Note: USD/JPY is in uptrend, there is no doubt here. So, selling USD/JPY is risky.
The FED is raising rates and BOJ is still holding their negative rates. So, as a carry trading method JPY is much weaker than the USD.
And BOJ already says they are not going to raise rates anymore. Now the question may arise, WHY am I in sell mode in USD/JPY.
Reason is simple, Everything has a limit. I think USD/JPY has reached its limit. As long as it didn't break above the 135.30, it is not going to up more.
If you see its last few days moves. The USD became strong against most of the major currencies but couldn't against the JPY.
That means the current price zone matters to the investors. If you think my logic is not strong, please you can skip it...
I think after tomorrow's rate decision the USD will be weak. Because the market is priced at a 75 BP rate hike. But my mind says, the FED won't raise 75 BP. rather they will rise only 50 BP.
Why do u remove people who paid for a whole year... Just because they did not join your mentorship and copytrading... U were after me to pay u for the service and i dint find any benefit in that..no regret of not being in your paid group.. but taking money and then removing is not justified...u took rest during Ramadan the whole month..then u came back with disastrous analysis and calls on gold ..inspite of this u remove people..shame on u ..
goldtradingexpert
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@sumeethshankar, Numbrr 1. I didn’t remove you from my paid group. 2. i even didn’t share any analysis at in my tradingview as well. 3. I sick, i told you many times. 4. only the USD is strong pairs, so, last some analysis is falling. So, i keep giving you signals, it may be hurt your account. 5. long time i had given successful signals. but last 4/5 signals only missed. that's why i just stopped for some days. but i must be active, when my market will suit will me
sumeethshankar
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@goldtradingexpert, if you introspect, you will know why you failed...some of the good calls success has gone to your head and you became extremely arrogant after that.
When you become too proud, god will always show u your real worth. Any how i do not want to get into an argument but not providing service for the charge is shameful.. it's not abt sometime..Ramadan u took whole month rest.. for what reason god knows.. even labourers work in the scorching sun during Ramadan but u took the luxury of relaxing.. since then u have never been consistent on signal providing and accuracy both. If u went for find management or copy trading is ur own business, why should others suffer?
sumeethshankar
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Guys ignore my above comments.. I was wrong..i wish to delete the comments but it seems trading view doesn't have the options