Attachments: USD/JPY Discussion

USD/JPY Discussion

#58,161
Oct 14, 2015 10:37am Oct 14, 2015 10:37am

liquidice
| Joined Aug 2014 | Status: Trader | 599 Posts

Remember to take a time out for a while guys ... Lately the market really drain all my patience ... too much stress I think ...

#58,162
Oct 14, 2015 12:11pm Oct 14, 2015 12:11pm

countdown
Joined Jan 2015 | Status: [one day] | 622 Posts

Quoting shivam332

Disliked

{quote} I see free fall if it breaks 118.75.

Ignored

i like to see it break and close below 118,595 for free fall
gl

do not stand out in the open with gun ;stand in the bushes with knife..

#58,163
Oct 14, 2015 12:30pm Oct 14, 2015 12:30pm

zyphex
| Joined Nov 2014 | Status: Trader | 26 Posts

Quoting liquidice

Disliked

Remember to take a time out for a while guys ... Lately the market really drain all my patience ... too much stress I think ...

Ignored

Hello

thanks for all the advice that you post on the forum, I have a question for you, usually on average, how many hours did you dedicate to Trade Forex?

Im building an schedule for and I would like to hear from the most season traders to know how many hours did you advice me to dedicate.

thanks.

#58,164
Oct 14, 2015 12:51pm Oct 14, 2015 12:51pm

PrymeTyme
Joined Oct 2009 | Status: 5%er Wannabe | 769 Posts

Quoting zyphex

Disliked

{quote} Hello thanks for all the advice that you post on the forum, I have a question for you, usually on average, how many hours did you dedicate to Trade Forex? Im building an schedule for and I would like to hear from the most season traders to know how many hours did you advice me to dedicate. thanks.

Ignored

just hit the sreach button on FF

"forex trader cheat sheet"

basically its from TUE till THUR

london and NY open..

cheerz

#58,165
Oct 14, 2015 12:56pm Oct 14, 2015 12:56pm

PrymeTyme
Joined Oct 2009 | Status: 5%er Wannabe | 769 Posts

Quoting PrymeTyme

Disliked

{quote} just hit the sreach button on FF "forex trader cheat sheet" basically its from TUE till THUR london and NY open.. cheerz

Ignored

build your schedule arround that time period ...

#58,166
Oct 14, 2015 1:00pm Oct 14, 2015 1:00pm

SunTrader
Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts

My suggestion, build your schedule around your schedule.

There is no "one size fits all".

#58,167
Oct 14, 2015 1:03pm Oct 14, 2015 1:03pm

PrymeTyme
Joined Oct 2009 | Status: 5%er Wannabe | 769 Posts

Quoting SunTrader

Disliked

My suggestion, build your schedule around your schedule. There is no "one size fits all".

Ignored

yes and no.. if there is no one out to "play" with you, who u gonna "play" with ?

#58,168
Oct 14, 2015 1:08pm Oct 14, 2015 1:08pm

Compulsive
| Joined Feb 2012 | Status: Trader | 613 Posts

#58,169
Oct 14, 2015 1:28pm Oct 14, 2015 1:28pm

zyphex
| Joined Nov 2014 | Status: Trader | 26 Posts

thanks for your advice, I will search for the best hours base on liquidity.

#58,170
Oct 14, 2015 1:31pm Oct 14, 2015 1:31pm

PrymeTyme
Joined Oct 2009 | Status: 5%er Wannabe | 769 Posts

Quoting zyphex

Disliked

thanks for your advice, I will search for the best hours base on liquidity.

Ignored

ahh , well liquidity isnt of a big concerne to you

i guess..

but activity..!

but then again.. it all depends on your TF ie.. are you a scalper, short term trader or longterm ? swing ? investment? openend ?

#58,171
Oct 14, 2015 1:32pm Oct 14, 2015 1:32pm

stylinex
Joined Aug 2013 | Status: Trader | 4,057 Posts

I shorted the dollar against the YEN.. Anyone else expecting a big dollar drop?

#58,172
Oct 14, 2015 1:33pm Oct 14, 2015 1:33pm

PrymeTyme
Joined Oct 2009 | Status: 5%er Wannabe | 769 Posts

Quoting stylinex

Disliked

I shorted the dollar against the YEN.. Anyone else expecting a big dollar drop?

Ignored

yup..

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#58,173
Oct 14, 2015 1:36pm Oct 14, 2015 1:36pm

stylinex
Joined Aug 2013 | Status: Trader | 4,057 Posts

Quoting PrymeTyme

Disliked

{quote} yup.. {image}

Ignored

Something is cooking here...
For the first time since September 2013, The USD Index just signalled a "death cross." Three of the last four times that the 50-day moving-average crossed below the 200-day moving-average, The USD Index tumbled significantly.

#58,174
Edited 2:00pm Oct 14, 2015 1:40pm | Edited 2:00pm

PrymeTyme
Joined Oct 2009 | Status: 5%er Wannabe | 769 Posts

Quoting stylinex

Disliked

{quote} Something is cooking here... For the first time since September 2013, The USD Index just signalled a "death cross." Three of the last four times that the 50-day moving-average crossed below the 200-day moving-average, The USD Index tumbled significantly.

Ignored

well iam not into MAs .. but yea.. something is cooking !

just look at the dollar index . it "wants" to go up! but it cant! no one is following it.. who is selling ? who is "left" buying ?

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#58,175
Oct 14, 2015 2:10pm Oct 14, 2015 2:10pm

j4d
Joined Jan 2009 | Status: Learning life... | 8,355 Posts

2hrs away (GMT+2) from a possible Daily close below the Monthly 10 MA ~119.26 - Weekly ATR low about 80 pips, Monthly Low about 240 pips..
The Weekly 50ma at 118.59 next

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Memories caught in time but never forgotten

#58,176
Oct 14, 2015 2:16pm Oct 14, 2015 2:16pm

PrymeTyme
Joined Oct 2009 | Status: 5%er Wannabe | 769 Posts

Quoting j4d

Disliked

2hrs away (GMT+2) from a possible Daily close below the Monthly 10 MA ~119.26 - Weekly ATR low about 80 pips, Monthly Low about 240 pips.. The Weekly 50ma at 118.59 next {image} {image}

Ignored

now the question is.. what does it mean for the us indices ?

#58,177
Oct 14, 2015 3:32pm Oct 14, 2015 3:32pm

j4d
Joined Jan 2009 | Status: Learning life... | 8,355 Posts

Quoting PrymeTyme

Disliked

{quote} now the question is.. what does it mean for the us indices ?

Ignored

SP00z and Dow look Bearish to me ( longer term )... The Fed are going to hike at some point and that must be on the minds of the big hands..Todays UJ move down might just be a Liquidity exercise for the next move up. Only theorizing though... I would only buy the dollar atm

Memories caught in time but never forgotten