I don't know what to say then I don't trade with indicators just PA & paying attention to FA & political headwinds. Indicators all lag & the only people that really understand how to use them are ones that created them.

USD/JPY Discussion

Increase your TF it probably won't look that way anymore.

USD/JPY Discussion

I've tried to use it before it doesn't get the good levels only finds the real obvious ones. Better to learn supply & demand thru screen time IMO.

Trading EURUSD only

From BBC 27 December 2012 Last updated at 19:43 ET Demand for some Japanese products has slowed in key markets resulting in a dip in its exports Yen at 27-month low versus dollar Shinzo Abe's economic challenge Economic woes occupy voters Japan has ...

USD/JPY Discussion

Depending on hourly candle close this could be a great spot to add into e/j & g/j longs.

EURUSD

So much safer to wait for a consolidation below the most recent consolidation then short the bounce. Can't really understand why people want to be the first one on the move. If the move is real more than likely it will give you a second chance to ...

USD/JPY Discussion

image All bs economic data but with thin markets reaction is very exaggerated.

EURUSD

Nikki will go up. Abe's plan is to weaken yen & strengthen Nikki.

EURUSD

It honestly might not slow down till jan 12/13 don't remember exactly which day it is when Abe lays out his plan to reach the 2% inflation target he wants, even then depending on how solid his plan is it could still keep moving.

USD/JPY Discussion

86.30 is outta the way already.

USD/JPY Discussion

Agreed I wouldn't establish a fresh position here. I started trading around at core position at 106.00 on e/j & 131.00 g/j, over a month ago. Shame I don't still have my original size on but I can't complain even with only 25% of my original ...

EURUSD

I have a very good friend that i worked on the same desk with for many years he now trades for a major bank here in NYC I was out with him 2 weeks ago & he told me his desk is targeting 112.00 on u/j before the end of the first quarter. I told him I ...

EURUSD

If you look at the last time they intervened & targeted the USD I believe it was last october if im not mistaken not this past year but the year before the yen crosses were all up over 300+ pips & the USD crosses got smashed. They did this by only ...

EURUSD

Not exactly depending on the type of easing that is done the yen crosses can appreciate & the usd crosses can depreciate. It all depends on if they are targeting a specific currency meanning heavy buying of usd or just selling yen across the board.

EURUSD

Thu Dec 27, 2012 9:30am EST * Dollar/yen on track to end above 200-week moving average * Risk reversals skewed towards more yen weakness * U.S. "fiscal cliff" stalemate supports dollar By Gertrude Chavez-Dreyfuss NEW YORK, Dec 27 (Reuters) - The yen ...

USD/JPY Discussion

There has been 2 very clean consolidations where one could have jumped in.

EURUSD

I been in this trade for over a month now seems crazy to jump in here unless ur scalping, or trading around a core position.

EURUSD

Thin markets no real sellers.

EURUSD

Morning Sir. Hope the holidays treated you & the family well. I cant post a chart now but will in a couple of hours. I think the best were going to see is a consolidation not a distinct pullback. If you look at the PA has been very uniform & orderly ...

USD/JPY Discussion