Tag Archives: JPY

JPY is most profitable in last 24 hr forex trading. No British pound longs!

The Japanese Yen is ultimate cross pair in the last 24 hours. It is the Asian markets that drive these things. Who knew? Also, where the are big USA Dollar and Euro trades? It seems no one wants to touch due to credibility. The same could be same for Great British Pound not being traded due to lack of clarity in the British parliament over Brexit. Who knew?

Get Analytics on Forex and Crypto in a non technical way

Quant Analytics

All explained in this video

 

 

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

USD/JPY Forex Update

USD/JPY Forex Update

I have been looking at the long term chart of USD/JPY and have concluded my target (even after one revision) is nowhere near high enough.

Just a 38.2% retracement of the last big decline targets near 94.00, and this could well be the minimum rally, even if the current move is a correction in a bear trend.

As such I am revising my target to 93.85.

==

I can see where you got that from , the first Big test will be around 84 to 85 if it goes that far then who knows at this point in time it is to far out for me.

 

==

Where do you have your stop? or do you use a trailing stop?

 

=

I entered the market at 76.99 with a stop at 75.30 with a target of 93.85.
I have now moved the stop up to entry level

 

 

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

#eurusd bounced off resistance @ 1,3330, feeling is, as the strongest in the Euro region they will not be cu#jpy lower but no real range

#eurusd bounced off resistance @ 1,3330, feeling is, as the strongest in the Euro region they will not be cu#jpy lower but no real range.

 

it wil be always an up and donw,, this way a few organiation can say, yes we made some more money………and a few get poorer and poorer….

 

 

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Forex? USD, EUR, JPY Outlook This Week

The USD lost more ground last week extending its drop from the early October. Interestingly its latest drop has occurred despite an uptick in risk aversion suggesting other factors are at work. Mixed US data and earnings have not given the USD much direction with a downbeat Beige Book counterbalanced by a firmer Philly Fed and housing starts.

The data have not been sufficiently weak to fuel expectations of more Fed quantitative easing but some Fed officials including Yellen, Tarullo, Evans and Rosengren in indicating that further QE could be considered. The USD has therefore been somewhat undermined but will take its cue from data releases and events in Europe this week.

This data slate will be mixed but on balance will not support more Fed QE. In particular, Q3 Real GDP is expected to come in sharply higher than in Q2, with a 2.5% annual rate expected to be revealed. Other indicators will be less positive, with October consumer confidence set to slip further and remain at a recessionary level, while September durable goods orders will decline by around 1%.

Please click on the link below to read more…

USD, EUR, JPY Outlook This Week econometer.org

The USD lost more ground last week extending its drop from the early October. Interestingly its latest drop has occurred despite an uptick in risk aversion suggesting other factors are at work. Mix…

==

as always a game a few companies playing around wit the rest of the world, to get richer and richer

 

 

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!