Forum > View Topic (Hot-Chart)
by Ashraf Laidi
Posted: Jun 24, 2009 14:06
Comments: 182
View Hot-Chart
This thread was started in response to the Hot-Chart:

USDJPY 4-week Cycles

 
SPECULATOR
LONDON, UK
Posts: 17
13 years ago
Jul 11, 2009 14:18
yes usdjpy will certainly fall further in the shorty term as it is currently a highly fashionable risk aversion trade.
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Jul 10, 2009 20:03
raj et al.. still see shorting USDJPY on teh rebounds now resistance at 93.30s especially as S&P500 dances dangerously with the 877 level.

Ashraf
TG
Singapore
Posts: 112
13 years ago
Jul 10, 2009 18:15
Hi there guys, My two cent worth is that, I believe that the basic trend of the S&P is down, as such the upside potential for the USDJPY is limited.... if the S&P closes below 877 tdy, we are geared for another down move ... as such continued JPY strength....
( still a trainee)
14raj
Kolkata, India
Posts: 210
13 years ago
Jul 10, 2009 17:31
hi Mojo,
My target for USDJPY long is for 94.80 level, not really a big one...even look at AUDUSD.Not really bad with a stop of 0.7698.I am waiting for the reply from Ashraf.I am already long in USDJPY at 9228.

regards,
Rajib.
Mojo
United States
Posted Anonymously
13 years ago
Jul 10, 2009 17:14
@14Raj

Hello Raj,

I am curious to see what Ashraf thinks about your long USDJPY idea. I am curious also though, what is your target for your USDJPY long? Are you looking for a huge retracement or just the recent pivot high of 93.50?

Thanks,

Mojo.
14raj
Kolkata, India
Posts: 210
13 years ago
Jul 10, 2009 16:54
Ashraf,
can we buy USDJPY at current market of 9228 with a stop of 9150?and also buy AUDUSD at 0.7752 with stop 0.7698?
regards,
Rajib
Pipples
Yorkshire, UK
Posts: 34
13 years ago
Jul 10, 2009 12:06
Ashraf - where do you see resistance now - on the upside? Thinking to lower my stops but wondering where to put them. Cheers.
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Jul 2, 2009 0:33
jj, right shoulder still at 97.15-20.

Ashraf
jj
New Jersey, United States
Posts: 22
13 years ago
Jul 1, 2009 19:39
re: usdjpy. sir is your 4-week cycle chart still valid or has it been broken with the big upmove? where do you see right shoulder @ 9715
Steven Blyth
London, UK
Posts: 148
13 years ago
Jul 1, 2009 19:23
Hi Rob. Im one of those who is slowly learning here so more i cannot say. Though i see there are already some responses.