/biz/ - Business & Finance

>>56544250
Going to delete this thread again if it moves against you? Lmao.

>>56544250
Are you saying the Yen will crash?

>>56544276
>double top
>massive divergence
>confirmation candle
no wonder you are all poor on this board, none of you know how to read a fucking chart

>>56544250
I gather your inference. Unfortunately, you're wrong again.
>inb4 learn to read a chart.
Maybe you should?

>>56544324
wtf did you just say to me jew?

>>56544250

Last time you shorted the usdjpy, it ran like a dindu from a cop.
Im so glad you can read a chart but youre fucking delusional if you think your interpretation is the only valid one.

Leart 2 macro larper.

>>56544304
Sorry. Im not a forex trader. Was just asking

>>56544494
no worries I was just being dramatic, kek. this isnt "forex" though this is just chartonomics, works the same on any chart

>>56544470
>poor noises

>>56544276
Yes

>>56544324
This means the USD is gonna shit against the Yen. If it's 1USD for 150 yen now, and 1 dollar for 100 yen later it means the Yen is stronger now.

The JPY/USD is double bottoming.

show your fucking position

>>56544717
>The JPY/USD is double bottoming.
Why would that happen?
The japanese government just intoduced new tax cuts. They increase spending and already have a giant debt load.

>>56544764
so you think it could even go to 160/170 ?

>>56544764
the us won ww3 so they're gonna stop rugpulling dollars. dollar value go down. 3rd world feels relief

>>56544250
I’m thinking of shorting the mexican peso after a year of relative strength vs every other currency. Any thoughts on this forex anon?

>>56544782
>>56544783
Japan is going full retard

>>56544304
You’re at the stage of trading where you’re thinking “it can’t be this easy”.
It literally is, if you can read a chart you’re in the top 5% of traders skill wise.

what are good things to buy with cheap Japanese Yen? I can only think of stationary and possibly tools

>>56544803
I dont watch the peso, but I can take a look

>>56544250
>if you know you know
Anyone noticed how jannies insta delete your post if you try to post the accronym?

>>56544928
it marked it as spam for me

>>56544250
Your shitty indicator didn’t do anything for you. It threw random buy and sell signals

>>56544947
I didnt invent the rsi, take your meds schizo

You shouldn't listen to this retard.

>>56544891
Limited edition anime shit to resell

>>56544821
>trades solely based on a double top on a 1M chart
Yeah definitely a top 5% forex trader.

OH wait I didn't even check the chart. He was wrong with this one too because it went up to hunt his short! Another exhibit of incompetence to post, delicious.

>>56544916
Greatly appreciate it man

>>56545181
The yen is cheap. Most people are sidelined.

>>56545265
dont argue with idiots who dont know how to read charts

>>56545252
doesnt look good, against the dollar anyway. I wouldnt do it

>>56545197
we can see the axis are different, are you actually this fucking stupid?

whats your price target for the drop?

>>56545265
cheap based on what? lines on a chart?

>>56545378
You are only reinforcing my case with your cope samefagging posts. Please keep going.

>>56545380
a lot

>>56545378
it's one jeet or kike shill samefagging, ignore him

>>56545428
Y-axis. 151 vs 160, gee I wonder!

>>56545484
>no argument
Concession accepted. Better luck next time.

>>56544250
japan finally gonna let that fucker rip into a hiroshima level event huh?

>>56545144
completely different charts btw

Also from my experience of trading Forex, you shouldn't even cross-compare the candlestick pattern fractals between currency pairs.

This shit only work in crypto and stocks bruh bruh, cmon now blud

>>56545488
Apology not accepted. Poor job all around.

>>56545466
I see what you're targeting but will it really happen based on a meme double top?. Based on fibonacci you're either targeting 105 or if you scale out further 85 doubtufl.

However we trading in this tight range for a month so expect December for it to REALLY plummet.

Need to look at Nikkei and compare to SPX as well if you really think its going south

>>56545528
>completely different charts btw
Because it's an older failed """"""""prediction"""""""".
>1pbtid
Oh hi Foreskin Anon.

>>56545542
>no argument
Concession accepted ;)

>>56545566
wtf are you talking about retard you literally think cause you memorized one GBP pattern that it applies to all patterns outside the GBP like the Yen of all currencies. Fucking imbecile

>>56545528
he is a liar, he knows he is lying and has been exposed for this lie in a previous thread, just ignore him

>>56545564
I will say it will drop at the least 700 I suspect a lot more but I do not have a crystal ball so idk I play it by price action. at least to the month 50 rsi would be the rule of thumb here

>>56545576
I'm posting the chart and prediction as it gets made and the same chart after time passes to show the prediction was wrong. You are talking nonsense about memorizing.

>>56545576
he knows I made over 200 pips on that play in the thread he took the orig image from, he is a lying sack of shit who is just here to waste your time and keep your from making money

>>56545592
>>56545626
I do not use RSI cause they are shit in Crypto and Stocks, Stoch RSI less so but still not a good indicator, Ichimoku Tenkan/Senkou line is better for crypto but I dont use for forex.

On my chart you can see it's literally showing most volume price action at $135, The short for this in fibonacci is targeting $128 short term so its probable. However the higher time frames look bullish AF

Also if you zoom out longer term is more bullish on the Monthly chart than bearish. Market Maker wants up it'll go up with MM.

>>56545626
If you are still short by the end of December I would only start taking profit at around $105 because that's zone of high probability if you do not see any bullish impulse in JPY, Nikkei looks extremely bearish imo, and looks like the best time to short it

>>56545626
>I made over 200 pips on that play
You predicted a pump and it started pumping almost exactly as you made the thread. It didn't even revisit the level where you opened the thread. The picture is proof you didn't make a dime ;)

>>56545652
I am using the month time frame, the only higher time frame is year is pointless and as my OP ss shows it is not bullish, it couldnt be more bearish

>>56545652
btw a "market maker" is just a broker, no different than a bookie. They have no effect on price and don't "want" anything other than to make their fees and commissions

>>56545684
dump*

Bottom line is I'm gonna keep saving your wrong predictions and posting them and there's nothing you can do to stop objective hard data from proving you wrong ;^)

>>56545712
yah sure bud, sounds like great fun. enjoy being poor and spending most of your waking hours on this shithole website while I am banging dimes and enjoying all my gains top kek loser

>>56545710
also notice how it didn't stop hunt shit, Market respekted the previous tip

This might be short of the year if you're right and basic TA plays out

>>56545732
>gains
Not with those predictions, sorry.
>enjoy being poor
>spending most of your waking hours on this shithole website
But Foreskin Anon, you are the one constantly making threads in this shithole website and losing money with wrong predictions.
Aren't you projecting a little bit right now?

>>56545293
Gotcha, always a pleasure to see you around. Thanks and cheers!

>>56545947
no worries bro, just short the dollar, cant lose

>>56546047
Was about to say this, the dollar is about to shit its pants hardcore, buy assets short dollar, the bull run is on

>>56544891
manga/figures priced in yen. Pretty easy really. ami ami and some others sell in yen.

printing boyos
https://www.youtube.com/watch?v=SSbBvKaM6sk

>>56547300
Had this thread bookmarked all day and was about to buy some Yen, literally had the order set and was just making some final checks right before shit dropped by 0.7. Fuck off.

>>56544250
yep. Are they finally going to do their moves to save the yen? Been waiting forever

>>56547354

>>56547447
Bought some anyway. Instantly recognized the divergence when I saw your OP pic thumbnail on the catalog. I'll give it some time to play out and check back on the trade again by new year. No leverage or forex but maybe I can squeeze a cheeky 10% gain out of this.

>>56547497
https://www.youtube.com/watch?v=PBwAxmrE194

>>56545132
thanks for all of them, don't mind the retards and faggotrex anon op

>>56547447
>>56547514
hey retard you fucked up and forgot to change your name back

>>56544250
so you think that the Yen will accrue value against the dollar simply because of the shape of the graph?
you're an idiot

Forex anon is probably my most hated tripfag. 42 was at least a linkie

>>56546047
Is there any etf to short or how can i do it?
Sorry new fag here in forex

>>56550770
The fucking dxy, don't you dare to short on the fucking meltup you fucking retard, the only thing you must short now is the dollar, buy foreign currency, idk whichever i don't trade forex, and short the dxy somehow.

These are the only /biz threads that matters anymore. Hey guys, which indicators do you use for volatile assets? and which ones do you use for non volatile ones? I know about indicators, but i struggle when trying to make a reliable strategy for algotrading.

>>56551653
>Hey guys, which indicators do you use
I was just gonna ask the same thing. I'm learning forex now and have been curious if you fellas have like a few favorites or could recommend any indicators that are essential for a new trader to focus on

>>56550500
lmao, no you are the idiot, which is why you are poor

>>56551742
>>56551653
rsi, moving averages and pivot points

>>56550420
No I didnt, you are just a moron, many such cases

>>56551863
You use the same setup for both volatile and non volatile pairs? Also, are "candle patterns" important to trade, or just a meme?

>>56551955
price action is the most important thing of all, everything else are just for reference

>>56544276
fren if this chart would print red candles it would mean that the yen would rise
what you mean would be the jpy/usd chart

>>56545428
4h vs monthly chart dude

>>56551969
Which timeframe do you recomend? RSI is kinda scuffed on 1h candles, what do you think?

>>56550500
>Fed will be pivoting soon
>literal black as pavement dumb gorilla niggers think JPY is a good bet against dollar depreciation

The literal state of sub-human TAcels who have never even heard of or taken a Econ class.

>The casino is this way you low IQ peasants.

im up 10 percent on this trade so far, Forex, you are the man, i always pay attention when you show up with advice

>>56544276
JPY is collapsing anon, USD is still the dominate fiat currency. Its about to fly against practically every countrys denomination as normalfags still think muh buttcorns are a scam.

>>56553748
Peak midwit analysis.

>>56551969
I'm thinking of buying LJPY which is a 3x long JPY short USD leveraged ETF instead of going through the hassle of making a forex account and trading on leverage. Do you know if there are any dangers I should be aware about when it comes to leveraged currency ETFs?

>>56554397
yw bro, congrats on your gainz

>>56554506
I've never dealt with ETFs but I do forex trading with cfds as well which you really dont know the difference it all works the same. I imagine etf does also. You are just betting up or down