stupid trading my way... just USDJPY

Quoting jetclub.fx

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Hey Mr. Yen, how're you doing there man... Listen, I just wanted to show you the 4 open positions that are now holding your account hostage at a 48.4% DD. Hopefully this chart I'm attaching will clearly show you what it is that you've been doing wrong. Your own ABCD chart you posted above shows the B to C leg failure to reach back and over the A point (that's a clear downtrend). Had you paid attention to those technicals, you would probably be a rich man today ;-) So anyway, the USD/JPY has been on a clear downtrend since June 2015. Printing consistent...

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Quoting arifa00000

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base on historical usdjpy ussualy will rising on Q4. oct to nov the movement rightnow aim for current year low at 108.129 but first there is 109,000 big resistance to test, maybe the reaction there can handle all your position. the bearish peak ussualy happen at sept. btw good luck mr yen happy week end

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Quoting jeanet

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Hello Mr. Yen, Cann't tell you what to do, but as you are already are in drawdown, you migth choose to wait just a little bit longer, historically according to the Commitment-of-Traders-Report de Yen tends to weaken after summerholidays till the end of the year. Starts end of august/begin september. Hope that will happen this year too, no guarantees of course, but could be that you get out of trouble over a few weeks. Kind regards/may the pips be with you.

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Quoting IPMan

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coba pips/persen profitnya dilebihin dr lossnya mas, soale diliat dari historynya mas'e keliatan nekat

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Quoting Landline

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Just keep it simple. Fancy indicator crap will make no difference at all imo. First, determine a direction long or short on any t/f, using whatever technique/tool that you're accustomed to using, could be s & r, fractals or whatever you have trust in, it doesn't really matter what it is, so long as you know how to use it. Next, don't complicate your thinking by thinking like .....yeah but my m15 is doing this or my m30 is doing that etc. it's irrelevant, and will only add to any indecision you may already have, stick to the t/f you are looking at,...

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Quoting Mr.yen

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{quote} yes thankyou...i know about that, and i have calculated for my risk..... this my reason, why i'm not open short....i don't care about small wave, but i'm waiting for big moment....Of course each trader has a different point of view...and i like to discuss..yes of course the problem is i have low capital for trade like this Definitely before the high rise UJ will return the lowest test point ...between 108.xx - 107.xx what do you think about this ?? {image}

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Quoting smikester

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{quote} Sorry I did not see the question at the end of your post and I have been away. I have two problems with your strategy. 1. You may be right that there will be a a low, followed by months/years of uptrend, but when will that take place and how much of your capital and time is invested in that view while you wait? 2. You may be right about 108.xx - 107.xx but it could go a lot lower. SPX is a bit overdue for some correction. In other words, if we are waiting for a major move upwards, why not wait until we are trading above the 20dma, for example?...

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Quoting Mr.yen

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{quote} yes thank you i will try it,,,,small pips is better then nothing, your view is very helpfull..

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