USD/JPY Discussion | Page 246 | 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

  • #4,901
  • Sep 9, 2007 11:13pm Sep 9, 2007 11:13pm
Hi all,

I have learned plenty from dove, even though his teaching werent conventional. but Lord do work in mysterious ways...

As for kreper, im also a skeptic, i was trained as an engineer, so if i see something interesting i want to break it apart and build it together again.

The "root" of us in FX is "$$", and we want to make plenty of them, trying hard to find math formula / mysterious formula that can explain everything.

but like a said before lets work together to find the "root" by sharing experiences. our goal is the same here not to lose money but to gain some/much more money.

Back to reality is 11.09 Am here (Jakarta, Indonesia)

Yen. running about 113.25 after rejectin 112.xx, with current low in 112.7

PS: my "root" does not have the same meaning as dove's "root"
dove u have been a blesing to this forum in one way or the other.
  • #4,902
  • Sep 9, 2007 11:32pm Sep 9, 2007 11:32pm
What is your favorite strategy Kreepy? Also when people says 50EMA or 80EMA or 20SMA they are talking just a Exponential or simple moving average with a period of what ever number is in front right?
  • #4,903
  • Sep 9, 2007 11:33pm Sep 9, 2007 11:33pm
Quoting Maxsmart
Mr. Dove seems to be a little to high himself to get past anything. Where does this nut job come frome. I mean honestly...
You have 10 post... Enough said.
  • #4,904
  • Sep 9, 2007 11:38pm Sep 9, 2007 11:38pm
People can say what they want but at the end of the day you have to admit that Dove has added greatly to the forum... Yes, you can be skeptical but he's made some great calls with using pivots... I know he's gone little of the radar and some of the claims are hard to believe but at least give him a chance to explain...
  • #4,905
  • Sep 9, 2007 11:45pm Sep 9, 2007 11:45pm
Recently, Ive seen a lot of questions regarding trading systems and indicators. It is said trading is simple but not easy. I have provided a link to a trading system used and developed by Richard Dennis, one of the most prophetic minds in commodity trading... Keep in mind, "sucessful trading is not about the system, its what you do with it"

http://bigpicture.typepad.com/commen...urtlerules.pdf

If you want to work on somthing... work on yourself
  • #4,906
  • Sep 9, 2007 11:50pm Sep 9, 2007 11:50pm
Quoting trader07
People can say what they want but at the end of the day you have to admit that Dove has added greatly to the forum... Yes, you can be skeptical but he's made some great calls with using pivots... I know he's gone little of the radar and some of the claims are hard to believe but at least give him a chance to explain...
agree 101%, the guy may not have the best way to teach but he said so him self he is not a trainer, he is just trying to help and free of charge so let him think what ever he wants and teach the way he wants if at the end of the day we make money with his recomendations, it works for me, is my hunble opinion, but thats just me, I just wish I'm in the alumni's list.
The Chonchy
  • #4,907
  • Sep 10, 2007 12:17am Sep 10, 2007 12:17am
It broke the central... looks we are in a retrace...
  • #4,908
  • Sep 10, 2007 12:27am Sep 10, 2007 12:27am
Quoting trader07
It broke the central... looks we are in a retrace...
I have central at 114.07, correct me if I'm wrong trader07, and what is daily today if you please, thanks in advance.

are this pivots correct
R3=117.53
R2=116.07
R1=115.03

PP=114.07

S1=112.53
S2=111.57
S3=110.03

OPEN-115.36
HIGH=115.61
LOW=113.11
CLOSE=113.49
The Chonchy
  • #4,909
  • Sep 10, 2007 12:29am Sep 10, 2007 12:29am
If anyone is interested I also follow the EUR/JPY... It tends to move in concert with the Yen and from what I noticed the pivots works... Also it really moves so becareful when setting you SL... Here are the pivots...
Enjoy!

WEEKLY PIVOTS
EUR/JPY
R3 – 160.98
MP – 160.39
R2 – 159.81
MP – 158.92
R1 – 158.04
MP – 157.45

Weekly Pivot – 156.87
MP – 156.60
Central – 156.34

MP – 155.98
S1 – 155.10
MP – 154.51
S2 – 153.93
MP – 153.04
S3 – 152.16

DAILY PIVOTS
EUR/JPY
R3 – 159.99
MP – 159.56
R2 – 159.14
MP – 158.27
R1 – 157.41
MP – 156.98

Daily Pivot – 156.56
MP – 156.12
Central – 155.69

MP – 155.69
S1 – 154.83
MP – 154.40
S2 – 153.98
MP – 153.11
S3 – 152.25
  • #4,910
  • Sep 10, 2007 12:33am Sep 10, 2007 12:33am
Quoting chonchy
I have central at 114.07, correct me if I'm wrong trader07, and what is daily todayif you please, thanks in advance.
I think chonchy may have meant 113.07, which is also roughly what I have (113.06).
  • #4,911
  • Sep 10, 2007 12:34am Sep 10, 2007 12:34am
Following pasted from the FAQ's at the bottom left hand corner of footer on all the Forex Factory pages;

"Don't feed the trolls.From Wikipedia: A troll is usually someone who enters an established community such as an online discussion forum, and posts inflammatory, rude, repetitive, offensive, off-topic or otherwise disruptive messages designed intentionally to annoy, stimulate or antagonize the existing members or alter the flow of discussion."

"It is best to ignore tolls because getting attention is usually their objective. Instead of responding, try pressing the http://www.forexfactory.com/images/buttons/report.gif button in the top right of their post to alert the moderator team"

"Ignore lists are used for those people whose messages you wish not to read. By adding someone to your ignore list, those messages posted by these individuals will be hidden when you read a thread."

This might not be all that complicated. I tried it and instantly 2 annoying posters disappeared. The beauty of this is even if they come back on this one, I won't even know it. How cool is that?

So, back to USD/JPY now?
FUBAR...
  • #4,912
  • Sep 10, 2007 12:37am Sep 10, 2007 12:37am
Europe hasn't had a chance to respond to last weeks horrible US Nonfarm, so look for it to start to move at about 2:00am-3:00am EST.
  • #4,913
  • Edited 12:40am Sep 10, 2007 12:37am | Edited 12:40am
Quoting Trader KGB
I think chonchy may have meant 113.07, which is also roughly what I have (113.06).
aparently I'm doing something wrong here I get the open hihg low and closed of the candle of the previus day on the daily chart correct?
The Chonchy
  • #4,914
  • Sep 10, 2007 12:43am Sep 10, 2007 12:43am
Quoting chonchy
aparently I'm doing something wrong here I get the open hihg low and closed of the candle of the previus day on the daily chart correct?
That's correct for calculating the S/R levels and daily pivot, but the daily central is simply the opening price at 17:00 ET.
  • #4,915
  • Sep 10, 2007 12:43am Sep 10, 2007 12:43am
Quoting chonchy
aparently I'm doing something wrong here I get the open hihg low and closed of the candle of the previus day on the daily chart correct?
You're only 1 pip off... Charting is probably different...
  • #4,916
  • Edited 12:50am Sep 10, 2007 12:49am | Edited 12:50am
Quoting trader07
You're only 1 pip off... Charting is probably different...
so dayly is 114.07 correct?
The Chonchy
  • #4,917
  • Sep 10, 2007 12:50am Sep 10, 2007 12:50am
Quoting trader07
People can say what they want but at the end of the day you have to admit that Dove has added greatly to the forum... Yes, you can be skeptical but he's made some great calls with using pivots... I know he's gone little of the radar and some of the claims are hard to believe but at least give him a chance to explain...
Seconded.

To kreeper,
You have made your case before. There was no need in disrespecting someone else's work by publicly posting it when that person specifically requested it no longer be public.

Now let's all get back to trading.
  • #4,918
  • Sep 10, 2007 12:51am Sep 10, 2007 12:51am
Quoting Trader KGB
That's correct for calculating the S/R levels and daily pivot, but the daily central is simply the opening price at 17:00 ET.
on what time period, daily as well?
The Chonchy
  • #4,919
  • Sep 10, 2007 12:52am Sep 10, 2007 12:52am
Quoting chonchy
so dayly is 114.07 correct?
The Daily central is 113.06.
  • #4,920
  • Sep 10, 2007 12:52am Sep 10, 2007 12:52am
Quoting ak4x
Following pasted from the FAQ's at the bottom left hand corner of footer on all the Forex Factory pages;

"Don't feed the trolls.From Wikipedia: A troll is usually someone who enters an established community such as an online discussion forum, and posts inflammatory, rude, repetitive, offensive, off-topic or otherwise disruptive messages designed intentionally to annoy, stimulate or antagonize the existing members or alter the flow of discussion."

"It is best to ignore tolls because getting attention is usually their objective. Instead of responding, try pressing the http://www.forexfactory.com/images/buttons/report.gif button in the top right of their post to alert the moderator team"

"Ignore lists are used for those people whose messages you wish not to read. By adding someone to your ignore list, those messages posted by these individuals will be hidden when you read a thread."

This might not be all that complicated. I tried it and instantly 2 annoying posters disappeared. The beauty of this is even if they come back on this one, I won't even know it. How cool is that?

So, back to USD/JPY now?
ak4x that is some cool stuf in deed.
The Chonchy
51 traders viewing now