DislikedHello Pet, of course, the big movements were in the Yen, the other movements were in different ways, last night I mean, thanks to the intervention of BOJ.
Cheersss
Ignored
It would seem people try to explain moves and the reason after the news, i have never been in Japan neither do i know what the the BOJ WOULD SAY WHENEVER THEY DID and to be honest I do not GIVE A HOOT nor do i even check the FF calender, ironically that was attracted me to this site the first time many many years ago, initially i used to get scared when im into a position and a big news is coming but how my trading has improved tremedously since i blanked myself to the news or any form of fundis, my charts speaks for themselves.
Before you guys starts challenging me let me just say i am not saying that people cannot trade the news succesfully, infact they are people that do but i am not one of them and will never be(personal reasons),what i am saying is that there are people who dont even know when or what news is coming out when or what they say but are highly succesfull time and time and after time again - i am a contented one of the latter.
Infact, any instrument has heavy fundamental attachment like gold or oil, i like to say away from, because that is where the major players with a lot of money and risk in the market tries to engineer the market with massive positions for hedging etc imho and use the power of the media to get the herds along with the intention of taking all their money in due time, there are not a lot of things that i hate, but i will hate say fundamentals is one of them and will argue my case anytime and anywhere, i also stay away from forums where people base analysis on fundis
At the end of the day, the judge should be the track record of trader which is how pips you have, and the rate in which you can take them in relative to losses if they are any...
MY CHARTs WILL SPEAK FOR ITSELF INDIVIDUALLY OR COLLECTIVELY, EVERYONE PLS DO WHAT WORKS FOR YOU, WISH U ALL MOE PIPS.
nevertheless trading continues...