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USD/JPY Discussion

  • #3,221
  • Aug 16, 2007 9:21pm Aug 16, 2007 9:21pm
Quoting DutchTrader
Could be, the man knows what he's doing so he very well could.

Dove,

I don't like the action, seems rather sideways don't you think?
Slow down a little with the volatility down about 50%
The Dove - Forex Trainer
  • #3,222
  • Aug 16, 2007 9:25pm Aug 16, 2007 9:25pm
I have a feeling that if we are to see 113.00 again it won't happen until right before London open.
  • #3,223
  • Aug 16, 2007 9:35pm Aug 16, 2007 9:35pm
Quoting southernmind
I have a feeling that if we are to see 113.00 again it won't happen until right before London open.
My feel is 113.15. once we see a sustained break below that, we could go towards the 112 support and test it again.

Especially when London opens again.
  • #3,224
  • Aug 16, 2007 9:40pm Aug 16, 2007 9:40pm
Quoting southernmind
I have a feeling that if we are to see 113.00 again it won't happen until right before London open.

Here it comes
Patience + Humility + Study = Success
  • #3,225
  • Aug 16, 2007 9:47pm Aug 16, 2007 9:47pm
ladies and gentlemen,

we are living the history right now. later we can go back and tell our grandkids, we remember that day....when i went to shave for 5 minutes, and market had dropped thousands of pips(exaggeration) of course!
  • #3,226
  • Aug 16, 2007 9:54pm Aug 16, 2007 9:54pm
Quote
Posted by boris200 http://www.forexfactory.com/images/buttons/viewpost.gif Buy usd/jpy tp 125.50
Quote
s3padrian ..Wow, the forum must of lagged 3 months before letting you post.....

  • #3,227
  • Aug 16, 2007 9:56pm Aug 16, 2007 9:56pm
Ok.. got to admit I've not done so well. Came in late this morning and got my directions wrong! Haha..

Gonna shut down my charts and stop trading.
Call me stupid.. but hey... Profit protection is important to me...
Chances favour the prepared.
  • #3,228
  • Aug 16, 2007 9:59pm Aug 16, 2007 9:59pm
I think most of the traders on here for the last couple of days have learned about variables in trading because there are so many different one..... Like myself, if I'm not trading the pivots because of the way the market is moving then I will trade the candles..... mostly the 30 min and then at times the 20 but no less than the 20..... There are times I will catch a turn around on the 1 hour and count the pips to the bollinger band and then ride it to the band..... and most times it is 100+ pips..... What I'm saying for those who are new, learn as many variables as you can because for one thing it will help you to become a better trader and also, you will achieve other trading styles.
The Dove - Forex Trainer
  • #3,229
  • Aug 16, 2007 10:08pm Aug 16, 2007 10:08pm
I'm in for the 109 test
Patience + Humility + Study = Success
  • #3,230
  • Aug 16, 2007 10:14pm Aug 16, 2007 10:14pm
Quoting dove_alliance
if I'm not trading the pivots because of the way the market is moving then I will trade the candles..... mostly the 30 min and then at times the 20 but no less than the 20..... There are times I will catch a turn around on the 1 hour and count the pips to the bollinger band and then ride it to the band.....and most times it is 100+ pips
From pivots to bollingers to linear reg/MA crosses on 3min - 1hr charts, 150 lot positions, dove you remind me of Mr. Data from Star Trek. Would love to see your trading terminal some day. When you retire, please author a book, heck you should be in the next Market Wizards.
  • #3,231
  • Aug 16, 2007 10:15pm Aug 16, 2007 10:15pm
I'm looking for one last run to test the downward trendline around the 113.30 area.
Attached Image (click to enlarge)
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  • #3,232
  • Aug 16, 2007 10:25pm Aug 16, 2007 10:25pm
lol.. seems that the first part is true..
113 broken.
  • #3,233
  • Aug 16, 2007 10:25pm Aug 16, 2007 10:25pm
Quoting Trader KGB
From pivots to bollingers to linear reg/MA crosses on 3min - 1hr charts, 150 lot positions, dove you remind me of Mr. Data from Star Trek. Would love to see your trading terminal some day. When you retire, please author a book, heck you should be in the next Market Wizards.
Smiling - I thank you and when I do retire, I will pass it on.....
The Dove - Forex Trainer
  • #3,234
  • Aug 16, 2007 10:30pm Aug 16, 2007 10:30pm
Chances favour the prepared.
  • #3,235
  • Aug 16, 2007 10:30pm Aug 16, 2007 10:30pm
Quoting dove_alliance
Smiling - I thank you and when I do retire, I will pass it on.....
Where did you learn the market Dove?
  • #3,236
  • Aug 16, 2007 10:35pm Aug 16, 2007 10:35pm
Quoting dove_alliance
Smiling - I thank you and when I do retire, I will pass it on.....
Hi dove, could you give me some pointers on where you'd advise to learn more abt indicators?
  • #3,237
  • Aug 16, 2007 10:37pm Aug 16, 2007 10:37pm
Quoting trader07
Where did you learn the market Dove?
I had mention this once and will do so again..... I am Christian and my Lord Jesus had introduce me to the 4X and asked me if He taught me how to trade this market would I be willing to give up 50% of the profit for His children in need..... I said I would and He became my mentor and my teacher in this market.... I have never had any formal training what-so-ever, it had all came from Jesus.... My indicators are from Him and this is why I do not give them up....
The Dove - Forex Trainer
  • #3,238
  • Aug 16, 2007 10:38pm Aug 16, 2007 10:38pm
Evening all, good start for the day, w/ 72 pips so far. New on this forum and to 4x. Want to thank all of you again who have been generous enough to share the hard won wisdom you've gained.

As you scatter, may you continue to increase. That's from the book of Proverbs somewhere. Good pippin.
FUBAR...
  • #3,239
  • Aug 16, 2007 10:39pm Aug 16, 2007 10:39pm
Cool! Dove, we have much in common it seems.
FUBAR...
  • #3,240
  • Aug 16, 2007 10:42pm Aug 16, 2007 10:42pm
This is one slow grind going down about 1 pip every 30 minutes or so.
The Dove - Forex Trainer
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