Ugh man...the USD/JPY took a giant dump on me today. I feel like a toilet. It wiped out my entire last week's gains. But I'm still in the game, and tomorrow's another day!

USD/JPY Discussion

Interesting how every currency pair that spiked when the news hit rescinded back to where it started, yet the USD/JPY is stubbornly hovering around 90. Nice time to go short at an ultra discounted price. I started at 89.90.

USD/JPY Discussion

^^ You as well...I always enjoy your analysis.

USD/JPY Discussion

Thanks for the help...it's nice that I learn something new on here all the time!

USD/JPY Discussion

Ahh I see...my Fib was outdated. Just reapplied the Fib with the new numbers and I see we are at 50% right now. So yeah around 88.20 would be the right time to load up on longs. I've been watching those videos by Wade Hansen at learningmarkets.com ...

USD/JPY Discussion

Here's my chart...I hope I've anchored the Fib tool properly, (I think I have), but feel free to correct me if I'm wrong...

USD/JPY Discussion

It's an orange-coded report so I don't think it'll have much effect, but you never know.

USD/JPY Discussion

You think it'll blow right through it? Surely we'll see at least a 30 pip retracement...I can live with that.

USD/JPY Discussion

Getting ready to go long at 88.78 or so...anybody else planning for this? It marks (roughly) the 23.6% Fibonacci retracement level. Been waiting for this for a while. Hopefully we get a decent bounce.

USD/JPY Discussion

Collapse? The Dollar is recovering. Do you have some info to back up your comments, or do you just hate the US Dollar? Only someone still long at 1.51 would hate the USD this much.

EURUSD

If I may ask, what is significant about 4220? Why do people think it'll reach that point? I don't have my chart in front of me, but was that an important support level on the way down? I can't remember the down move now. Would it be a good idea to ...

EURUSD

I think it has to do with the spread. The broker with the wider spread will have a longer wick.

EURUSD

Just wondering something....my broker closed at 4PM (Eastern) and the closing price was 4143. I looked at xe.com and saw it's now at 4131. So who's trading? Banks? I thought all brokers close at 4:00...

EURUSD

Things seem to have stabalized. Go back to shorting, people. This was just a blip in the radar.

EURUSD

Blast...lost 20 pips today on this trying to short it. Was fooled by the downturn earlier. Actually had a good day on the EUR/JPY, but this one cut into the profits. Ended up only net +6 pips today.

USD/JPY Discussion

4150 Resistance? — Anyone else think that 4150 will prove to be powerful resistance? I have a pending sell order sitting there...

EURUSD

I don't think this is coming back <91.00 for a while...still, I'm being a little cautious around it. Not trading this pair until there's more of a clear direction present.

USD/JPY Discussion

Pennant forming on the 5M...get ready to catch the second wave if you missed the first! I'm retiring for the night!

EURUSD

Go Japan! Good things happen to those who wait!

EURUSD

Yeah I'm taking a break too. All the trading I've done on the USD/JPY has been based on the technical analysis videos at learningmarkets.com, and they were spot on in their analysis! The USD/JPY has retraced all the way from the 50% fib line, ...

USD/JPY Discussion