Don't think U/J is going to hold. Now out of all longs again. 102 is going to be tough to overcome for bulls on Friday. Good luck to both sides!

USD/JPY Discussion

I just jumped back in long myself. One more new low today and I'm out, this is the last line of defense for bulls in my opinion.

USD/JPY Discussion

Yup possibly. In hindsight sells yesterday at 102.80 was very obvious, mad I didn't grab it. Will be interesting to see where week closes.

USD/JPY Discussion

I'm out of all my U/J longs with ok, not great profit. I don't understand what is happening anymore. Data was great and $ struggles.

USD/JPY Discussion

Yeah that has been the most explosive move. Have you seen this before? url Retail heavy long A/U...and retail slightly long U/J.

USD/JPY Discussion

Great #s. /ES selling off, U/J move faded, EURUSD exploding. I still have to stay long U/J though. Prob a coin flip to go up or down.

USD/JPY Discussion

2 hours 'till USD prelim GDP and unemployment claims. Last 4hr candle looks good and shows me traders are positioning longer under/at 102. When the data hits I think you could see brief spike down, but by 9:00 New York time when current 4hr candle ...

USD/JPY Discussion

Deja vu anyone? Buying back what I sold last night.

USD/JPY Discussion

4hr candle closing bad. I want to hold long the rest of the week because I don't see a big bearish engulfing candle a likely scenario and there could be some positive volatility with all the upcoming data.

USD/JPY Discussion

Yeah that is the daily close I use. I think it is good to use London open/close, both will present equal signals in the long run. Makes it confusing for us traders to communicate tho. :/ Looks like I took a bad exit earlier. Oh well glad to see the ...

USD/JPY Discussion

Looks like price wants 1.65, but has been range bound for so long. I remember shorting down around 1.5 thinking it was going to breakdown and now I'm thinking it could breakout. The real reason I'm looking at G/U is because I'm not sure if I want to ...

Cable Update (GBPUSD)

I know someone posted this a few weeks back, but just in case others haven't seen it. url Retail remains heavily long this pair.

AUD/USD

Yeah watching price all the time sometimes just gets old/is hurtful. I think the pros do control the close. Much more noticeable in the stock market where you get gaps everyday.

USD/JPY Discussion

Looks like a legit sell setup. Daily bearish engulfing candle. Retrace to 50% of that daily candle. Poor follow up 4hr candle. Out of 1/2 of my position and as a bull still all I'm looking for is range. Oh and should bulls get it over 102.50 then ...

USD/JPY Discussion

Has anyone done any research on this topic by chance? I'm interested to know if the 15 mins after 4 when /ES closes is at all important for determining the next day's direction.

Let's Trade Options

True, and also shouldnt affect one's own method.

USD/JPY Discussion

This is why I always wait for daily close if I'm still in profit and my position hasn't been hit at breakeven. Daily candle was looking pretty bad, but having patience usually pays off. Massive 4hr pinbar that some traders here are talking about. I ...

USD/JPY Discussion

This post right? url So you made this call when U/J was trading at 102.50. We then traded up to 103.50 and now currently trading at 102. So you were wrong for 100 pips, and now right for 50 pips. Doesn't seem like much to brag about. :/

USD/JPY Discussion

I've got a long just under 100 (should really have more under 100, but had a couple nasty sweepouts happen to me) and also just above 101.20. Haven't actually taken a trade yet this week.

USD/JPY Discussion

Well I'm pretty deep in the money right now so I've got some cushion, but that's not really a great reason to just hold long. Price just took out Monday's low so it is officially a bearish engulf. Still need to see where we close the daily candle ...

USD/JPY Discussion