It doesnt matter much but personally i agree to this analysis. The pullback could be deeper though 110.64 / 109.08. On a larger Tf offcourse.

USD/JPY Discussion

So the price can go up or down from here. We trade keeping that in view

USD/JPY Discussion

Closed my longs at 111.88. Cant decide to short now or wait for NY 112.07 has attraction

The Swamp

General trading sentiment is, if it breaks 0950, it could potentially see 1.11xx. If it breaks 0864 then it could potentially see 079x. Your plan doesnt have buy option. You need to build that as well to take advantage to both ways. My 2 cents☺

EURUSD

Lol, a point well made, for some thats the only thing they can call. 10 pips up is not only a gap but once it goes down thats another prediction fulfilled by the oracle here☺.

EURUSD

Tit, he needs help in a prqctical screwed situation. Not a statement from a trading book. Accept loss??? That ship must have sailed for him. Its more of a matter for damage controll. What he should have done, is not done, tell him what he can do now ...

EURUSD

Hamid brother, There is a chance of price going 100 pips down then up again. If you have margin of atleast 1000 pips and you are short from 06xx then best thing is to sit tight and hedge your position from lower meaning make a buy position from 079x ...

EURUSD

Well that is inline with my UJ plan. Up for a 100 pips then down 300 pips....☺. And if this doesnt go as planned then i just need a fib level to blame or the big boys are always there playing games.. because my analysis was super ...

The Really Useless Thread

Maybe its becuase of friday evening. Markets done for the week. best is to stay flat over the weekend.☺

USD/JPY Discussion

what i mean is simple, you take smaller entries instrad of one big entry. So over a 100 pip movement you have taken 4 entries . Plenty of margin is a prerequisite for this type of trading. You dont even have to be a genious, just patient. Lots of ...

USD/JPY Discussion

After reading your post in the morning i got in as well. Covered ay 0884. Not a greedy hippo...

The Really Useless Thread

i know few traders trading without SL. The only manage positions and lots. Aleays end up making money.

USD/JPY Discussion

thats the beauty of fx there is no such thing as perfect entry or else there wouldnt be any stop loss, you can only controll your loss, if you have 3000 pips margin you can trade almost any exotic pair and mint money like anything. One needs to have ...

USD/JPY Discussion

Lol..... Panties on short in a twist atm. . I am long but i am not a confident one till i go over 111.80. R around 111.60/70 proving to be a tough nut to crack. If it falls then i hope 110.98 S should return the ...

USD/JPY Discussion

True say, i have been eyeing that 110.98 myself. Hoping that it holds.☺

USD/JPY Discussion

Well said, and after a long time, a chart that mskes some sense. Ehat market does is not known but atleast the lvls here are well defined.

USD/JPY Discussion

Real Money Trading i think.

The Really Useless Thread

If it does, what it tells you.? Bullish sentiment?

USD/JPY Discussion

By same token, uj can go upto 113.00 113.50 or 109.08 or 108. 01. Even on the higher side its a 200 pips range but if it goes down .....good profit....timing is the only key.☺

USD/JPY Discussion

Totally understood your philosophy. You are a swing / position trader. Once a great wall street trader said, you dont have to catch every swing of the market. Choose your direction and your entry, have enough money to back your trade and you will ...

USD/JPY Discussion