DislikedHi strat,
thanks for this thread. I am new to this thread, so should I start to read through from post 1? thanksIgnored
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DislikedHi strat,
thanks for this thread. I am new to this thread, so should I start to read through from post 1? thanksIgnored
DislikedHi Strat and all,
This is only my second post as I'm still going through this thread and J16 and am trying to digest all the info.
As I've seen some of you post USD/JPY charts, I thought I'd post a chart of USD/JPY from my broker and see what you think of my analysis. Your comments will help me see where I'm at and how I am going about learning PASR.
June 20 bar was a shooting star. Price is below Daily 20 and 50 with the 20 acting as resistance. It also coincides with 50% fib. We have been seeing LH and LL since April. Looks like a good short...Ignored
Dislikedusdyen - I'm looking at short too. I'm troubled by any correlation with the equities though. The yen usually weakens when equities rally (carry trade to borrow cheap and finance long positions in other markets). So does this mean that people are paying back their yen and selling shares - will there be a fall in equities? Or is there a 2 week lag on usdyen?
Or should I just bin all that funnemental 'rubbish' and just trade what I see on the charts? (Come on Nic, tell me!!)
Anyway - I'm long equities on the BUOB on the weekly FTSE/DOW and short...Ignored
Dislikedusdyen - I'm looking at short too. I'm troubled by any correlation with the equities though. The yen usually weakens when equities rally (carry trade to borrow cheap and finance long positions in other markets). So does this mean that people are paying back their yen and selling shares - will there be a fall in equities? Or is there a 2 week lag on usdyen?
Or should I just bin all that funnemental 'rubbish' and just trade what I see on the charts? (Come on Nic, tell me!!)
Anyway - I'm long equities on the BUOB on the weekly FTSE/DOW and short...Ignored
DislikedNice article - I can relate to that.
How do you determine your 1st level of s/r and daily s/r?
ThanksIgnored
DislikedGo to the top of the page. Look to the right. Find the box that says "Page 281 of 281". Find the box that says "First". Click on "First". Read the FIRST post on the FIRST page. When you understand the FIRST post move onto the second post. Keep repeating until you reach "LAST" post.Ignored
DislikedHi Strat,
I ve expected reply like that,I ve been reading your thread for last two months so what else to expect.I like your sense of humor,if I could I would give you that remaining 10th vouch for that,but not only for that,of course.Still more than 100 pages to go and still learning PASR from J16,as you recommended.
Can't stop laughing.Ignored
DislikedIs there an Absolute Beginner out there who has read all the thread AND understands PASR, has the PATIENCE and DISCIPLINE and has a REAL, LIVE account (not demo) who volunteers to do this by posting their trades live on here?Ignored
DislikedDespite how much you don't like it, I DON'T, i can show, NO THANK YOU, THIS THREAD IS FOR TRADING THE DAILY AND HIGHER TIME FRAMES, how everything on here can be translated to any time frame you like, but not much daily action for me...that's because you have stopped looking!Ignored