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NovaFX replied Nov 21, 2017I'm blind for posing two separate scenarios, saying I wasn't sure which would play out but that I'd rather wait for confirmation before taking a position... right then
USD/JPY Discussion
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NovaFX replied Nov 21, 2017Give me a break, didn't realize you had a crystal ball
USD/JPY Discussion
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NovaFX replied Nov 21, 2017Dude relax... This is a place for discussion, your dissenting opinion is welcome and even valued but don't talk down to people who think something else, even if you're right. what is the point of that?
USD/JPY Discussion
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NovaFX replied Nov 21, 2017Yea, that's kinda where my head is at too. I had a short position open from 112.6 but I had to close it, now we're right at the point where we should be either confirming or invalidating that H&S. If it reacts higher, I would love to get short ...
USD/JPY Discussion
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NovaFX replied Aug 11, 2017It's not odd at all, this is exactly what is expected to happen every time some risk is introduced. The Japanese Yen and the Swiss Franc are safe haven currencies, so expect anytime shit hits the fan, they will strengthen.
USD/JPY Discussion
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NovaFX replied Aug 9, 2017I was expecting this thing to be moving downward much more aggressively after taking out the stops below 110.
USD/JPY Discussion
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NovaFX replied Aug 8, 2017Leave it to Trump to throw a wrench in my buy setup He's realling killing me with this fire and fury bullshit. *sigh* -____-
USD/JPY Discussion
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NovaFX replied Aug 8, 2017Anything is possible. I would like to get buy more at a lower price so I wouldn't mind. If this 4hr candle closes at or above 110.6 and engulfs the previous one that's pretty damn bullish
USD/JPY Discussion
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NovaFX replied Aug 8, 2017Along with the clear wedge on the daily, we also have a potential inverse H&S forming on the hourly Edit: Would you refer to this as a wedge? Triangle? Range? Someone please correct my terminology if wrong
USD/JPY Discussion
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NovaFX replied Aug 8, 2017Looking at the daily chart this to me is a clear buy in this area. Even if the lows don't hold, with tight stops the risk to reward ratio is ridiculous.
USD/JPY Discussion
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NovaFX replied Aug 8, 2017Finally, I've been waiting for this. I am buying hard with stops below the last low around 109.8
USD/JPY Discussion
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NovaFX replied Aug 7, 2017People are being short with you because I think there has been an influx of other people flooding in here asking for the same advice, don't take it personally. Really though this is not the right approach, no one has a crystal ball; anything anyone ...
USD/JPY Discussion
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NovaFX replied Aug 2, 2017Hmmmm. Taking profit on my long direction still seems a bit unclear.. If we fail to break up. I will take a short with stops above 111
USD/JPY Discussion
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NovaFX replied Aug 1, 2017Is it possible the bottom for USDJPY is in place? I've been trading this triangle on the daily chart for weeks now, and we may be getting a nice bullish reaction from the bottom trend line. As long as 110 holds I am long
USD/JPY Discussion