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USDJPY - Looking to buy today

Discussion in 'Jarratt Davis- Trading Signals' started by Jarratt Davis, Jul 7, 2014.

  1. shogunfx

    shogunfx Sergeant

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    No need. My robot is doing his job as instructed. :)
     
  2. Knight_Rider

    Knight_Rider Private, 1st Class

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    Hahaha okok. Sideway movement is damm fustrating. Yeah dropping as we speak.
     
  3. shogunfx

    shogunfx Sergeant

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  4. Forexprosignals

    Forexprosignals ForexProSignals.net Representative

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    I don't think the price will fall in a straight line, but until now there's no directly reversal sign.

    If weekly close below 101.4, it will be the first bearish sign.

    140710_112206_CQG_Integrated_Client_Chart_IUSDJPY_-_Japan_(Yen)_Index_Weekly.
     
  5. shogunfx

    shogunfx Sergeant

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    I don't know, I don't trade on large TF's, my account is too small, but as long as JPY(yellow line) continue to drop no need to worry. US session opened today with that climax selling and then buying from dips. There are still 3 hours till close. We'll see how things develops during Asian Session and tomorrow during European session. USD is now the strongest currency(green line).

    strenght meter2.
     
  6. Forexprosignals

    Forexprosignals ForexProSignals.net Representative

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    Now resistance is 101.4, 101.77, 101.90/97. support is 101.21, 100.84/75/60.

    I also not trade on such a long timeframe, just as reference.

    Good Luck!
     
  7. ahmer

    ahmer Recruit

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    No offense, Guys please stop posting you technical analysis here. Jarratt is not looking to buy USDJPY for now.
    For you reference JPY is booming fundamentally.
     
  8. shogunfx

    shogunfx Sergeant

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    And you are his advocate ?
    It's a public forum and as long as we are on topic what's the problem ?
     
  9. ahmer

    ahmer Recruit

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    ok.
    Please carry on guys. :)
     
  10. dolzsan

    dolzsan Private, 1st Class

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    Since you brought it up, could you be so kind as to share your view on JPY strength? I really don't understand such a dramatic drop of USD/JPY from a fundamental standpoint.
     

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