USD/JPY First Quarter

this is brutal ... market has to break out some time tonight ... i dont even care is I get stopped out at this point .. i just want to know where i stand ..

Knox, I am seeing the same thing you mentioned, earlier. 

I am just waiting on this 100EMA to break. 

It is hard to get out of this position with all that space down below. 

These past 4 hours have been maddening. 

I am up close to 30 now. I hate to let it ride all night.
MIght be taking profit soon.

The volume is gone..this is like watching SIRI move during the market hours..

Well,  I Can't figure it, the only thing I can think is that it is manipulation in that the BOJ is not going to let it tank the day after their governor comes out and says that they are doubling down on the 2% price target.

 I hate to have the tinfoil hat, but nothing else makes much sense.

I am out with 21.88 Pips. 

Not bad, but I spent ALLLLLL day sweating this trade, great set up, and no payoff.

Oh well,  Just going to scan charts tomorrow. 

USD/JPY will have probably hit that 101.90 region and I will kick myself. 

Happy hunting, I will check in in the morning. 

I mean not everything is maipulation, it could just be a case of investors hearing the news yesterday, and not wanting to sell in the face of strong talk from the BOJ,  completely understandable. 

It would also explain the lack of volume, and the fact that it is literally sitting on the 100 EMA (1hr chart). 

All in all,  Idon't know, I can't put my finger on it, and I am not going to gamble on it. 

Well, I missed it.
Not shocking, but kind of disapointing.

I am liking this cross at the 102 mark, and think it could be good for 15-20 pips. 

Bought USD/JPY @102.023

Nice trade rick...

Zero Hedge says that Snow in California is to blame

Limit is 40 pips at 102.44

Stop is at 101.85

Well I was watching EU/JPY around 430 this morning..I thought for sure we would see 139.80s so I set a limit for 80 pips..missed by 4??!! Lol
I still like this setup will hold this puppy a bit longer but I should have taken 60 when it was there...

Come on gimme 80!!

long day and just sat down .. to recap that slow bleed last night on USD/JPY that was a pattern I very rarely see. Just a slow bleed down.. It was awful ,hit my limit @ 20 @ 6:30 am.... missed all the moves already tonight nothing will bounce around for awile.. 

long 101.900 usd/jpy

Id say thats the spot Knox looking back on charts should be descent support in this area
GL sir

pulled 8 pips .. just got back in on the break of the 20 on the 5 min @ 101.981.. the first trade was a double bottom with good support like you said Buck.. Limit 102.10  stop 101.90  One hour was over extended to the down side ..

I pulled my stop thinking 100 would be possible  as I thought a cross lower was coming on the 4hr..news helped though and then the  bottom fell out..,i missed the low while driving home but was still able to get 143 pips outta it[EU/JPY]!!

I have to get a different hotspot device or something..i have an AT&T aircard[not sure what its called just a usb device] I got from my wifes father a few yrs ago and it has worked flawlessly up until last few days.I can get it going but will freeze and laptop shows no sinal every few mins..what would you guys buy?I have to get something,working third shift sucks but I love being awake for the 3-6 am trading and leaving the laptop at home isn't an option as I still don't like making a trade from my phone if I don't have to...feels good to finally put some pips on the thread,now if we could close this other trade and go into the weekend FLAT[wink wink]still cant add any smileys or PM and I sent support an email days ago..

Sorry that's 133 and that stop at flying J cost me 20 more!!

Hell I shoulda jumped in on a buy just for the bounce,its moved 40 pips since I got home and will hit 140 again here soon..ill check in on yall when I get up early this afternoon I gotta crash before everybody gets up or I wont get to sleep until after 9am..

 

I cant believe its all the way back to mid 140s and I left another 100 pips on the table..no trading today fellas?

I just shorted USD/JPY
15 minute chart cross.

Not seeing anything I like today.
I looked this AM and again this afternoon,

Short USD/JPY @ 102.30
Limit 102.09
Stop 102.40

I like it Rick..its a tight stop but there looks to be a cross on the 4hr forming..I just dont know how far down it can go
GL sir