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

Originally Posted by cool_fx

lol i knew u wud do something like this and suprise ur bear brothers. he he just teasin bro.

goodluck.

Im LONG 5 lots just for fun to target 138.40. But im holding my short positions with S/L at 140s.

Lol i knew this was just a dud. i never left my huge lots.

Just closed the big ones for 50+ pips profits. :-) tat recovered some smaller losses.

i think we are heading to 135.70 (Todays pivot) and then probably a kiss to 134 area and then we will head up to 138.

Originally Posted by skydiver

I think its looking quite Bearish. On 15min and Hourly TF

All my trades for the moment are small lot sizes, 10 - 20k.
Im putting STOPS on any shorts above 140.50.
Im putting STOPS on any Longs at 135.80.

Will take quick profits as they introduce them selves.

hopefully this short works out, had quite a profit today, but friday was my day .... pfffff... too many pips

i will be out for today if my short reaches 136.3-136.4

Long @ 136.8, i don't know why i am bullish, but is a risk i am willing to take

Skydiver .. You told me once that if NYMEX WTI is up , the Yen tends down (reversal correlation) So do u think that will affect it today ?? Thanks

Originally Posted by mihaia2002

Long @ 136.8, i don't know why i am bullish, but is a risk i am willing to take

closing 136.8, zero profit, have to solve some issues, so out for the day,

happy trading

Originally Posted by cool_fx

lol any idea folks wat is happening.

its stuck but there shud be another big move coming soon.

coolfx, hey.... i can't pay attention to it now... so i am not trading but i would go SHORT @ 137

lol any idea folks wat is happening.

its stuck but there shud be another big move coming soon.

Originally Posted by cool_fx

lol any idea folks wat is happening.

its stuck but there shud be another big move coming soon.

coolfx, what did u decide to do?

this wave down should not stop until 136.5 at least... i reckon there is no direction to the market


this is what i see...

Originally Posted by Qabazard

Skydiver .. You told me once that if NYMEX WTI is up , the Yen tends down (reversal correlation) So do u think that will affect it today ?? Thanks

I remember reading that on a post myself - but it wasnt mine. Sorry I cant help.....cant remember who watches the correlation of oil.
Who was it own up!?

ADD: Im off to the dentist for a bit of drilling - should be more exciting than watching this.
Still SHORT and targeting 136.20.

Originally Posted by mihaia2002

coolfx, what did u decide to do?

this wave down should not stop until 136.5 at least... i reckon there is no direction to the market


this is what i see...

bro im holding my shorts. i sold at 137 again and will now hold it till down.

Im thinking if we break 136.5 then we are heading straight to todays pivot at 135.70

and if tat breaks then we go to last support zone around 134.80-134.30

if u r short, then i personally believe

a good and safe limit will be 135.70

1) PIVOT ZONE is there

2) the 4hr chart SMA is going there.

So both shud provide some stablility.

Im keeping 80% of my profits there, with 20% remaining im hoping for 134.70

Originally Posted by cool_fx

if u r short, then i personally believe

a good and safe limit will be 135.70

1) PIVOT ZONE is there

2) the 4hr chart SMA is going there.

So both shud provide some stablility.

Im keeping 80% of my profits there, with 20% remaining im hoping for 134.70

I just moved my shorts s/l to 136.4, very tight cuz I think it's 50/50 at that point. if it gets there, I'll be looking at 138.

Originally Posted by cool_fx

if u r short, then i personally believe

a good and safe limit will be 135.70

1) PIVOT ZONE is there

2) the 4hr chart SMA is going there.

So both shud provide some stablility.

Im keeping 80% of my profits there, with 20% remaining im hoping for 134.70

I really want to go away from the computer but i can't... LONG @ 136.26... I EXPECT 138 from this moment now. I am bullish now again...

COOLFX please be careful about this one... i know u have some large trades opened short, so i hope it will go ure way, as i have a short SL and smaller trades

Risking a very small amount, I am just testing some new indicators. Lets see if they work...

Originally Posted by skydiver

Target reached 50 pip profit.

Now LONG 136.21. Target 136.80.
Just using 5min TF on this.

hahahhaa, skydiver, what happened with the drilling? do u have ure dentist coming to ure place?

anyhow, i'm with u on this Long as written before