Never look for past.. always beyond the boundary
- #764,463
- Feb 26, 2013 8:11pm Feb 26, 2013 8:11pm
- Joined Apr 2012 | Status: Trader | 1,054 Posts
ohhh...I tried trading with EUR/JPY last two months ago and I margin call my account quickly...lol
At first it gives me good profits but later on it gives me heavy loses...end of the story.That is why I stick with EU because it's one pair that I study seriously since I start trading....
When Scalpers win, I lose and Vice varsa...
- #764,464
- Feb 26, 2013 8:14pm Feb 26, 2013 8:14pm
yeah. When trading yen pairs should be extra careful. Accounts can blow faster than we think.
for those traders who can profitably trade EUR/JPY and earn good profits with out blowing their accounts.... - #764,465
- Feb 26, 2013 8:17pm Feb 26, 2013 8:17pm
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
Agree...I have deep respect
in my book yen is Sin , its like gambling , i have deleted all yen pair chart and hide from market watch on mt4 ,now i am using xe.com to check jpy cross price
Mohan
Agree...I have deep respect
- #764,467
- Feb 26, 2013 8:22pm Feb 26, 2013 8:22pm
in my book yen is Sin , its like gambling , i have deleted all yen pair chart and hide from market watch on mt4 , i am using xe.com to check jpy cross price
Maybe studying and practicing trading with EJ pair for one whole year will do the trick?
- #764,468
- Feb 26, 2013 8:22pm Feb 26, 2013 8:22pm
- Joined Jan 2013 | Status: Trading defies logic | 4,643 Posts
in my book yen is Sin , its like gambling , i have deleted all yen pair chart and hide from market watch on mt4 ,now i am using xe.com to check jpy cross price
When the facts change I change my mind, what do you do sir
)
- #764,470
- Feb 26, 2013 8:26pm Feb 26, 2013 8:26pm
- Joined Jun 2012 | Status: ケンジ | 21,416 Posts
Really...? Yen is sin...like gambling....but why other traders are make a good killing of profits from this pair?
- #764,471
- Feb 26, 2013 8:31pm Feb 26, 2013 8:31pm
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
Really...? Yen is sin...like gambling....but why other traders are make a good killing of profits from this pair?
Mohan
- #764,473
- Feb 26, 2013 8:34pm Feb 26, 2013 8:34pm
- | Joined Feb 2013 | Status: Trader | 1,361 Posts
....
The market has it's usual up and down movements....lol
..by the way im really apreciate people using scalp system and "swing-swing" ( almost 40% always hit my SL...im bad with scalp and swing tech)
- #764,474
- Feb 26, 2013 8:37pm Feb 26, 2013 8:37pm
If you can profit from E/J consistently, trading E/U is relatively easy because S/R are mostly respected unlike E/J.
- #764,475
- Feb 26, 2013 8:37pm Feb 26, 2013 8:37pm
- Joined Apr 2012 | Status: Trader | 1,054 Posts
lot of trader gave up trading yen , yen trading need lot of discipline small mistake can make disaster. trading GBP/JPY is pure gambling if you lucky you can win jackpot
How about trading yen pairs in Options?
When Scalpers win, I lose and Vice varsa...
- #764,476
- Feb 26, 2013 8:40pm Feb 26, 2013 8:40pm
- Joined Jun 2012 | Status: ケンジ | 21,416 Posts
Really...? Too bad I study EU first...and now am finding EJ to be very difficult and dangerous to trade with. Or maybe because am not familiar how EJ moves... Anyways...I will just leave EJ to the skillful traders and I will just trade EU solely...just to be on the safe side
If you understand E/U, trading E/J is easy to learn. You need 3 charts E/U, E/J and U/J at all time. Additionally watch Nikkei, US 5-year, 10-year and 30-year. USD index, Euro Indices etc etc.
So if you trade GBP/JPY, have to really understand GBP/USD. etc etc.
- #764,477
- Feb 26, 2013 8:41pm Feb 26, 2013 8:41pm
- | Joined Feb 2013 | Status: Trader | 1,361 Posts
in my book yen is Sin , its like gambling , i have deleted all yen pair chart and hide from market watch on mt4 ,now i am using xe.com to check jpy cross price
but starting this week, i try on my demo account enter eurjpy...kind of wonder it will work for my trading like my eu
- #764,478
- Feb 26, 2013 8:42pm Feb 26, 2013 8:42pm
- Joined Jan 2008 | Status: HEY! WHA' HAPPENED? | 15,496 Posts
How about trading yen pairs in Options?
Not all sins are created equal