99nines
Long

UJ.. long... very long..

FX:USDJPY   U.S. Dollar/Japanese Yen
1677 52 10
Well, this moved along rapidly O.o
Kevabatai PRO
2 years ago
Hmm, Look like it gonna be the longest position holding ever... Just imagine how many years it will take its there. :D
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99nines Kevabatai
2 years ago
mmm actually no.. this should be relatively quick, you'll see ;) few months
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justatrader PRO 99nines
2 years ago
If only prices moved in a straight line, we'd all place long term trades and check a few months later for the TP to be hit. Sadly that isn't the case all the time. The analysis shows the 'best case scenario' a bullish USD with end of taper + rising bets on interest rate hikes supported by strong USD fundamentals and the BoJ launching a new round of stimulus. If you look closer, the US fundamentals aren't really as bright as it seems and perhaps you missed the writing on the wall that the fed's policy is "Data Dependent" meaning, a quarter or two of weak data can see the Fed do a turn around very quickly.

A rise to 142 is perhaps likely maybe towards the end of 2015 at the best estimate. Currency trading is not stocks trading and a buy and hold works only if one has really deep pockets and the patience to hold the trades for months and quarters together without blinking once, so to speak.
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99nines justatrader
2 years ago
Yea, see I don't concern myself with fundamentals and news, that is not what drives the markets in my humble opinion it's only the justification for what the market was going to do anyway.
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99nines 99nines
2 years ago
Case in point,
GU up
I have literally hundreds of charts like these some on this site some not.
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99nines justatrader
2 years ago
is this line straight enough for you? ;)
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justatrader PRO 99nines
2 years ago
Call it dumb luck my friend. No one saw the BoJ's easing coming this week. So a piece of advice, make hay while the sun shines. Good luck!
+1 Reply
99nines justatrader
2 years ago
Since you're new here let me show you some more examples of "dumb luck, my 'friend'"
Major up move coming on AUD?
GU up
100 Finally on EU long top (achieved July 24th)
Thoughts on UJ
down move on AUD coming
AU next moves
.... i have about 100 more like that
-1 Reply
justatrader PRO 99nines
2 years ago
Good for you and if you think i'm new here, good to know that too. And the fact that you revive this ignored thread speaks volumes. Once again, good luck and may dumb luck shower you with more pips :) Enough said!
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99nines justatrader
2 years ago
lol... I revived a ignored thread? if you ignored it why did you reply? I only pointed out the fact that is in a str8 line since you implied "if price moved in a str8 line we'd all blah blah blah".... and since you called this a "dumb luck" trade you must be new here since I've been doing it for over 2 years with similar results on countless charts... and yes dumb luck has been showering me with pips for many years now and will continue to.. just follow and collect, pretty simple
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nigwe 99nines
2 years ago
Hey, am just seeing this exchange of words. You didn't need to reply that. We know better! Keep going men!!
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99nines Kevabatai
2 years ago
It's moving along very nicely ;)
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99nines Kevabatai
2 years ago
See, it's not taking long at all lolol
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Kevabatai PRO 99nines
2 years ago
lol, This was unexpected.. XD *Instant profit overloaded*. At least it shorted my waiting time. XD

I expect it will reach 120.00 in a few.... month.
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99nines Kevabatai
2 years ago
;D
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DianKemala
2 years ago
i follow to the max as you see it ^_^
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Recluse82
2 years ago
this is a bug bullshit setup
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99nines Recluse82
2 years ago
what do you mean? lol i dont understand was that an insult?
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Recluse82 99nines
2 years ago
dont long uj unless you want lose your money
-2 Reply
99nines Recluse82
2 years ago
Thus why I said I await the 100 signal on the last top before longing i'm short UJ because with this push up (on the daily) it should have produces a signal before the move up if it was legit.. Once I get that signal these will be the targets for UJ... there is no question of that
-2 Reply
Recluse82 99nines
2 years ago
deep fall what is waiting for uj, target around 80
-2 Reply