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warrensapp replied Oct 9, 2019You could always link your account to the trade explorer. I've always wanted to try it out, but it does not work well with my broker.
USD/JPY Discussion
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warrensapp replied Oct 8, 2019I don't have a crystal ball or know all the answers myself, but to me in order for this to be an upside down head-and-shoulders pattern like you have drawn, then there needs to be an uptrend that continues above current resistance - which it still ...
USD/JPY Discussion
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warrensapp replied Oct 8, 2019It sounds like I am going to be the one contrarian here in taking a short position. From a large scope to more narrow, this pair has been on a downtrend since June 2015. Bond yields are also trending down, not to mention Powell's recent statements - ...
USD/JPY Discussion
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warrensapp replied Oct 7, 2019Price is approaching .38 Fib level and looks to be overbought on the RSI indicator for M30.
USD/JPY Discussion
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warrensapp replied Oct 7, 2019I am waiting to see how price will react at the .38 level, and then possibly again at the .5 level (if price continues to rise) H4:
USD/JPY Discussion
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warrensapp replied Oct 7, 2019Just closed my buy position... I have a feeling I could have gained some more pips in the near term, but we are reaching the overbought point. At the end of the day small profits are better than no profits. M30:
USD/JPY Discussion
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warrensapp replied Oct 7, 2019H4: Price has reached oversold line on RSI M30: Oil price is correcting and their is a likely correlation to the pair. I am taking a small long position.
Dragon Riders GBP/JPY
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warrensapp replied Oct 6, 2019I think short term, we see some retracement upwards. I'm taking a small position long on this pair and hoping it goes up to the .38 or even .5 level. No SL because I'm wearing my big boy pants. H4:
USD/JPY Discussion
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warrensapp replied Oct 4, 2019I still see a downtrend overall, though there maybe some correction in the next couple of trading days up to 107.5 or so. After which I feel the trend continues. Bond yields are also trending down. H4:
USD/JPY Discussion
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warrensapp replied Sep 25, 2019I'm going to wait to see what happens - if it breaks the down trend line or not - and if it does break the line, will it continue on or retrace.
USD/JPY Discussion
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warrensapp replied Sep 25, 2019Short term we are seeing resistance at 107.4, but could break above that at the start of the London session. USD is more than likely to recover some after yesterday imo. edit: long term, I am still short on this pair.
USD/JPY Discussion
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warrensapp replied Sep 24, 2019If "anonymous" was a nobody, I don't think it would get this much attention. Think deepthroat - watergate. Regardless of how realistic impeachment is, I think it makes the US dollar look weak, no matter the outcome. Just my 2 cents. I'm not a pundit ...
USD/JPY Discussion
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warrensapp replied Sep 24, 2019True - the inverse correlation between USDCAD and OIL is not directly true 100% of the time. Today for example oil is down and so is USDCAD, but that is mostly due to the USD being weak across the board (all currencies). Unrelated to oil. But if oil ...
USD/CAD
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warrensapp replied Sep 24, 2019What's the story on oil? Are prices ever going to go up? Based off the chart, unless it breaks from my up channel shown - shorting USDCAD is the play. Cramer thinks its time to get out of oil stocks because younger money managers are looking to the ...
USD/CAD
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warrensapp replied Sep 23, 2019The last time price was down to 101 was in late 2016 (after the U.S. presidential election), after which time it has been ranging between 104.5 and 114.7, shown in black on the attached chart. No one can really predict what will happen next or if we ...
USD/JPY Discussion
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warrensapp replied Sep 23, 2019Roughly 3 hours until the NY session opens. Price is continuing to drop, currently trading in the 107.30 - 107.40 range. H4, H1, M15:
USD/JPY Discussion
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warrensapp replied Sep 19, 2019Each bottom is at support around 104.56 for a third time now (the most recent accumulation phase),but each top has been lower than the one previous. So, to your point, maybe we are not at the distribution phase yet - price could go up to the trend ...
USD/JPY Discussion