But in my mind it really doesn't make sense. Fundamentals tells us that US economy is doing fantastically well given the job figures. And JYP isn't. There is obvious monetary divergence. Eventually JYP will get to the +125s - as rates will raise in US eventually. So I don't understand why there's such a bull market for the JYP? There isn't any sort of volatility today...
- #57,843
- Sep 4, 2015 9:20am Sep 4, 2015 9:20am
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts
- #57,844
- Sep 4, 2015 12:06pm Sep 4, 2015 12:06pm
- Joined May 2012 | Status: CoC'd again ! | 8,578 Posts
...plus -- it is Friday!
A.K.A. no-holds-barred-day
A.K.A. no-holds-barred-day
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
- #57,846
- Sep 4, 2015 1:05pm Sep 4, 2015 1:05pm
{quote} One thing I have learned in all my chart watching is that the minute you pin your reputation to some solid numbers the market does something else....
It most definitely is feeling that way..... Have a good weekend guys....
FREEDOM IS SECURITY.
- #57,847
- Sep 4, 2015 1:16pm Sep 4, 2015 1:16pm
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts
- #57,849
- Sep 4, 2015 9:20pm Sep 4, 2015 9:20pm
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts
Got to get me one of those helmets but then how do I keep it from crushing my tinfoil hat?
- #57,858
- Sep 8, 2015 2:49am Sep 8, 2015 2:49am
1-hourly chart... USDJPY holding within a descending trend-channel. 119.60 to act as immediate resistance, with 120.00 as strong resistance. Short-trade, targeting lower trend-line support, currently near 118.30 level, with SL above 120.00 mark. {image}
- #57,859
- Sep 8, 2015 3:07am Sep 8, 2015 3:07am
HareshBM not every trader likes indicators but I add two bollingers one at setting 100/2 and the other at setting 100/3 and I trade 4 hourly chart mostly, when added you can see that once price has broken each new trend line we traders draw it always wants to touch that midline.... same indicators that do same job are Keltner set at 40/2 and 40/4.... Eventually the price is going to hit the midline.... I use this on everything and when used with the trend lines for breakouts etc its a really powerful directional forecast.... For better description you can read another post I sent to MadLu at http://www.forexfactory.com/showthre...35#post8462135 and see where I started stacking up the trades........ Comments welcome my friend
FREEDOM IS SECURITY.
- #57,860
- Edited Sep 9, 2015 12:05am Sep 8, 2015 11:52pm | Edited Sep 9, 2015 12:05am
- Joined Sep 2014 | Status: Trader | 4,176 Posts