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zusch replied Apr 4, 2013Agreed on the buying pullbacks. Difficulty is always determining how much price will actually pullback. 101.50 does stick out and 100Pips has that target as well so many eyes are prob looking there. Really good stuff here. Applying this to now I'm ...
USD/JPY Discussion
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zusch replied Apr 2, 2013Bears should be taking this down to 1.27 at least before tomorrow's U.S. close if the downtrend is for real.
EURUSD
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zusch replied Mar 31, 2013Monthly candle going to close below the 50% Fib of its range and under February's high, creating a long upper wick. I talked about the significance of the monthly close in this post: url , but I don't think many people read it maybe because the ...
USD/JPY Discussion
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zusch replied Mar 26, 2013I'll have to get these on my platform. I found a SPY chart on a site that looks way better than mine w/ all the gaps. Next 15 mins crucial...
USD/JPY Discussion
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zusch replied Mar 26, 2013Moving stop to breakeven. Watching 5min for another low risk entry point to add. Not appreciative of that last 5min candle upper wick to close the hour. Hate wicks.
USD/JPY Discussion
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zusch replied Mar 25, 2013Trading in a pretty tight range on my 4HR so a very small stop could be used. Higher timeframes giving mixed signals though. Yesterday's daily bearish engulf candle is sort of intriguing though. 50% of Monday's range and 1.52 are perfectly in ...
Cable Update (GBPUSD)
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zusch replied Mar 25, 2013Only 4 trading sessions left before monthly candle closes. This month is shaping up to close as a 2nd consecutive "flying buddah." For those who haven't read PipEasy's thread, a flying buddah is a candle whose range isn't touching 5 or 10 EMA at ...
USD/JPY Discussion
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zusch replied Mar 24, 2013video Don't know why video won't embed, but its Bruce Lee's "Be Water My Friend."
USD/JPY Discussion
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zusch replied Mar 24, 2013I hear where you are coming from when you say you're investor, but I think one can be an investor and a trader at the same time. Making a prediction 1-2 years in the future is difficult if not impossible...conditions change, government does this and ...
USD/JPY Discussion
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zusch replied Mar 20, 2013Going to try this 4HR bearish engulfing candle. We've broken daily range pretty convincingly by the looks of it. Sell @ 1.5063. Buy Stop @ 1.5091. May get filled, may not. Also wouldn't be buying at 1.5. Let someone else try catching that first! As ...
Cable Update (GBPUSD)
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zusch replied Mar 16, 2013That's the problem right now...everyone seems unsure about Cable (E/U looks confused too). Plenty of reasons to go short, plenty of reasons to go long. I prefer to trade when all timeframes are pointing in the same direction (like last week). This ...
Cable Update (GBPUSD)
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zusch replied Mar 16, 2013I agree with your analysis and all the other people calling for an inverted head and shoulder's pattern and my own analysis lines up perfectly with that. I never get married to one direction. Last week I was bearish, but this week I'm not so sure ...
Cable Update (GBPUSD)
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zusch replied Mar 15, 2013Well said...very nice post with lots of truth behind it. I'd add that the most profitable methods will only take profits on 10-15% of all trades taken because those methods capture huge chunks of trend. Problem is that most traders aren't patient ...
Cable Update (GBPUSD)
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zusch replied Mar 14, 2013Don't know what to say about this rally... Daily chart was giving bullish clues after Tuesday's close, but honestly didn't think a move like this was possible.
Cable Update (GBPUSD)
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zusch replied Mar 14, 2013baherhosni & inpatient, I think you guys are over analyzing whats currently happening and trying to understand/justify why price is moving the way it is...but really its just chopping and ranging. Daily chart is showing all kinds of wicks and lower ...
Cable Update (GBPUSD)