USD/JPY Discussion | Page 443 | 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

  • #8,841
  • Jun 23, 2008 10:19pm Jun 23, 2008 10:19pm
Quoting steelhead
Besides I have a trade journal on here that i post the trades i am looking at for the week.

You can always go and check it out. Steelheads trade journal
I just went and read through it. However, it really doesn't help others. It is just a place for you to talk about your trades. Why not share with people what your decision process is so they can learn and possibly get better at trading?
  • #8,842
  • Jun 23, 2008 10:22pm Jun 23, 2008 10:22pm
Quoting magnumfreak
Now that I agree with!

If you draw enough lines on a chart it HAS to hit some of them eventually. LOL!
True. I normally wait for all 29 of my moving averages to cross, the Slow K and Macd to cross, Fibo break, trendline break, and for my dog to spin around in 3 perfect circles before I trade. LOL! Works Everytime!
  • #8,843
  • Jun 23, 2008 10:26pm Jun 23, 2008 10:26pm
Quoting trader07
True. I normally wait for all 29 of my moving averages to cross, the Slow K and Macd to cross, Fibo break, trendline break, and for my dog to spin around in 3 perfect circles before I trade. LOL! Works Everytime!
Yea, I got 150 indicators on my charts and I wait until they all cover up a candle and then I enter a trade........... smiling...........
The Dove - Forex Trainer
  • #8,844
  • Jun 23, 2008 10:27pm Jun 23, 2008 10:27pm
Quoting trader07
True. I normally wait for all 29 of my moving averages to cross, the Slow K and Macd to cross, Fibo break, trendline break, and for my dog to spin around in 3 perfect circles before I trade. LOL! Works Everytime!


I used to use that system, works great. Now I just call the Vatican once a day and get the Pope's opinion. I figure he has to be better connected than most of us. I call it the Popalcator.
  • #8,845
  • Jun 23, 2008 10:28pm Jun 23, 2008 10:28pm
Quoting trader07
...and for my dog to spin around in 3 perfect circles before I trade.
Clockwise = long; counter-clockwise = short?
  • #8,846
  • Jun 23, 2008 10:31pm Jun 23, 2008 10:31pm
Quoting magnumfreak


I used to use that system, works great. Now I just call the Vatican once a day and get the Pope's opinion. I figure he has to be better connected than most of us. I call it the Popalcator.
LOL!
  • #8,847
  • Jun 23, 2008 10:32pm Jun 23, 2008 10:32pm
Quoting opie999
Clockwise = long; counter-clockwise = short?
Exactly.
  • #8,848
  • Jun 23, 2008 10:39pm Jun 23, 2008 10:39pm
Keep in mind that the indicators don't move the market. They are based on past price. As traders our focus should be on what moves the market.
  • #8,849
  • Jun 23, 2008 10:48pm Jun 23, 2008 10:48pm
Quoting nwsuccess
Keep in mind that the indicators don't move the market. They are based on past price. As traders our focus should be on what moves the market.
Even PA is based on the past, it does not tell you the future (everyone would be billionaires if it did). It does tell you the general market sentiment here and now which is what makes it so powerful.

Indicators also measure market sentiment, just in other ways.

It's not about the price, it's about the collective behaviour of buyers and sellers that move the price.
  • #8,850
  • Jun 23, 2008 10:51pm Jun 23, 2008 10:51pm
Quoting nwsuccess
Keep in mind that the indicators don't move the market. They are based on past price. As traders our focus should be on what moves the market.
What moves the market??????

There is over 2 trillion dollars goes through this market every single day...... Now..... If every trader was to place a one lot of a $1 bill: how many traders would it take to move this market........ I don't think so........ Bankers of the world moves this market...... So, how do we focus on the bankers?
The Dove - Forex Trainer
  • #8,851
  • Jun 23, 2008 10:56pm Jun 23, 2008 10:56pm
5 more minutes so keep an eye on your trade........
The Dove - Forex Trainer
  • #8,852
  • Jun 23, 2008 11:21pm Jun 23, 2008 11:21pm
Quoting dove_alliance
What moves the market??????

There is over 2 trillion dollars goes through this market every single day...... Now..... If every trader was to place a one lot of a $1 bill: how many traders would it take to move this market........ I don't think so........ Bankers of the world moves this market...... So, how do we focus on the bankers?
So how do we do that?
  • #8,853
  • Jun 23, 2008 11:33pm Jun 23, 2008 11:33pm
Quoting anyhowtrade
So how do we do that?
I don't know.... but one thing I do know is I really enjoy gathering these pips on the eur....... the ones that the bank in London decided to go after........
The Dove - Forex Trainer
  • #8,854
  • Jun 23, 2008 11:41pm Jun 23, 2008 11:41pm
Quoting dove_alliance
I don't know.... but one thing I do know is I really enjoy gathering these pips on the eur....... the ones that the bank in London decided to go after........
Nice one Dove - I'll have to set my alarm an hour earlier......
Trading Levels with WRBs
  • #8,855
  • Jun 23, 2008 11:46pm Jun 23, 2008 11:46pm
Quoting Islander
Nice one Dove - I'll have to set my alarm an hour earlier......
I gave everyone heads up an hour earlier of the announcement and then 5 minute before the announcement I gave another heads up.........
The Dove - Forex Trainer
  • #8,856
  • Jun 23, 2008 11:54pm Jun 23, 2008 11:54pm
the USD/JPY is going up.......WOULD IT BREAK THE 108,50 THIS TIME...
in the hourly chart i think its a overbought .....but who knows...
pip and run ....
  • #8,857
  • Jun 24, 2008 12:10am Jun 24, 2008 12:10am
Quoting pipo77
the USD/JPY is going up.......WOULD IT BREAK THE 108,50 THIS TIME...
in the hourly chart i think its a overbought .....but who knows...

hope you're right pipo.... I'm long from 108.... but too overbought for my taste
  • #8,858
  • Jun 24, 2008 12:15am Jun 24, 2008 12:15am
Quoting Sole
hope you're right pipo.... I'm long from 108.... but too overbought for my taste
be careful ,it tried to break it so many time in the past 2 weeks , it couldn't...am not sure about this time....
pip and run ....
  • #8,859
  • Jun 24, 2008 12:17am Jun 24, 2008 12:17am
Quoting Sole
hope you're right pipo.... I'm long from 108.... but too overbought for my taste
yes it's i see we can drop to (107.50 - 107.60) and if we dont break supports iam planing to go long...
ps i'll post my chart soon..
  • #8,860
  • Jun 24, 2008 12:19am Jun 24, 2008 12:19am
Quoting pipo77
the USD/JPY is going up.......WOULD IT BREAK THE 108,50 THIS TIME...
in the hourly chart i think its a overbought .....but who knows...
i think we 'll break it on this week..lets wait and see..
28 traders viewing now