 but it wasn't hyperextended if you look at the daily chart. Hell look at the monthly ...

USD/JPY Discussion

New covid variant is freaking out the market. I shorted that sucker all the way to 114.19....Going to bed and looking for buys tomorrow. Although... Back on 03/06/20 if you bought that Friday into market close when the market was freaking out about ...

USD/JPY Discussion

Out at 115.40....Don't think we'll get much more than 115.75 without a pullback. Seeing some divergence on multiple tf's. Looking at 114.50/114.00 for longs. Have a happy Turkey Day everyone!

USD/JPY Discussion

Next point of interest 116. No option action standing in the way right now. Market is full risk on mode.

USD/JPY Discussion

Usdjpy has been taking out previous yearly highs. 115 was the high from 2016. If you look at the weekly and monthly charts that's trend not consolidation

USD/JPY Discussion

I ended up buying into the close Friday.

USD/JPY Discussion

If the chikou span is near price or touching price it's a consolidation signal. The thing that cloud theory doesn't take into account is the fundamentals. The fact we have high inflation and its going to push the fed to raise rates could push this ...

USD/JPY Discussion

I'd recommend teaching him what not to do and lead by example through your own mistakes and experience. Even the most experienced and successful traders have to take some very painful losses at some point. Lifes hard enough. No need to make it ...

USD/JPY Discussion

It's easier to look at the daily candles and buy or sell at 50% retracement of the previous days overall movement. So if it moved 100 pips I have a buy or sell order at plus or minus 40-50 pips. I watch pa the day I'm getting in and I may or may not ...

USD/JPY Discussion

Looks to me like consolidation with a potential bull flag forming on the 4 hour chart.

USD/JPY Discussion

Mark my words. Rate hikes anytime between now and sometime in the first quarter of 2022.

USD/JPY Discussion