USDJPY 110 next stop - 16th August 2016 - live in the room #2

FX:USDJPY   U.S. Dollar/Japanese Yen

please see previous usdjpy             signals to understand how well we have been trading this pair... it has finished the leg down to 99.5 before moving up to 110... we played the leg down, now time to enjoy the train north.

all eyes on the BOJ for intervention, and September looks like it is still very much in hiking mode.

congratulations to those who caught it in my chat earlier, idea is up late again with eurusd             as up to my eyeballs with clients.

All the best guys and GL
Trade active
Comment: see chart above for previous usdjpy shorts, easiest pair to trade
Comment: stops @ b/e for those who took this
Comment: b/e
900+ pips OMG
TheBanker isuru003
enjoy my friend
+2 Reply
isuru003 TheBanker
BE it is..
i lost so much money on it wish i was following you before.
+4 Reply
better late than never! :)
+1 Reply
Gino TheBanker
Darn it, I missed the 99.60's limit order by 15 minutes. Price will visit that again, my prediction :-)
:) if so we can add again
Gino TheBanker
ha ha ha what did I tell you friend, you have to trust the old man sometimes.
that's looong term trade i recon to reach back the 110 area
Hi, based on your last comment you mean don't enter this trade right now?
TheBanker LukaszMosinski
Hi Lukasz, you missed the boat on this one i am afraid
derby TheBanker
price was around 100. 80 approx, when lukaszMosinski enquired about entering the trade ..I dont quite see how he has missed your trade - if your projection is to 109.8 and the s/l hasn't been hit yet ?
+1 Reply
unless you want to suffer unnecessary draw-down?
+1 Reply
USD / JPY: The rebound is accentuated with a test of the 101, but how far can go higher before the Minutes of the Fed?
USD / JPY this morning highlights insider rebound yesterday, testing the psychological threshold of 101 with a recent high at 101.14.
Recall that yesterday, the pair fell to a low of 99.53, but the passage under 100.00 had caused a return of buyers and sellers to profit taking, which created a bouncing motion that this endures morning.
However, the threshold of 101 which is currently in the currency could be an obstacle for the moment, because of its technical importance but also because traders await tonight at 20h the minutes of the Fed, which could be very influential the Dollar.
Consolidation between 101.20 and 100.50 could be the most likely scenario in waiting. If new highs above 101.20, the next target will be at 101.50. In case of break below 100.50 support, the support to target are at 100 and 99.50.

Currently the USD / JPY moves around 101 forex.
Thats going down. Head and shoulders broken.
TheBanker BlackZeroDarko
thanks for takingthe time to comment
Put 1 standard lot on this, let's see the results, thanks.
Nice! got in it yesterday. Its gonna be fun filled ride north. :)
+1 Reply
Verna Verna
i longed 99.88
Also in and its doing well so far
Reply this is why i will keep the longs on uj
close half let the rest run at be
Interesting....direction correct, bracket of range not right. I just enjoyed this mistake lately.
@gcplau, thanks, took the risk off this trade a while back as you saw
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