USD/JPY Discussion | Page 243 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

USD/JPY

Similar Threads

USD/JPY Discussion 12 replies

NZD/JPY Discussion 12 replies

long eur/jpy, gbp/jpy, usd/jpy 11 replies

EUR/USD Bollinger Band Discussion 3 replies

Suidster's GBP/JPY Discussion 19 replies

Attachments: USD/JPY Discussion
Exit Attachments

USD/JPY Discussion

  • #4,841
  • Sep 7, 2007 4:03pm Sep 7, 2007 4:03pm
Quoting dove_alliance
To answer your question as to the announcement..... Number one; the numbers where wrong if you had brought up the actual reading...... Number 2 - Of the years I have been in this market only once I have ever seen it go against the trend...... So in this respect I was sure it was going down..... But, in case I was wrong I did have a 10 pip lost on my trade And if it had taken me out then I would of immediately got into the right trade.... But in this case, I was right and it was a gamble but as I have said in the past.... "No announcement can change a trend, only the trend itself."

Why with pivots?

Because there isn't always a trend to jump into..... When the market is sideways then that is where the pivots come in...... It will always go up and down between those pivots when the market is sideways. And these indicators will always let you know when a trend hits and when the market is consolidating or going sideways.

There is no draw back in this system...... It works 100% of the time.
Hello mr. Dove How are you, dove I'm very sorry but due to a doctor's appoitment I miss the charts and I will like to study them if is posible could you please let me know when are you going to post them againg or e-mail them please at [email protected], thanks in advance, god bless.
The Chonchy
  • #4,842
  • Sep 7, 2007 4:05pm Sep 7, 2007 4:05pm
Quoting acidguy
lets see what happens the next week but in my opinion u/j has been falling on floor levels since last week and not on straight line also being heavily influenced by stocks especially dow jones.

the other things is the dow jones 13.000 Mark. strong psychological point thats probably not gonna be lost so easily, i see next week an upper attempt to 115 again, or a bad number NFP report is the end of the world, the stocks and everything? so carry traders are gonna give up and start crying?
dont think so...
just went long on 113.15, tp 114.50
dow jones or any other market has no influence on this market and in time you will see that...... For the last 7 - 8 months this money market has been out of sync...... As of Tuesday, it is now beginning to fall back into sync and this is why a lot of the traders cannot figure out why the carry trades are no longer working......

Over the week-end I will post an explanation of what had happen during this period...... Most of you will come to find how just how much power the banks of the world has on this market.... especially, when it belongs to them.
The Dove - Forex Trainer
  • #4,843
  • Sep 7, 2007 4:08pm Sep 7, 2007 4:08pm
Quoting dove_alliance
I'm not a genius nor is this my system...... Remember this always: This system came from my Lord Jesus.... It is His, and not mine. That is why it is 100%.
Sorry to bother you Dove but I was curious about that since you first post it :

What do you mean by saying "It comes from Jesus"

You mean literally ? Because you already have stated that you neither been reading trading books nor learning about Forex before
  • #4,844
  • Sep 7, 2007 4:12pm Sep 7, 2007 4:12pm
Quoting PolishTrader
Sorry to bother you Dove but I was curious about that since you first post it :

What do you mean by saying "It comes from Jesus"

You mean literally ? Because you already have stated that you neither been reading trading books nor learning about Forex before
I mean that Literally - It was Jesus that introduce me to this market and had become my mentor and my teacher..... He gave it me with His blessings and in return I give back more than 50% to His children in need.....
The Dove - Forex Trainer
  • #4,845
  • Edited 4:18pm Sep 7, 2007 4:16pm | Edited 4:18pm
Quoting dove_alliance
I mean that Literally - It was Jesus that introduce me to this market and had become my mentor and my teacher..... He gave it me with His blessings and in return I give back more than 50% to His children in need.....
Dove is any way I can't help with your childrens, or do I keep doing my own good down here in my church, I olso do some with " the 65 roses" if you know what I mean.www.65roses.cff.org
The Chonchy
  • #4,846
  • Sep 7, 2007 4:24pm Sep 7, 2007 4:24pm
Quoting dove_alliance
I mean that Literally - It was Jesus that introduce me to this market and had become my mentor and my teacher..... He gave it me with His blessings and in return I give back more than 50% to His children in need.....
Ok,fine for me - I'm a little bif confused because for me my God Jesus shouldn't be linked with something so laic like money and Forex (you know,unless we are speaking about some freemasonary but they are mysterious for me)

You are good person though so I don't have anything against you.I admire what you are doing for charity.

And I'm looking forward to your post about this "period out-of-sync" and "banks" - sound really interesting

I don't want to turn this topic into some religious thing - just expressing my views

God Bless You
  • #4,847
  • Sep 7, 2007 4:41pm Sep 7, 2007 4:41pm
Quoting PolishTrader
Ok,fine for me - I'm a little bif confused because for me my God Jesus shouldn't be linked with something so laic like money and Forex (you know,unless we are speaking about some freemasonary but they are mysterious for me)

You are good person though so I don't have anything against you.I admire what you are doing for charity.

And I'm looking forward to your post about this "period out-of-sync" and "banks" - sound really interesting

I don't want to turn this topic into some religious thing - just expressing my views

God Bless You
Just to make it clear...... The reason He gave this to me was because His offering was I would give up 50% of my profit to those in need such as the homeless and families in need because of sickness, lost of job and etc..... I am His servant for His purpose and His mission and a steward of His finances for those in need..
The Dove - Forex Trainer
  • #4,848
  • Edited 5:31pm Sep 7, 2007 4:47pm | Edited 5:31pm
Quoting dove_alliance
Just to make it clear...... The reason He gave this to me was because His offering was I would give up 50% of my profit to those in need such as the homeless and families in need because of sickness, lost of job and etc..... I am His servant for His purpose and His mission and a steward of His finances for those in need..
Mr dove could you visit www.65roses.cff.org, thanks in advance, let me know if like the story about the kid and his mother. when you are in the main page go to "about 65 roses," is the comon way kids use to call the Cystic fibrosis.
The Chonchy
  • #4,849
  • Sep 7, 2007 6:03pm Sep 7, 2007 6:03pm
Dove,before I go sleep I would like to ask you three more things :

1) Does yellow line has to cross both blue and red to confirm trend ?

2) How then in this case you use Linear Regression - you know when to enter,when to exit,why use LR ? - is it only another filiter ? or maybe you use it during sideway market (round robin and 7pips trades

3) You wrote that you used 20min chart to exit NFP.So correct me if I'm wrong but as I understand you watch 1h chart for trend - lets say we have cross to the downside - then what,you wait for 20min to confirm ? or maybe you ride it as long as 20min MA's don't cross to the opposite direction ?

We couldn't have seen on your chart what happened before NFP but I presume that since the beginning of the trend which started at 21:00 (115.37) (cross on 1h chart,right ?) ....... 20min MA's haven't cross until 13:00 ET,is that correct ?

Take Care

I wish you good evening

here in Poland is 1:00 AM so good night to all people from neighbour timezones

P.S

Oh and I forgot - if you want attach images then scroll down to Additional Options section (while you are writing post) and click "Manage Attachments"

voila
  • #4,850
  • Sep 7, 2007 6:54pm Sep 7, 2007 6:54pm
Hello Dove,

Many thanks for sharing your knowledge and extensive experience i have been following closely and have pick up on different things, and researched to find out more.
As i am in Australia i find i miss out on posts until the next morning hence, i missed out on the chart one you posted. Are you going to post those again? If so, can you advise when you will so i can make sure i am on at that time.

I would like to say as i am sure all would agree with me you come here with an open heart and mind to share with likeminded people and we are grateful for your influence.
Regards
Jordie.
  • #4,851
  • Edited 9:34am Sep 8, 2007 6:30am | Edited 9:34am
Before you will be so kind to answer for my questions I have another one :

Once again I will quote you :

" When the blue crosses and is above the green then there is no power but only retraces..... When the blue crosses and gets below the green then the power is there and the volatility is strong..... When the market opened today the blue had crossed above the green which represents no power but only retraces; it is now touching one another getting ready to place the power back into the market."

I didn't see green line on your charts - did you change the colour so maybe it was one of those dotted line or maybe red ? Because it seems that when yellow crosses blue then there is trend - that is my quess (and that is why I omitted them)

I want to better understand how your indicators react during sideway markets - market which is the biggest problem for MA's.

Nevertheless,you replied me that in that case you use Pivots.So as I understand when blue gets below green you focus only on crosses - when the other is true (blue above green) then you play the game between the pivots,right ?

P.S

Oh,and you said that you got out after NFP at 113.18 - if you look closer at your chart then you will notice that crossing occured when price was at 113.30-113.40 - how it was possible to get out at 113.18 ? The last time price was on that level was on 11:20 ET,an hour before crossing
  • #4,852
  • Sep 8, 2007 12:43pm Sep 8, 2007 12:43pm
OK- At this time I had taken down the charts because I do not want them to end up where they are not suppose to be..... I hope everyone understand..... Everyone should had the time to see them.....

LOL Dove....you posted at 7:48pm my time on a Friday evening and I, like many other traders had finished for the day - and week....I hope to be able to view them someother time....

Hopefully, Islander
Trading Levels with WRBs
  • #4,853
  • Sep 8, 2007 7:24pm Sep 8, 2007 7:24pm
WHy is th emarket not moving at all? Is there a time during the week when trades stop?
  • #4,854
  • Sep 8, 2007 9:50pm Sep 8, 2007 9:50pm
Quoting freed14
WHy is th emarket not moving at all? Is there a time during the week when trades stop?
The market is open from:
Sunday 4:00pm ET - Friday 4:30pm ET
  • #4,855
  • Sep 9, 2007 12:44am Sep 9, 2007 12:44am
AHA!! lol wow I feel like an idiot. ok thanks trader.
  • #4,856
  • Sep 9, 2007 2:26am Sep 9, 2007 2:26am
Great thread!

Keep up the good work everyone.
  • #4,857
  • Sep 9, 2007 7:31am Sep 9, 2007 7:31am
Where for out thou,

all quiet on the USD/JPY front ............ not long now for the open again and the outcome should be interesting..

Waiting with baited breath............
Jordie.
  • #4,858
  • Sep 9, 2007 8:36am Sep 9, 2007 8:36am
Quoting trader07
The market is open from:
Sunday 4:00pm ET - Friday 4:30pm ET
This is the best thing about Forex!!! Otherwise we wouldn't have any days off. My wife loves it too
"Luxury is one of the basic needs", (c), Don Corleone
  • #4,859
  • Sep 9, 2007 10:59am Sep 9, 2007 10:59am
Quoting Firstboss
This is the best thing about Forex!!! Otherwise we wouldn't have any days off. My wife loves it too
sure thing, forex trading is addictive and hypnotic. its really a blessing in disguise
  • #4,860
  • Sep 9, 2007 4:14pm Sep 9, 2007 4:14pm
Anyone got Daily and Weekly Pivots ?
89 traders viewing now