Holiday... as usual. On normal days I would have short at 1.2495 but the weird upmove from 1.2468 to 1.2497 was a classical holiday move - with possible more to come so I left the short. Let's see where we end this evening. Forecasts of ISM are ...

Cable Update (GBPUSD)

LOL, first rate cut. That was a good joke. I promise here officially: The first rate cut will come in 2025. I said that yesterday already. We have not had even one round of numbers where 75% of the numbers show a cool down on US-Economy. So no ...

New Cable Thread & Other Pairs

meanwhile on USD/JPY... 158 reached... look at 5 minute chart, that doesn't look healthy. New line in the sand: 158. Only Seller: BOJ That's the problem now. They already wasted 35 billion dollar on the drop from 160 to 155 when the ...

New Cable Thread & Other Pairs

Hello Folks. I would be careful to go long now- even for scalp. Perfect setup today for straight running through till 1.0625 or even below without any retrace. Holiday makes it possible. I've seen craziest moves on holiday so be careful today- ...

EURUSD only

Due to my experience you have to be carefull with non-EOD settings. The problem is the roll-over. I had that few times on EUR/SEK or even USD/JPY. What happens is that in the backtest, let's say 155.55 was reached. -But that is not true. It was only ...

Japanese Daily Breakout

Thanks for sharing results. That is more what I have to with breakout strategies with JPY. Have you added spread (how much?)? Than the results are quite good!

Japanese Daily Breakout

Here we go, USD to the moon. I wonder how long the world economy can withstand that strength and datas from US. Carry trades on and on and on. Lol, look at USD/JPY. Can you see how they (BOJ) try too keep yen up? - ouch... just another hit in that ...

New Cable Thread & Other Pairs

Party goes on... datas very bullish for USD. Oh oh, poor BOJ. That will cost a lot of money to withstand the drawdown of JPY. Cracked 157 with the news. Interest Rate Cut =>2025 in US, mark my words.

Cable Update (GBPUSD)

Have you entered long? I longed few times now, avg. 0.8552. Feel quite good with that, wait for pullback to unwind some of my longs.

New Cable Thread & Other Pairs

About 2 months when I see it correctly.

Japanese Daily Breakout

Interesting that you have a " profitability would be 0.35, or 35%. This means, on average, for every unit you risk, you expect to gain 0.35 units." All I tested was always +/- 0, especially on JPY currencies. Seems you test at least 2 months back so ...

Japanese Daily Breakout

USD/JPY: Seems to be 157.00 line in the sand for BOJ currently. Weird drop again 2,5 hours before. I think we get some volatility next minutes. Traingle is tightening up towards 157. Always higher lows, 156.77, 156.84, 156.87... and a small rip to ...

New Cable Thread & Other Pairs

May be I have an explanation for that moves: I could imagine BOJ tries to make buyers comfortable, risking bigger and bigger positions (well, on me it worked) - until they really dump it hard and lots of them get into trouble by margin call. Are ...

New Cable Thread & Other Pairs

And again . At least a small one. sorry for your position. I think they read your post lol

New Cable Thread & Other Pairs

Anybody used last drop? I traded the same. Worked like a charm but who is doing that moves? (last from 156.70 to 155) Makes no sense in my opinion.

USD/JPY Discussion