Do you expect the S&P 500 to tank as well? In my opinion, it's already begun... (no name calling here) Keep in mind the fact that GBP/JPY has a striking similarity and is often a precursor to the S&P 500.

Dragon Riders GBP/JPY

Thank you, and even bigger thanks for the screenshot.

Dragon Riders GBP/JPY

Would you guys mind sharing what price you see GBP/JPY currently at??? A screenshot would be even better. Thanks!

Dragon Riders GBP/JPY

Hi Ifmyante! You are absolutely correct, and it is my mistake for phrasing it the way that I did. What I meant is simply: if you know how to read the tape, then it will translate very well in the FX world. There is no centralized tape or Level II in ...

ReadtheMarket - Supply and Demand with Price Action

"Round 2" is getting started now, just like I said. Although I didn't bank 1 pip on it (wasn't at my computer), at least I was right. I usually am. Whatever, I don't even care anymore...

Dragon Riders GBP/JPY

Umm, yeah, so 160 points down from the top and where I was expecting it to selloff... no surprise that I didn't even bank 1 pip on it, because I wasn't at my computer. I'm waiting for this move to happen ALL DAY, and of course, when I leave, that is ...

USD/JPY Discussion

LOL, you're absolutely right. Unfortunately, one of those is not an option for me right now. I haven't smoked in over two weeks and I'm trying to wean myself off of drugs, including an alcohol dependency, and other god-awful habits. It's not ...

USD/JPY Discussion

I don't mind the harsh words tashkent. Sometimes I need it, because I can be as stupid as anyone. I'm a very emotional trader. And I expect close to perfection from myself. When I don't do it, I get angry. My system is capable of calling tops and ...

USD/JPY Discussion

I wasn't exactly wrong, because it did go down massively, but I didn't take my profits on the position. Which is the worst mistake you can make in trading. I've switched to the long side for the time being. But I'll go back to my shorts when the ...

USD/JPY Discussion

I agree, and I will start taking my profits now whenever I have them. In terms of analysis, I think they are still trying to delay the massive drop that we all know is coming. The best way to do that? By making it look like it's actually going up ...

USD/JPY Discussion

This is fucked up. I need to learn to start taking my profits when I have them. Perhaps I should go into "scalping mode" now too. I'm getting my scripts ready to take advantage of this. And still waiting on a response from you, tashkent.

USD/JPY Discussion

Taskent, do you work for the BoJ or something? Why would you ever say this?

USD/JPY Discussion

Agree with you 100%. Although I'm watching G/J so it would be 186.90.

USD/JPY Discussion

Looking for a retracement now to the upside... so I can add more shorts!

USD/JPY Discussion

Here is what I wrote on the USD/JPY Discussion thread

Dragon Riders GBP/JPY

You might be right, but I would urge you to keep in mind that all trends come to an end at some point. Anyways, good luck brotha. One of us has to be right.

USD/JPY Discussion

It is the top of the hour now (swaps are being calculated as I write this), and we have some new candle formations, so I wanted to post a quick update: They are going to drag this out for as long as they can... 4H chart previously looked bearish. ...

USD/JPY Discussion

Thanks Rtm and same to you! Seems pretty clear to me the BoJ is at work now. Who else has that kind of buying power to push xxx/JPY up when everyone else is selling it?!

USD/JPY Discussion

Thank you sir. I wish you luck as well! Even though luck has no place in trading...

USD/JPY Discussion

Just wanted to say thanks for your support guys! You all help to keep me sane. Think I will try some of this meditation stuff, who knows, maybe even yoga too. I've got nothing to lose, and only things to gain. My sister is really into it too and ...

USD/JPY Discussion