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USD/JPY Discussion

  • #67,421
  • Jul 21, 2017 8:46am Jul 21, 2017 8:46am
Quoting AlexReid
{quote} I too learnt most of what i know from babypips.... Please link me to the page where they advise you to trade against the trend. I think maybe you should go back to babypips along with the novices before you start posting trading ideas with no reasoning except for 'you love to long'. Whether that's a joke or not it seems to be on your only justification for the trade. Anyway USD/JPY continues to drop, i'm off to make some more money.
So because the trend is down, I must SELL here?

Of cause not...

well, I started trading today and I was at babypips.com yesterday too happy?
  • #67,422
  • Jul 21, 2017 8:51am Jul 21, 2017 8:51am
Quoting Dt3
{quote} But they are not general when u get offended and resort to name calling, "clueless".
That post. Correct. I lost patience with someone who took offense with me pointing out reality. "Who knew".
  • #67,423
  • Jul 21, 2017 8:53am Jul 21, 2017 8:53am
guys the move its obvious and its waving from 114 to 108. i short all the way south and i am 20pips of doubling my account, aggressive trading. so stop everything and have your eyes on 108
  • #67,424
  • Jul 21, 2017 8:58am Jul 21, 2017 8:58am
Quoting AlexReid
{quote} I too learnt most of what i know from babypips.... Please link me to the page where they advise you to trade against the trend. I think maybe you should go back to babypips along with the novices before you start posting trading ideas with no reasoning except for 'you love to long'. Whether that's a joke or not it seems to be on your only justification for the trade. Anyway USD/JPY continues to drop, i'm off to make some more money.
Lol that first comment made me laugh
  • #67,425
  • Jul 21, 2017 9:00am Jul 21, 2017 9:00am
Quoting -sultan-
guys the move its obvious and its waving from 114 to 108. i short all the way south and i am 20pips of doubling my account, aggressive trading. so stop everything and have your eyes on 108
Finally someone with a good trade idea and reasoning behind it.
  • #67,426
  • Jul 21, 2017 9:01am Jul 21, 2017 9:01am
Quoting SunTrader
{quote} That post. Correct. I lost patience with someone who took offense with me pointing out reality. "Who knew".
Is all OK, I don't think anyone hops on FF to insult anyone purposely.
As far as buying into a down trend, pro traders do it all the time. (counter trend trade)
My edge comes from that and not worrying about being 100% right, there is no need.
Also, being able to hedge correctly is a huge factor in profitability. If your broker allows.
  • #67,427
  • Jul 21, 2017 9:04am Jul 21, 2017 9:04am
Quoting Don96
{quote} Lol that first comment made me laugh
Laugh at who lol?
  • #67,428
  • Jul 21, 2017 9:04am Jul 21, 2017 9:04am
Quoting AlexReid
{quote} Laugh at who lol?
You lol
  • #67,429
  • Jul 21, 2017 9:05am Jul 21, 2017 9:05am
Quoting Don96
{quote} You lol
Point out what made you laugh. YOU FOOL
  • #67,430
  • Jul 21, 2017 9:08am Jul 21, 2017 9:08am
This thread seems much better than the eurusd one.
  • #67,431
  • Jul 21, 2017 9:09am Jul 21, 2017 9:09am
Quoting Stillearnin
This thread seems much better than the eurusd one.
it's LIT in here mate..

people calling people 'Fools' then quickly edit

I don't do sisi moves.. if i say anything, i stand with it
  • #67,432
  • Jul 21, 2017 9:10am Jul 21, 2017 9:10am
Quoting AlexReid
{quote} Point out what made you laugh.
Point me to the part that says you should buy against the trend

It's as if going with the trend is the only thing you can do...

As an example anyway, if you go to the support and resistance parts of the website then it wont specify to only trade then in the direction of the trend so to speak... yu have a lot to learn
  • #67,433
  • Jul 21, 2017 9:13am Jul 21, 2017 9:13am
Quoting jusstin911
{quote} it's LIT in here mate.. people calling people 'Fools' then quickly edit I don't do sisi moves.. if i say anything, i stand with it
I thought maybe i should school these guys without resulting to name calling, as it seems most here are offended by the slightest negative comment. But if you want me to call you names while i question your trade ideas i will.
  • #67,434
  • Jul 21, 2017 9:19am Jul 21, 2017 9:19am
Quoting AlexReid
{quote} I thought maybe i should school these guys without resulting to name calling, as it seems most here are offended by the slightest negative comment. But if you want me to call you names while i question your trade ideas i will.
Please school us further
  • #67,435
  • Jul 21, 2017 9:20am Jul 21, 2017 9:20am
Quoting AlexReid
{quote} I thought maybe i should school these guys without resulting to name calling, as it seems most here are offended by the slightest negative comment. But if you want me to call you names while i question your trade ideas i will.
You are bluffing! I call!
  • #67,436
  • Jul 21, 2017 9:24am Jul 21, 2017 9:24am
Quoting jusstin911
{quote} So because the trend is down, I must SELL here? Of cause not... well, I started trading today and I was at babypips.com yesterday too happy?
the mathematics of up and down movement as it concerns trading is one, in which we cannot eliminate errors. As such the use of sl just incase of a little directional change which might be propelled by a newer and active pressure. Pick yourself man and follow the alternates. Remember as always it is a two sided thing.
Keep the Lights on then you can catch the rise from the dark.
  • #67,437
  • Jul 21, 2017 9:25am Jul 21, 2017 9:25am
Quoting Dt3
{quote} ... As far as buying into a down trend, pro traders do it all the time. (counter trend trade) My edge comes from that and not worrying about being 100% right, there is no need...
Yes. They do. And that is why retail traders shouldn't. The pro's eat retailers trying to do what they do. Your choice obviously but it's reality.
  • #67,438
  • Jul 21, 2017 9:26am Jul 21, 2017 9:26am
Quoting Don96
{quote} Point me to the part that says you should buy against the trend It's as if going with the trend is the only thing you can do... As an example anyway, if you go to the support and resistance parts of the website then it wont specify to only trade then in the direction of the trend so to speak... yu have a lot to learn
Name me a consistantly profitable strategy that trades only against the trend..........
Look all im saying is trading against the trend is risky, its alot harder to determine the strength and length of a pullback than it is to determine the strength and length of a breakout or trend continuation. A pullback is simply a recovery after a breakout. 9/10 times the move before the pullback is larger. So with simple logic we can determine that trading against the trend is a bad idea in general. And that trading with the trend is the more profitable option. Its not stated in babpips.com that trading with the tend is the best idea because they assume none is stupid enough to think that trading against the trend would be more profitable. They show ideas for countless strategies that trade with the trend, but none against.... Strange that isnt it it.
  • #67,439
  • Jul 21, 2017 9:33am Jul 21, 2017 9:33am
111.069 has been a strong point of demand. As we approach that level I'm curious to see if we will get a strong bounce, trend reversal, or if we will continue on through.
  • #67,440
  • Jul 21, 2017 9:46am Jul 21, 2017 9:46am
Quoting AlexReid
{quote} Name me a consistantly profitable strategy that trades only against the trend.......... Look all im saying is trading against the trend is risky, its alot harder to determine the strength and length of a pullback than it is to determine the strength and length of a breakout or trend continuation. A pullback is simply a recovery after a breakout. 9/10 times the move before the pullback is larger. So with simple logic we can determine that trading against the trend is a bad idea in general. And that trading with the trend is the more profitable...
Ken a gator edy...

And please tell me how much easier it is to deternity the strength of a breakout... or trend continuation... I didn't even read past this part of your post, I'm trying to help and telling you you have and lot to read and learn
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