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DR.
Nov 18, 2016 11:06 PM

USD JPY Forecast | US Dollar Japanese Yen - Here Comes Mr BULL Long

U.S. Dollar/Japanese YenFXCM

Description

UJ is gaining an enormous strength and will continue this way if Market condition remain as is....
Comments
lu1977hk
Hi Master, the kiss happened , what next on the medium term ( D, W)?
DR.
@lu1977hk, Hi there, ok, using myself as an example - will better answer your question. - as for me, I currently have long position (UJ) since 09-11-2016 --> remember : US election movement? I took advantage of UJ going South 'cos I was so sure that DT will win as he kept leading the polls - many thought HC will win.... but my Projection was right DT won and my analysis won big. - then UJ began to rally - turned up North moment -UJ hit my MA target # - then I jumped on it again facing north... been on UJ long since 104.061 and I am willing to hold it until 116. at least. 120 can never be rule out, must surely come:)

Meanwhile, just so you know : I am taking advantage of every pullbacks, events that may occur as I journey up North with UJ etc (Long Term)

* UJ = LT = 114, 115, 116, 117, 118,
* UJ =ST= Pullbacks / change of market conditions/ events = 113, 112, 111, but not beyond 111 (Short Term)

DR.
UJ is responding well to Our projection - Congrates to the LT traders who stuck around
SwingFish
I dont think 114 is possible, but 112.

114 would need a lot of help from the USD and the USD short term future is choppy
DR.
@nullx8, very possible and guarantee null - I've been toying with this bad guy for a little over a decade now full time. How about you treat me with a cup of coffee should '' UJ '' kiss 114? :)
SwingFish
@Dr., deal ! ;)
SwingFish
@Dr., well i mean't before retrace to 106 actually ;)
DR.
@nullx8, Hi son - you owe me cup of coffee :)
'hope you are having fun....
Happy trading
DR.
USD/JPY - Live Rate, Forecast, News and Analysis - DailyFX
UJ IS doing well as We projected :
DR.
--> Continuation
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