EUR as a well-mannered respectable currency was the last to establish the new record - after AUD, NZD, GBP, CHF, CAD... GBP should have naturally shown that kind of class

USD/JPY Discussion

Steelhead, I don't have experience with EUR/CAD except a few intuitive scalping trades. Besides, right now the indicators are useless - you have to wait till the start of the Asian session for sufficient liquidity and momentum. In these slow hours ...

USD/JPY Discussion

Steelhead, let's suppose for a minute what you are saying is true. In that case, you must use the signals from indicators and enter the trades in exactly the opposite direction. So, you are 9/10 on the right side. This prooves the indicators work ...

USD/JPY Discussion

Certainly, an indicator should never be used to enter a trade. A system of indicators with right parameters that works best for this particular currency pair should be used. Along with your experience with that pair.

USD/JPY Discussion

Congratulations, Clouds! 30 is great! 32 here

USD/JPY Discussion

Steelhead, yes, buyers will hold it up, but the band indicator (and other ones) show you the sentiment of the buyers. I know, it's intuitively illogical and hard to believe, but you can't deny the facts. Why indicators and pivot levels work is an ...

USD/JPY Discussion

USD/CAD definitely looks like it's going to parity soon. I will be shorting off the retrace to the new daily pivot tonight Scalping with small shorts right now between 1.0099 and 1.0087

USD/JPY Discussion

I am long @ 107.05 - looks like it broke the daily pivot. My target - midpoint at 107.19 minus 2 pips. If momentum is strong will close before the R1 @ 107.36 Should it go below 107 I am holding my long and add more @106.80 to close at break even on ...

USD/JPY Discussion

Talking about exact pips... — Thought it's worth mentioning - the exact pivot points we discuss in this thread are based on Accuchats (meaning FxSol broker) Bid quotes. If your broker offers better spreads (like mine) the actual quotes in your ...

USD/JPY Discussion

Ak4x, gret cow story!

USD/JPY Discussion

Speculator vs. Investor — By the way, do you know the difference between investor and speculator? Speculator buys low and sells high. Investor buys high and can't sell at all

USD/JPY Discussion

I closed my new long at 106.94 - it's very reluctant to go higher now, and I'm too sleepy

USD/JPY Discussion

Earlier Dove mentioned having 4 monitors running for trading. Reminded me of this "Trader's Workstation":

USD/JPY Discussion

Congratulations, Mrpipmaster, that was a nice call!

USD/JPY Discussion

It's safely above the daily PP at 0.9544 now, but I've been burnt a few times by AUD and NZD surprising news releases, so now I try to catch the train once it started to move

USD/JPY Discussion

I am risking a short at the PP for 10-pips retrace My Accucharts work fine, the software has been running for 2 hours, shows all my 10 currency pairs...

USD/JPY Discussion

Australian jobs data often cause nice price jumps with gaps. I will be looking at the AUD/NZD pair to ride the announcement

USD/JPY Discussion

I am long @ 106.78, target 106.88, amother half - 107.00

USD/JPY Discussion

I noticed a new feature in JPY behaviour. In the old days of carry trade USD/JPY would normally go up before the interest swap at 17:00 EST, with the biggest move on Wednesday - the day of double interest prize. Nowdays, almost every Wednesday yen ...

USD/JPY Discussion