That was a big M1 candle! I think the BOJ did an intervention, but they pressed the wrong button.{image}
- #87,981
- Apr 28, 2024 9:48pm Apr 28, 2024 9:48pm
- Joined Jun 2013 | Status: Trader by hobby not by profession | 7,045 Posts
- #87,982
- Apr 28, 2024 10:36pm Apr 28, 2024 10:36pm
- Joined Jun 2010 | Status: scalperzmania forex hymnology | 407 Posts
JPY and retail trader who sold USDJPY suffer now... Why they not join BRICS nation to dump USD 
... BOJ intervention no effect let's see next month
... BOJ intervention no effect let's see next month
study of behavior and mind,conscious and unconscious
- #87,983
- Apr 28, 2024 11:10pm Apr 28, 2024 11:10pm
- Joined Jul 2023 | Status: Aspiring trader | 1,132 Posts
My point is, stop gambling, stop being a dick, stop loosing money, and just wait if you really really wanna try short this thing! Last weeks candle has close super green bullish. Nothing to see here, come back next week. Have a good week people{image} {image} {image}
Drop more than 500 points
- #87,989
- Apr 28, 2024 11:55pm Apr 28, 2024 11:55pm
- Joined Jul 2011 | Status: Gold Again | 10,560 Posts
Good morning, and happy golden week to all my fellow traders in Japan! I have decided to post a few charts here because I am just so amazed at how many people keep trying to short USDJPY in the "chance" that they may catch some kind of intervention move, in particular the gamblers in the "Cable Update (GBPUSD)" thread.
It takes a lot for me to IGNORE you, but you can try.
- #87,990
- Apr 28, 2024 11:56pm Apr 28, 2024 11:56pm
- Joined Jul 2011 | Status: Gold Again | 10,560 Posts
{quote} He is not dreaming it happens , it is falling more than 300 pips till now
It takes a lot for me to IGNORE you, but you can try.
- #87,992
- Apr 29, 2024 12:47am Apr 29, 2024 12:47am
- Joined Dec 2019 | Status: Going with the flow | 2,032 Posts
{quote} After all, it seems that the sellers are not dicks
Emotional Control. Process, not outcome.
- #87,993
- Apr 29, 2024 12:48am Apr 29, 2024 12:48am
- Joined Dec 2019 | Status: Going with the flow | 2,032 Posts
{quote} Logic says, you don't need to enter a position to get lucky, just set many sell stops, boom!
Emotional Control. Process, not outcome.
- #87,997
- Apr 29, 2024 2:58am Apr 29, 2024 2:58am
- Joined Jun 2013 | Status: Trader by hobby not by profession | 7,045 Posts
- #87,998
- Apr 29, 2024 3:06am Apr 29, 2024 3:06am
- Joined Sep 2008 | Status: Trader | 2,275 Posts
Not sure, may be it's my skills which develop, may be luck but i made a fortune already. I buy every dip. Just got the low again 
I only use 1/10th of my original position but I made already 100 pips or sth. Not sure who is pushing the market so strong but thanks anyway.
Edit: I think the BOJ is in BIG trouble. Let the yen go BOJ, let it go. I mean the Yen already lost 30% of value so may be we reach soon a top. But even 160 was not enough probably. BOJ this time waited too long with intervention. I told before even a 600 pip drop from the top would not bother the carry traders because they get 600 pips interest rates per year and their avg. entry is probably 152-153. So we need 1000 pips, BOJ. I think that is even for you too much to handle. Big trouble. As I said.
Edit 2: If you need advice next time, BOJ, feel free to contact me. Cheers.
I only use 1/10th of my original position but I made already 100 pips or sth. Not sure who is pushing the market so strong but thanks anyway.
Edit: I think the BOJ is in BIG trouble. Let the yen go BOJ, let it go. I mean the Yen already lost 30% of value so may be we reach soon a top. But even 160 was not enough probably. BOJ this time waited too long with intervention. I told before even a 600 pip drop from the top would not bother the carry traders because they get 600 pips interest rates per year and their avg. entry is probably 152-153. So we need 1000 pips, BOJ. I think that is even for you too much to handle. Big trouble. As I said.
Edit 2: If you need advice next time, BOJ, feel free to contact me. Cheers.
- #87,999
- Apr 29, 2024 3:36am Apr 29, 2024 3:36am
Not sure, may be it's my skills which develop, may be luck but i made a fortune already. I buy every dip. Just got the low again
Inserted Video
- #88,000
- Apr 29, 2024 5:22am Apr 29, 2024 5:22am
- Joined Aug 2016 | Status: Trader | 10,367 Posts | Online Now
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