Well, yen is very strange animal, when you wait too long with a shot, it's already gone.. But you're right, trend is strong, so I closed everything near 1hr v.tunnel around 9 est.

What is up with the JPY

I took my position 10min before the release, 10pips less then my original, 'imagined' entry .. Banked half just now, the other half will trail... all the way down It feels great to participate in snowball game, right Merlin? hol..ho.h. G Enjoy ...

Non-Farm Payrolls 1st of SEP

Any takes on the action tomorrow? Let me try .. fiber will spike up to 1.2835/45 and then will be hammered to 1.2710. cable will jump to 1.9060/80 and then will ease to 1.8900 ___________ Disclaimer: this is not recommendation, just imagination...

Non-Farm Payrolls 1st of SEP

Let's see if today's move is for real. I took semi-large position last night.

What is up with the JPY

Everything is possible with <st1:country-region w:st="on"><st1lace w:st="on">Japan</st1lace></st1:country-region>. There is always some % of truth in every hint and/or rumor..

What is up with the JPY

Weak economic numbers and low interest rate in <st1:country-region w:st="on"><st1lace w:st="on">Japan</st1lace></st1:country-region>. Trend is very strong, but to be healthy, we need a correction. The cheaper the oil, the greater chance of ...

What is up with the JPY

Pin on 4hr, res @2860 — .

EURUSD

LOL. I should've put a smile next to my comment. More news this week? no, not really. Old guys will talk on Thursday; trichet 8:30am est and bernarke at 1pm est. We've got nonfarm friday, but hey, for veterans following your thread, it should be a ...

My trades by Dave

Hi Dave, only minutes from FOMC meeting have been released. nothing special, same old talk.

My trades by Dave

I use it for reference mostly to see what's happening on a small time frame. In terms of buy/sell signal I don't use it very often.

GBPUSD

BOJ will make sure those numbers aren't higher then expected, at least not yet.. but sooner or later will get a repeat of Dec 13/05 (gbp/jpy).

japan CPI

That's a holy grail, merlin You've got to love those snowballs...

japan CPI

I've played with limit orders today. Setup a sell limit 20 pips below yesterday's high with a SL 20 pips above high. Order was triggered last night and closed manually for 30 pips. By looking at a price now, it would make more sense to close half a ...

EURUSD

I tried something new today, knowing I'll be away from trading workstation for a while. I've setup limit sell orders for both cable and fiber based on yesterday's range and day high. For cable sell order was set 30pips below yesterday's high with a ...

GBPUSD

Brokers, who don’t charge commissions, make money on the spread as well as price difference between what their data source shows and what they present to you on the platform. If you meant, their charting software and platform shows different price ...

Ever wonder why your Bokers charts use different data??

That's $150 loss per lot up front. No thanks.

15 pip spreads?

It could be that different brokers use different data feed. Based on my experienced with different feeds, price can vary between 1-4 pips in a quiet market.

Ever wonder why your Bokers charts use different data??

I meant bovb, as I call them bearish overlapping bars, but they're also called beob, as you mentioned. I usually wait for some pull back to 50, 61 fibo and then take a position. It offers better reward then playing a break, but it's also a bigger ...

EURUSD

BOVB just formed on 4hr, also quick pull back from 2850 indicates we might be heading lower.

EURUSD

This one was a failure for me. Went long @2820 couple hours before the news. TP 2870, SL 2795. SL was hit during my meeting. Strong pullback from 2850 tells me somebody's unloading long positions, Chicago?

USD Existing Home Sales