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USD/JPY Discussion

  • #89,461
  • Apr 7, 2025 10:49am Apr 7, 2025 10:49am
Quoting ThaoAnh
{quote} {image}
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  • #89,462
  • Apr 7, 2025 11:04am Apr 7, 2025 11:04am
Quoting OAPDave
{quote} To my way of thinking this shows the problem why we really cannot help Lecedric with his trading We all have developed our OWN WAY perhaps even a favourite pair and Time-Frame but above all Trade EXPECTATION of pips Some my trade off a Daily with a minimum EXPECTATION of 100 pips Some my trade off a 4 Hr with a minimum EXPECTATION of 50 pips Some may perhaps trade off any time frame looking for 10/20 pips IMO this is were the Broker as the edge over us by giving us far too many time frames to chose from eg Suppose we were ONLY able to trade...

I get what you are saying, and totally respect it. My response would be that learning for some can come in the form of a different perspective. For me some of my best "aha" moments came from reading or watching a different style. He did say that he came here to view other's trades. This to me denotes he hasn't landed on a style that is comfortable to him. My comment though was more general and to everyone. It was a bit curt though. I agree with your assesment of time difference first off. My rebutal is this though. The 4hr being such a large block of time is comprised of all the lesser ones. In my mind 147.5 is the breaking point that will decide if we go bullish on the 4hr which would in turn trickle down. To a 5m trader, this would caution him to wait until price cleared 147.5 to add, or if he got in early to possibly shave off and wait to see. The 4hr trader. Well he would wait to see how price reacted above this level. Because as you stated, the pip count for him would be small for the risk. One of the biggest mistakes I ever made in trading was sticking to my time frame. Even though I may trade off of the 15 or 5m throughout the day, I prefer to keep my eye on the big picture as I feel those are the areas where price scares me the most as it will suddenly rip my account down then turn because some higher time frame area of support or resistance got hit.
I try to not use the names of styles of trading because all I am tryiing to offer is confluence. Someone coming in who has their own idea of the chart and is looking to see if someone else also came to the same conclusion.



It just occoured to me that you might not be referring to my chart post, but to me helping him trade in general. if so mi a culpa I read that differently.
Don't compare your trades to others. Most often the masses are the asses
  • #89,463
  • Edited 11:40am Apr 7, 2025 11:09am | Edited 11:40am
Quoting OBsayMkMoney
{quote} I get what you are saying, and totally respect it. My response would be that learning for some can come in the form of a different perspective. For me some of my best "aha" moments came from reading or watching a different style. He did say that he came here to view other's trades. This to me denotes he hasn't landed on a style that is comfortable to him. My comment though was more general and to everyone. It was a bit curt though. I agree with your assesment of time difference first off. My rebutal is this though. The 4hr being such a large...

Your chart was good
You are showing patience by letting price come to you



this would be my 4 hr
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  • #89,464
  • Apr 7, 2025 12:50pm Apr 7, 2025 12:50pm
I feel it's still bearish because of the price action, but don't listen to me, I'm just a beginner.
  • #89,465
  • Edited 9:09pm Apr 7, 2025 2:43pm | Edited 9:09pm
Quoting PianistMat
I feel it's still bearish because of the price action, but don't listen to me, I'm just a beginner.

I would tend to agree. I think today was just a liquidity grab above 147.5. We shall see. There's some yummy liquidity between here and 149.9 also
Don't compare your trades to others. Most often the masses are the asses
  • #89,466
  • Apr 7, 2025 3:11pm Apr 7, 2025 3:11pm
Quoting OBsayMkMoney
{quote} I would tend to agree. I think today was just a liquidity grab above 147.5. We shall see.
with the gap down i would think it would have grab alot of orders below 144.5 and then to 148.2 but no .. its like it didnt need alot. it means we really found the bottom or yeah its going south to that 143. after today and wont go higher till CPI ? my thought process
  • #89,467
  • Apr 7, 2025 3:12pm Apr 7, 2025 3:12pm
10yr went nuts
  • #89,468
  • Apr 7, 2025 3:38pm Apr 7, 2025 3:38pm
Quoting OAPDave
{image} Bored with the thread now going back into my shell for a while good Luck everybody

::sniffs armpits::
Hope it wasn't me..
Don't compare your trades to others. Most often the masses are the asses
  • #89,469
  • Apr 7, 2025 3:49pm Apr 7, 2025 3:49pm
Quoting OBsayMkMoney
{quote} ::sniffs armpits:: Hope it wasn't me..
NO mate not you or anyone else
Just not busy enough for me
hoping to see and learn something
but not enough posters showing reasons or charts
as to why they take trades and feel I am over posting
trying to spark a little life into the thread
  • #89,470
  • Apr 7, 2025 6:49pm Apr 7, 2025 6:49pm
Quoting OAPDave
{quote} Your OWN WAY looks very good TBH not got a clue how you arrive at your Trade decision But we have some confluence {image}
I just look at the chart and entry. I don't follow any method. That's why I make many mistakes.
  • #89,471
  • Apr 7, 2025 6:54pm Apr 7, 2025 6:54pm
Quoting OAPDave
{image} Bored with the thread now going back into my shell for a while good Luck everybody
Are the arrows and dots consecutive highlow candle indicator? I remember seeing it.
  • #89,472
  • Apr 7, 2025 6:56pm Apr 7, 2025 6:56pm
Quoting ThaoAnh
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  • #89,473
  • Apr 7, 2025 7:57pm Apr 7, 2025 7:57pm
USDX
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  • #89,474
  • Apr 7, 2025 11:48pm Apr 7, 2025 11:48pm
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  • #89,475
  • Apr 8, 2025 2:24am Apr 8, 2025 2:24am
https://www.tradingview.com/chart/US...-Trading-Math/
  • #89,476
  • Apr 8, 2025 8:34am Apr 8, 2025 8:34am
What I fomo’d into vs what I wanted still around 50% of breakout leg but still…
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  • #89,477
  • Apr 8, 2025 8:35am Apr 8, 2025 8:35am
Remember that sideways action I mentioned last week?
Short term. Short to 146 off of 147.2 area. Unless 147.2 is broken in which case first target is yesterday's highs. Second 149.2.
I took another look at the 4hr, and longer term I am leaning Long overall. We had a gap down on bad news, but were it not for that news the pattern would have suggested we were long to 149 area. That news didn't take out the floor though, so we be in recovery. My initial move was a buy off of 144.9. We have a FVG between 147.8 and 149.3 that still needs filling, and that was my target. News came in and we gapped down scaring everyone and making me abandon my initial plan. Sorry for the lack of charts. I am at my day job.


All speculation by the way.
Don't compare your trades to others. Most often the masses are the asses
  • #89,478
  • Apr 8, 2025 8:49am Apr 8, 2025 8:49am
Quoting OBsayMkMoney
Remember that sideways action I mentioned last week? Short term. Short to 146 off of 147.2 area. Unless 147.2 is broken in which case first target is yesterday's highs. Second 149.2. I took another look at the 4hr, and longer term I am leaning Long overall. We had a gap down on bad news, but were it not for that news the pattern would have suggested we were long to 149 area. That news didn't take out the floor though, so we be in recovery. My initial move was a buy off of 144.9. We have a FVG between 147.8 and 149.3 that still needs filling, and...
great work same here just dropped off clients even trying to schedule a meeting to buy a motorcycle. good 10yr still jumping !!!

I wonder how this 4hr close ?
  • #89,479
  • Apr 8, 2025 9:20am Apr 8, 2025 9:20am
Quoting ThaoAnh
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  • #89,480
  • Apr 8, 2025 9:26am Apr 8, 2025 9:26am
Quoting ThaoAnh
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