If it was a short btw it should have retraced yeterday's move. its chillin between 23.6 and 38.2 fibo. The retracement should have been faster, but its not. Therefore, that should be going up. Anything can change ofcourse, but i am mostly favoring ...

USD/JPY Discussion

If you feel its a short you take the risk and short it.

USD/JPY Discussion

I wouldnt short usdjpy at this point. Even for 30-40 pips its not worth the risk. the bulls are in and its obvious.

USD/JPY Discussion

After a valid confirmation of the 107 price hold in the daily chart, this has turned into a bull market. I am now confident this could reach 108 later today and also we could see levels such as 110, 112 and even 115 in the next month or so.

USD/JPY Discussion

i have followed my plan so far. My opinion here is that if it breaks 107.70, then there is a break of the downtrend and we might head towards 112 or so.

USD/JPY Discussion

Alright. Thanks

USD/JPY Discussion

your target is?

USD/JPY Discussion

And two more things. 1) i am being very nice to the pair as i am not including any correlations with other pairs, indices, etc. another reason why it should go down (if i include those correlation) 2) I am also a buyer but i honestly dont believe ...

USD/JPY Discussion

What do you think? Please explain why you are so sure that it will go up? (in the short term) and not break the previous low of 105.98.? Looking very much forward to your reply.

USD/JPY Discussion

Yes. When the waves are coming down faster than it goes up its very possible. its basically the definition of trend - retracement. In addition to that, it tried to break key points yesterday in the morning and afternoon session but after it went ...

USD/JPY Discussion

seems like 106.25 is holding tight. If it continues to hold and goes back 106.50 this pair will be starting to go back. Hopefully NFP tomorrow either + or - will still be a good buy for the pair.

USD/JPY Discussion

Are the bulls in yet or what??

USD/JPY Discussion

The pair has managed to sell every pull back. In the minute chart for todays date it has managed to sell at the 50day MA the 200MA and at double tops with no sign reversal. Therefore, my trade plan is to buy every time it breaks. Buy1 @ 106.21 Buy2 ...

USD/JPY Discussion

USD?JPY has gone mad. No sign of recovery, although the dollar is very strong today. That could be a sign for a long term down trend, unless we start breaking levels on the upside and the big boys change their minds.

USD/JPY Discussion

Well said. I totally agree. In Terms of wish trading we all have been there. That usdjpy is not showing any appetite to go long. This is tooooo heavy. Unless it will change mind soon

USD/JPY Discussion

Next Target 101

USD/JPY Discussion

break after break after break after break

USD/JPY Discussion

On another note. If we go back and check the dollar index, we will see that in the past 2 days there is positive momentum with eur/usd and gbp/usd going down. The fact that usd/jpy is holding gives a lot of seller pressure and possibly a target less ...

USD/JPY Discussion

I agree that bears are in favor right now. Any pullback will be triggered after 106.45. But definitely good trades whoever kept the shorts from 108-107.

USD/JPY Discussion

There you go. And down it goes. No support after 106. Ready for free fall!

USD/JPY Discussion