Going to load up with USD/JPY between current levels and 93.80. Most likely at 94.55 and cheaper. SL - 93.4 and TP @ 96.6

USD/JPY Discussion

I'm short from 0.75. Targeting 0.71 and 0.68-0.69. SL above 0.775. The trade is based on daily and weekly charts, so it make take a while to complete.

AUD/USD

Just broke 1.4825... horizontal neckline on my charts and down it goes.

Cable Update (GBPUSD)

Took another long at 89.38. Reason: RSI failed to break 40 level once again on 1h. SL just below today's lows.

USD/JPY Discussion

Stopped out at breakeven. Will look for shorts if the hour will close below 89.2

USD/JPY Discussion

I'm using mostly RSI, trendlines, channels for USD/JPY. If the hour will close below 89.33, then maybe I'll close that long. If it will close above, I'll hold it for at least another hour.

USD/JPY Discussion

I'm long @ 0.6435, waiting for a retracement.

AUD/USD

My long from yesterday was stopped out at breakeven. Just went long @ 89.37, 35 pip stop loss.

USD/JPY Discussion

Moved stop to BE. And I'm off to a movie theater. Easy pips to All.

USD/JPY Discussion

SL hit at breakeven. Looking for short entries again near broken trendline around 119. I guess that will be in 2-3 hours. Will go for it only if RSI declining trendline will hold.

Daily EUR/JPY analysis

Just went long @ 89.7

USD/JPY Discussion

Decided not to short, as the bias has switched higher on my charts. We may see a pullback, but IMO it's going to be limited.

Cable Update (GBPUSD)

I'll wait with my short. If the hour closes below 1.43 I'll go for it. If it will close like this or higher I'll go looking for other pairs.

Cable Update (GBPUSD)

Ok, thank you for detailed answer to my question. It was really hard for me to understand the movements in this pair. Even understanding crosses was easier for me. You mean carry trade is dead because of US and Japanese interest rates at one level? ...

USD/JPY Discussion

Thanks. It will if it breaks 1.3080-90 to the topside.

Cable Update (GBPUSD)

Think to go short at 1.43 - 30 area (on hourly close)

Cable Update (GBPUSD)

Took a short @ 117,77, sl @ breakeven. Looking at 116.86 as first target. Will look for another short during US session if it rebounds from there.

Daily EUR/JPY analysis

Appears (hourly candles) it could test the broken trendline support before heading down. or slowly crawl south.

AUD/USD

Hi arthurb, could you explain why do you prefer trading USD/JPY pair? I'm just getting to understand it. While live trading for more than a year.

USD/JPY Discussion