Coming back to my previous post, here's how I start my day(s): I get up. I eat something and make coffee. I check the news and blogs I follow for important developments. I check fx talk for overnight developments and order flow. I write down news ...

Part 2 EURUSD Trend magic System

Probably not the greatest day...that's for sure. Now, here's a real shocker for you: you absolutely have to keep an eye on the calendar here at FF and make necessary adjustments to your trading times or lot sizes. Maybe it's a bit too much to ask, ...

Part 2 EURUSD Trend magic System

Um...I'm not sure what you expect me to answer, really. Money management is a huge topic. In the interest of my time (and others'), could you please specify what exactly do you wish to know so that I don't have to write down everything I know about ...

Part 2 EURUSD Trend magic System

I'm afraid there aren't any 100% fool-proof rules and you just have to acquire enough screen time to be able to answer those questions. The thing is that I could give you an answer that suits me but I'm not sure it would fit with your trading style ...

Part 2 EURUSD Trend magic System

Not exactly. According to the original rules, you have to wait for BB to go blue to look for longs. If TM is already blue, you just jump right in. If TM is red, you wait for it to go blue. I have traded this system quite a lot in terms of screen ...

Part 2 EURUSD Trend magic System

[quote=skybiz007;4096283] You don't really need MTF CCI, because when it comes down to it, it's just a moving average plotted as an oscillator. All MT4 platforms have the moving average indicator by default.

Part 2 EURUSD Trend magic System

Just popping in to say goodbye to the yen. The level of confusion and the amount of conflicting press releases coming out of the BOJ, Diet and members of the Cabinet has been a huge drain on me personally, not to mention my account. Japan, being the ...

USD/JPY Discussion

According to stockcharts: Accumulation: The act of buying more shares of a security without causing the price to increase significantly. After a decline, a stock may start to base and trade sideways for an extended period. While this base builds, ...

USD/JPY Discussion

Interesting: China Sold Most Japan Debt on Record in August: China sold a record amount of Japanese debt in August, snapping a seventh-straight month of purchases. China cut Japanese debt holdings by a net 2.02 trillion yen ($24.5 billion), the ...

USD/JPY Discussion

Yeah, that makes a bit more sense, but either way, it always takes two sides to complete a transaction as I previously pointed out.

USD/JPY Discussion

Why strange? Someone had to buy yen to complete the transaction. If the yen strengthened due to someone selling it then there obviously was more demand than supply for the yen.

USD/JPY Discussion

I don't know about that. Tomorrow is NFP day and looking ahead we have the IMF meeting which makes me think that even the Japanese aren't really sure what to do. We already know they're scared of everyone - Japanese companies as well as foreign ...

USD/JPY Discussion

Japan Official Hints At Difficulties In Winning Support On Forex Policy Are they really such pussies? They're still one of the biggest economies on the planet. They should be acting it out like alpha dogs do, instead they're like Moomins who live in ...

USD/JPY Discussion

Initial reactions are largely kneejerk and I wouldn't label them as either risk averase or risk seeking. I'm talking about the lasting impact of those news releases, which has been all but dollar positive since the previous FOMC statement.

USD/JPY Discussion

In normal times, yes. In current times, with QE II on everyone's mind, it would send the dollar to the basement. The worse the numbers get, the more easing will be expected, thus driving the dollar lower. I absolutely hate this trading environment - ...

USD/JPY Discussion

BOJ vs the market video

USD/JPY Discussion

Yeah, I read that post too. Makes some interesting and valid points. I hope BOJ is reading this.

USD/JPY Discussion

Add to that the fact that Japan is the second largest foreign holder of US Treasuries and not the other way around.

USD/JPY Discussion

You've managed to sum up the politics of not only the MoF but the whole of Japan in those few lines. And this has been going on for 20 years or so, accelerating markedly since Koizumi got kicked off (the rate of change for prime ministers is truly ...

USD/JPY Discussion

Isn't it strange that the Nikkei has barely moved? Last time yen strengthened this much Japanese equities were all down by a considerable %. Not now.

USD/JPY Discussion