I think we are in for some games over next couple days. I believe the bottom is in, but price reversing exactly off .618 is usually revisited soon. This is assuming it does bottom here. It might just continue on down to 96.74 before reversing again, ...

USD/JPY Discussion

Cool. I think USDCAD will go up, but I think CADJPY has bottomed. GL

USD/JPY Discussion

Why not just buy USDCAD then, if USD>JPY>CAD? I do agree that USDJPY will hit 105, though that is not my target.

USD/JPY Discussion

I think a lot of traders will be looking at what has happened over the last couple weeks (every rally being sold to new lows, fear over gov't shutdown and default) and they will assume that this continues until a deal is reached. So as this pair ...

USD/JPY Discussion

I thought about that too, but it is risky if your going for 300+ pips and trying to save 30 pips. You might miss the trade completely. Plus, if it goes down much more I'm not sure I even want to be long anymore.

USD/JPY Discussion

Now we hit the spot. There is a lot of power in these spikes. I don't see how we go lower when we've got buying like this. I am thinking/hoping we will get one of those ridiculous spikes to 103.70 and beyond. We have the pattern for it and the ...

USD/JPY Discussion

I see this pair going to 101.33 from around here.

USD/JPY Discussion

I will say one more thing, if 96.40 holds, might be a big move north. Would really like to see 96.80 hold, but 96.40 is the max.

USD/JPY Discussion

And one more thing. Just as one should be ready to expand target if market is telling them to, they also need to be ready at all times to exit if market gives clues to possible reversal. I wrote this in the USDJPY thread a few minutes ago. "Not ...

GBP/AUD - Daily Trading

Not liking what I'm seeing for my short position. Just took profits 97.29. Trying some new trade, but going to take a break from FF. Good luck guys/gals.

USD/JPY Discussion

Yeah, it's tough trying to win when you are giving the market 60 pips and you want 300 out of it if you are right. But to me, there is no reason to give a market more room to go against you if your analysis says you were wrong. Remember, with a 1:4 ...

GBP/AUD - Daily Trading

Getting my stop hit happens. It sucks and I hate losing, especially when I post a trade on FF, but what can you do? But the stop was tight relative to target, and now I am in at a much better price, with an even better r/r, so... I appreciate the ...

GBP/AUD - Daily Trading

I'll give this 100 pips stop. Target is same as before, 7480.

GBP/AUD - Daily Trading

Trying again here at 7204

GBP/AUD - Daily Trading

Everyone all worked up over this gov't shutdown, speculating its effect on this and its effect on that, and looking at markets during previous shutdowns. It is somewhat interesting, but definitely not something I'd bet my money on. The markets ...

USD/JPY Discussion

Actually 1.7480 is very likely. I will put target there.

GBP/AUD - Daily Trading

My view. Stop and target on chart.

GBP/AUD - Daily Trading

Right, because he had someone to liquidate his position to----the rest of the market, which was obviously still selling! If he didn't, the market would have gone right back up as soon as he started to unload his short position. That didn't happen ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

There are a lot of traders with the means to push prices several pips in one direction, and that's how you have defined manipulation.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Well, I don't look at it as manipulation. I look at it as trying to trade with a huge sum of money where you can't just get in and out so quickly and easily like a small trader can. It still doesn't change the fact that you need the market going ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread