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frx_trader replied Sep 2, 2016Congrats. I Lost 150 pips today. Not much. Snapping my daily winning trades this week.
PVSRA Scalping with Cigarguy
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frx_trader replied Sep 2, 2016Have to close my shorts at 138. Can't take any chances with BOJ. Started this week so well. Ends up with some losses. A little. Trading has just become more difficult. Can't trade any data. Just PA. Well, today I loss. Maybe tomorrow is better. Not ...
Dragon Riders GBP/JPY
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frx_trader replied Sep 2, 2016Watch out gap down Monday. Before BOJ intervents again. Market will test support to see BOJ reaction.
USD/JPY Discussion
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frx_trader replied Sep 2, 2016Remember my range 1317 - 1347? It's been a month old and not broken. Now it's eyeing 1340. Buy on the dip before rate decision.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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frx_trader replied Sep 2, 2016Agree. 1.35-1.36 before rate decision. Buy Gold. It's still bullish. My range 1317 -1347 has not been broken yet after a month.
Dragon Riders GBP/JPY
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frx_trader replied Sep 2, 2016My view. UJ today down. Wait for 103.80 - 90 area. And then sell off. Remember this: I am usually wrong big time at prediction.
USDJPY Journal
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frx_trader replied Sep 2, 2016Wait for GBP data and US NFP data today. It could go to 1.34 or down to 1.30.
Cable Update (GBPUSD)
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frx_trader replied Sep 1, 2016But for now, Yellen gets the attention. I think she will hike the rate this month. So, USD will be strong this month.
USD/JPY Discussion
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frx_trader replied Sep 1, 2016I don't think there will be helicopter money. It's unjapanese style. Even when Abe badly wants it, the system will not allow it. So, at most they can do is to bark at speculators. Eventually Abe will be tired, and let it go below 100.
USD/JPY Discussion
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frx_trader replied Sep 1, 2016After reaching 103.50, UJ need some time to cool off. BOJ is unlikely to intervene at this level. I see 103 - 103.50 play for the rest of the week. Before buyers comes again. And let BOJ and everybody assess the situation. Sell if 104. SL 104.50. TP ...
USD/JPY Discussion
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frx_trader commented Aug 31, 2016I think NZD is almost the same as JPY. They are only 1 way trade. Up, Up, and Up.
Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - UOB
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frx_trader commented Aug 31, 2016NZD will never go down. It will go to 1.74. I tried to sell NZD. My score is 0:10.
Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - UOB
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frx_trader commented Aug 31, 2016Learn my lesson. Don't you ever ever sell NZD. My score in NZD trades: 0 : 10. Nice lesson.
NZDJPY Breaks Above Ichimoku
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frx_trader commented Aug 30, 2016Seems BOJ and Abe is going all out to fight. I would not dare going against them this time.
Japan's Suga says government watching markets closely and ready to respond appropriately
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frx_trader commented Aug 29, 2016UJ behaves strangely as if a big stone is tied to its neck to prevent it from appreciating.
Japan vs. the Currency Speculators
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frx_trader replied Aug 29, 2016No. I don't understand how to trade RSI. I used it before, but poor result. Because RSI can be easily manipulated. I mainly use EMA 20, 52, and 200. Others indicators are minor. The most important is to trade PA. And keep your chart as clean as ...
USD/JPY Discussion