This pair drives me nuts sometimes. Its been going absolutely nowhere for over a week now, when there was plenty of news events to get it moving. Just weird how it seems to stuck in place so often.

I'd love too, believe me. However, I live in the US, so I think I'm stuck.

Wait a minute, something isn't making sense here. On 50:1 leverage, with a $63 starting balance, I'm only allowed to trade at max barely over a micro lot on GBP/JPY, and that puts me at max margin used, leaving me very vulnerable. To double my ...

Think I'm going to give this a go and see what happens... Started an account with $63... (was going to just be $50, but I had an extra $13 laying around, so I threw that in there also.) Being how I'm stuck using 50:1 leverage, I'll be taking trades ...

Wow people who were short there just got blown the hell up!! That was quick!

Basically put, at some point your going to have to have a strategy that wins greater than 50% of the time if your are trying this at a 1:2 risk/reward ratio. That being said, I think the math in your spreadsheet is wrong. Here is how I see it... ...

Yeah, Oanda stopped paying interest on account balances awhile ago. I'm wondering why suddenly its an issue? Anyways, the excuse at the time was with interest rates so low, it made no sense to continue paying interest of balances. Interest rates are ...

Sorry to hear. That setup looked good to me. Looks like the Bank of Japan news got ya.

Hey I have a question for you. Why did you put your sell stop where you have it, and not just open a trade live at the break of the triangle or at the close of 1st candle that breaks the triangle? I'm just curious... Hoping to learn something here.

Thought I would join you guys... A setup on NZD/JPY occurring on the daily time frame.

Absolutely I only trade the daily time frame. Anything below that is just to much noise for my tastes. And it doesn't take big capital... You just have to realize your not going to as many trades on the daily time frame, so imo the normal 2% risk on ...

Definitely. Nothing is easy about it. I personally don't hedge, so I'm not saying it should be done... Just saying it can be done.

Not to argue, but technically you can hedge in the US, you just have to be a little creative. Basically open up 2 accounts and do your normal trading with 1 & hedge with the other.

While you may be right (time will tell), price has been stuck within about a 100 pip range now for 4 daily bars. So he isn't wrong about no directional strength at the moment. A break in that range needs to occur before I enter.

"Little movement??? Hold my beer..." - President Trump (probably)

Be weary shorting around 110. In the past the BOJ has hinted at intervening at this level. Not sure if this is still in the cards or not, but its something to keep in mind.

Anybody have the time of the Trump/Abe meeting today? edit: Nevermind, found out, 1pm EST.

Anybody from Oanda care to explain what happened this morning to the ZAR/JPY pair? Disclosure: I didn't have any losing positions due to whatever happened, I'm just curious.

I'm seeing the same thing... Doesn't appear there was any major news overnight that would cause a large move in such a small time frame on this pair, considering it usually moves at snails pace. I'm seeing it on my Oanda demo acct. Are you using the ...