Just put out a small position at 99.16 (after spread) with stop at 98.90. Will see where we are in 3.5 hours when my 4hr candle closes, but basically just playing the 4hr chart momentum despite the sloppy looking daily chart.

USD/JPY Discussion

I think this is a good buying opportunity. You can either jump in now and survive some chop...or wait for the volatility to subside and let price go sideways for a bit, then take a lower risk buying opportunity.

Bitcoin technical analysis

Very silly to think the markets are rigged. There is so many forces pushing and pulling that it is impossible for one entity to rig a market. Some of the forces are bigger than others (with central banks being the biggest) so you simply want to ...

USD/JPY Discussion

When you compare the daily candles of /ES to U/J, its not surprising to see what effect the jobs report had on each of them. U/J had long lower wick = at least some buyers left. /ES closed at the lows = very few buyers left. Perfect example of how ...

USD/JPY Discussion

I can see sellers stepping in at 98.30 and if we go above that -- 98.51 (38.2% and 50% retracements respectfully of Thursday's range).

USD/JPY Discussion

Sorry if you read it that way. No emotion in my trading or my posting, hence why I never marry my position and when I knew I was wrong I got out and let everyone know I was wrong. seandean, What if U/J makes a strong move south? Are you still going ...

USD/JPY Discussion

Nah you did the right holding until breakeven believe me. You can never make big money in the market if you take every little profit you get. I'm sure there are some successful scalpers in here, but it is very difficult and high stress. Whenever I ...

USD/JPY Discussion

Well I wish you the best of luck, but if I had to trade this now (which I won't be), I'd be shorting. I'll check back in at daily close.

USD/JPY Discussion

Not trying to be a dick, but I'm not feeling your pain lol. I jumped out a breakeven when we dropped. Price just doesn't reverse like that for no reason unless something big is happening. Shoot first, ask questions later. The most concerning part ...

USD/JPY Discussion

Ok, I'll say it looks bad now.

USD/JPY Discussion

Just follow the price action. You've got an opportunity to buy the 38.2% retracement of the previous 4 hour candle. Still 2.5 hours to go in this 4hr candle.

USD/JPY Discussion

Worth a shot long here if you still aren't in.

USD/JPY Discussion

Party time!

USD/JPY Discussion

Momentum is still slow but undoubtedly to the upside. Pretty important hour here. US unemployment in 20 mins.

USD/JPY Discussion

Monthly, weekly, daily, 4hr, 1hr ALL SAY BUY. Does anyone really want to be short right now?

USD/JPY Discussion

Silk Road 2.0 launched. url

Bitcoin technical analysis

What goes up must go up some more. Jealous of all your bitcoin traders!

Bitcoin technical analysis

seandean, When have economist expectations meant anything? With price coiling and tightening in such a clean and defined fashion as it is now, it is extremely unlikely that it stays range bound until next summer when all the economists finally catch ...

USD/JPY Discussion

Daily candle closed just under yesterday's high (which is about the only thing bears can hang their hat on). Now daily is green, weekly is green, and monthly is green. Bears did all they could today and really put up a fight, but they look tired now ...

USD/JPY Discussion

Morning all. Waking up to basically nothing happening with U/J. Maybe US open will provide a jolt, but I'm impressed w/ bears for keeping this pair down. Will update when my daily candle closes in 8 hrs.

USD/JPY Discussion