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USD/JPY Discussion

  • #73,201
  • Feb 9, 2018 12:38pm Feb 9, 2018 12:38pm
Quoting nealpek
{quote} The rulers of the market plan ahead, and know what's coming before we do. Everything you see on your charts isn't random by any means. It all "flows" from short term and long term goals set out way in advance of price. They know how the markets will perform before the opening bells. Who do you think is responsible for the gains and the falls? Their is no logic to their methods that we will ever understand. The key is to spot the clues they leave as to the directions they've chosen!! Same reasoning behind all the BS news releases. Great NFP...
This is the key, this post should be on a trading 101 guide
TE started 6/4/19
  • #73,202
  • Feb 9, 2018 12:40pm Feb 9, 2018 12:40pm
I hit my TP! This has been a good week for my scalping strategy. I will be personally expecting the price to be bullish next week especially now that we are in an area of supply and demand
To Pipccess and Beyond
  • #73,203
  • Feb 9, 2018 12:43pm Feb 9, 2018 12:43pm
way to go!
  • #73,204
  • Feb 9, 2018 12:46pm Feb 9, 2018 12:46pm
Thank you Nealpek!
  • #73,205
  • Feb 9, 2018 12:47pm Feb 9, 2018 12:47pm
Well done all who have made profit, no matter how much.

Hopefully its a clear ride up next week

have a great weekend!
I play the trade gamble to feed my Porsche addiction.
  • #73,206
  • Feb 9, 2018 1:05pm Feb 9, 2018 1:05pm
wow looks like some big player just stepped in to swop up usd at bargain prices, look at the sudden surge now
  • #73,207
  • Feb 9, 2018 1:05pm Feb 9, 2018 1:05pm
Great words of advice, thank you for the time helping others. I’d buy you a beer as that will really help me in my trading. Thanks mate.
I play the trade gamble to feed my Porsche addiction.
  • #73,208
  • Feb 9, 2018 1:10pm Feb 9, 2018 1:10pm
Yes! I had a buy since 108.250, now got some nice profit.. ideally wanted to TP higher up but worried it’s going to crash back down. Nealpeks word “let the trade breath” are repeating in my head..
I play the trade gamble to feed my Porsche addiction.
  • #73,209
  • Feb 9, 2018 1:15pm Feb 9, 2018 1:15pm
Careful people, price has to fill the sell void or vacuum created by the last surge!
  • #73,210
  • Feb 9, 2018 1:33pm Feb 9, 2018 1:33pm
Quoting nealpek
Careful people, price has to fill the sell void or vacuum created by the last surge!

Could the surge be the fill for the void caused by previous massive sell?
  • #73,211
  • Feb 9, 2018 1:40pm Feb 9, 2018 1:40pm
yes, until it breaks structure and finds support, we don't know its a correction or beginning of new move.
  • #73,212
  • Feb 9, 2018 1:49pm Feb 9, 2018 1:49pm
bears and bulls are having the tighhtest fight not seen in months for the past 15mins
  • #73,213
  • Feb 9, 2018 1:52pm Feb 9, 2018 1:52pm
Nealpek, thank you for your wise words. It is greatly appreciated. I have been at this a while, but it takes a LONG while and I realize this is a slow and long process. I greatly appreciate your wise and kind words.
  • #73,214
  • Feb 9, 2018 1:53pm Feb 9, 2018 1:53pm
The price bounced off a historic support from 2008!
To Pipccess and Beyond
  • #73,215
  • Feb 9, 2018 2:13pm Feb 9, 2018 2:13pm
Quoting nealpek
After trading, make sure to get away from the computer and have fun! After all, isn't this why we kill ourselves trading?,lol. Peace!
thanks mom, i bought at 108 too
Don't Worry Be Happy
  • #73,216
  • Feb 9, 2018 2:20pm Feb 9, 2018 2:20pm
Quoting nealpek
All done with Pornhub? Hope you washed your hands!
after another 60 pips, yea i'm done for today mom
Don't Worry Be Happy
  • #73,217
  • Feb 9, 2018 2:21pm Feb 9, 2018 2:21pm
Quoting nealpek
After trading, make sure to get away from the computer and have fun! After all, isn't this why we kill ourselves trading?,lol. Peace!
hard to really have fun when im in the reds...lol
  • #73,218
  • Feb 9, 2018 2:26pm Feb 9, 2018 2:26pm
stock market is not really serious about recovery just yet, i think there will be more downside to USD/JPY, EUR/USD, AUD/USD after inflation data next week is better than expected
Don't Worry Be Happy
  • #73,219
  • Feb 9, 2018 2:27pm Feb 9, 2018 2:27pm
Quoting thevegan
{quote} hard to really have fun when im in the reds...lol
Case and point from the "rules". Learn from them! When I lose a trade, my state of mind doesn't change because the loss is well within my comfort zone. Monday is a new day! Don't let it happen again!!
  • #73,220
  • Feb 9, 2018 2:34pm Feb 9, 2018 2:34pm
Nealpek, just taking a guess, but it appears you trade based on price action, no indicators, on lower time frames. You probably only follow a few pairs while doing this.

I could be completely wrong, and if you are not comfortable answer that is fine. But that is what I sort of gather looking at your charts. If so, that is very encouraging, it is how I like to trade/view the markets.
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