USD/JPY Discussion | Page 3488 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

USD/JPY

Similar Threads

USD/JPY Discussion 12 replies

NZD/JPY Discussion 12 replies

long eur/jpy, gbp/jpy, usd/jpy 11 replies

EUR/USD Bollinger Band Discussion 3 replies

Suidster's GBP/JPY Discussion 19 replies

Attachments: USD/JPY Discussion
Exit Attachments

USD/JPY Discussion

  • #69,741
  • Oct 13, 2017 9:41am Oct 13, 2017 9:41am
Quoting maverick2017
{quote} what is confusing is these price swings happen at the time of some news.
Well if you avoid them and don't concern yourself with them you won't be confused.

Let others "try" to figure them out.

If you really think about it news events are a minority of each trading day. Concerning yourself with the rest of the day instead is better use of your time IMO.
  • #69,742
  • Oct 13, 2017 9:44am Oct 13, 2017 9:44am
Quoting NagaMas
{quote} He writes for https://www.elliottwave.com/Social-Mood in addition, this is a chunk from a media http://thehill.com/blogs/pundits-blo...ration-turmoil {quote}
Where are his writings in the website? I cannot find any articles.
A trade should be based on an assumption based on facts
  • #69,743
  • Oct 13, 2017 9:47am Oct 13, 2017 9:47am
Quoting SunTrader
{quote} Well if you avoid them and don't concern yourself with them you won't be confused. Let others "try" to figure them out. If you really think about it news events are a minority of each trading day. Concerning yourself with the rest of the day instead is better use of your time IMO.
But catching a swing is very much satisfying.
"news events are a minority of each trading day" - Nice food for thought.
A trade should be based on an assumption based on facts
  • #69,744
  • Oct 13, 2017 9:50am Oct 13, 2017 9:50am
Woo Hoo the bear woke up and so did everyone else. form the green camp, the low might be in place with a retest, or it can bounce here 5 times and then we are under way.
Attached Image (click to enlarge)
Click to Enlarge Name: 3.JPG Size: 213 KB
  • #69,745
  • Oct 13, 2017 9:52am Oct 13, 2017 9:52am
Quoting MoneyFocus
{quote} Aud and Nzd has remained resilient, it might remain the case till next week. My two cents, but it could be a time to build shorts.
I did a 0.01 test of this indicator but unfortunately I couldn't use Nicholishen's indicator in the way I was hoping to use it.

I was basically trying to identify a pair for which there were likely pullbacks. For Friday, RCS identified AUDCHF was the best but, there was only one setup the entire day which is not good. Usually there are several setups in a given day.

I'm sure the indicator will be useful for others, thanks for posting it anyway Nicholishen.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCHFH1.png Size: 17 KB
Here's Tom with the weather.
  • #69,746
  • Oct 13, 2017 9:57am Oct 13, 2017 9:57am
Quoting NagaMas
{quote} can't breath LOL
ahhhhh......
  • #69,747
  • Oct 13, 2017 9:59am Oct 13, 2017 9:59am
Quoting maverick2017
{quote} Where are his writings in the website? I cannot find any articles.
not articles, but mostly he writes books on stock market, but I'm not sure how far FX market fits in stock market environment. Find the books at Amazon.

and I don't fully get in the idea, only the big picture that trend is reflection of social mood.

just research more by yourself LOL..
  • #69,748
  • Oct 13, 2017 10:01am Oct 13, 2017 10:01am
Quoting Nicholishen
{quote} ahhhhh......
meaning? you still have it alive? LOL
  • #69,749
  • Oct 13, 2017 10:05am Oct 13, 2017 10:05am
Quoting OHLC
{quote} I did a 0.01 test of this indicator but unfortunately I couldn't use Nicholishen's indicator in the way I was hoping to use it. I was basically trying to identify a pair for which there were likely pullbacks. For Friday, RCS identified AUDCHF was the best but, there was only one setup the entire day which is not good. Usually there are several setups in a given day. I'm sure the indicator will be useful for others, thanks for posting it anyway Nicholishen. {image}...
RCS isn't a tool that's intended to present signals, but rather, it's designed to give valuable insight to the trending state of the market as a whole in one single indicator.
  • #69,750
  • Oct 13, 2017 10:06am Oct 13, 2017 10:06am
Quoting NagaMas
{quote} meaning? you still have it alive? LOL
I'm breathing finally. lol
  • #69,751
  • Oct 13, 2017 10:07am Oct 13, 2017 10:07am
Quoting Nicholishen
{quote} Important caveat I forgot to mention, it requires refreshed data on all timeframes. Click thru the TF before loading to ensure refresh. I use it to look for confluence when entering exiting. I can't tell you how many times it's saved me...

well, it shows 111.700 from H4 TF great indi mate, LOL
  • #69,752
  • Oct 13, 2017 10:09am Oct 13, 2017 10:09am
Quoting NagaMas
{quote} not articles, but mostly he writes books on stock market, but I'm not sure how far FX market fits in stock market environment. Find the books at Amazon. and I don't fully get in the idea, only the big picture that trend is reflection of social mood. just research more by yourself LOL..
"trend is reflection of social mood" - not the other way around?
A trade should be based on an assumption based on facts
  • #69,753
  • Oct 13, 2017 10:09am Oct 13, 2017 10:09am
Quoting NagaMas
{quote} well, it shows 111.700 from H4 TF great indi mate, LOL
they are monthly pivot levels I guess
  • #69,754
  • Oct 13, 2017 10:11am Oct 13, 2017 10:11am
Quoting Nicholishen
{quote} RCS isn't a tool that's intended to present signals, but rather, it's designed to give valuable insight to the trending state of the market as a whole in one single indicator.
Yeah and I wasn't using it for signaling. I was trying to use it for insight but the non-default settings I was using didn't work for my purpose. You wanted some feedback on it so I'm giving it
Here's Tom with the weather.
  • #69,755
  • Oct 13, 2017 10:11am Oct 13, 2017 10:11am
Quoting maverick2017
{quote} "trend is reflection of social mood" - not the other way around?
what if the market is composed of million mood/minds?
  • #69,756
  • Oct 13, 2017 10:13am Oct 13, 2017 10:13am
Quoting NagaMas
{quote} what if the market is composed of million mood/minds?
market moves up or down. How can million moods be doing just two of these activities?
A trade should be based on an assumption based on facts
  • #69,757
  • Oct 13, 2017 10:18am Oct 13, 2017 10:18am
What are the odds that Kaplan comes out hawkish AF?
  • #69,758
  • Oct 13, 2017 10:26am Oct 13, 2017 10:26am
Quoting maverick2017
{quote} market moves up or down. How can million moods be doing just two of these activities?
people behind Governments and Central Banks, Large Banks and Financial Institutions, Professional Forex Market-Makers, Bank Forex Customers, Large Commercial Enterprises, Foreign Exchange Brokers, Traders and Speculators do that.

vast combination of people mind, price and time makes the market moving
  • #69,759
  • Oct 13, 2017 10:28am Oct 13, 2017 10:28am
Quoting NagaMas
{quote} people behind Governments and Central Banks, Large Banks and Financial Institutions, Professional Forex Market-Makers, Bank Forex Customers, Large Commercial Enterprises, Foreign Exchange Brokers, Traders and Speculators do that. vast combination of people mind, price and time makes the market moving
"price and time makes the market moving" - I don't understand this.
A trade should be based on an assumption based on facts
  • #69,760
  • Oct 13, 2017 10:32am Oct 13, 2017 10:32am
Quoting maverick2017
{quote} "price and time makes the market moving" - I don't understand this.
applied in this sentence:

"I think today price is quite oversold, I'll buy it and targeting last week high price..."
39 traders viewing now