Hi ironjaw, good job with your first trade. My advice would be to tighten your SL right on up. One of the hardest things in this business (for me at least) was learning to accept losses. The more time you spend trading FOREX the more you'll get used ...

USD/JPY Discussion

Closed my last short now at 110.474. I did this primarily because 1) it leaves me with a decent profit for the week , I'm finished for the week 2) I truly did not like the whole bearish 4H candle finishing so neatly on the 100 sma, which also ...

USD/JPY Discussion

I've readjusted my daily chart to H4 as it's already found resistance to it. Surely its heading straight for the 50 and 100 sma but I can't bring myself to enter any more trades at this stage

USD/JPY Discussion

That would be 1000 pips and $2500 trade for me. Sounds wonderful. Lets try lol

USD/JPY Discussion

Is that not only a tweezer top on the daily, but engulfing bear candle?? I think I'll drop my TP a little lower. Worth a risk

USD/JPY Discussion

After the double top yesterday I decided to place 5 shorts in a risky anticipation of support line being broken. This had not worked earlier in the day but I was prepared to risk it. I took 2 profits high about 110.8, another tp through the night ...

USD/JPY Discussion

It's holding below the resistance that scared me off my longs this am. I hope it dies to 110.000. What a bi-polar day. Closed my shorts as it broke up through 110.863. it's rejecting south. Dam.

USD/JPY Discussion

wow what an unusual start to the day. So many long tails with bodies wanting to go north but unable. I'm in long, but big 5min candles like that make me suspicious. It's a whole candle breakout though so holding for now. unsure of profit target NB, ...

USD/JPY Discussion

I had a cracker of a morning going long and am happy with my profits, however in respect to the crazy UJ beast and it's ability to surprise, I entered 3 shorts , have taken profit on 2 and leaving 1 with a $26 risk for a mystery afternoon ride. If ...

USD/JPY Discussion

It rejected 110.000 on up swing. I'm short

USD/JPY Discussion

Stopped out last long for $10. Lets try south. NB, I would like to say that I am riding this bear but I choked and TP at 110.045 and 110.050. LOL wondering if it's a bear trap.

USD/JPY Discussion

starting bullish, keeping close watch for resistance and a chance to tighten SL. took profit 1 of 3 at 110.117. there was a small gap on minute chart. Closed 2nd trade at 110.105 when it choked on 110.120 . Remaining trade at BE. So it's touched ...

USD/JPY Discussion

Came back from lunch to watch my last sell stopped out BE. Decided if the bugger wont' go down, maybe it will go up. Going to risk it. 2 trades- TP 1 at 109.633. Took profit on 2nd trade at 109.720 ie at 100sma on 30min chart. That's me done for the ...

USD/JPY Discussion

Forgot about lunch when it rejected the 100sma on the second attempt up. Here's hoping for the big bear run everyone seems to be hoping for. PLEASE STAY DOWN!

USD/JPY Discussion

in 2 shorts but ready to close. I'm expecting it find support and head north, but who knows. note, closed trade 5 min later for $80 lunch money.

USD/JPY Discussion

closed my shorts, enough for today. Final TP at 109.390

USD/JPY Discussion

Got jittery and closed my 5th of 6 trades at 109.642, leaving last one BE and walking away

USD/JPY Discussion

Once again I started with longs stopped, and jumped on the down train. I have closed 2 of 6 trades already at 109.7, then took profit at 2 more at 109.635 as I'm sick of giving up good profits trying to get in at start of trend. I'm going to try ...

USD/JPY Discussion

I woke this am worried I would have missed a big move. Seeing it so range bound has improved my spirits as I know if I had tried to continue trading yesterday I would have lost plenty of money trading too often. Good Luck to those trading today! ...

USD/JPY Discussion

Came in from the garden to find I've been stopped out on my last 2 trades with small profits, that's me done for the day.

USD/JPY Discussion