USDJPY - stay alert - for poss. reversal

Discussion in 'Forex' started by deadbroke, Aug 11, 2010.

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  1. I'm in. The trade is ON.
     
    #31     Oct 3, 2010
  2. UsdJpy no legs = corrective = will make a new low. My trade runs as-is.
     
    #32     Oct 3, 2010
  3. JSSPMK

    JSSPMK

    Come on Mr Kan, let's have a HL. Otherwise I will have to refer to you as Mr Kan't from now on.
     
    #33     Oct 4, 2010

  4. Its looking like the Sept 24 move, which if true, then is a wave 4 = corrective = we go lower. Not sure.

    If he can't get past 84.04, then he's a bum. And if he reverses there, it will confirm a wave 4. :)
     
    #34     Oct 4, 2010
  5. JSSPMK

    JSSPMK

    Low 91 is a solid magnet on monthly chart, I have little doubt that Ninja will head there. Second target is 50% retracement which coincides with divergence measured retracement around 102. If Japan is "toast" quoting Kyle Bass, then perhaps this massive monthly divergence is a sign of a huge turning point, for that JGB yields have to raise dramatically & that will kill JPY.
     
    #35     Oct 4, 2010
  6. JSSPMK

    JSSPMK

    Wyckoff against 83.15
     
    #36     Oct 4, 2010
  7. MarkB

    MarkB

    Got held up at a significant intraday resistance near overlap.
     
    #37     Oct 4, 2010



  8. That was posted on Sept 25. We know we are going to 99 and perhaps 109 and beyond :) :)

    but its tiring waiting for this clown to get going on the 4H frame. :)
     
    #38     Oct 4, 2010


  9. AND the 144 m.a. on 1H.

    Draw 4H fib grid 9-14 to 9-17. Then see the resistances

    1H lesbian resistance force @ 144 m.a. and 200 m.a. = 61.8% fib.

    4H lesbian resistance force @ same m.a. cluster @ 50% fib.

    more bitches at major downtrendline thru' 38.2% fib

    and only then we get to the daily frame.

    The bitches are in control here. :) :)

    The only thing that can get thru' these resistances is a bonafide reversal i.e. the downwave completes. Then all these bitches will run for the hills as UsdJpy charges out the gate with a hard-on.
     
    #39     Oct 4, 2010
  10. PaulRon

    PaulRon

    In at 83.30 SL 82.50 TP 92-100

    good luck all
     
    #40     Oct 4, 2010
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