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OBsayMkMoney replied Jun 23, 2020Your logic is spot on. The USD is considered a safety currency by the world over. So when it fails, or has issues people look for a safe haven for their assets. Gold, silver, and precious metals are just that. Be careful though that you don't trade ...
USD/JPY Discussion
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OBsayMkMoney replied Jun 23, 2020Same here, except I stacked them puppies one on top of the other.
USD/JPY Discussion
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OBsayMkMoney replied Jun 23, 2020The robots are currently at 71 percent Long. This is interesting at this level. If it goes above 85 we could see some tricky footwork, however that will also signal a LONG trip north to 111. If we stay below 80 percent I see a 109 hit again. The 4h ...
USD/JPY Discussion
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OBsayMkMoney replied Jun 23, 2020Closed EU SHORT.. not long as I previously wrote... sorry. Waiting for price to hit those highs again. Looks like all Dollar pairs are going to revisit levels earlier hit. Good time to get in for some long pipage in my opinion.
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OBsayMkMoney replied Jun 23, 2020Hmmmm .. Not sure if I like this 4hr candle. We may push further down.. Or close the US market at the lows. 15M chart pointing to us closing at the lows. TP'd my longs. Added 1 short from here to the lows. Buys waiting at the lows to crowd this bus ...
USD/JPY Discussion
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OBsayMkMoney replied Jun 23, 2020Be careful the 106.5. Could bounce back to the lows off that as retail bears take profit. Although 106.75 looks better. Hopefully it hits before US lunch hour.
USD/JPY Discussion
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OBsayMkMoney replied Jun 23, 2020If I am right... plenty of time to get in here. Should ride this level for another 2 to 3 hours. Perhaps more. We ranged here for 8 hours last time.
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OBsayMkMoney replied Jun 23, 2020Long UJ. this 4hr should end around here forming a bearish engulfing and signifying the end of downtrend. If not and 106.00 breaks 105.15 on deck. I closed my shorts, opening longs. If it fails I will hedge the longs to 105.1 I was short because I ...
USD/JPY Discussion
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OBsayMkMoney replied Jun 23, 2020Long UJ. this 4hr should end around here forming a bearish engulfing and signifying the end of downtrend. If not and 106.00 breaks 105.15 on deck. I closed my shorts, opening longs. If it fails I will hedge the longs to 105.1 I was short because I ...
Daily Trading Ideas
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OBsayMkMoney replied Jun 23, 2020I don't trade the GU, or Gold. That is why I am here... to share and take.
Daily Trading Ideas
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OBsayMkMoney replied Jun 23, 2020I hope others took this ride with me.. If not. Wait until we get to the 106.2 - 106 area. We should range there throughout the day as the banks buy in for the trip to 111. image
Daily Trading Ideas
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OBsayMkMoney replied Jun 23, 2020I really hope someone took this ride with me. 106.2. I think we will range there before our trip to 111. image
USD/JPY Discussion
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OBsayMkMoney replied Jun 23, 2020Looking like a 106.2 possible hit. If so we need to be there before the 9:45 EST news for the USD. In my opinion that is. If so it will form the 4hr bullish flag. If not... 104 is the next level?
USD/JPY Discussion
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OBsayMkMoney replied Jun 23, 2020USD news comes out at 9:45. We need to be there before then.. Scratch that. Looks like 1pm
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