Japanese Yen / U.S. Dollar

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Japanese Yen / U.S. Dollar forum


USDJPY I had sheepishly went into a buy Last night before the drop and even took a partial loss by closing some positions so I wouldn't close out early because I knew it would retrace. I was right and set my take profit right where I would have recovered my losses plus an addition $6, haha. It has barely gone up from that take profit point. It has even retreated a bit. I am fully convinced, without backing data points that there will be another test at 146.690. If it doesn't just blow straight through it, that is where it will bounce back from and head straight to 148~.
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USDJPY Holding my buy at 147 with SL at BE. Keep trading simple - We had a huge healthy retracement of the big move up, now we are consolidating. Based on past patterns, this most likely means we are gearing for the next leg up to 151-152 area on this uptrend. Nothing is guaranteed in trading, and we cannot control global events , which is why the most important thing you can do is manage your risk.


USDJPY what do you guys think now ? Still down or up ?

USDJPY the biggest for me tho..

Is the 200 ema is angled down

and boj slowly tightening, I realize there is still quite the gap in policy, but as other countries cut the yen should strengthen,
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or this trendline break
A rejection of that trend line and the lower highs and flat bottom
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USDJPY I will enter a sell here targeting london low and asia low
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