Disliked{quote} 108,125 closed on H1 Daily target: 108.50 - Beautiful number for the bulls. Maybe I'm on the wrong side ... H4 - 107,900 {image} {image}Ignored
I bought at 30 because it had an open (now closed) and I will hold up to 108,50.
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USD/JPY Discussion 7 replies
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long eur/jpy, gbp/jpy, usd/jpy 11 replies
EUR/USD Bollinger Band Discussion 3 replies
Suidster's GBP/JPY Discussion 19 replies
Disliked{quote} 108,125 closed on H1 Daily target: 108.50 - Beautiful number for the bulls. Maybe I'm on the wrong side ... H4 - 107,900 {image} {image}Ignored
Disliked60 hours, only 2 gaps open. What does that mean? That price will come back to 108,125 in the next few hours. And if it comes strong back to 107,815. We will see Note: if there are any errors, we will fix {image}Ignored
Disliked{quote} Since September 5, all gaps have been closed, with the exception of these 2 in blue. According to Al Brooks, a good breakout leaves gaps open, as we can see in the UJ Daily. Indicates a strong movement. In H1, although the trend is strong, 99% were closed. This can help us determine targets and stops. This last bar of H1 he closed a gap that was open and now goes towards 108.50 without having to "back to close". And red are indicated important gaps that have been closed. {image}Ignored
DislikedNice It's just that we're used to the empty gaps. But if we were to draw, it would be like a big bar. That's why Brooks says that any spacing between bar -1 and bar +1 is a "can be closed" gap. {image} {image}Ignored
Disliked{quote} Since September 5, all gaps have been closed, with the exception of these 2 in blue. According to Al Brooks, a good breakout leaves gaps open, as we can see in the UJ Daily. Indicates a strong movement. In H1, although the trend is strong, 99% were closed. This can help us determine targets and stops. This last bar of H1 he closed a gap that was open and now goes towards 108.50 without having to "back to close". And red are indicated important gaps that have been closed. {image}Ignored
DislikedWhat does a rate cut by the federal reserve mean for USD/JPY next week? source My assessment is that the value of US currency decreases and thus will short the pair. Am I interpreting that correctly? I know we usually talk technicals in here, but am trying to follow the news too. {image}Ignored
DislikedWhat does a rate cut by the federal reserve mean for USD/JPY next week? source My assessment is that the value of US currency decreases and thus will short the pair. Am I interpreting that correctly? I know we usually talk technicals in here, but am trying to follow the news too. {image}Ignored
Disliked{quote} I agree, with one cautionary piece of advice. It may be seen as a stabilizer to the dollar. Also the Yen has been driving this pair recently. Independent of the dollar. So while your logic is sound, there are other factors imhoIgnored
Disliked{quote} Now, do not be hasty, this one is a dicey one! Let's exam the facts not hopes... 1. US Macroeconomic data keeps getting better 2. China looks and act co-operative, too co-operative on converging to this US policy rate day, maybe they are feigning it to lift sentiment so that FED will have an extra reason to NOT cut rate. From all angle, China is buying time with Trump. I nefariously suspect they are keeping their omega strategy for Trumps election time to remove him from office. These if followed, means, equities will linger longer before...Ignored
Disliked{quote} {quote} I will consider both your points - I am still leaning towards shorting this pair, obviously we will know more after Wed and Thurs. Thank you for your input.Ignored