i prefer to trade smaller lots and go unnoticed. with 100k USD and trading at 100pips per day for 20 days and just 15 contracts. my risk is small but i'm making 30k a month. thats under 400k a year and you are not big enough to get targetted..

USD/JPY Discussion

I am trading with them and no problems currently. hopefully no problems going forward.

ODL securities -long post

I understand wheree you are coming from. I get pressured on the 5min charts due to the volatility. My broker don't have 3m charts. I need to take a look at the 3m charts to get a feel of what you've mentioned. thanks for sharing.

USD/JPY Discussion

Gd Stuff.

USD/JPY Discussion

thanks, that has given me abit more understanding. I can only say that you make really amazing calls. Question: As you mentioned, you use the 1hr chart, does that mean that you do not look at any other timelines to substantiate your call? For ...

USD/JPY Discussion

Chonchy, (Dove, correct me if i'm wrong) I believe what dove means is that he uses indicators on a longer scale to have a gauge and/or expectation of market trends. shorter trends have more volatility. The daily price action with the analysis on the ...

USD/JPY Discussion

dove, What you are trying to preach is something i've been there: "The seed that they plant in your mind will plunge you deep in the hole." When I was starting out trading a year ago, i asked ppl for advice.. ppl gave advice without asking.. lol.. ...

USD/JPY Discussion

Lol.. don't apologise. you were just giving your views. i haven't traded EurJpy before.. so would need some pointers from you. I used to trade EURUSD, GBPUSD until recently.. USDJPY.. Currently i'm looking at the EURUSD i think there's a nice flag ...

USD/JPY Discussion

There's abit of a channel developing on the charts.. i think the 30mins will show a clearer picture. Its a narrow channel and I'm taking my pips with my tonight. don't wanna take any chances. :

USD/JPY Discussion

Gd nite fellow traders and happy Pippin, +121 pips for the day.

USD/JPY Discussion

Thanks pipology, had a good day. controlled my game.. lol.. after yesterday's fiasco.. up +66 +30... open trade +30.. lol hard day work to make back the lost pips.. may the pips be with you my friend.

USD/JPY Discussion

Dude, I'm a always learning. Impact learning is one of the best ways to learn and not commit the same mistake again. By the way, I think prefer to use the 30min and 1hr charts.. the smaller time frames make me very nervous.. lol...

USD/JPY Discussion

PolishTrader, 1st Trade I don't use make pivots for my trading so I can't help you there, You can see that it seems Symmetrical Triangle pattern, but it can mean consolidation upwards or also a breakout. At the same time on the Stochastics ...

USD/JPY Discussion

PolishTrader, You on a 60min chart? i'm trying to find that space.. lol 15min chart.. bummer me.. ha ha.. gimme a min

USD/JPY Discussion

Stopped out 114.45 +30pips.. Short @ 114.55 after retracing 61.8% + no show on Senator Chris (Any of you guys could have given a better news conference)

USD/JPY Discussion

25mins Time: Senate Banking Committee Chairman Chris Dodd will hold a news conference after his meeting with Fed Chairman Ben Bernanke and Treasury Secretary Henry Paulson. Senator Dodd called this meeting to discuss the current financial-market ...

USD/JPY Discussion

-Rumoured emergency rate cute -Retail Figures -0.7% first 2 weeks. These could be the help we need to push through 114 tonite.

USD/JPY Discussion

image Trend seems to be on the downside. Plenty of buy/sell action on the trendline, we will need to see a firmer close below the trendline to push towards the next support level. My 2 pips.:

USD/JPY Discussion

Short @ 114.75 PolishTrader, I also lost alot yesterday. I was greedy for the pips, didn't wanna take a 20pip profit although my mind was saying take it. In the end, I was almost margin called twice and had a very very bad nite.. thankfully i went ...

USD/JPY Discussion

Retracement back to 114.67-77 Done. Trip down south to test test 113.11 after NY opens?

USD/JPY Discussion