Any daily chart will show that USDJPY is at the lower end of the trend. Would you sell at the lower end or buy at the higher end? Therefore technically selling (at the lower end) is not advised. Just my 2cents.

USD/JPY Discussion

It's my opinion. I prefer long than short. You may of course trade whatever direction and at whatever price you like. Happy trading!

USD/JPY Discussion

Another one of those slow days. Asian session not much action, let's see what the London and European sessions do.

USD/JPY Discussion

I won't sell at that price. A better short position would be 91.10 level. Technically speaking, selling is not advised. To put a SL @ 12 pips away will definitely get hit. Maybe you want to change the SL to 91.20 ?

USD/JPY Discussion

My sentiments exact. From the daily candle, its not a strong bull. I don't think this pair will go north much until the lows are tested again.

USD/JPY Discussion

I can't watch the market every minute. Who can 24/7 watch the market? Yes, we have to sleep while the market moves. This is a risky business and we have to learn to deal with it.

USD/JPY Discussion

Strong support @ 88.95/89.25 level. Is the low done for this year? Let's wait and see. I might had missed the boat to buy......

USD/JPY Discussion

Upside limited by 91.00/91.10 — As long as 91.00/91.10 is intact, the downward trend should resume.

USD/JPY Discussion

Bearish Candle Pattern Broken — The 3 day bearish candle pattern had been broken. Market has no direction for now. Risk is to the upside to test 91.00/91.10.

USD/JPY Discussion

I'm just consistently lucky, thats all. Currently I have no position. Waiting to go long, but this pair refuses to come down. Now @ 90.xx level, if it breaks upwards to the 91.00/91.10, the trend will change to target 93.50/95.xx level.

USD/JPY Discussion

A brief history — I have very high qualifications in business but I chose to quit my full-time job 5 years ago. (USD100K p.a. job) Have been trading FX ever since. It's the best career decision I've ever made. I started trading with USD10k, ...

USD/JPY Discussion

Upside limited by 91.00/91.10 for now — This is still true.

USD/JPY Discussion

It won't happen today, I think. Yes we all buy if the third day reach 88.xx and doesn't break it. If the third day still dun test at least 88.50, wait for candle pattern confirmation.

USD/JPY Discussion

That's good discipline. I'm going to crash too. Looks like nothing significant is happening today.

USD/JPY Discussion

Maybe u wanna get a partner to watch the market while u sleep? Both of u can take turns monitoring the market 24/7?

USD/JPY Discussion

I sometimes don't sleep. And when I do sleep, I dream of Forex !

USD/JPY Discussion

If it doesn't close above 91.00, expect it to test the downside for many times.

USD/JPY Discussion

If they really want to push up the USDJPY fast, all they need is to cut interest rate. Why they dun do it ? Possibly because they: themselves want a stronger yen. You think they are not playing the market everyday? Think again.

USD/JPY Discussion

93.xx ~ 95.xx — If 87.00 does not break, 02 weeks to 02 months.

USD/JPY Discussion

Buy @ 88.xx (slow candle) TP @ 95.xx. SL @ 87.00

USD/JPY Discussion