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USD/JPY Discussion

  • #52,341
  • Dec 4, 2014 1:39am Dec 4, 2014 1:39am
Seriously though fellow traders, I have played these tag alongs over the years. A good 8 out of 10 went bad. Even when I was well in profit it only took seconds to be smacked negative. What appears to be quiet action in the chart right now is a fasod to the extreme. Heavy weight price ladder bid offer flexation gojng on under the hood. Spot and Futures are at play here.
"Look Left Think Right"
  • #52,342
  • Dec 4, 2014 2:21am Dec 4, 2014 2:21am
Sometimes past experiences will help. We shouldn't deny the possibility of not touching 120 same as happened to EU at 1.4000........
  • #52,343
  • Dec 4, 2014 2:23am Dec 4, 2014 2:23am
But also remember and keep in mind what happened when UJ was testing 110. If you don't know or remember, just go back in your charts and look at it.
Please check out my blog at https://from-zero-to-hero . net
  • #52,344
  • Dec 4, 2014 3:00am Dec 4, 2014 3:00am
Quoting Alstre
Just wondering how many here are like me that trades for a living ?
I do
  • #52,345
  • Dec 4, 2014 3:03am Dec 4, 2014 3:03am
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY_H1.gif Size: 157 KB
  • #52,346
  • Dec 4, 2014 3:18am Dec 4, 2014 3:18am
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY_W.gif Size: 158 KB
  • #52,347
  • Dec 4, 2014 3:23am Dec 4, 2014 3:23am
pair wants 120 so damn bad haha, inching and inching closer to it..

i know after 120 i expect a nice pullback maybe 100 pips or so.. tread cautiously after this next push up... :nerd:
(always a reload on a dip)

  • #52,348
  • Dec 4, 2014 4:38am Dec 4, 2014 4:38am
Quoting Alstre
Just wondering how many here are like me that trades for a living ?
I am.

Average monthly profit withdrawal SGD8000.
  • #52,349
  • Dec 4, 2014 4:43am Dec 4, 2014 4:43am
Quoting pohchuan
{quote} I am. Average monthly profit withdrawal SGD8000.
NICE! me too. this is all i do, about $10,000 a month average
  • #52,350
  • Dec 4, 2014 4:48am Dec 4, 2014 4:48am
Quoting Liam0530
pair wants 120 so damn bad haha, inching and inching closer to it.. i know after 120 i expect a nice pullback maybe 100 pips or so.. tread cautiously after this next push up... :nerd: (always a reload on a dip)
Been looking to short EUR/JPY based on my similar expectation. But (essentially), it has not moved in a week
  • #52,351
  • Dec 4, 2014 4:59am Dec 4, 2014 4:59am
Quoting Liam0530
{quote} NICE! me too. this is all i do, about $10,000 a month average
Only 10k ?
COT: The precious data ignored
  • #52,352
  • Dec 4, 2014 5:13am Dec 4, 2014 5:13am
Quoting pohchuan
{quote} I am. Average monthly profit withdrawal SGD8000.
I do very little trades per month, but my income are very nice. I am coward, but it combination with good income. I am standart trade and don't like this talking Micro trash trades, Gambleres. They talking, smoking bot and just loosing. They never become a trader. Love you all fellow traders.
  • #52,353
  • Dec 4, 2014 5:15am Dec 4, 2014 5:15am
Quoting kuroro001
{quote} Only 10k ?
yup. average
  • #52,354
  • Dec 4, 2014 5:18am Dec 4, 2014 5:18am
Quoting Liam0530
{quote} yup. average
not bad!
All posts are my personal opinion
  • #52,355
  • Dec 4, 2014 5:24am Dec 4, 2014 5:24am
Quoting x58
{quote} I do very little trades per month, but my income are very nice. I am coward, but it combination with good income. I am standart trade and don't like this talking Micro trash trades, Gambleres. They talking, smoking bot and just loosing. They never become a trader. Love you all fellow traders.
I have set a monthly target.

It's true that the feeling is bad when u realize there is still food on the plate after I have closed a position for the set target. Better be safe than greedy cos money is never enough.
  • #52,356
  • Dec 4, 2014 5:32am Dec 4, 2014 5:32am
Quoting Liam0530
{quote} NICE! me too. this is all i do, about $10,000 a month average
Nice...on how much equity ?
  • #52,357
  • Dec 4, 2014 5:34am Dec 4, 2014 5:34am
Quoting kuroro001
What's the fuze with 120 ? It can go way higher than that once it reaches it, its like saying EU stopped at 1,3000 a few months ago.
My guess is 125 before the end of this month/year.
  • #52,358
  • Dec 4, 2014 5:35am Dec 4, 2014 5:35am
Quoting forexboer
{quote} Nice...on how much equity ?
30k usd
  • #52,359
  • Dec 4, 2014 5:36am Dec 4, 2014 5:36am
Quoting pohchuan
{quote} I have set a monthly target. It's true that the feeling is bad when u realize there is still food on the plate after I have closed a position for the set target. Better be safe than greedy cos money is never enough.
yeah i feel the same way.. but hey profit is profit sir .. and profit is better then no profit
  • #52,360
  • Dec 4, 2014 5:41am Dec 4, 2014 5:41am
The Intraday PA screaming long again
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