Truer words have never been spoken, in my very short time trading I find I am plagued by this last part everyday - "..how far". Dare I say, I can reliably know (in the short term, ie, hours) which way price is going (up or down) but not how far and ...

USD/JPY Discussion

Interesting, do you base it off fundamentals or technical?

USD/JPY Discussion

What would you need to see to meet your criteria of a trend change down/up? I'm interested to hear and learn how others do this? For me I currently use top down "analysis", ie, as I trade M15, if M30, H1 and H4 all have LL's then I consider we're in ...

USD/JPY Discussion

*Moderators please let me know if this kind of discussion isn't allowed on this thread Question for the more experienced traders here, what sites do you visit for JPY news (apart from ForexFactory that is)? Especially politics side? I'm thinking ...

USD/JPY Discussion

If there's one thing I cannot stand its ranging markets, it leads to alot of false signals for my strategy that I've yet to figure out how to weed out. It's why I picked UJ in the first place as it seems to not to range much.

USD/JPY Discussion

@ThaoAnh are you holding your longs or have you exited already? I was long but exited on the reversal. Looks like you do a kindof grid based trading? How many pips do you typically aim for from each trade?

USD/JPY Discussion

It finally broke through. Unsure where the next level/profit taking will be but I made back my loss from the earlier fakeout atleast. image

USD/JPY Discussion

I know, can it pick a side already, sucks is an understatement for this Asian session, got burned earlier. Do you think it will bounce off 150 or push through?

USD/JPY Discussion