Just putting my thoughts on paper...... This morning the Dow was positive by 180 and ranged there. News came out at 8:30 EST and it popped to 240, and has been slow melting it's way towards negative. Currently at +55. The US premarket trade saw some ...

USD/JPY Discussion

Can you send a link to that TOS study?

Gann Analysis

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USD/JPY Discussion

Possible cup and handle formation on the 1H USD/JPY... image image How to identify the cup and handle pattern, To identify the cup and handle pattern, start by following the price movements on a chart. The pattern starts to form when there is a ...

Daily Trading Ideas

Hmmmm image Looks an awful lot like this.. no? image How to identify the cup and handle pattern, To identify the cup and handle pattern, start by following the price movements on a chart. The pattern starts to form when there is a sharp downward ...

USD/JPY Discussion

Awesome stuff good to know, thanks. I will run it in Demo mode over the next few days to get an idea of how it bumps the edges.

USD/JPY Discussion

Weekly chart shows a nice doji at 108.3 area that peaked out at 109.2. Looks good to me for a spike considering all the web chatter about 108.3 being the point of no return. A spike that extends above 108.3 would entice more buyers to jump on board ...

USD/JPY Discussion

NYSE re-opened today. The S&P is back at 3000. Folks are talking about the Dow hitting that all time high again, although I personally only see a 27000 hit. I say all this to say we are almost there. IMO when the Dow starts rejecting those highs, UJ ...

USD/JPY Discussion

Thursday is looking good for a spike and reverse. Important USD news in the morning, and also jpy at night. If BOJ is still crippling their currency, and the US is in the midst of it's issues. Down US market, up Asian? Either way. Watch thursday. ...

USD/JPY Discussion

This is the Vix. If you notice we are currently just under where we truly took off north heading to that 3/16 drop. Significance? To me this says while calm, the centuries are still patrolling the castle in pairs. 30 is support. If we hit 40, Bohica ...

USD/JPY Discussion

Well explained, thank you. You are correct that I am more of a pattern person than numbers. The numbers come second for me. Funny thing I recently realized that since switching to mt4 my grasp of price targets has diminished. I was actually ...

USD/JPY Discussion

Wait... that's not.. a 101 on your chart is it? My experience is more limited than yours, so let me ask you this. Pull up a 4hr chart. Look at it for the past 18m roughly. The range before we dove down to 101 was a little higher than this current ...

USD/JPY Discussion

Solveable..... Before you enter the trade decide how many pips you need to reach your target. Then just watch the points. When they hit your target move your SL to that level. I know what you mean about switching back n forth though, but it subsides ...

Daily Trading Ideas

If that is the answer, I am going to be the greatest trader of all time Habibi. lol

Daily Trading Ideas

In MT4.. right click on your trade... Click on show profit... Choose points. It helps to see it as points and not money @ Feelings.

Daily Trading Ideas

Go Hel!!!!

USD/JPY Discussion

Do you mind defining your full shorting zone, or is the answer in the multiple bearish engulfings? Not challenging you. Just trying to grasp your concepts.

USD/JPY Discussion

Numbers out today. Watch out for 9:45 NYC time. 830 numbers are anticipated to be bad, so "baked in"

USD/JPY Discussion

Ouch @ 2008. I remember that. Many are comparing this to that.. hmmmm

USD/JPY Discussion

I actually like it more as an exit indicator. Took the short though when other things pointed south. This is not THE trigger, but one of many. It stand out for me though because I enjoy mind games, and an engulfing candle at the edge of a trend is ...

USD/JPY Discussion