The trend is your friend.

GBP/JPY

I agree with the final up move, but I believe GJ is going to reverse once we hit 129.50 since it is 78% Fibonacci and top of the channel.

GBP/JPY

We just need to break 126.30 next stop 128.80

GBP/JPY

Only BOJ knows what level they will intervene, if this is your trade plan, you have a better odds in the casino.

USD/JPY Discussion

Trend line — My stops are below the previous lows of 123.90 a significant break of the trendline invalidates my plan.

GBP/JPY

retest — I see this as a retest to the broken trendline of the previous flag. Still bullish IMO.

GBP/JPY

Channel is a Flag — This is not a channel but a flag. Do not be surprised if it breaks and shoots up.

GBP/JPY

Hindsight is 20/20 — Wow, This must really suck, GJ looks very bullish, I'm hoping it gives me 500 pips. Better late than never, I guess.

GBP/JPY Scalpers

BOJ — Only BOJ knows, they would never let anyone know what their plans are, do not anticipate BOJ to help you out of your trade. Trade what you know and see, waiting for the BOJ act is like winning the lotto it will never happen to you.

USD/JPY Discussion

Equity — If market gaps down significantly, broker may take your equity also, happened to my account I think 07 or 08 had an open position over the weekend GJ opened with over 600 pip gap down lost my equity and was even negative, but FXCM ate ...

Cable Update (GBPUSD)

How are you? — How are you? What goes to your mind now that your almost zero? do you have any regrets? Are you coming back after this? Did you learn anything?

GBP/JPY Scalpers

Good read — Thanks for sharing

GBP/JPY Scalpers

new lows — At this pace we might see new lows today, or early next week

GBP/JPY Scalpers

2008 — This week reminds me of 2008, its just a free fall sell every rally.

GBP/JPY Scalpers

Take profit? — There's nothing wrong with taking profit.

USD/JPY Discussion

Let him be — Believe me they guy has been in so much stress and anxiety already. Losing trades are a part of a traders right to passage. Let him make the mistakes he wants to commit so he can learn from it. Experience is the best teacher, no ...

GBP/JPY Scalpers

Still going — Still bearish, I think the better strategy was to let your account margin call rather than giving it all away. Slowly killing your account to zero is the worst plan in my opinion. Save as much equity as you can.

GBP/JPY Scalpers

bottom — Bottom might be around 123.50-123.00 hopefully it bounces to around 127.50 try to exit at that area, to minimize losses.

GBP/JPY Scalpers

Why? — Why did you close some of your lost postions but not all? Are you in survival mode? How many more pips before margin call hits?

GBP/JPY Scalpers