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USD/JPY Discussion

  • #42,021
  • Jan 23, 2014 11:36pm Jan 23, 2014 11:36pm
Quoting todstars2
{quote} Muah!
Seriously buddy,

Remove your "Trendlines", and have a look at the horizontal lines that are built into your chart.

Draw horizontal lines that may indicate supported areas and resisted areas.

Why do you even bother keeping them on your chart if you don't bother using them?

You are guessing.

You are over complicating.

Nobody is impressed. The harder you defend this bad logic, the harder it will be for you to form better habits.

Do you need me to show you?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #42,022
  • Jan 23, 2014 11:43pm Jan 23, 2014 11:43pm
Quoting Magix
{quote} Seriously buddy, Remove your "Trendlines", and have a look at the horizontal lines that are built into your chart. Draw horizontal lines that may indicate supported areas and resisted areas. Why do you even bother keeping them on your chart if you don't bother using them? You are guessing. You are over complicating. Nobody is impressed. The harder you defend this bad logic, the harder it will be for you to form better habits. Do you need me to show you?
Now you moved up to...

Condescending Prick.

LoL!
  • #42,023
  • Jan 23, 2014 11:46pm Jan 23, 2014 11:46pm
The Primary Trend lies along the line that begins at 95.93 connecting to 96.94 and extending into "infinity"

Trouble is, remaining conservative, it is not a CONFIRMED Trend until a third attempt at penetration is made.

All other lines are of a Intermediate nature, mainly just fun to play with...but easy to get burned by.

LoL!
Attached Image (click to enlarge)
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  • #42,024
  • Jan 23, 2014 11:48pm Jan 23, 2014 11:48pm
I think that the actual currency USD/JPY is what we are supposed to talk about? Not Pricks, or special Pricks?
  • #42,025
  • Jan 23, 2014 11:49pm Jan 23, 2014 11:49pm
Quoting todstars2
{quote} Now you moved up to... Condescending Prick. LoL!
You refer to me as the, "rude", one...

And continue to add to the name calling?

Are you waiting for your supporters to chime in, in agreement?

Are you really this small that you require support from others?

Do you have any sense that when you do this, you can easily both fall into and lead others into a mob mentality?

If you were trading penny stocks, you might actually have a chance at prosperity with this angle.

Here, you will only cause yourself and others harm.

Continue adding adjectives. When you have traded yourself or helped somebody else trade themselves out of market, there'll be a lot added to your nick.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #42,026
  • Jan 24, 2014 12:00am Jan 24, 2014 12:00am
Quoting Magix
{quote} You refer to me as the, "rude", one... And continue to add to the name calling? Are you waiting for your supporters to chime in, in agreement? Are you really this small that you require support from others? Do you have any sense that when you do this, you can easily both fall into and lead others into a mob mentality? If you were trading penny stocks, you might actually have a chance at prosperity with this angle. Here, you will only cause yourself and others harm. Continue adding adjectives. When you have traded yourself or helped somebody...

You didn't like to share your toys with others, did you?
  • #42,027
  • Jan 24, 2014 12:05am Jan 24, 2014 12:05am
Quoting todstars2
{quote} You didn't like to share your toys with others, did you?
You continue to make this about me instead of actually showing the value of your trendlines.



Great way to prove your market superiority.
Attached Image (click to enlarge)
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #42,028
  • Jan 24, 2014 12:09am Jan 24, 2014 12:09am
Quoting Magix
{quote} You continue to make this about me instead of actually showing the value of your trendlines. Great way to prove your market superiority. {image}

Looks like a 1 minute chart to me.

And???

You would know that: Shorter term Time Frames are easily manipulated by large players in the market, correct?


Especially when markets are thin....
  • #42,029
  • Jan 24, 2014 12:15am Jan 24, 2014 12:15am
Quoting Magix
{quote} You continue to make this about me instead of actually showing the value of your trendlines. Great way to prove your market superiority. {image}

It's been fun Magix...

I feel very lucky to have been allowed to bask in the "warm glow" of your hospitality and most educated of minds.
  • #42,030
  • Jan 24, 2014 12:17am Jan 24, 2014 12:17am
Quoting todstars2
{quote} Looks like a 1 minute chart to me. And??? You would know that: Shorter term Time Frames are easily manipulated by large players in the market, correct? Especially when markets are thin....
If you have no concept of market, you can equally not understand any of the time frames.

They all play the same, only the ranges change.

Quit thinking about bullshit. No trendlines. No market manipulation. No fundamentals...

Just a chart. Where was price supported. Where was price resisted.
Attached Image (click to enlarge)
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #42,031
  • Jan 24, 2014 12:25am Jan 24, 2014 12:25am
Quoting Magix
{quote} If you have no concept of market, you can equally not understand any of the time frames. They all play the same, only the ranges change. Quit thinking about bullshit. No trendlines. No market manipulation. No fundamentals... Just a chart. Where was price supported. Where was price resisted. {image}

Daily Charts

Separate Wave Formations creating ...

Basing Points.

w/ "clear air" between.

Not everyone has to be just alike...

It's okay ...
  • #42,032
  • Jan 24, 2014 12:28am Jan 24, 2014 12:28am
Cool it guys. There are more constructive ways to get your point across.

uj? I bought it. Trend lines, pa, cave birds, and all.
  • #42,033
  • Jan 24, 2014 1:11am Jan 24, 2014 1:11am
Possible Trend Line Break!

BuyStop @ 103.58
StopLoss @ 103.07
Takeprofit@ 104.09
Attached Image (click to enlarge)
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  • #42,034
  • Jan 24, 2014 2:17am Jan 24, 2014 2:17am
Quoting kweiss10
{quote} still in your long there? whats your target?
...erm, yes. Anything around 104.70
Getting back above 104 could prove difficult.
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
  • #42,035
  • Jan 24, 2014 2:23am Jan 24, 2014 2:23am
Quoting Exodus
{quote} ...erm, yes. Anything around 104.70 Getting back above 104 could prove difficult.
Its about to crash and in so doing maybe negate its uptrend. Under 102.8 its all over
  • #42,036
  • Jan 24, 2014 2:52am Jan 24, 2014 2:52am
Quoting Mpt
{quote} Its about to crash and in so doing maybe negate its uptrend. Under 102.8 its all over
could be, but somehow I still feel / see / suspect this is going to be one of the best discounts for this pair in the next month...either way my allocation if full, so continuing to sit on hands.

that being said, 102.7x could prove to be a key level.
  • #42,037
  • Jan 24, 2014 3:20am Jan 24, 2014 3:20am
Quoting Magix
{quote} Awwwwwwwwww, Peaches... Are you feeling a little bit delicate? So, really... I'm a prick because you have no conceptual idea of what a trendline is? or I'm a prick because I've told you that you don't know what a trendline is? Either way... You're still wrong. And your chart is still offensive. Learn a little about market and when you get all big n strong n stuff...then, come back and be all tough n shit. Throwing profanity out, doesn't make you any better of a person. Don't make you any better at your game. Just means that you are defending...
The chart is not offensive. Saying it is offensive is wrong. I do bit agree with that chart though as anyone can choose how to draw their own lines to their own likings. A bull will draw them one way and a bear another way. All depends on whom you ask to draw them lines.

S&P500 has not broken resistance yet but getting close now.
  • #42,038
  • Jan 24, 2014 3:41am Jan 24, 2014 3:41am
Any chance we are gonna go back up to the 104 range? I took a long position and I'm down 100 pips
  • #42,039
  • Jan 24, 2014 3:55am Jan 24, 2014 3:55am
Quoting Tokalski
Any chance we are gonna go back up to the 104 range? I took a long position and I'm down 100 pips
there is always a chance for anything to happen...probably not the best way to trade though. if you've worked out your risk then sit tight...but you should have a plan for what to do if it spikes down to 102.50 and below, as well as a plan of what to do if it jumps up and closes above 103.8x before the weekend.

once you have your plan...make adjustments as pa develops and price reacts to order blocks...besides that just stick to your plan.
  • #42,040
  • Jan 24, 2014 3:59am Jan 24, 2014 3:59am
Quoting Tokalski
Any chance we are gonna go back up to the 104 range? I took a long position and I'm down 100 pips
The 102.9X region has been tested a few times. This time it may stay down. I lost my weekly earnings last night. still not over that yet
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