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

Went short EUR/JPY on the break of 103.40 - stop at 103.60 - lets see how this plays out - no reason for being long unless we breakout above 103.75.

Originally Posted by Alejandro Zambrano

Went short EUR/JPY on the break of 103.40 - stop at 103.60 - lets see how this plays out - no reason for being long unless we breakout above 103.75.

Hmmm. Thats what i should have done rather than telling this thread what i should have done

i'll go short at 340 if it comes back and short again if it reaches 350, a sort of scaling in.

Originally Posted by jbiggart

i'll go short at 340 if it comes back and short again if it reaches 350, a sort of scaling in.

see, i'm learning - i think

Originally Posted by jbiggart

i'll go short at 340 if it comes back and short again if it reaches 350, a sort of scaling in.

tp'd at 320, 350 short order cancelled, jumping back in on re-load. thanks v. much

think i'll short at 337 if s2 trap door doesn't open

Still the same trade. We're about half way to the goal.

Now about SSI. I looked today and saw that for every 1 Trader that is short the USD/JPY there are 6 Traders long.

Wow what an extreme. I think the SSI is pointing toward a YEN Strength and should help Carry my Cad/JPY even lower than my proposed Target. We'll See. Good Luck.

https://plus.dailyfx.com/fxcmideas/intraday-story.do?storyName=/dailyfxplus/intraday-ssi

Originally Posted by Uber FX nUblet7

Still the same trade. We're about half way to the goal.

Now about SSI. I looked today and saw that for every 1 Trader that is short the USD/JPY there are 6 Traders long.

Wow what an extreme. I think the SSI is pointing toward a YEN Strength and should help Carry my Cad/JPY even lower than my proposed Target. We'll See. Good Luck.

https://plus.dailyfx.com/fxcmideas/intraday-story.do?storyName=/dailyfxplus/intraday-ssi

Disclaimer, I think i was reading the SSI chart right. Why are so many traders betting on a reversal? This reminds me of the psychology of USD/JPY 88.00 being the unbreakable number waaaay back when. That was a long time ago.

Originally Posted by Uber FX nUblet7

Still the same trade. We're about half way to the goal.

Now about SSI. I looked today and saw that for every 1 Trader that is short the USD/JPY there are 6 Traders long.

Wow what an extreme. I think the SSI is pointing toward a YEN Strength and should help Carry my Cad/JPY even lower than my proposed Target. We'll See. Good Luck.

https://plus.dailyfx.com/fxcmideas/intraday-story.do?storyName=/dailyfxplus/intraday-ssi

'LIKE'
looking for selling opertunities - if the lambs are off to the slaughter think i'll head the other way for now

Originally Posted by Alejandro Zambrano

More signals going one way is not necessarily good as it tells us that things are getting crowed. I would not bet to much money on a reversal right now but I expect that we might get Yen weakness tomorrow. We would need to make a decision tomorrow.

I love it - we've seen that thousands times. It gets boring after a while.
Still short CADJPY for 78.30.
At the same time I'm doing partial hedge - AUDJPY already looks stretched

Originally Posted by jbiggart

think i'll short at 337 if s2 trap door doesn't open

changing short entry to 329 with 27 pt stop.
now please boune.

What time is sentiment updated in US NY time. If anyone knows please. I would like to see that report right away.

going short at 287 with 18 pt stop, think we are heading foe s3, 161% ext on big pic and support line on daily.
if we bounce before then ill short just below 50% retrace to 372
this time!

Originally Posted by Uber FX nUblet7

What time is sentiment updated in US NY time. If anyone knows please. I would like to see that report right away.

Here you go



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Originally Posted by jbiggart

changing short entry to 329 with 27 pt stop.
now please boune.

I was short and got 35 pips but priced continued to drop with an additional 25 pips well every day can't be a champagne day lol