I had mentioned on here a few times before that often or many times when we see either consecutive gains for many days in either bullish trend or bearish trend watch out for a big reversal on Thursday or Friday of each week. You will see this happen ...

USD/JPY Discussion

very good call I was also thinking it would drop so I bought a fairly large position

USD/JPY Discussion

I went short at 98.6 fingers crossed..

USD/JPY Discussion

So you are saying to sell the USD against the YEN now? Where do you see the YEN gaining to or Dollar dropping to?

USD/JPY Discussion

I am sitting on the side line for now until I see something change. As of now the dollar trend is bullish. Will shor once direction changes.

USD/JPY Discussion

Dangerous to enter into a new position now as the trend is still up and has not reversed course yet.

USD/JPY Discussion

Yes, as, I am wrong at times and do make mistakes. No one is perfect but I believe we misunderstood each other here as I had two different expectations and was calling out two different possible scenarios of how I thought the market could play out.

USD/JPY Discussion

I think what he is trying to say is to sell the YEN at 98.9 and buy back after at 96.8

USD/JPY Discussion

Very true and I agree. I reckon if they plan to default this week that they will pop up the USD and market as well before the drop on Thursday and Friday this coming week. Let's see how it plays out. If we see some more USD gains then I will enter ...

USD/JPY Discussion

Monday,Tuesday and Wed. the USD was weak and in Thursday and Friday it reversed. I never claimed to be a holding a crystal ball in my hand. I expected the USD to be weak prior to the debt ceiling limit either being raised or going into default. ...

USD/JPY Discussion

Right around that 98.90 it may turn back around again and head South again back to under 97. I may take position around that price. Will monitor price at that time with chart.

USD/JPY Discussion

As I had said before of where I had noticed a trend to where if we had heavy losses on Monday thru Wed. then we would reverse or bounce on either Thursday,Friday or on both Thursday and Friday. W saw this happen again this week. I reckon that if we ...

USD/JPY Discussion

From the looks of things it is moving up. Dips can be bought for now.

USD/JPY Discussion

I just sold. Profits looked good this morning as I woke up and looked at my iPad

USD/JPY Discussion

I think we see a small pop tomorrow morning out of Japan. I went long USD at 97.29 5 day SMA shows USD building upward trend today.

USD/JPY Discussion

Before it was the Euro against the USD making new highs as the USD against the YEN made new lows recently. Both seem to have turned around in opposite directions today.

USD/JPY Discussion

Those that went long this week have to be happy today. I bought earlier on today but sold too early.

USD/JPY Discussion

USD looking bullish against YEN this morning.

USD/JPY Discussion

How long you reckon?

USD/JPY Discussion

I can see another Lehman Brothers cooking up. Sure the US can print money and continue to print money but why buy at these prices when after the default they could buy at dirt cheap prices and save more trees buy printing less money. At cheaper ...

USD/JPY Discussion