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USD/JPY Discussion

  • #75,681
  • Apr 12, 2018 11:17am Apr 12, 2018 11:17am
Quoting SunTrader
{quote} Wrong. Modern day Liberals And Conservatives believe that. That is not Liberalism and Conservatism.
What is happening today is what matters today. I am fully aware of the history of liberals and how they in fact were in many ways "conservative" back in the day. Modern day liberals have distorted liberalism into its current state which is now in fact about more government and more control of peoples lives. So based on what is happening today I am not wrong. My basic explanation of conservatism also IS correct.
  • #75,682
  • Apr 12, 2018 11:27am Apr 12, 2018 11:27am
Nealpek, I know my biggest problem, is I try to get it right (100%) rather than remember my job is not to get it right, my job is to put the odds in my favor.

Seeing that UJ now, yes price was up big, but it was at an area to sell, a small stop loss v. a large profit possibility makes even 50/50 profitable over the long term. Maybe that is what I am missing.
  • #75,683
  • Apr 12, 2018 11:40am Apr 12, 2018 11:40am
Quoting nealpek
{quote} Winston, my point keeps eluding you. You can say the term dogs refers to a group that want more gov, and cats less. It doesn't matter. Whether you like more or less government is still and will always be YOUR belief, period, based on all of your life experiences combined. It's unique to you. But because you share the same beliefs with others, you choose to associate yourself with the collective who call themselves cons, due to our human need to belong! That's all it is bro. When you are able to take an aerial view of things and see the 2...
No it doesn't elude me. I understand you perfectly and reject your premise that the difference between cons and libs and for that matter other paradigms of thought is nothing more than a set of irrelevant personal beliefs each of us has collected by living life. You take a step further by calling it a "programmed belief system". Again an attempt to minimize or really even degrade and make it seem unimportant (ahh your view). We are not just robots programmed to think a certain way. I can understand your desire to box it into "beliefs". They are rather large bodies of knowledge written about by people like Edmund Burke, John Locke and others. The way conservatism and liberalism is thought of today and used has changed since the original thinkers of these bodies of knowledge wrote about them.
  • #75,684
  • Apr 12, 2018 11:55am Apr 12, 2018 11:55am
Dow gains more than 350 points after Trump says Syria attack may not be imminent!!

LOL
  • #75,685
  • Apr 12, 2018 11:58am Apr 12, 2018 11:58am
Quoting nealpek
.. Holy sh*t this is deep, I need another glass of Pinot!
Right. Not that crap Merlot all the Libs drink.
  • #75,686
  • Apr 12, 2018 11:58am Apr 12, 2018 11:58am
Quoting nealpek
{quote} Besides PA and previous high, the decision to add wasn't because of this, it was because of the high but not 100% probability of what happens after an extended run that takes out a previous high and shows decent PA, and how the market likes to trap and fool traders to take wrong positions at the right time. It is all these things together or "confluence" that creates this probability. As nothing is 100%, it might not work this time. However if I repeat the same process over and over on a large sample size, it's a good probability play!!...
Awesome

Fellow posters here, if you are struggling in trade, trying to learn, or simply want to get better, I highly recommend picking Nealpek's brain. The guy not only knows his stuff, he is very helpful. Don't PM and bother him, just ask him questions here in the thread and show you are trying to learn and not looking for a quick buck.

Thank you Nealpek!
  • #75,687
  • Apr 12, 2018 12:01pm Apr 12, 2018 12:01pm
Quoting nealpek
.40 right on the nose. Not only A high, but THE high from yesterdayNow you're gettin' it! Why should today be any different than any other day? Wash, rinse, repeat! Cheers!(just had a sip)
It never stayed high for so long..it was touch and retrace.Its building a support between 107.30-107.40.It will breach 107.5 and move further higher in tommorows london session provided nothing goes wrong in Syria.
Your friendly neighbourhood Sith
  • #75,688
  • Apr 12, 2018 12:02pm Apr 12, 2018 12:02pm
Quoting nealpek
But U/J is pointing down, hehe! Vichyssoise anyone? lol
This is 4th week in green.They have thrown a porn star,trade war and a gas attack at UJ.
Your friendly neighbourhood Sith
  • #75,689
  • Apr 12, 2018 12:17pm Apr 12, 2018 12:17pm
Quoting nealpek
{quote} If it's building support here, that's wonderful. If it breaches 107.50 tomorrow, that's wonderful too! So what should I do? Any recommendations? Should I reverse positions, buy massive amounts, or hold?
looks like I am wrong
Your friendly neighbourhood Sith
  • #75,690
  • Apr 12, 2018 12:24pm Apr 12, 2018 12:24pm
looks like blood and urine samples tested positive for chemical weapons.
Your friendly neighbourhood Sith
  • #75,691
  • Apr 12, 2018 12:39pm Apr 12, 2018 12:39pm
No move in bonds all week, USDJPY ranges.

USDJPY moves to the high, BONDS start going higher.

USDJPY goes down.


You see there is only constant. One reserve currency, one bond market. It is the only real leading indicator. Causality. Action, reaction. Cause and effect.
Learn, a forex trader must, unlearn and relearn he will.
  • #75,692
  • Apr 12, 2018 12:43pm Apr 12, 2018 12:43pm
https://www.cnbc.com/2018/04/12/trum...irly-soon.html

USD fell a bit
Don't Worry Be Happy
  • #75,693
  • Apr 12, 2018 12:47pm Apr 12, 2018 12:47pm
Quoting nealpek
These people are merely putting down on paper what their beliefs are about the system and why they believe they are libs or cons. Come on, bro! Why do you think there should be less or more government? Because you read someone elses thoughts or opinions penned on a piece of paper and your beliefs were created or solidified by their thoughts on the subject! Whatever knowledge you gain throughout your life translates into thoughts and actions stemming from your belief or disbelief of the knowledge you've just acquired! Holy sh*t this is deep, I need...
Fair enough. I'm having a glass of cabernet but I also love Merlot. Especially Frog's Leap. Cheers!
  • #75,694
  • Apr 12, 2018 12:56pm Apr 12, 2018 12:56pm
Just to scr*w with everyone's minds, I hit this question in philosophy class in college.
If god is one which there is none greater than, but the universe constitutes all, which is greater, god or the universe?
Messed me up for life, lol....
  • #75,695
  • Apr 12, 2018 1:01pm Apr 12, 2018 1:01pm
Quoting nealpek
Just to scr*w with everyone's minds, I hit this question in philosophy class in college. If god is one which there is none greater than, but the universe constitutes all, which is greater, god or the universe? Messed me up for life, lol....
Way above my pay grade!
  • #75,696
  • Apr 12, 2018 1:04pm Apr 12, 2018 1:04pm
First and last time I ever witnessed a fist fight in class,lol
  • #75,697
  • Apr 12, 2018 1:14pm Apr 12, 2018 1:14pm
That is the wine talking now!!
Your friendly neighbourhood Sith
  • #75,698
  • Apr 12, 2018 1:21pm Apr 12, 2018 1:21pm
Quoting nealpek
Just to scr*w with everyone's minds, I hit this question in philosophy class in college. If god is one which there is none greater than, but the universe constitutes all, which is greater, god or the universe? Messed me up for life, lol....
God is the Universe and the Universe is God. And ..... the Universe is Us.
  • #75,699
  • Apr 12, 2018 1:22pm Apr 12, 2018 1:22pm
“If you understand or if you don't
If you believe or if you doubt
There's a universal justice
And the eyes of truth
Are always watching you”
  • #75,700
  • Apr 12, 2018 1:28pm Apr 12, 2018 1:28pm
Quoting SunTrader
{quote} God is the Universe and the Universe is God. And ..... the Universe is Us.
Sounds good to me! It was quite a while ago, but I think this was the argument that caused the fist fight, lol
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