USD/JPY Discussion

I use MT5, but thanks for sharing.

Sorry about that
Never seen it in MT5 format anywhere

MT5. You can set up the same by indicators envelope atr, atr adaptive channel, ATR fibo channels
I remember that.

swing trading all day. Watching daily. Entering on 1hr. Using fibs to find a discount. Understanding consolidation expansion and retraction. It helps ME. Low size depending on speed of market. Taking profits along the trade allowing small runners to run until you flip bias. I’ve waited on 152 for almost 8 months. I was THAT locked in for it. Like I bet 8 months on 152 over 147 or whatever that swing low is. If that’s how much patience I was suppose to have no wonder I would have continued to lose my whole account switching biases because I was 8 months to early. Patience. Timing. taking profits along the way. Sizing. Staying away from fundamentals. This has been the most stress free way from me. Stress during trading is a crime. If you got no stress while you trade good luck if you do have stress when you trade then I will pray for you.

if it wasn’t for Dave I would have lost my account I’m sure of it because of how back and forth and confused I was about price and time.

I’ve learned and saved so much just by giving up staring at the markets over sizing while scalping (turn that into a swing and see what I mean) , paying attention to fundamentals like that’s what was gonna move everything.

need to set actual stops tho. I would feel like a real trader getting stopped out but not giving a damn because at least I gotta stop and an account for tomorrow. At the moment I I’ll still cost average looking on higher time frames and “fix/ ad just positions once turned my way.

I will fix my trading issues once they become imortant enough to me in my naive mind. Man I gotta wake up if I wanna do this

The Asian session kinda sucks tonight. High volume, but pick a side bro. Let's go!!! LOL.

Ended my long position in USD/JPY. The timing was perfect, but the trend is downwards, so I wonder if it will be difficult to go up any further?

I know, can it pick a side already, sucks is an understatement for this Asian session, got burned earlier. Do you think it will bounce off 150 or push through?

It finally broke through. Unsure where the next level/profit taking will be but I made back my loss from the earlier fakeout atleast.

who s ready for a nasty fall

I would take a trade on that

My grandmother. She is really unsteady on her feet!

got sell stop orders below the opening price of the monday gap up daily candle. waiting the fill

square root of 3= 1.732
1/1.732= 0.577
Double support: 57.7% and 150% of the FIBONACCI EXPANSION (you can put other expansion ratios....)

50% of the first swing
In summary: 57.7% 50% 150%