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USD/JPY Discussion

  • #2,921
  • Aug 16, 2007 2:49am Aug 16, 2007 2:49am
Quoting sher
Dove

I appreciate and thank you for your advices. All these learning add a lot of confident to my trading success. May god bless you.
And may God bless you too.
The Dove - Forex Trainer
  • #2,922
  • Aug 16, 2007 2:53am Aug 16, 2007 2:53am
As you notice a retrace so now we wait...... For right now it is going nowhere.
The Dove - Forex Trainer
  • #2,923
  • Aug 16, 2007 2:54am Aug 16, 2007 2:54am
31 more pips in the bank....
The Dove - Forex Trainer
  • #2,924
  • Aug 16, 2007 2:54am Aug 16, 2007 2:54am
S1 target 11624 hit, candle did not bust tro, returning to S2?
  • #2,925
  • Aug 16, 2007 2:55am Aug 16, 2007 2:55am
Don't be jumping in unless you know what you are doing.
The Dove - Forex Trainer
  • #2,926
  • Aug 16, 2007 2:57am Aug 16, 2007 2:57am
Quoting sher
S1 target 11624 hit, candle did not bust tro, returning to S2?
Always keep in mind of the 50% retrace.
The Dove - Forex Trainer
  • #2,927
  • Aug 16, 2007 3:00am Aug 16, 2007 3:00am
Quoting dove_alliance
Don't be jumping in unless you know what you are doing.
Yes Sir.

Observing the movement and clearifying the characteristics.
  • #2,928
  • Aug 16, 2007 3:00am Aug 16, 2007 3:00am
Quoting dove_alliance
31 more pips in the bank....
When did you get? What time frame are you trading 5min?
  • #2,929
  • Aug 16, 2007 3:00am Aug 16, 2007 3:00am
I want you traders to realize one thing..... The strategy you are learning on these pivots belong to this pair only...... I have never tested it on any other pair except the usd/jpy..... So please, do not attempt this system on another pair because I have no idea what the outcome would be.
The Dove - Forex Trainer
  • #2,930
  • Aug 16, 2007 3:01am Aug 16, 2007 3:01am
Quoting trader07
When did you get? What time frame are you trading 5min?
I use the 3 the 5 and the 20
The Dove - Forex Trainer
  • #2,931
  • Aug 16, 2007 3:05am Aug 16, 2007 3:05am
How did you do Jason?
The Dove - Forex Trainer
  • #2,932
  • Aug 16, 2007 3:06am Aug 16, 2007 3:06am
Here we go again...... smiling - I can go for this all night.
The Dove - Forex Trainer
  • #2,933
  • Aug 16, 2007 3:06am Aug 16, 2007 3:06am
I got on at 116.08, out at 25
Definitely not as good ur result.
Chances favour the prepared.
  • #2,934
  • Aug 16, 2007 3:09am Aug 16, 2007 3:09am
Quoting jasonowl
I got on at 116.08, out at 25
Definitely not as good ur result.
That is still good.... More than you had and that is for sure.
The Dove - Forex Trainer
  • #2,935
  • Aug 16, 2007 3:10am Aug 16, 2007 3:10am
So are we looking at bounces between S1 and S2 until one is breached, then we will either be going to S3 or Central/Daily pivot.

I'm gonna get the hang of this one day!!!

G-Man
  • #2,936
  • Aug 16, 2007 3:11am Aug 16, 2007 3:11am
Quoting dove_alliance
I use the 3 the 5 and the 20
How does the 3min help, when the 5min is so close to it?
  • #2,937
  • Aug 16, 2007 3:12am Aug 16, 2007 3:12am
I open at the 05 for the short.
The Dove - Forex Trainer
  • #2,938
  • Aug 16, 2007 3:13am Aug 16, 2007 3:13am
Quoting trader07
How does the 3min help, when the 5min is so close to it?
A lot, because of the indicators I use.
The Dove - Forex Trainer
  • #2,939
  • Aug 16, 2007 3:25am Aug 16, 2007 3:25am
Just took 15 on that one and that gives me 109 for the day..... So, I'm going to hang back for awhile but I will be here to answer any questions.
The Dove - Forex Trainer
  • #2,940
  • Aug 16, 2007 3:27am Aug 16, 2007 3:27am
Keep in mind of the weekly R2 at the 83
The Dove - Forex Trainer
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