infofirst:


Closed 86 pips in green. The 86pips in red now back to one digit green.

wamiikechukwu:


I think we should wait for ADP non farm employment data schedule to be released by 1:30 pm..

yesterday ISM data shows that the US manufacturing sector is slowing down.

the only reason the USD is still showing signs of going bullish is because of high interest rate for bonds.

wamiikechukwu:
from the poor manufacturing data released by ISM and trump's tweet... I am expecting USDJPY to trade below 107.60-.

any contrary opinion on this.

wamiikechukwu:


As anticipated the ADP data was bad, showing that the US economy is losing steam.

let's wait for Friday NFP data, which I am expecting to be bad too...

infofirst:


Hahaha boss mi. When we go con chop the pips nah if we keep waiting

infofirst:



GBP bull are loading. Do not be caught unaware. Plan your trade and trade your plan.

femora007:
Survival of the fittest

redsox11:
Hit your SL unless you are not using SL. Dropping like stone since your buy call.

Go for it, if you can, I'm sure you are aware of the extra pressure it does bring to trading.

meshpips:
Buy USDJPY at current price.

Target 108.10

Then maybe 108.38

Happy trading!

meshpips:


My intra-week VAP analysis shows that this week's resistance is at 108.11 .

Price needs to re - visit this level 'cos that's that's where sellers would be waiting (between 108.11 - 108.407)

Regarding SL, I don't use it. I simply hedge the trade and resolve them at the appropriate support/resistance level.

I don't understand, the chart shows when you said BUY USDJPY. Price went south since then.
Are you saying you don't accept loss?? you just hedge the trade that goes against you?
So when do you release the hedge?

I thought you mentioned you update your vap value every hour?
You mentioned intra-week just now?

redsox11:




I don't understand, the chart shows when you said BUY USDJPY. Price went south since then.
Are you saying you don't accept loss?? you just hedge the trade that goes against you?
So when do you release the hedge?

I thought you mentioned you update your vap value every hour?
You mentioned intra-week just now?

infofirst:
Usdjpy... I feels 107.4*-6*...108? Anything is possible in this market. Never say never. I struggled to join the sell along the way and exit. Now I will be eyeing 107.4*-107.6* to rejoin the seller iff...

bojbest:
GU.

Where could it be going??
Any ideas? Please share

femora007:
patient pays. EurGbp hit SL but later go in the expected direction, UsdJpy too at entry but i enter again, all in good profit now

infofirst:


Make I b like you boss mi when I grow up.


@currentprice @pinbar...where are we? Kudos @pinbar with your Telegram channel. Lots of resources and insights at no cost. God bless you.

femora007:
Boss for where, I am still learning sir

infofirst:


Make I b like you boss mi when I grow up.


@currentprice @pinbar...where are we? Kudos @pinbar with your Telegram channel. Lots of resources and insights at no cost. God bless you.

redsox11:



That was close to 100% return, wow. Are you using the same method with your live account BUT with reduce risk? or some other method you are still working to perfect?

bojbest:
GU.

Where could it be going??
Any ideas? Please share

wamiikechukwu:
my humble opinion on USDJPY.

ISM will release there data on non manufacturering employment by 2:45pm trade cautiously.

remember the data they published last two days on the manufacturing employment drove USD down by 80+pips.

Also know that the non manufacturering sector makes a huge percentage of the employment.

I am on a sell though.