Get started

Usdjpybuy

USDJPY still bullish.A few words about the current market. Two weeks ago I wrote: The whole macro picture is still so weak that I find it really hard to write down: we're in a reflation trade now. I don't know how long it will last, but my guess is: until we get a sense how the September FOMC meeting might play out. Yes, we are still in that trade, everybody hates it (including me), because fundamentally we shouldn't be. But we see it everywhere: The market is ignoring hawkish Fedspeak It's ignoring hawkish data (NFP last week) It's rallying on dovish data ( CPI this week) Sector performance is reflationary, high-yield spreads are narrowing, breadth is strong, the Aussie is performing, Commodities are off lows and so on I still don't believe it's going to last, but for now it is what it is. So, again I reiterate my main message from the last two weeks: Strong opinions, weakly held. Being nimble. Trading the market, not expectations. That's going to be even more essential for the coming weeks.
Long
by xxpqxx999
USDJPY near to complete its correctionHi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count! We are going to discuss about USDJPY We can see a market break its strong resistance in D1. So we are expecting a strong fall near resistance. This is my opinion, I really hope this will be useful for you. This is not a financial advice. Always take trade at your own risk, Be ready and take care your money. Have a great profit ! Risk Warning: Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of the EMOTT brand based on the legal requirements in his/her country of residence........
Short
by Theranasaramd
USDJPY Hourly Levels - LongUSDJPY will continue long after the price jump during London's opening session. Based on last week's hourly charts: Buy Entry: 134.450 Targets: 134.520 | 134.620 | 134.730 | 134.860 | 135.000 Resistance: 135.200 The market is expected to be volatile today due to the release of the FOMC minutes, so trade safely and be sure to trade in smaller increments to avoid swings and set stop losses. Be sure to like this post and let me know what you think in the comments.
Long
by DollarYenQueen
2
is this the final push before we switch over to a down trend? get your lost size out it's time to trade!!! risky buy here but usdjpy has potential to close green for the week could be the last push to 135-136 region before we enter a down trend the 2 weeks is say sell so we should keep that in mind and risk appropriately entries : set pending buy at 133 when price goes below 133 we can look for more buying opportunities stop loss is 132.5 or less if selling pressure increases after it breaks 133 or it is reacting negatively to payroll news > we can either reconsider or commit to the trade tips: risk appropriately based on the amount of confidence or confluence you have on your trade never over trade or over risk, the market is full of opportunities.
Long
by shermuelinvesting
USDJPY: Inside Bar PatternUSDJPY – SPOT: Buying On Breakout Of Inside Bar Pattern Price Action: Price formed an Inside Bar Pattern overnight. Price moved higher from the Inside Bar Pattern that had formed late last week (We suggested trading the breakout of this pattern in the August 5th members' daily newsletter). Price moved higher from the Bullish Tailed Bar Signal that had formed just above the 131.49 short-term support level, early last week (We suggested trading this signal in the August 3rd members' daily newsletter). Potential Trade Idea 1: We are considering buying on a breakout of the current Inside Bar Pattern. Potential Trade Idea 2: We are considering waiting to see if the current Inside Bar Pattern turns into a Potential Bullish Fakey Setup. Potential Trade Idea 3: We are considering buying on a retracement lower to within the range of the recent Bullish Tailed Bar Signal that had formed just above the 131.49 short-term support level, early last week.
Long
by UnknownUnicorn393254
USDJPY H1: Bullish outlook seen, further upside above 134.500On the H1 time frame, prices are holding above an ascending channel and approaching the support zone at 134.500, in line with the 38.2% Fibonacci retracement and ascending channel’s support. This presents an opportunity to play the bounce to the next resistance target at 136.20. Prices are holding above the 50 EMA as well, supporting the bullish bias. Failure to hold above the 134.50 support zone could see prices push lower to the next support zone at 133.50.
Long
by T3-Consultancy
USDJPY - Buy/Long at Pullback/Support - Uptrend ContinuationUSDJPY Buy/Long Buy 134.385 Looking to buy at this level to see the continuation of the uptrend, this could be a good pull back level and this buy zone is previous resistance which could turn support. Also lines up with the 0.382 Fib level, (0.50 Fib Level is also covered by our stop los), should price decide to hit that.) After Fridays NFP results, US printed stronger than expected employment figures so I think we will continue to see bull strength. Stop: 133.828 Stop has been set at this level, i have given the 0.382/buy zone some breathing space, also as mentioned previously 0.50 fib level is covered within this stop area. if price hits stop I would no longer believe price is respecting this zone and would look for another buy opportunity at 133.00 level. TP: 136.630 Take profit has been set at 136.630 - this is a key Daily support/resistance area. Look at moving stop to break even and trailing profit.
Long
by dinomalik
USDJPY: Inside Bar PatternUSDJPY – SPOT: Inside Bar Pattern Breaks Higher Price Action: Price moved higher from the Inside Bar Pattern that had formed late last week (We suggested trading this breakout of this pattern in the August 5th members' daily newsletter). Price moved higher from the Bullish Tailed Bar Signal that had formed early last week (We suggested trading this signal in the August 3rd members' daily newsletter). Potential Trade Idea 1: We are considering buying on a retracement lower to within the range of the most recent Inside Bar breakout. Potential Trade Idea 2: We are considering buying on a retracement lower to within the range of the recent Bullish Tailed Bar Signal.
Long
by UnknownUnicorn393254
1
How to make quick 40 pips in USDJPYSince the FED last week went from an ultra hawkish stance to a more data dependant one it is clear that US data will now become even more important and volatile for USD pairs and also for the whole market. And thats great news! It means we can now extract pips from the market every time there are important US news like for example the ISM manufacturing data today. If you want to participate you can enter to my group trough the link in my bio. For the ISM report yesterday it was really easy to get 30-40 pips out of USDJPY: 1. The ISM came better than expected with 52.7 vs. 52.1 consensus. -> go long USDJPY immediately 2. Algos drove USDJPY higher for 40 pips 3. Take profit immediately when the first impulse of the move weakens. 4. Market participants realize that the most important subcomponent of the ISM, -> prices paid <- , came much lower than expected (60.0 vs 75.0 consensus) 5. USDJPY falls all the way back again I made easy peasy 40 pips and so can you next time.
Long
by PrimeTrading
Time to go long USDJPY?For the time being should not hesitate to take additional easing measures if necessary. It is appropriate for the Bank to maintain the current forward guidance for the policy rates. In this situation, it is appropriate that the Bank encourage wage increases through monetary easing, aiming to achieve the price stability target in a sustainable and stable manner. Given that a rise in some determinants of underlying inflation , such as services prices, and CPI inflation exceeding 2 percent in a stable manner have not come in sight, it is natural to continue the current monetary easing.
Long
by xxpqxx999