We're all stories in the end. Just try to make it a good one.
Looking for Death Cross and Golden Cross indicators 4 replies
Rsi cross indicator? (NOT cross 50, etc) 44 replies
Royal Cross/Fresh Cross 7 replies
Money Management applied to cross currency pairs 2 replies
Correlation of cross pairs 3 replies
DislikedA 400 pip correction after a strong uptrend DOES NOT mean a change in monetary policy. A simple "slip of the tongue" by the BOJ or a rumor could do that in 1-2 days time. How about this particular statement: Japan’s finance minister was reported last week saying that the fall in the yen might have gone too far, sparking a rise in the value of the Japanese currency. You're telling me that a 400 pip correction is out of the question and will send them back into deflation for another 10 years? That is ludicrous to even think...Ignored
DislikedI am so glad I held onto my e/j shorts. closed half my positions for +133 pips today ^_^ yahoo! I waiting to get in short at 127 , but i figured 126.88 would do just fine. what a great morning.Ignored
Disliked100pips,
what time do you think will be the best time to trade jpy pairs ?
is that tokyo session ?Ignored
DislikedI am so glad I held onto my e/j shorts. closed half my positions for +133 pips today ^_^ yahoo! I waiting to get in short at 127 , but i figured 126.88 would do just fine. what a great morning.Ignored
DislikedHi Ronald,
I also trade AUD/USD but to be honest, NZD/USD doesn't seem to respect support / resistance or trend lines as well as AUD/USD does in my opinion so I personally don't trade it as often.
I guess this is why I prefer trading AUD/JPY over even NZD/JPY...
What pair you trade, the time frame you trade, and style of trading all boils down to personal preference so make sure you stick with what is comfortable for you.
If you pull up weekly / monthly charts for AUD/USD, NZD/USD, AUD/JPY, and NZD/JPY you will see that the AUD trades...Ignored
DislikedThanks for your reply. I really appreciate your perspective and opinion. I'm following your threadIgnored