- Search Metals Mine
- Ringwraith replied Feb 14, 2014
Decided to pull out of 101.7 long. 102.2 was not even touched let alone 102.7. I think the unusual strength in S&P 500 which is nearly topping even though dollar index is headed downwards is dubious at best. Meanwhile nikkei 225 is still heading ...
USD/JPY Discussion
- Ringwraith replied Feb 13, 2014
UJ is a slow burner but now I fully expect tomorrows data to come good. Cadjpy formed inverse hs and nzdjpy appears to have broken its inverse hs setup. Ride those trainz if UJ was late.
USD/JPY Discussion
- Ringwraith replied Feb 13, 2014
Mirror effect critical to asian session. Tentatively approaching a bullish candlestick.
USD/JPY Discussion
- Ringwraith replied Feb 13, 2014
Nikkei 225 leading to the asian session looks to finish the day to with a bullish bar - one that is mirrored by UJ. I wouldsay 102.6 will be cleared during europe if not asian. I think there may be a lot of short covering which can easily break ...
USD/JPY Discussion
- Ringwraith replied Feb 13, 2014
I understand but I had a concept where reduced tapering would help risk trend and hence a risk on is UJ positive. This bad dataisnt a main reareason but can be one of them.
USD/JPY Discussion
- Ringwraith replied Feb 13, 2014
I was due to the aforementioned reasons. I do think this was a good correction to resume upwards. Time will tell if this bad data will contrarily spur dollar strength....
USD/JPY Discussion
- Ringwraith replied Feb 13, 2014
Bad US data may actually be good for UJ. It may lead to prospects of reduced tapering which will help risk. Along with the technical I think this could be a fundamental driver to thw upside. Bullish.
USD/JPY Discussion
- Ringwraith replied Feb 13, 2014
Yeh seems good area to long although price is still stuck in the gutter. Prefer a break above 102.6 to bolster a bullish bias.nikkei 225 still dragging it down
USD/JPY Discussion
- Ringwraith replied Feb 12, 2014
I am using oandas fxtrade. I also have mt installed but I think one of yhe best for android is fxcm mobile platform.
USD/JPY Discussion
- Ringwraith replied Feb 12, 2014
Dont like the look of nikkei 225 potential hs and breakout will send it down in risk off.
Geppy's Geppy Thread (GBP/JPY)
- Ringwraith replied Feb 12, 2014
Very much risk off with an ominous hs pattern developing on nikkei 225. I think tomorrows data may dissapoint with further slides to the downside.
USD/JPY Discussion
- Ringwraith replied Feb 12, 2014
Tomorrow could possibly light the fireworks for 102.6 or 102.
USD/JPY Discussion
- Ringwraith replied Feb 11, 2014
There seems to be an inverse hs setup there above 102.7
USD/JPY Discussion
- Ringwraith replied Jan 31, 2014
Looking at a 1:2 scenario here. I missed my ideal entry but could attempt next week. Although the scenario will change if price closes above the 618 fib level.
NZD/JPY
- Ringwraith replied Jan 31, 2014
Price has been respecting the wedge thus far. I was hoping for a sustained break below 91 to confirm the bearish bias to continue, however it quickly bounced back into the top channel resistance. Would have liked to short here but I would rather ...
CAD/JPY
- Ringwraith replied Jan 30, 2014
You are right about the monthly and weekly timeframe looking bearish - it has also broken a rising trend line. The idea was to use enter longs above 94.54 area to continue with the BOJ wind behind its sails. However the setup should be simple ...
CAD/JPY
- Ringwraith replied Jan 30, 2014
New here but have been watching cadjpy for a bit. I also like it to the upside considering price attempted 38.2 and had a strong bounce. Although the 94.54 mark will be tough, break of that will prove very bullish. Key phase will be clearing 93 ...
CAD/JPY