USD/JPY Discussion

Bristolxyz - how did you attached that picture........??????

Dove,

Find the pic you want (on internet), right click and save picture as (or save image as).
Save it to your computer, then in the box where you format a post (or reply), scroll down and you will see "Manage Attachments"

CLick that button, and "Upload an image"

That's just it...... I have it on my computer and I need to know how to attached it to the post I make........

OK - I think I understand....... I got 3 charts I want to share........ I'll give it a shot......

Button labled "Manage Attachments" at botton of Post or Reply window...

Just for fun I decided to zoom out and overlay a downtrend fib channel on my existing chart...very interesting. You can see how the uptrend from March has been affected by the downtrend fib channel lines, and that the Channel High has become a support line over the past 2 1/2 weeks. PA is reaching both the downtrend channel high and the uptrend channel low. I have no idea how it will react- but I'll keep my eyes on it. I'll let the smarter people here figure it out

_

Hello Everyone,

I have spent many years in this market and the one thing I have learned the most is what ridicule means….. I have many friends on this thread that knows me from the past….. They also know who I am and what I can achieve…….

I am now speaking to the new traders who are seeking a way to make it in this market….. I have nothing against fundamental traders or technical traders….. There are hundreds of ways of making money in this market……. But one thing is for sure, in order to make it; you must always be focus and have complete patience with yourself, and also with the market.

There will be traders who will try to convince you that their way is the best way….. There will be traders that will tell you that their analyses are right and listen to them very carefully …… There will be traders telling you to follow the Dow, or the Stocks and that is the way to enter you trades……. There are so many ways that you will hear as you search and seek for the answers….. The only true answer is your ability to learn this market as it truly is; the momentum, the highs, the lows, the closings, price level, price movement and so on……. That my friends are what you need to learn…… Once you have done that, then you can, and will be able too, understand indicators.

This is why there are traders that have no use for indicators and my perception, and it is only my perception, is because they lack the understanding of what the market is really all about.

Below are 3 1 hour charts: the first two is the EUR/JPY and the first one shows the indicators coming together for the entry and at 10:00 I place my order on the retrace at 169.16 for a sell and collected 100 pips…… On the second chart it shows the entry of the previous day at 03:00 and I entered that trade at 167.80 on a buy for 100 pips….. On those indicators is where they all come together for the entry and also tells me how many pips I can collect…….

On the third chart is the USD/JPY in which I made an entry at 07:00 yesterday morning at 107.75 for a sell and collected 100 pips.

You also can see the converging of indicators giving me the entry and also again, how many pips I can collect…….

Don’t let anyone ever tell you indicators are not the way…… Because my friends…… As you can see…… Indicators are the way……

Dove,

I looked thru a lot of you rposts but did not see anything that answers this next question... If it is available, please point me in the right direction....
What indicators are you using and what are the settings?

Bristol

Dove got this things from above.....he stated that Jesus showed him how to trade...and well I do believe in what he says.

Now for a human to first come up with the concept and second get the "know how" and use the concept sucessfully is another thing.

I hope Dove can teach us someday !!!!

PM me with your name and private email.......

The time is coming soon.

Debated with myself for awhile about posting this... I think it's time to examine a few of this guys statements, please bear with me, as I am unwilling to watch this thread go down the tubes again and remain quiet. Unfortunately, for each of the few posts I selected to reply to, there are usually a couple more just like them. I should also mention I have NOT included any of the extracted posts sent to the recycle bin, as that is the best place for them.

Please, if responding to this post do not simply hit the "quote" button on the whole thing. Once is bad enough, and there's no need for more yards of long posts endlessly getting quoted and requoted.

OK, we all know about the lagging thing, but many of us still find them useful. Don't presume to know what I or anyone else actually does with them.

Ah ha! So you do find indicators useful for something. And "trading against the herd"?? Is that the strategy you would encourage the newbies to follow? Since simply looking at the charts is all I've really seen you say to this point, maybe it really is that simple for you.

Hmmn, as that comment actually followed dove's post to someone else, I know for a fact those are just a couple tools among several that he uses, not to mention massive experience, and not the sole basis for any trade he makes. That would be ridiculous.

Now that one may actually be somewhat true, but I draw a huge distinction between "no idea what they're talking about", and somewhere in the learning curve of things. Harsh.

Now this is really curious. You seem to have a real issue with dove in particular, his trades, and his unwillingness to come around to your way of thinking, and by extension anybody that is in some measure of agreement with his perception of the market, even if that perception predates his active return to this thread. He's certainly not alone in that thinking, but whatever, unless you mean to take on any and everybody that sees things differently than you. Which is a distinct possibility I suppose...

You also seem to have an issue with anybody that uses indicators and their unwillingness to abandon them for your way of trading, whatever that is. You're certainly entitled to that method, as are all of us to ours. It does not bother me for instance how you trade, and if you make pips, good on you. No worries there for me there either.

However, as annoying, insulting, and obnoxious as you seem to intend to be in your less than one month of membership here, there is one thing I have not been able to reconcile, and it is this, and you can refer to the pic if that helps.

You join Forex Factory on Friday May 30, 2008. Ok, nothing wrong with that, but 3 days later on Monday June 2, you've already appointed yourself the thread police, and referring to things you've seen that I find hard to believe actually happened in the first 72 hrs or so of your active membership over a WEEKEND no less...

So steelhead, tell us, who are you really, or maybe it's who were you before? Or maybe you haven't really seen anybody get booted, it just sounded good. I don't know, it just gets so confusing being in the 95% ignoramus sector of things...

This is the only post I will ever make on this subject, and will probably not reply to anything unless really necessary. I've said all I intend to. You really seem to have way too much of an agenda for someone showing up like 21 trading days ago, and you seriously need to adjust some things if you intend to be a contributing participant on this or any other thread. Excepting your own two of course. Or three if you count the recycle bin.

link to post below: http://www.forexfactory.com/showthread.php?p=2076315

are you being sarcastic or you are sirius?

He is serious Carlos - I thought you knew that.....

becouse if you are being sarcastic and you don't belive then why bother?

He is alright Carlos - I believe you read it wrong..... smiling......

I'm a Christian Chonchy....I do believe in this kind of things. Some people may find that Forex may be a weird place to find some kind of spirituality...but the truth is that God allways try to reach people where they are...doesn't matter "where".

I got in this thing at the 106.85 and if it bust through the pivot at 107.19 then the R1 is my target.......

Well, I'm spent. It's almost 2:00 AM. I'm hitting the sack! GNite!
ZZZZZzzzzzz

I'm taking 10 pips and wait.......