Perfect entry point right now

USD/JPY Discussion

So you watch the regressions along with the MA's and make entries based on that? Goodstuff.

USD/JPY Discussion

I agree that the 8600 is capping the market. I am thinking of going short there, then riding down and taking a long term position somewhere below 8400.

Aussie Pairs

MPP, I thought it was very telling that we stopped short of the 8600 level. Do you see that capping the market, like I do? BTW glad to have another trader to discuss this pair with.

Aussie Pairs

I agree, particularly with Europe and Asia on tap. I dipped in and made a few pips on the short towards 118

USD/JPY Discussion

It could bounce hard off that 117.60 as this looks like a stop chase to me.

USD/JPY Discussion

Short U/J, lets see where we go.

Aussie Pairs

I spoke too soon, 8517 is holding, plus the RBA decision makes players hold off on any big positions. I'm still bullish on this pair to 8800

Aussie Pairs

Might get that sub 8500 entry

Aussie Pairs

Good one, and we know it's not the salad you're referring to

Aussie Pairs

I think a low 8500ish entry would be optimal.

Aussie Pairs

Who knows, I'm greedy :

Aussie Pairs

Agreed, I'm also eyeng a sub 8500 long entry

Aussie Pairs

We shall see, I tend to agree, because unlike the JPY the CHF has solid and robust fundamentals and could well see the SCB raise rates to around 2.50 or 3.00 percent.

USD/CHF

Dollar down to 118.45

USD/JPY Discussion

Global equities sell off hasn't seen the rate rise reflected in the pairs. I look for the Aud/Jpy and Aud/USd to react strongly. Particularly the last pair because of the Fed announcement and then the RBA, anticipated, raise.

Aussie Pairs

It's all about the Fed Statement later today.

USD/JPY Discussion

Honestly I don't know who's asking what, I just know I see the same questions every day.

USD/JPY Discussion

I mean I'm learning from the guy, and I've been at it for a bit, but mostly different pairs. It's pure laziness if you keep asking the same questions over and over. Read the thread, I think he's answered every inquiry at least 3 times.

USD/JPY Discussion

Everyone wants a magic bullet

USD/JPY Discussion