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USD/JPY Discussion

Quoting pinchapip
Dove...

Do you still use linear regression as one of your indicators?
Smiling - I sure do and that is the one indicator that is the base for all the indicators I use.
The Dove - Forex Trainer
Looks like we may actually be short here, anyone else in?
potential short on a break of the middle pivot which is at 107.60
Quoting magnumfreak
GJ = UJ * GU
lol, that's true... , thanks for your answer
... /$ -> LONG
Quoting TheDirtySerb
Looks like we may actually be short here, anyone else in?
Yep!
Quoting dove_alliance
I don't believe anyone here is scalping and if the short is too soon then why you close your longs...... For the same reason I did and that is because the threshold is there.
I’m take my +670 pips from 3 poz. And I alsso aspect short only not above daily pivot
Quoting TheDirtySerb
Looks like we may actually be short here, anyone else in?
I got back in a little while ago: on both currencies......

If it breaks the pivot at the 60 I will stay in it and if it retrace I'll take profit and wait on another entry.....
The Dove - Forex Trainer
Is there a difference between Daily pivot and Central pivot?
Quoting dove_alliance
Smiling - I sure do and that is the one indicator that is the base for all the indicators I use.
Do you mind if I pick your brain a little and ask how one can use this indicator correctly? Guided by your posts from last year I started using it but without much success because I don't understand it...now that you are back here would you mind shedding some light on how you use it?

If you don't wanna share this kind of info I will surely understand.

Thanks a million.
For he that would be deceived, let him.
I "second" the previous post on linear regression
Quoting Qwert
Is there a difference between Daily pivot and Central pivot?
Yes there is...... Central pivot is the opening of the new candle at 17:00
The Dove - Forex Trainer
Quoting dove_alliance
I got back in a little while ago: on both currencies......

If it breaks the pivot at the 60 I will stay in it and if it retrace I'll take profit and wait on another entry.....
Just curious. Will you take profit at midway 107.34 and then ride the rest out to 107.12, or what.
Quoting pinchapip
Do you mind if I pick your brain a little and ask how one can use this indicator correctly? Guided by your posts from last year I started using it but without much success because I don't understand it...now that you are back here would you mind shedding some light on how you use it?

If you don't wanna share this kind of info I will surely understand.

Thanks a million.
It's not that I don't want to share the indicators it's because you need either the intellicharts or the accucharts to set them up properly..... Then, it will take a day or more on the phone to set the parameters correctly....... Or if I could I would release the software for these indicators but I can't do that because the software is illegal in which infringement is involved.
The Dove - Forex Trainer
Quoting TheDirtySerb
Just curious. Will you take profit at midway 107.34 and then ride the rest out to 107.12, or what.
Once it breaks the pivot I'm in to the S1
The Dove - Forex Trainer
Quoting dove_alliance
Yes there is...... Central pivot is the opening of the new candle at 17:00
Just one more question re Central pivot. Is 17:00 GMT?

Thanks.
Quoting Qwert
Just one more question re Central pivot. Is 17:00 GMT?

Thanks.
Central pivots is 17:00 ET - that is also the time you calculate the daily pivot.
The Dove - Forex Trainer
Quoting dove_alliance
It's not that I don't want to share the indicators it's because you need either the intellicharts or the accucharts to set them up properly..... Then, it will take a day or more on the phone to set the parameters correctly....... Or if I could I would release the software for these indicators but I can't do that because the software is illegal in which infringement is involved.
That's fine !!! I remember now that everything you use is pretty much customized.....I get it...thats why my regressions are not working at all...

Thanks
For he that would be deceived, let him.
107.72 is a S/R level. I think the higher probability is of this going further south, at least to the 23 fib retrace of this week's upwards wave @ 107.38. Below that I see further possible support @ 106.80.

Managed to grab a nice 25 pips off the Euro move up.
Quoting thegunslinger
107.72 is a S/R level. I think the higher probability is of this going further south, at least to the 23 fib retrace of this week's upwards wave @ 107.38. Below that I see further possible support @ 106.80.

Managed to grab a nice 25 pips off the Euro move up.

Congrats! I had 17 PIPs staring me in the face, but I was greedy.
Now I'm waiting for the next round up
Quoting dwildes
Congrats! I had 17 PIPs staring me in the face, but I was greedy.
Now I'm waiting for the next round up
Smiling - yea, greed will do that.
The Dove - Forex Trainer
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