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USD/JPY Discussion

  • #39,081
  • Nov 8, 2013 8:23am Nov 8, 2013 8:23am
when will new york open
  • #39,082
  • Nov 8, 2013 8:24am Nov 8, 2013 8:24am
ForexFairy, towards somepoint i agree with you, we cant predict about the FX market, but what it's about is the analysing part which increase a higher probability of a profitable trade.

In the end, regardless to which direction, we're all tied down with our individual analysing details...
Sincerely Yours Cheers!
  • #39,083
  • Nov 8, 2013 8:26am Nov 8, 2013 8:26am
Quoting nisack
i can only respond to this with swearing words. regardless, i got slapped and made 15% loss even though i caught up a bit tonight. now i struggle whether to continue or not. i always know i end up losing if i try too hard.

You need to learn from rocky in Rocky Balboa rocky VI where he gives his speech to his son about how life keeps on hitting you but you got to roll with the hits. Just like how you got roll with the losses in trading and finally make a profit overall.
  • #39,084
  • Nov 8, 2013 8:27am Nov 8, 2013 8:27am
Quoting DingDongWay
ForexFairy, towards somepoint i agree with you, we cant predict about the FX market, but what it's about is the analysing part which increase a higher probability of a profitable trade. In the end, regardless to which direction, we're all tied down with our individual analysing details...


Yup that's right cheers to all our various methods we use.


I'm consulting my local gypsy fortune teller and worshipping the god of forex. Oggga shaggaaa
  • #39,085
  • Nov 8, 2013 8:31am Nov 8, 2013 8:31am
Quoting forex_fairy
You cannot guarantee anything.
Well if I could guarantee my calls, I would be already dominating world and you would be all my employees. Its not about guaranteeing, its about analysis. Now I can tell you UJ is going to go to 104 @ summer next year and 111 on 2015, and I mean it and plan to ride it till 2015. Nevertheless, its not a guarantee, just my opinion coming out of my analysis. Definitely not worth to trade, but better than saying its all crystal ball.
"I know one thing, that I know nothing." Sokrates
  • #39,086
  • Nov 8, 2013 8:38am Nov 8, 2013 8:38am
apparently Bernanke will show face today for some event. we will see if he makes anything hawkish.

personally i think buying as it dips would be good to hold until asia market opens, despite that may mean another few more nights of bad sleep.
  • #39,087
  • Nov 8, 2013 8:38am Nov 8, 2013 8:38am
Fakeout yesterday cleaned out all the model accounts and retailers that got long the move above 99.00. Cleaned out the entire order book I would imagine


Now we can move higher on pure USD strength. Breakout time.
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  • #39,088
  • Nov 8, 2013 8:41am Nov 8, 2013 8:41am
Quoting Tom_D_Trader
{quote} Well if I could guarantee my calls, I would be already dominating world and you would be all my employees. Its not about guaranteeing, its about analysis. Now I can tell you UJ is going to go to 104 @ summer next year and 111 on 2015, and I mean it and plan to ride it till 2015. Nevertheless, its not a guarantee, just my opinion coming out of my analysis. Definitely not worth to trade, but better than saying its all crystal ball.

Didn't i mention no one could guarantee anything earlier and it's even more difficult when it's short term compared to long term and even then it's not a guarantee at all.


I said cheers to all the various methods we use and frankly why are u flaming the crystal ball method? This isn't a science like 1+1 = 2 for example or that water will definitely boil at 100 C. That is why so many ppl stress about being able to handle the losses and the psychology aspect in which many ppl ignore. Btw 104 at summer next year is really far away. That's months away and an eternity to some of us here. Not everyone is going to wait that long and if it's actually going to reach that number 104.


Wonder what pisses u off about the crystal ball method it probably gets it more correct than your analysis.
  • #39,089
  • Nov 8, 2013 8:42am Nov 8, 2013 8:42am
Quoting forex_fairy
{quote} You need to learn from rocky in Rocky Balboa rocky VI where he gives his speech to his son about how life keeps on hitting you but you got to roll with the hits. Just like how you got roll with the losses in trading and finally make a profit overall.
thanks brother, learned the hard way so i am stopping for now until there is a more reasonable entry (took profit already), or unless it goes beyond 98.8... ha it just did.
  • #39,090
  • Nov 8, 2013 8:48am Nov 8, 2013 8:48am
Quoting forex_fairy
Wonder what pisses u off about the crystal ball method it probably gets it more correct than your analysis.
Dont tell me wrong, I cant get pissed of. I ve lost 35% floating yesterday and merely blinked. I am just analytic to the depth of my soul and dont like someone saying its random, thats all. I can imagine South American shaman beeing able to leave his physical body and unite mind with universe. I just cant do it, if you can, good for you . Gtg, its Friday, not trading chop (and holding 98,66 BE 12:1).

Cya later,

T
"I know one thing, that I know nothing." Sokrates
  • #39,091
  • Nov 8, 2013 8:53am Nov 8, 2013 8:53am
Quoting Tom_D_Trader
{quote} Dont tell me wrong, I cant get pissed of. I ve lost 35% floating yesterday and merely blinked. I am just analytic to the depth of my soul and dont like someone saying its random, thats all. I can imagine South American shaman beeing able to leave his physical body and unite mind with universe. I just cant do it, if you can, good for you . Gtg, its Friday, not trading chop (and holding 98,66 BE 12:1). Cya later, T
i like your style. Stops set to BE going into news
The Meek Shall Inherit The Earth...
  • #39,092
  • Nov 8, 2013 8:54am Nov 8, 2013 8:54am
this thread is so active right now
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
  • #39,093
  • Nov 8, 2013 8:56am Nov 8, 2013 8:56am
US numbers missed. long stopped @ be . Took a short thinking we mit have a re run of yesterday
The Meek Shall Inherit The Earth...
  • #39,094
  • Nov 8, 2013 8:58am Nov 8, 2013 8:58am
Quoting IBBinary
US numbers missed. long stopped @ be . Took a short thinking we mit have a re run of yesterday
Yeaa I have the same fears as you.
Never let success get to your head because the market will punish you
  • #39,095
  • Nov 8, 2013 9:26am Nov 8, 2013 9:26am
If today or next week UJ couldn't break up the triangle in which is locked too long if someone asks me, even my patience would be on a thin rope. Maybe it will break it when nobody expects it.
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
  • #39,096
  • Nov 8, 2013 9:31am Nov 8, 2013 9:31am
Lord it's rising i hope it doesn't break my heart like yesterday.
  • #39,097
  • Nov 8, 2013 9:33am Nov 8, 2013 9:33am
Quoting forex_fairy
Lord it's rising i hope it doesn't break my heart like yesterday.
got any positions open?

anybody on shorts?
  • #39,098
  • Nov 8, 2013 10:04am Nov 8, 2013 10:04am
Will usd/jpy gone cross 99.5 mark today??
  • #39,099
  • Nov 8, 2013 10:06am Nov 8, 2013 10:06am
market madness recently! i wonder how many broken accounts or fortunes made?? i guess many of the former!

not touching the market while it's like this, friday close coming up too, be careful all and good weekend.
Do what's right for you
  • #39,100
  • Nov 8, 2013 10:09am Nov 8, 2013 10:09am
Quoting bikov
If today or next week UJ couldn't break up the triangle in which is locked too long if someone asks me, even my patience would be on a thin rope. Maybe it will break it when nobody expects it.
...it will wait until you take big short position
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
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