UJ was be able to stay above the 118.50 level through FOMC and Asian section today. Couple pips away from 119.00 now. image Original Trade Idea USDJPY on 1/19 url image

USD/JPY Discussion

Dovish, but is it dovish enough? As far as i can see, this FOMC was within the market expectation while price was not able to break under the 118.50 level today. Let's see if that level would continue to hold for the rest of the week. Let the price ...

USD/JPY Discussion

USDJPY stay beyond the key level 118.50 w/ oil at 32+ while we are heading into Jan. FOMC in 30 minutes. image Original trade idea on USDJPY on 1/19 url image Let's see if UJ be able to land above the 118.50 after the FOMC today.

USD/JPY Discussion

Oil and dollar usually runs in opposite direction. That's the general idea. That's not always true. when oil is low enough, it became a huge threat to CPI and possible deflation which is where US at after the last CPI number. In December, Yellen ...

USD/JPY Discussion

Hi Finsia, how are you? Forex runs around the clock 24/7. I'd like to break this cycle into sections marked by the major exchange market opening time. I'd like to call these market-section, Asian Section is marked by Sydney Opening Europe Section is ...

USD/JPY Discussion

It's time to learn. Market biofeedback is gold. Don't be surprised when marker does not give what you are looking for. If you think this is odd, you be more surprised when you notice ALL other pairs act exactly the same way towards the end of each ...

USD/JPY Discussion

USDJPY found its ground as oil came back to 31.00 level. image image Yesterday's Post url image Original Trade Idea this Monday url

USD/JPY Discussion

Let's see how far would this bounce go from the 116.50-117.00 go on the daily chart although i am still quite not convinced it would turn around with full strength while the latest CPI is still threatened by the low energy price. bull crossing on ...

USD/JPY Discussion

Stocks are falling everywhere, oli is under 30, rate hike in Fed is off the table for sure. 116 is very like to get broken through.

USD/JPY Discussion

Negative CPI, oil continue below 30, we have a < 116.50 USDJPY image image url

USD/JPY Discussion

USDJPY 116.50 holding while Crude Oil breaks bellow 30 dollars per barrel. url image image image

USD/JPY Discussion

Window tablet would a good choice since it does full support on the desktop MT4/ MT5. It looks quite fleshy in the coffee shop as well. Good luck on the FX trade! Please feel free to come in my travel blog and share you trading on the road pictures ...

Desktop, laptop/notebook, or tablet for day trading?

Hi PipPirates, I'd suggest you try the mobile MT4 which would give you a lot freedom. Remember, get the app first and check if it has all the indicators you need; otherwise, you will have to run the chart without your favorite indicators, and that ...

Desktop, laptop/notebook, or tablet for day trading?

Entry 011216 Many traders overlook the the risk within their systems and the market while spending most the time focusing the gain instead of the risk. I love outdoors, and many outdoor sports have its ways to inspires me in many aspect of life. I ...

The 10,000 Hours and Beyond Club

Couple hours till the NFP release, and that puts us a little bit above the 1.0000 level. image

USD/CHF

After a brief search on FF on the subject of risk management, this 12-year-old thread seemed like the only thread that touches base on the Risk Management (in my opinion) part of trading. image So instead of making a new thread, I'd like to pick ...

Risk Management

Thanks for those who showed interest in this subject. I received couple message on how I do it. Sorry, For now I am NOT planning to thoroughly explain it due to my busy schedule while already have handful of threads need to update and follow up. I ...

Calculate the TP using ATR

Hope this photo helps you find where to look for the open price. image More on candles url Once you figure out what the ATR is on the time frame you like to trade, 1.5*ATR for SL and 3*ATR for TL. That's 1:2 risk : reward ratio which is pretty ...

Calculate the TP using ATR

Contxt, I wouldnt advice to place a trade 20 minutes before the FOMC Meeting Minutes release especially when dollar is on the bear back since December FOMC Meeting Minutes. Too much risk at stake. Good luck tho.

USD/JPY Discussion

forexintradi, good comment. thank you. I would like to define the risk before place the trade. This way we know where our bottom lines are when things go south, anything we have absolutely no ability to predict. Yeah, trading without a sl + euphoria ...

Trading without stop-losses