Looks like they will pull it up to about 97.7 or so

USD/JPY Discussion

When the selling starts from Japan it only gets worse. Look for 97 or under typing on an iPad sucks when using this forum. Major lag!!!!!

USD/JPY Discussion

Back to bear mode hit max on the candle and pushed up a bit above to squeeze out shorts and dropped after. Zig Zagged up and down to take shorts and bulls to cleaners. Most likely back on its way down from here to where it was headed before it was ...

USD/JPY Discussion

If we break above 98.40-98.5 then I reckon we could be back in bull mode again

USD/JPY Discussion

I would wait as they could milk it up to 98.4 just to squeeze out the shorts. At the moment it looks like it will zig zag

USD/JPY Discussion

Best to sit back and watch today. I believe the trend is still for a weaker Dollar against the YEN these days. If so then we see a reversal at the end of this week. Most likely after late Thursday. If you are rich,can afford it and want to make ...

USD/JPY Discussion

Looks like Euro may make a crack at 1.40 and YEN a crack at 95-95.5. After that things reverse. Let us see what happens on Monday. Best to wait till late Wed. Or Thursday to trade again just like this last week.

USD/JPY Discussion

Option prices depreciate very quickly and they have expiration dates. As they get closer to expiration their value depreciates. Options works great for those who know what they are doing otherwise your account gets cleaned out very quickly. I would ...

USD/JPY Discussion

So far today we have been on schedule Good old reversal has taken place between Thursday and Friday. Most have taken profits off the table before the weekend. Birds will probably come in after opening to eat what is left. We had a pretty nice ...

USD/JPY Discussion

Broke my own rule today by not chasing and got back in with a big position at 98 but got out at 97.9 Got out too damn early though today. Can not complain though as I made money. Your prayers are being answered. We all start praying after we enter ...

USD/JPY Discussion

still got a ways to go..

USD/JPY Discussion

I think each person has and developes their own trading style and techniques. What works for some may or may not work for others.It is always good to see and look at what others here feel and think. Over time we can tell which ones are right and ...

USD/JPY Discussion

Possible but too early to tell still. Could very well see another drop.

USD/JPY Discussion

To enter now as an example would be very risky as it could easily bounce or basically get milked back up to around 98.4 or just continue to tank down from here. Flip of a coin now if you ask me. I am out and will await for next opportunity to arise.

USD/JPY Discussion

I would just book profits at +|-1% just to be safe because you never know ow how long that bar will go up or down after before bouncing back one way or another like it just did now. If you enter then trying to catch a bounce you could get screwed by ...

USD/JPY Discussion

Just about everyone and their grandma was short the S&P500 this week and sure enough just because everyone was short they milked this one up and took everyone who was short to the cleaners lol..

USD/JPY Discussion

All you need is 1 opportunity once a month and every month will have that one window opportunity. When you try to make more they take you to the cleaners. Best to just wait for that one opportunity and only play it once a month. One proper 1% drop ...

USD/JPY Discussion

Too early to go long. Barely one day of losses yet while we had about 6 days of gains.

USD/JPY Discussion

On days where you see a 1% change in either direction it is usually good to take and book profits especially on days like Thursday or Friday. When moves like this happen I have seen them reverse or reverse half way very easily to take out shorts or ...

USD/JPY Discussion

Another buying opportunity will for sure emerge. We just need to wait for bottom to form.

USD/JPY Discussion