Be kind and trade safe Y'all!
1
- #92,082
- Nov 23, 2025 8:39am Nov 23, 2025 8:39am
- Joined Jan 2015 | Status: Trader | 5,146 Posts
I also trade stocks, and I quickly learned that I don't want to buy a hundred dollar stock, that only moves on average .02 cents a day. SGOV, BIL, etc. I would definitely consider buying a hundred dollars worth of .80 cent stocks, that move on average .01 cent a day. Which one do you think is going to yield the best return? The formula is easy: (ATR/price)*100 = ATR% of price. The instrument with the highest ATR% will always yield better, but remember it comes with higher risk. A $100 dollar stock that only moves on average .02 cents a day. (.02/100)*100...
- #92,084
- Nov 23, 2025 8:59am Nov 23, 2025 8:59am
- Joined Jan 2015 | Status: Trader | 5,146 Posts
mine was 256
ps
64 is Murrey favourite number
- #92,085
- Nov 23, 2025 3:15pm Nov 23, 2025 3:15pm
- Joined Dec 2015 | Status: Trader | 8,767 Posts
The USDJPY price action on the H4 time frame is sideways at the 156.387 intra-day horizontal support. Although the technical structure is bullish, we may still see further southward price action before a northward turnaround.
I may be wrong. Trade safe and prosper.
KP
I may be wrong. Trade safe and prosper.
KP
Do your homework, follow the footprints of smart money
- #92,087
- Nov 24, 2025 1:14am Nov 24, 2025 1:14am
- Joined Jun 2024 | Status: Still Learning | 2,888 Posts
{quote} {image}
For the USDJPY pair, the price broke below the support level at 156.74, but corrected back toward it after the breakout. If the price bounces below this level, the next sell target could be the support level at 155.27. If the price breaks above 156.74 and consolidates above it, the next buy target could be the resistance level at 157.73.
- #92,090
- Nov 24, 2025 1:33am Nov 24, 2025 1:33am
- Joined Jun 2024 | Status: Still Learning | 2,888 Posts
{quote} {image}
- #92,091
- Nov 24, 2025 6:37am Nov 24, 2025 6:37am
Today, the USD/JPY showed three long signals at the start of the Tokyo market, but there were no major price movements and it is currently in a squeeze. The Peach line MA100 is acting as strong resistance. However, H4 is still supporting the uptrend, so it is prone to fluctuations up and down. Even so, I dropped it to the 5-minute chart and picked up small amounts, yielding a harvest of 34 pips.
Uptrend looks corrective to me. Anytime we're under the 50 ema, my next target is always the 200 ema. Only if we close above the 50 ema, will I consider a buy, but for now I'm looking for a break south. 
Be kind and trade safe Y'all!
{quote} The dream of any trader - bearish engulfing with HHs & HLs - the price action couldn't be more straightforward.)
Be kind and trade safe Y'all!
- #92,099
- Edited 9:12pm Nov 24, 2025 12:28pm | Edited 9:12pm
- Joined Jul 2024 | Status: Trader | 138 Posts
{quote} For now, looks like not, but as long as the lower trendline holds, I don't think we can be sure.
I'm in, if it goes north of the 61.8, I'm out.
And you're the one that was supposed to be finding these divergences. I thought that was your job!
Be kind and trade safe Y'all!
