Remember to be careful with ant current open positions. BOJ Monetary Minutes due out in 3 hours.

Yen rallies over USD because of FED Yellen FOMC Minutes yesterday. Yellen's statement weeks back showed a Hawkish FED. Yesterday's FOMC Minutes showed what the FED really is, a very Dovish FED. Traders aren't confident in the FED over BOJ at the ...

OP, if you're looking for an argument you've come to the wrong place. I completely agree with your sentiment. Indicators. Lie! Trend. Lie! Charts. Lie! S/R. Lie! It took me a while to figure it. Everything listed above is based off past data. Sorry ...

At the present time, USDJPY showing "some" signs of intraday bears. For the most part, don't expect much movement from the pair this morning. - About 1 Billion in USDJPY options are set to expire between 103.00-50 levels this morning. - Consumer ...

Hit or miss, weekly economic date is practical useless in the grand scheme of the market. An hour or two of traders screaming long/short to which price usually ends undecided in direction for the remanding hours afterwards.

103.50 is the current intraday resistance level. 103.80 is the next intraday resistance level. More bad news out of Japan as regular wages decline. Consumer taxes to increase. Consumer confidence is not on the side of the Yen. [Fundamental view] ...

Here, a few nuggets of trading wisdom: url Here is a thread with some "market secrets": url

USDJPY is neither here nor there, but trading well within the Means (a price where both bulls & bears agree on). The only market participates likely to do well are those who seek to gain/loss 10-15 pips per trade. The range is tight, not much wiggle ...

Be careful with shorting USDCAD. Downward momentum is weakening and price showing signs of exhaustion. Unless some catalysis (news data or otherwise) invites more short sellers, I'd hold off from shorting at the moment (or just until 1.1120 has been ...

Back in 2010, 5 consecutive losing months. Beginning of 2013, Jan and Feb months of losses.

Some of us have been giggling for awhile now. Rule No 1: You can never predict the future of market movements. NEVER! The only thing that any trader can do is give a *educated guess* on the future of direction/price.

In five easy steps, you've basically described my trading style. Weekly/Monthly timeframe, CFTC Weekly COT Reports, Daily CME Group Volatility and Open Interest Reports, Strong Trendlines, and daily Global Macro news and data releases. But all of ...

What Angry said. If you truely want to make it in the markets, you'll need to learn more about "Order Flow" trading (as it's called) and Global Macro. Basically, it all comes down to knowing "what moves the markets" and taking advantage of this ...

It would be wise for you to impliment Stop Strategy in your future tradings. The stop isn't there to protect your position but should be put in place to protect you account from unexpected market behaviors (i.e. unexpected 200 pip move against your ...

Well said Dopey! #1 reason why traders fail. They see a need to predict instead of just following the trend. Tell me what you see and I'll tell you what direction you need to trade. Simple as that.

Basic idea of trading/investing is not hard or difficult to grasp. Buy LOW, Sell HIGH = Profit The difficult part is in yourself. Lack of education and discipline will lead any new investor down the wrong path. Anyone can push a button to place an ...

Clearing my chart of EVERYTHING, including live/streaming pricing. Just a blank, static chart and an clear mind set. Coming from equities, this is the way I started out investing. Clear chart and company information/news. Was very successful with ...

I usually advocate against the use of technical indicators. But over the years, I've realized, what works for some will not work for others. If indicators help traders make enough of an informed decision on a trade and has been doing so ...

My AHA moment: * I realized Support and Resistance levels are all that mattered. I came to this conclusion when learning, perfecting and honing my trendline drawing skill-set. Which is all what trendline trading is. Dropped the trendlines and all ...