Thread: Discuss USD/JPY, GBP/JPY, and other JPY Pairs

Originally Posted by Joes

And then it might take this peer down with it. I’m waiting until the US market closes with my open positions

Stocks are selling off now and bringing strength into the USD and JPY vs. many other currencies right now.

Originally Posted by Sean Hyman

Stocks are selling off now and bringing strength into the USD and JPY vs. many other currencies right now.

Wow that was some tank

Originally Posted by Time Lord

Hi Sky,

You look to have had a good day. I missed my target of 132.50 by 50 pips, Jumped out at 133.27 because the budget was better than I had expected. I just left a small lot just in case it dropped further. Your target of 134.10 is about right, I might get lucky at b/e. Now we have had a drop 136.20 will get broken. A steady run up to 149.80. Wan will probably post his next EW chart soon.

Pleased to see your doing well.

Good luck.

Thanks time lord - yep so far so good - not perfect but like you learning all the time. It will be interesting to see the results of the number crunchers tomorrow, regarding the budget. I also look forward to Wans charts - poor bloke talk about pour the presure onto him!

Oooh, as i write this is coming down nicely for you 134.02 now. You might even get to take a nice profit on it.

Originally Posted by Joes

Wow that was some tank

Yeah, the break in stocks really helped the USD and JPY quite a bit. I agree.

Originally Posted by Sean Hyman

Yeah, the break in stocks really helped the USD and JPY quite a bit. I agree.

Thanks for your help. I'm still in the money. Today is another example how the bulls and bears can both win. It all depends on your entry level and money management.

Originally Posted by Joes

Thanks for your help. I'm still in the money. Today is another example how the bulls and bears can both win. It all depends on your entry level and money management.

Yeah, shrewd money management is always the key for sure.

Originally Posted by Sean Hyman

Yeah, shrewd money management is always the key for sure.

Ok. Out for the day. Closed all positions, although it might still tank I had enough for today, and as my mentor says "you can't go broke from taking profit." Today I hit 80% profit from my initial contribution.
Thanks all you guys here in the forum

This is my view...
Long @ 134, TP 135.2
Short @ 135.2, TP 134.6
Long @ 135.2, TP 136

This is what i see, 1H Fibo, and the support now @ 133.8-134 coincides with the daily Fibo, both acting as support

MY COUNT WILL NOT BE VALID, IF IT CLOSES UNDER 133.5

Originally Posted by Joes

Ok. Out for the day. Closed all positions, although it might still tank I had enough for today, and as my mentor says "you can't go broke from taking profit." Today I hit 80% profit from my initial contribution.
Thanks all you guys here in the forum

Joe, glad to hear you did so well. That's what its all about. Awesome, man!

Im out from all my shorts.

most of my friends are LONG. I hve to agree with them. plus i also wanna see a 138-140. Shorting from 140 area to 127 has its own enjoyment. ha ha. lol.

can someone offer me what you think is the reason for so little movement for the past while ? thanks

Originally Posted by Gooch

can someone offer me what you think is the reason for so little movement for the past while ? thanks

Lots of news coming out and ppl are sluggish. i think we will see big moves after july 1st week.

Originally Posted by cool_fx

Lots of news coming out and ppl are sluggish. i think we will see big moves after july 1st week.

Thanks cool I apreaciate your responce brother . I really thought with the news today out of the U.K that there would be a more sudden movement . Probably towards the top side . ( FOR NOW )

This is my first post..I like everyones different point of view in this thread, but place my own thoughts on trades..myself trading longer term this is what I see in the future on daily chart. (Guess I need more posts before I upload a pic)

Originally Posted by FX-Xander

This is my first post..I like everyones different point of view in this thread, but place my own thoughts on trades..myself trading longer term this is what I see in the future on daily chart. (Guess I need more posts before I upload a pic)

Welcome FX-Xander . I think you just need to post 5 or 6 times and you will be made a member , then you can upload charts and so on .