That was very helpful guys. Thank you!

Indicators archive

Does the close spike high to 107.20 affects anything? I see stocks rebound and many cross/jpy closed relatively high. What is going on again?

USD/JPY Discussion

It breaches any level with ease. now there is 106.80 or so 50% fib and daily low.. just see how easy it will run thru it as we speak. lol

USD/JPY Discussion

Look at the pressure, weekly bearish candle.. Ah a series of candles to 100 or something? Well, I would not go long as critical level taken and easy. I wonder usdjpy broke every support in like "first attempt" and never broke thru 108.30 for 5 ...

USD/JPY Discussion

How these trendlines are drawn like that? Not getting it. Is it a theory?

USD/JPY Discussion

When you track stocks its too late to trade usdjpy. The action is mirrored, I get no chance of taking a directional trade. It's Friday again, and I do not know what usdjpy intention right now. Maybe more downside or more 107-108?

USD/JPY Discussion

Hm.. I am fully sick of usdjpy movement, anyone has a new (not old) picture to show us? let it be elliott..shapes, fib, anything LOL Its boring really. Same thing over and over

USD/JPY Discussion

indeed. its slightly bullish. very slow bullish development on weekly charts. I still believe the recent high will be exceeded when? no clue. but now we are at really critical support and previous low at .50 hope it supports or i may exit. By the ...

USD/JPY Discussion

It is not rocket science cable bottoming in 1.93 and it is not that un-expected effect. So i will buy dips.. any dips

Cable Update (GBPUSD)

GBPJPY is also rebounding as USDJPY remains firm. Hmm.. the close today will be important..maybe dominating trend for next week.

Cable Update (GBPUSD)

Support is very firm at 107.80 and 107.50/20 I think support will hold for a 108.62 break. But if by this end of week usd jpy didn't make a strong weekly close or made it to 109 I will fold any long position. True, I can see that uptrend channel, i ...

USD/JPY Discussion

Maybe eurusd is gaping down (dip) to form the daily candle you know Those lovely shadows. The strong bounce yesterday does not suggest so much usd strength though. Let us see what will happen.. I am not in any eur/gbp position anyway

Cable Update (GBPUSD)

Despite that longer-term trend is bearish and argue for more downside. I agree with you one hundred percent that we are nearing a bottom on the sterling for the short term, cot data suggest sterling index at 0 extreme (oversold) and argue for a ...

Cable Update (GBPUSD)

True. USDJPY has been perfect for quick in-out traders. It moved about 100 pips only in 10 pips range or so due to FOMC release. But once it catches a trend it will be fine. It is a correction maybe thats why its so choppy looking in a bigger ...

USD/JPY Discussion

Just my 2 cents. Playing triangles breakouts last month on usdjpy proved to be a loss-loss situation. Even if it breaks outside it, I would take cautious as many fake breaks come.. just like the 108.62 spike and no-follow through progress.

USD/JPY Discussion

Remember, carry traders who love interest like things to go up and slowly.. not in one rush move. I doubt the old days will come back, but maybe short-lived ones

USD/JPY Discussion

Well, it briefly broke it you know. Some, or many people stopped out with those 5 pips you know I think real offers are 108.50+ ..yes, it's little overbought, should try to dip before continuing if thats the case. Or better yet, it might ...

USD/JPY Discussion

I am not so sure. I apply simple technical ideas into chart and try to see some prospects over its movement. I will tell you my reasons to go long in the short term: 1. Choppy reaction from 104.95 bottom does not say rally has completed only at 38 ...

USD/JPY Discussion

In this type of market, both shorts and longs win. TO be honest, shorts will take the big ride after this spark which (should) exceed 109. Position traders are short now, but short term traders are long. I am watching for a NY close near 108.20 to ...

USD/JPY Discussion

CPI came in higher than expected, althought effect limited. USDJPY traded up to 108.35 before finding offers, although I believe the 108.30 swing high is exceeded and call for a 108.62 test and break later (tomorrow) towards 109.00/109.50 I will ...

USD/JPY Discussion