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CannonScout replied Apr 16, 2019Buyers market to me. I would gladly take the long positions.
USD/JPY Discussion
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CannonScout replied Apr 12, 2019Because it is not people that react to news, news reacts to people.
USD/JPY Discussion
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CannonScout replied Mar 28, 2019Lot of that kinda behaviour isn't there. You can never really predict the banksters moves, they play chess 4 moves ahead.
USD/JPY Discussion
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CannonScout replied Mar 21, 2019Yeah. I thought there would be a dump but I was too early. Long are still a fair play though.
USD/JPY Discussion
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CannonScout replied Mar 13, 2019Want to see 111.60 for a short trade. Prof-Targ not fully determined yet. The BREXIT atmosphere is increasing me thinks.
USD/JPY Discussion
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CannonScout replied Mar 10, 2019Yes. Unless we are 'investing' over long periods of time, (IOW providing capital to an underlying business) than yes; we are engaging in speculative/ gambling behaviour. Even though we can reduce and maintain the odds via indicators, set-ups and ...
Are We All Gambling?
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CannonScout replied Mar 10, 2019Okay. Personally I would like to see a head and shoulders pattern that leads to the 109.50 area. But a bullish reversal could easily occur before that. Just have to wait, see and observe the setup. "Sit on your hands." - Jesse Livermore
USD/JPY Discussion
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CannonScout replied Mar 8, 2019Everyone’s thinking that. Wait till there’s some belief that the trend has changed (bear). Having said that, it could turn at any minute
USD/JPY Discussion
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CannonScout replied Mar 8, 2019I'm liking how this is looking. Immediately I would like to buy 110.6 but would require a lot of validation/confirmation. Many buyers still.
USD/JPY Discussion
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CannonScout replied Mar 6, 2019Probably. But there's always some analyst out there who attaches a fundamental reason to it. Just really want a good price of entry. If I don't get the price I want I don't trade. But damn I do miss out on a lot.
USD/JPY Discussion
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CannonScout replied Mar 5, 2019Would like a line chart based on the open instead of the close if possible? Thanks
I will code your EAs and Indicators for no charge
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CannonScout replied Mar 5, 2019I get asked all the time; "why technical analysis?" (In other words price action) And I always say...the where is more important than the what, how, who, why and when.
Price is everything
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CannonScout replied Mar 5, 2019Agree. Personally I would like to see activity return to the 111 - 110.50 range. Assuming I'm still bullish, I believe it could provide a good opportunity to buy. Buyers, I believe, will slowly return price to the 113.60 range. Does anyone know the ...
USD/JPY Discussion
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CannonScout replied Mar 4, 2019Is the 110 a support level or are you planning to buy there?
USD/JPY Discussion
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CannonScout replied Mar 4, 2019Did you ever fix this?
MetaQuotes cant open charts "contains incorrect path"
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CannonScout replied Mar 4, 2019I agree that there is a lot of buying pressure. However, there is a good chance of a wash out. The trade off is buying now and risking a drawdown | or waiting and risk missing out.
USD/JPY Discussion
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CannonScout commented Mar 3, 2019Means nothing. Power is with Powell (fortunately) not much reaction expected.
Trump Says Dollar Too Strong, Slams Powell Who "Likes Raising Interest Rates"
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CannonScout replied Feb 28, 2019Could someone buy a lot of JPY so I can get in at a good price? Thanks
USD/JPY Discussion