I rest my because you don't know what you are saying, you said that USDJPY hits $73 and now you try to change to 75? ntz ntz not good Nostraderdamus
If you cannot comprehend these subtle differences, maybe this activity may not be your "cup of tea"
Guys, chill out! 
@Mpt
Years of experience and shadows of the past make it difficult to see things and people in front of you, I know. But if such a newbie, rookie and greenhorn like my meagre self can say something, then I would suggest to read who said what, before throwing buckets of words of anger and elder's wisdom at everybody here
@MisterSpread
One thing is certain about forex: that nothing is certain. Betting on Abe's election is risky, betting on BoJ's statements just as much so, given their inability to devalue JPY in the past. The perspective is rather murky at the moment. But, each to its own...
@Mpt
Years of experience and shadows of the past make it difficult to see things and people in front of you, I know. But if such a newbie, rookie and greenhorn like my meagre self can say something, then I would suggest to read who said what, before throwing buckets of words of anger and elder's wisdom at everybody here
@MisterSpread
One thing is certain about forex: that nothing is certain. Betting on Abe's election is risky, betting on BoJ's statements just as much so, given their inability to devalue JPY in the past. The perspective is rather murky at the moment. But, each to its own...
- #32,106
- Nov 29, 2012 6:22am Nov 29, 2012 6:22am
- Joined Nov 2009 | Status: Trader | 2,582 Posts
Guys, chill out!
@Mpt
Years of experience and shadows of the past make it difficult to see things and people in front of you, I know. But if such a newbie, rookie and greenhorn like my meagre self can say something, then I would suggest to read who said what, before throwing buckets of words of anger and elder's wisdom at everybody here
@MisterSpread
One thing is certain about forex: that nothing is certain. Betting on Abe's election is risky, betting on BoJ's statements just as much so, given their inability to devalue JPY in the...
It's late evening here. I'm heading off. Best wishes to you
And I'm no elder. And I have no wisdom. But I have seen and learnt a few things on JPY pairs.
Good night
- #32,108
- Nov 29, 2012 6:36am Nov 29, 2012 6:36am
- Joined Nov 2012 | Status: trend > bias | 2,772 Posts
- #32,113
- Nov 29, 2012 7:46am Nov 29, 2012 7:46am
- | Joined Aug 2012 | Status: Trader, baker, candlestick maker! | 728 Posts
Wow! Three pages of discussion about trading hopes, interventions, wishes and so on, and how stupid it is to do it and no one, beside brinks(sup mate?) who wasn't even taking part in it, posted a chart or a valid fundamental analysis! That is impressive.
Been lately occupied with a little startup setting here in Poland, but still this is how i see it in long therm, if we are talking about years 2013-2014. At weekly TF all the down trend lines were broken, i don't see any better reason to belive in reversal than this. Also look at the bar starting...
ON Topic : Awesome chart is a simpler/basic version of the one that I posted a few days ago... since than I added added also Fiboon my chart, I know that a graph with too many indicators is not good but it helps me
Wow! Three pages of discussion about trading hopes, interventions, wishes and so on, and how stupid it is to do it and no one, beside brinks(sup mate?) who wasn't even taking part in it, posted a chart or a valid fundamental analysis! That is impressive.
Been lately occupied with a little startup setting here in Poland, but still this is how i see it in long therm, if we are talking about years 2013-2014. At weekly TF all the down trend lines were broken, i don't see any better reason to belive in reversal than this. Also look at the bar starting...
A pinch of salt: the same analysis, done between 2006 and 2008, could be interpreted in a way that the Q1 2008 peak, at +/- 110, would be a reversal, whereas it was merely a pullback, followed by an even steeper slope down. Do you think that the current uptrend would be confirmed when it closes above this year's March high, approx. 84.20?
- #32,117
- Nov 29, 2012 8:35am Nov 29, 2012 8:35am
- | Joined Oct 2011 | Status: Trader | 1,247 Posts
Well done, Haqu, a piece of solid analysis based on robust foundations
A pinch of salt: the same analysis, done between 2006 and 2008, could be interpreted in a way that the Q1 2008 peak, at +/- 110, would be a reversal, whereas it was merely a pullback, followed by an even steeper slope down. Do you think that the current uptrend would be confirmed when it closes above this year's March high, approx. 84.20?
its a tricky one if you fib the whole move down from 2007 which started at 124.130 it needs to be up near 112 to confirm reversal i think maybe someone will correct me coz im not 100% sure on that
- #32,118
- Edited 9:10am Nov 29, 2012 8:51am | Edited 9:10am
Well done, Haqu, a piece of solid analysis based on robust foundations
A pinch of salt: the same analysis, done between 2006 and 2008, could be interpreted in a way that the Q1 2008 peak, at +/- 110, would be a reversal, whereas it was merely a pullback, followed by an even steeper slope down. Do you think that the current uptrend would be confirmed when it closes above this year's March high, approx. 84.20?
