0.4 pip here, can't go wrong with ECNs

USD/JPY Discussion

I've seen this too, especially on the euro. Not so much on the other yen crosses, but as someone else mentioned, using the U/J pivots as a proxy for entering other yen crosses works well. Still long on A/J? Aussie has made a great comeback. Picked ...

USD/JPY Discussion

You're in the wrong forum... and sorry, you can't change the time in MT4, it's a serious design flaw imo...

USD/JPY Discussion

So what have you been doing the past 20 years? And if you did so well in the commodities markets 20 years ago, why did you leave them?

Futures vs Forex. Who is more liquid

It's funny, it almost seemed like the market read your plan and acted against it, trading down to 1.3450 but never below it (to active the buy stop above). What's your strategy now that we've rallied?

Jacko's Forex House of Pleasure and Pain

I read Moe's thread as well, but I interpret that as relevant for position/discretionary trades. The pivot-based trades being short-term in nature, and largely rule-based, I think are "safe" from the biases we may place upon them by sharing them ...

USD/JPY Discussion

I'm always here. No trades since earlier, been busy. So much negativity Lighten up everybody!

USD/JPY Discussion

Stopped out at 114.79 when the weekly didn't hold.. +39. Possible short for a test back to the central, not sure what dove would do here.

USD/JPY Discussion

Well that didn't take long.

USD/JPY Discussion

After finding heavy resistance at the daily R1, it gave back the day's gains before finding support at the daily central. Currently vacillating between the daily and weekly central. Looks like it may be staging itself for another attempt on the ...

USD/JPY Discussion

True. But if we're ever to calculate accurate pivots on our own, it would be important to get such details down. How many of you even have feeds that begin at the supposed standard of 15:30 Sunday? I know not a single MT4 broker that does.. ...

USD/JPY Discussion

If so, then how come the only google match to a Sunday 15:30 forex open is our current discussion?

USD/JPY Discussion

dove, This goes back to my question about the fractured nature of FX data (you might have missed the post here, regarding pip accuracy of pivots given fractured data feeds). We know the interbank market opens at 17:00. I've never heard of any ...

USD/JPY Discussion

dove, How come the Sunday open is not the same central pivot for both periods (daily & weekly)? I know you explained your weekly calc before, and how the weekend fluctuation affects the other pivots, but shouldn't the open/central be the same? If ...

USD/JPY Discussion

I agree that the retail sentiment they show almost universally contrasts with the general direction of the market's trend. I'm not sure why that could be the case, unless the vast majority of traders are ignorant of basic T/A principles (which I ...

Who lost money last week?

Retail stats at Oanda show the yen crosses at 70-85% net long through the entire 2000+ pip downdraft. Ouch....

Who lost money last week?

dove, Given the fractured nature of FX data, isn't it likely that there will be +/- 1 pip discrepancies in pivot calculations? A listing of 6 published sets of daily pivots shows this is often the case. We all have different spreads/feeds, and if ...

USD/JPY Discussion

Some have already unofficially named it "fundatechnical", but it hasn't really taken off given only 94 google matches.

TA + FA = PA Psychological Analysis

Link?

Futures vs Forex. Who is more liquid

Speaking of, here's an interesting piece of news that was oddly released at midnight last night. I guess they didn't want to spoil the feel good rally.. url

USD/JPY Discussion