UJ is the king of charts ,could b it will pull back ,which feeds EJ idea up off that pivot ,but its only pull back in all prob,
looking forward end of March to be bear
looking forward end of March to be bear
#doyourownanalysisordietryin
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DislikedbONES sir i respect you and follow your post always with great interest.. ..congrats and best wishes for new thread.Absolutely ...i believe it will be popular thread. Very interested to read more. Thanks for sharingIgnored
Dislikedyea you think we could get that super sell ,maybe we should be bullish next week {quote}Ignored
Dislikedthe thing ı really dont understand with the smart people is,why they trade gbpjpy?if you ever trade gbpjpy 1min chart you will know that it is 100% combination of usdjpy and gbpusd.gbpjpy has no character.and trading and believing on support resistance and trendlines make nosense.gbpjpy or eurjpy are second hand charts.my2pipsIgnored
DislikedI must emphasize that that my time horizon for trades can vary alot. If I strongly suspect +100 move, even against the trend, I will sometimes be trying to catch it. It is all about the propability for it to happen. Some trades will be longer term, whilst other will be just for the day. What is good about this thread is that the overall market/structure/trend will be clear when looking at the higher TF`s. So when posting a trade against it, it will be clear to anyone that it is against the thread. We all know that price will not go from A to B,...Ignored
Dislikedthe thing ı really dont understand with the smart people is,why they trade gbpjpy?if you ever trade gbpjpy 1min chart you will know that it is 100% combination of usdjpy and gbpusd.gbpjpy has no character.and trading and believing on support resistance and trendlines make nosense.gbpjpy or eurjpy are second hand charts.my2pipsIgnored
DislikedHi Bones. I am new to the LFX. I think it might be time for AUD to bounce soon? I also understand JPY is bullish. If both are valid, isn't it contradictory that both AUD (risk-on currency) and JPY (risk off currency) both go up? Thanks in advance. {image}Ignored
DislikedHi Bones nice thread.I do same on my trades top down approach but I also follow news and fundamentals. Good example when Yellen was testifying Asia market went in panic and money went into Euro and Yen and Euro spiked enormously that's when one takes advantage and sells the spike.EC dropped 500+pips in less then a week. Charts alone not enough... regardsIgnored
Disliked{quote} Hi V I generally avoid G crosses but for different reason.They don't fit well with my position building style.They can be very erratic and 50pip spike common hence SL's get hit often even if direction is correct. I find more rookies trading crosses based on results posted by traders who have lot more experience and trying to duplicate that get crashed. G crosses and crosses in general precise entry is a must and that takes skill.Best crosses are CAD pairs.I particularly make good $$ trading EC RegardsIgnored
Disliked{quote} Hi vasily When considering to trade a currency pair/cross, I consider the cost(spread, swap) and potential of the move. If you had been trading long GBPUSD and I had been trading long GBPJPY from the date 20th of January to the start of February, who would have made the most money? An advantage with the mechanism of the GBPJPY (USDJPY, GBPUSD) is that you can be able to verify your signals. If I have long GBPJPY signals, I can check my signals with USDJPY and GBPUSD as well. If they confirms the signals, there is a higher probability...Ignored