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- Indrek commented Jun 25, 2021
Bank of Japan does not allow Yen to strengthen at least until Olympic games. There is nothing to do with technical or even fundamental analysis.
GBPJPY eases from 155 mark but upside risks remain intact
- Indrek commented Jun 23, 2021
Bank of Japan is the most effective among all state banks to intervene and push Yen down if needed. Now, they are preparing for the Olumpic games and so forcing Yen to weaken as much as possible. Very brilliant job. But it will end soon, and then ...
Japan Retains Distinction of being the only G7 Country with Sub-50 PMI Composite
- Indrek commented Jun 22, 2021
Bank of Japan is doing a great job in pushing Yen down before Olympics. But it cannot do it indefinitely, so it is wise to sell at every new resistance level. It will pay off very soon very nicely.
USDJPY testing Pivot, potential for reversal
- Indrek replied Nov 5, 2017
If ATR is 16 then 3 * ATR is 48. So, if the possible entry is more than 48 pips from last low (for buy) or high (for sell) then no trade. From your picture I see that the distance from last high was around 30 pips, which means that everything was OK ...
(binned per thread starter's request) Schaff Trend Cycle
- Indrek replied Nov 4, 2017
I think, any trader should know his/her tools. That is why I suggest to do some additional reading about the indicator we use: url . Please, pay special attention to the paragraph that is dealing with indicator settings as these are up to any ...
(binned per thread starter's request) Schaff Trend Cycle
- Indrek replied Nov 4, 2017
Your result does not depend on the number of indicators. It depends on how you read the charts and indicators, and what decisions you make while managing your trades. rvanscho has showed us a way to enter the trades but everything else depends on ...
(binned per thread starter's request) Schaff Trend Cycle
- Indrek replied Nov 4, 2017
Of course one. You have to attach it twice into the same window. But with the latest version we do not need two.
(binned per thread starter's request) Schaff Trend Cycle
- Indrek replied Nov 4, 2017
I use ATR only for getting the number. As I said, I do not take a trade if last high/low is more than 3 * ATR. I have also used ATR for setting SL and TP for some systems. Usually it has been 3* ATR for SL and 4 * ATR for TP.
(binned per thread starter's request) Schaff Trend Cycle
- Indrek replied Nov 4, 2017
I use ATR of one month on any timeframe. On M30 it is 1044, on H1 - 522. Short period like 14 is not representative. We cannot make any conclusions about the market based on information from last 14 or 7 hours.
(binned per thread starter's request) Schaff Trend Cycle
- Indrek replied Nov 4, 2017
I hereby post the compiled (ex4) version of the indicator. I think it works for everyone.
(binned per thread starter's request) Schaff Trend Cycle
- Indrek replied Nov 3, 2017
It is, in fact, a rule for most systems. As market moves in waves it is best to trade from tops and bottoms of waves not against them. So, better not to take a trade if last wave low /high is too far because then the entry is too late and probably ...
(binned per thread starter's request) Schaff Trend Cycle
- Indrek replied Nov 3, 2017
Great job again! Beautiful settings with less trades that mostly give big result. But the same rule applies to these trades also - do not enter if last low/high is too far!
(binned per thread starter's request) Schaff Trend Cycle
- Indrek replied Nov 2, 2017
Congratulations! It is the best system that has been posted in FF for very long time! Couple of improvement suggestions, though: 1. If using H4 chart for main trend, better take trades from M30. If wanting to trade H1 charts then main trend should ...
(binned per thread starter's request) Schaff Trend Cycle
- Indrek commented Sep 7, 2017
Germany is the only country in Europe, whicht has so strong export power that higher prices do not hurt it but play in favour. It is proved by facts.
Draghi says recent euro Volatility source of uncertainty
- Indrek commented Sep 7, 2017
Draghi has always followed German interests. Germany is the only country in Europe that wins from strong Euro. Who cares about others...
Draghi says recent euro Volatility source of uncertainty
- Indrek commented Sep 7, 2017
Sooner or later market understands that Draghi's talk is just warm air, a verbal bullshit. Looking for Euro sell very soon.
Draghi says recent euro Volatility source of uncertainty
- Indrek commented Aug 29, 2017
I agree. As I define currency risk: USD is currency and EUR is risk
EUR/USD rises above $1.20 for the first time since January 2015
- Indrek commented Aug 29, 2017
AUD and NZD are safe heavens when market goes into panic. Otherwise, why buying sth totally worthless.
Traders move to safe haven assets as geopolitics of North Korea flare up again