This Is My View 4 This Week , What About Urs...!?
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- #13,088
- Aug 9, 2009 5:09pm Aug 9, 2009 5:09pm
- Joined Sep 2008 | Status: Married - 5 Wives | 14,713 Posts
The Thief of Wall Street
Hi,
I am new to this thread.
A few words on the personality of USD/JPY pair will be highly appreciated.
This year it was trending really good in January, February up to middle of march and from then seems that taking longer term trades pays off with nice amount of pips.
Wish You lots of pips on this pair
- #13,090
- Aug 9, 2009 5:31pm Aug 9, 2009 5:31pm
- Joined Apr 2009 | Status: Technical Artist | 1,609 Posts
When it moves it really does move. Used to be fav pairs not long ago 
a few things to note IMHO, this does not go on and on like EU and GU, that is to say there are a large number of 50 % or even 61 % retraces after every major move.
a few things to note IMHO, this does not go on and on like EU and GU, that is to say there are a large number of 50 % or even 61 % retraces after every major move.
Hi
This year it was trending really good in January, February up to middle of march and from then seems that taking longer term trades pays off with nice amount of pips.
Wish You lots of pips on this pair
Its all in the mind.
- #13,091
- Aug 9, 2009 5:45pm Aug 9, 2009 5:45pm
- Joined Sep 2008 | Status: Married - 5 Wives | 14,713 Posts
When it moves it really does move. Used to be fav pairs not long ago
a few things to note IMHO, this does not go on and on like EU and GU, that is to say there are a large number of 50 % or even 61 % retraces after every major move.
I demo traded this pair a couple of years ago. Unfortunately, with very limited technical knowledge. However, retraces were quite noticeable even without using technicals. I think it was somewhere in June 2007, when this pair kicked me in the teeth.
Then decided to move to EUR/USD (first demo then real money) because of attractive spread cost. Now trying to move to bigger timeframes and therefore spread cost would be insignificant. Maybe this pair has much to offer on weekly.
The Thief of Wall Street
When it moves it really does move. Used to be fav pairs not long ago
a few things to note IMHO, this does not go on and on like EU and GU, that is to say there are a large number of 50 % or even 61 % retraces after every major move.
- #13,095
- Aug 11, 2009 9:36pm Aug 11, 2009 9:36pm
Whats price should we Long? Could you give us an advice ok?
I don't see a good entry on my charts now, so am waiting
