I should add (as my signature points out) of course anything is possible. It could bounce off 120. But I just base my opinion on what I see the price doing, and where I see the S/R levels. So far, it has blasted past so many S/R levels, I wouldn't ...

USD/JPY Discussion

If it has blasted past 120 many times since 1999, I don't see any reason it won't blast past it again. But we will see...

USD/JPY Discussion

122 seems to me to be a more likely target before any significant pull back.

USD/JPY Discussion

Short-term, I'd look at 118.43 as the target...

USD/JPY Discussion

about to make another run at 118.40... Edit: Only thing that would change this view is H1 close below 117.68

USD/JPY Discussion

I hear ya... My comments were primarily for trading direction, not really saying anyone should jump in long right now. Just noting the directional bias. But if anyone really wants to jump in long, SL is easily placed below 117.34, as it's only ...

USD/JPY Discussion

Not sure what you mean. How are EUR and USD going in the same direction?

USD/JPY Discussion

Even if a bearish breakout of triangle, watch for a bull flag to come into play, and still eventual break out long, and trend continues on it's merry way...

USD/JPY Discussion

This pair has such a totally bullish bias it's not even funny. It's been consolidating for past 4 days. Look at the daily chart. When price is in a strong uptrend and starts consolidating, is it time to short it? Or time to look for long entries? ...

USD/JPY Discussion

Will go up from here. But we are in consolidation. Nothing exciting until break out... Edit: Look at daily chart. 5 days of inside bar situation. When the break out does occur, it will be a sustained move... Add: May look different depending on ...

USD/JPY Discussion

Not sure if this was for me. I'll respond anyway Nothing is changing this trend any time soon. So, I agree with that. We'd need to see much more volatility on D1 and H4 time frames before the trend is even a little bit threatened. As far as short ...

USD/JPY Discussion

Looking to test 117.83 again.

USD/JPY Discussion

Needs to very quickly get above 118, or could fall back 20-30 pips. I still think it will make it above 118 even if not on the first couple tries... We'll see...

USD/JPY Discussion

Absolutely agree. Definitely a lot of resistance to get through, and I expect price to stay in range for at least a day or 2... As long as the perceived bottom of the retrace holds, and so far it looks like it is holding, and that first fib level is ...

USD/JPY Discussion

fibs are cool I respect anyone's view posted here. Just want to share how I believe you can get the best use out of fibs. Note how price reacts to fib levels, it will tell you a lot about price directional bias. Price may or may not go to a ...

USD/JPY Discussion

I'm still long. Back in with tight SL at 117.562. I'm not worried unless H4 close below the 8 ema... Since this is a key level, I believe should be a strong move up soon. If I'm wrong, H4 close will confirm...

USD/JPY Discussion

Needs to get back above 117.83 now. If it bounces off again, I think I will also

USD/JPY Discussion

Or, I should say I bought. SL at 117.577

USD/JPY Discussion

buy

USD/JPY Discussion

Key level right here. Slightest bullish signal should send it back up... On the other hand, if H4 closes below 117.63, then I'd lose my short-term bullish bias...

USD/JPY Discussion