Attachments: USD/JPY Discussion

USD/JPY Discussion

#89,941
May 7, 2025 12:48pm May 7, 2025 12:48pm

carbonmimeti
Joined Jun 2012 | Status: Trader | 1,452 Posts

Quoting Kwt4x

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{quote} example of digital chart shapes, if you compress vertical scale and horizontal scale, you get a perfect circle, but can you trade compressed price ? what's important is the math not the visual. {image}

Ignored

I disagree: a scaled chart is a chart in which a certain number of bars (Time) are assigned to a certain number of pips traveled (price)....whatever the ratio, a square MUST be a square not a rectangle and a circle MUST be a circle not an ellipse. Then if you use another method to draw your geometric figures and you are happy with it..ok..I'm happy for you...as I always say: the market is our "enemy".

When I draw a square and one side is 10 pips and the ratio 1/2, I find mathematically and visually (I count the number of bars) that the number of bars is 20..this is the proof! the radius of the circle converts the price into time.
in MT4 is very easy do it.

in any case if you have found a method that you feel comfortable with..ok!

#89,942
May 7, 2025 12:52pm May 7, 2025 12:52pm

carbonmimeti
Joined Jun 2012 | Status: Trader | 1,452 Posts

Quoting carbonmimeti

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let's see what the 1H scale chart says...as long as the 15° inclined blue rising trendline holds the prices...everything is ok the intersection of the trendline descending from the top, also inclined at 15°, gave rise to that minimum...wave C of the previous post 98927 {image}

Ignored

from post 89931..first resistance: 330° green downtrendline

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#89,943
May 7, 2025 12:58pm May 7, 2025 12:58pm

carbonmimeti
Joined Jun 2012 | Status: Trader | 1,452 Posts

Quoting carbonmimeti

Disliked

{quote} I disagree: a scaled chart is a chart in which a certain number of bars (Time) are assigned to a certain number of pips traveled (price)....whatever the ratio, a square MUST be a square not a rectangle and a circle MUST be a circle not an ellipse. Then if you use another method to draw your geometric figures and you are happy with it..ok..I'm happy for you...as I always say: the market is our "enemy". When I draw a square and one side is 10 pips and the ratio 1/2, I find mathematically and visually (I count the number of bars) that the number...

Ignored

example of square ...circle and angular trendline of 45° down (315°)
they are perfect square and circle and you really can trade them
only on a scale chart you can see geometry at work

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#89,944
May 7, 2025 1:00pm May 7, 2025 1:00pm

Kwt4x
Joined Apr 2015 | Status: Trader | 1,067 Posts

Quoting carbonmimeti

Disliked

{quote} I disagree: a scaled chart is a chart in which a certain number of bars (Time) are assigned to a certain number of pips traveled (price)....whatever the ratio, a square MUST be a square not a rectangle and a circle MUST be a circle not an ellipse. Then if you use another method to draw your geometric figures and you are happy with it..ok..I'm happy for you...as I always say: the market is our "enemy". When I draw a square and one side is 10 pips and the ratio 1/2, I find mathematically and visually (I count the number of bars) that the number...

Ignored

I guess we're two old men having a "grudge match" , can I be DE NIRO please !!

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"the public is not yet ready for it" W.D. GANN

#89,945
May 7, 2025 1:04pm May 7, 2025 1:04pm

carbonmimeti
Joined Jun 2012 | Status: Trader | 1,452 Posts

Quoting Kwt4x

Disliked

{quote} I guess we're two old men having a "grudge match" , can I be DE NIRO please !! {image}

Ignored

you're right about the old guys....I'm 56 but I'm VERY youthful...:

)

my daughter instead says that I'm old!!! ::

))

#89,946
May 7, 2025 1:12pm May 7, 2025 1:12pm

Kwt4x
Joined Apr 2015 | Status: Trader | 1,067 Posts

Quoting carbonmimeti

Disliked

{quote} you're right about the old guys....I'm 56 but I'm VERY youthful...:) my daughter instead says that I'm old!!! ::))

Ignored

hahaha, talk is cheap, let's setup a boxing date so I can prove your daughter is right about you. lol

"the public is not yet ready for it" W.D. GANN

#89,947
May 7, 2025 2:21pm May 7, 2025 2:21pm

ib1985ib
| Membership Revoked | Joined Apr 2025 | 222 Posts

RSI is very accurate on weekly. Buying USDJPY. I mean interest rates are much more attractive for Dollar than Jpy, US economy better. There could be that dollar may drop more, but when it comes to USDJPY pair, i think it is going up.

Buy example and sell example.

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#89,948
May 7, 2025 8:31pm May 7, 2025 8:31pm

carbonmimeti
Joined Jun 2012 | Status: Trader | 1,452 Posts

cyclical update:
all the cyclical curves have called for a top...good projection
I remember that the chart is 5 min and the projection starts from April 17th....15 days have passed x 288 bars = 4320 bars

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#89,949
May 7, 2025 8:34pm May 7, 2025 8:34pm

carbonmimeti
Joined Jun 2012 | Status: Trader | 1,452 Posts

Quoting carbonmimeti

Disliked

{quote} from post 89931..first resistance: 330° green downtrendline {image}

Ignored

from post 89943: first resistance: 330° green downtrendline... touched

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#89,950
May 7, 2025 11:16pm May 7, 2025 11:16pm

ThaoAnh
Joined Jun 2024 | Status: Still Learning | 2,843 Posts

Quoting ThaoAnh

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{quote} {image}

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#89,951
May 7, 2025 11:37pm May 7, 2025 11:37pm

carbonmimeti
Joined Jun 2012 | Status: Trader | 1,452 Posts

Quoting carbonmimeti

Disliked

{quote} from post 89943: first resistance: 330° green downtrendline... touched {image}

Ignored

breackout of the green and go to blue trendline

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#89,952
May 7, 2025 11:45pm May 7, 2025 11:45pm

Kwt4x
Joined Apr 2015 | Status: Trader | 1,067 Posts

current price is at 100% arc level (full cycle) and it look like it's a strong support.

ps: first 1/8 of downtrend arcs can be seen in full and it's a circle, the rest of 1/8's are just bigger than the screen. a youthful guy like me know they all circles but old men see it as ellipses

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