Gotcha! — I 100% agree with you here and it's also nice to see common sense applied to some fundamentals! There will always be people who think the trend is up & down at the same time - it's just a matter of perspective and opinions really ...

USD/JPY Discussion

Awesome feedback thanks!! I can see what you talking about looking at the weekly chart, but what I'm worried about is a retracement on the strong run up. What if it comes for a 50% retracement to around 106.50 - how do we know and what to look for. ...

USD/JPY Discussion

Thanks — Thanks for pointing that out, I'll keep an eye on that. I for one appreciate the guys willing to offer constructive feedback! I'm going to research the bullish flags and find out what we look for in a continuation.

USD/JPY Discussion

Bingo! — That is exactly what I'm thinking too and was hoping a good chartist with strong TA could help. Since I'm still learning trends & such, was hoping for some good strong advice with some logic behind it

USD/JPY Discussion

Here are the attachments. Each shot has the same trendline in them - just on the different timeframe. What am I seeing wrong if it's not up?

USD/JPY Discussion

I'm actually neutral at the moment and honestly don't care if we go up or down as I don't have any positions. I just hope this pair starts moving! As far as trend - the way I'm reading the chart, it says we are up. We are at the top of the upper ...

USD/JPY Discussion

Steelhead - any comments? What do you think?

USD/JPY Discussion

'W' on the H1 — Nice big 'W' on the H1 chart for USD/JPY Doesn't that mean a nice upward run isn't too far away?

USD/JPY Discussion

Good job! What is the reason behind shorting if the daily still shows up? Just going with the hourly flow?

USD/JPY Discussion

Thank you! — Thank you very much!! I'll see if I can't get a copy of these. I've got to get better at determining trend and such. I only made 2 PIPs today, but could have been alot more if I had timed my entries & exits better.

USD/JPY Discussion

Trends? — Does anyone (except fundamentalists) have any good material to read that will help with trends, retracements, reversals & continuations?

USD/JPY Discussion

It's not that bad once you do it a few times. I just hate seeing a positive trade go negative, it's the worse feeling out there for me because it could be prevented. Stings alot more to me than a trade that completely runs away from you and hits a SL ...

USD/JPY Discussion

Dohhhhh! I'd recommend setting up an alert around you TP level as well. This use to happen to me all the time until I set an alert 10 PIPs away from my Take Profit so I could monitor the session.

USD/JPY Discussion

It's acting very bi-polar at the moment! I wish we could get a lock on a good trend and start racking in the PIPs! With that said though, it looks like the EUR/USD wants to go down and the USD/JPY wants to go up, but both pairs are stalling

USD/JPY Discussion

Cool! I've been scalping 4-5 PIP trades and have recovered my losses from my last Long. I'm holding a long from 107.91 - was going to scalp it, but I think I'll hold it a little longer...

USD/JPY Discussion

I went ahead and covered

USD/JPY Discussion

Do we now cut our losses if still long?

USD/JPY Discussion

OK Just went long on USD/JPY so hopefully that was good timing!

USD/JPY Discussion

Down? — Is it safe to say the trend on USD/JPY is now down? Luckily I dodged this bullet as I was playing the EUR/JPY. Since it is going up and the USD/JPY is going down, means the EUR is being bought?

USD/JPY Discussion

Ok - that's probably what is throwing me off, expecting the large moves back and forth and lately it's like you say with a small range. For now I'll just be happy with my gains until this pair gets some good moves under it. Thanks for the info, I ...

USD/JPY Discussion