Usdjpy

Discussion in 'Forex' started by Spectre2007, Jan 10, 2007.

  1. Looking at the chart AUDJPY most times it breaksout, it gains 80-100 pips. 94.40 + 80 pips= 95.20-95.40
     
    #21     Jan 14, 2007
  2. Beware of distributive phases in the usdjpy pair, they seem to always occur at the top end of price bands... they precede a liquidation phase usually.

    The bottoms are very fleeting. Thats the character of this pair.
     
    #22     Jan 14, 2007
  3. US inflation numbers should come in tame. Bonds will rally. Dollar with downward bias.

    Look for repeated attempted at stop runs to the outliers.

    120.00

    120.60

    Till the JPY interest rate statement.
     
    #23     Jan 15, 2007
  4. short usdjpy executed.
     
    #24     Jan 15, 2007
  5. Post news predicted price action.
     
    • boj.gif
      File size:
      4.7 KB
      Views:
      99
    #26     Jan 15, 2007
  6. Booked trades, and exited out of all trades in JPY EUR and GBP.
     
    #27     Jan 15, 2007
  7. Sell order 120.80 TP 120.00 SL 121.80
     
    #28     Jan 16, 2007
  8. covered at 120.70.
     
    #29     Jan 16, 2007
  9. Interest rate decision in 2.5 hrs. After the decision the probabilities of a rally in the usd.jpy are higher then a decline, a kneejerk reaction should test stops at lower levels, then resumption of buying should push it beyond 121.00. After the 121.60 levels are tested, then a distributive phase will set in, where it drops back down to 118.40.
     
    #30     Jan 17, 2007