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benaiah replied Nov 21, 2014Should go up from here. 117.457 (Weekly R1). If it falls through, then it should find support at one of the following pivot points... 117.262 117.05 116.378
USD/JPY Discussion
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benaiah replied Nov 21, 2014Okay, almost time for me to get some rest. But current bias for me is so totally bullish on H1 time frame and above, I wouldn't even think of shorting. I also do not see any "significant" drop below current level happening any time soon. My opinion ...
USD/JPY Discussion
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benaiah replied Nov 20, 2014Sorry, got ahead of myself and thought you were responding to different post...
USD/JPY Discussion
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benaiah replied Nov 20, 2014I'm talking H4. Not sure what you mean? edit: I see the NY daily candle, and it is bullish. It does have a long tail, but it is so close to the daily pivot, I don't see it as a rejection, but as a very strong attempt to go through resistance. We ...
USD/JPY Discussion
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benaiah replied Nov 20, 2014If this ends up being a simple pull-back bounce off the 20 ema (as I anticipate it will), as has happened before, than the trend is even stronger than I thought. And probably stronger than anyone else thinks. Why? Look at an H4 (NY close) chart and ...
USD/JPY Discussion
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benaiah replied Nov 20, 2014Looks to me like we are headed back to try and break above 118.29. Since I took a break and came back, the scenery has developed such, that I'm seeing totally bullish bias on this thing on lower time frames.
USD/JPY Discussion
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benaiah replied Nov 20, 2014interesting that on the H4 chart just looks like a minor pull back to 20 ema. If current H4 candle closes strongly bullish might just continue on its merry way to 124 Just a thought...
USD/JPY Discussion
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benaiah replied Nov 20, 2014A LOT of traders trade the H1 chart. And that is one huge bearish drop on H1. Look at where price went that last time there was that big of drop in one hour... Price fell for next day or 2 after. I expect the same here... The more I think about it, ...
USD/JPY Discussion
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benaiah replied Nov 20, 2014Seriously. Dangerous to jump in now, with unpredictability of this pair. But I do feel it's going lower, as mentioned 117 or 116.65. It could always bounce though, but I'd only enter for short term profits at this point...
USD/JPY Discussion
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benaiah replied Nov 20, 2014Wait till it finds support. Or... Go short? that rhymes

USD/JPY Discussion
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benaiah replied Nov 20, 2014I was just thinking similarly, that that big bearish drop is going to scare a lot traders out of their long positions...
USD/JPY Discussion
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benaiah replied Nov 20, 2014still waiting

I'm hoping for another run up to 118.29 and see what it does there. If it falls from here, I'd consider looking for long opportunities around the 117.50-60ish area... But I'll need to leave soon for appt and won't be able to ...USD/JPY Discussion
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benaiah replied Nov 20, 2014Thanks for your message. And I agree a dangerous time to be in USDJPY mid-term. Needs to show some decisiveness.
USD/JPY Discussion
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benaiah replied Nov 20, 2014You'd don't care??
Now you're hurting my feelings. Okay, just trying to lighten things up a little. Please understand, I'm not accusing YOU of anything. Any annoyance, irritation, or sarcasm was directed at the news media. Not you. I wish I ...USD/JPY Discussion
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benaiah replied Nov 20, 2014ha ha all the talk about the weather, I completely missed your comment about 117.5 Very possible. I posted prior, that eventually break out to 118.6 or 117.6. So, we are on the same page with that

USD/JPY Discussion
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benaiah replied Nov 20, 2014Hi O I sent you a message. Check your inbox. Sorry for any offense. It was not intended...
USD/JPY Discussion