I agree with you. What will be the low for this year? Any ideas?

USD/JPY Discussion

Any Other Bigtimers here ? — Any Other Bigtimers here ?

USD/JPY Discussion

Watch the Daily Candle — A closing candle above 91.00 would signal an upswing to the high of 93.50 / 95.xx. A closing candle below 88.50 would signal a downward dive to 87.xx / 85.xx. If the day candle is very fast, don't buy @ ...

USD/JPY Discussion

This scenario is still in play.

USD/JPY Discussion

With most of european banks on holiday, trading should be thin.

USD/JPY Discussion

If it moves, more likely is southwards. 88.xx must be tested before any upswing. Glad to know you're profitable too.

USD/JPY Discussion

Today will be a slow day. It's not going anywhere.

USD/JPY Discussion

Thanks for the link. I find it too complicated. :nerd:

USD/JPY Discussion

What Indicator is Cotton-I-Jo using ? Any ideas ?

USD/JPY Discussion

Interesting chart. With a chart like that, are you happily making profits?

USD/JPY Discussion

Longer Term Trading Vs. Short Term Trading — Thanks. I'm just consistently lucky! I would not buy @ 88.xx. If this pair tanks, it will surely test the low of 85.xx. If you are playing Longer Term (3-6 mths), perhaps you may buy @ 88.90, like ...

USD/JPY Discussion

Yes its daily (Short Term Trading). Yes, your version also true (for Longer Term Trading).

USD/JPY Discussion

Here goes.

USD/JPY Discussion

The candle patterns suggest that its building momentum for the downside. Likely to test the lows of 88.xx and 85.xx. Any movement upside will be limited by 91.00 for now.

USD/JPY Discussion

Currently I have no position. Waiting for it to come down to put some longs.

USD/JPY Discussion

Interesting read. Thanks Mary Silvert.

USD/JPY Discussion

I have this funny feeling that if 88.xx doesn't hold, there will be a sharp dive towards 85.xx level. Let's wait and see.

USD/JPY Discussion

Change of Strategy — I will NOT be buying heavily @ 88.xx level. The daily candle formation suggests more downside. The major rally will happen (dunno when?), for now: the lows are not tested yet.

USD/JPY Discussion

Seems to me u have a unique strategy. I am unwilling to short the USDJPY (due to bad experiences in the past). So I only play long most of the time. Happy trading!

USD/JPY Discussion

Longer Term Trading. If 88.xx doesn't hold...... — If 88.xx doesn't hold, I'll set SL @ 50 pips and long again @ 85.xx.

USD/JPY Discussion