As do I, I honestly could careless I'm just shocked at how emotional people are getting. This biz is about 20% skill & 40 % money management & 40% managing yourself & your emotions. I've been in this biz almost 15 yrs & just recently decided to join ...

GBP/JPY

I alway nibble in different areas small piece here small piece there till I get size I'm comfortable with. Lower leverage wider stops = larger profit targets & building positions it what works for me & what I'm comfortable with.

USD/JPY Discussion

Always go with your gut, there will always be another opportunity to enter. The worst thing you could do is force a trade that you have to manage when your not comfortable with it, it will really put your head out of the game.

USD/JPY Discussion

I really can't understand why people get upset when others have opposite views of there's when it comes to what side of the market there on. Wake up people someone needs to be on the other side of the trade for you to get your trade. When it comes ...

GBP/JPY

I just bought some more myself down here.

USD/JPY Discussion

Nope just a thin market that was expecting exactly what happened to happen. Low liquidity generally floats market upward looking for sellers.

AUD/USD

I don't know Ichimoku at all but from looking at the daily I see accumulation/consolidation (125 pip range) for the last 8 days. The move up started roughly around 79.00 & stopped roughly at 83.00. The path of least resistance definitely seems to be ...

USD/JPY Discussion

If you look at the last 5 days of PA we a series of HL's & HH's with yesterday being an inside day & today not completed. We are currently in a consolidation pattern & favoring a break to the upside.

GBP/JPY

I'm bullish as well at least till the elections at which point I'll see how the PA reacts then then I'll make a decision from there as what to do with my positions. I grabbed some at 82.00 have another order at 81.85 as well but I don't really see ...

USD/JPY Discussion

The markets reaction to this cut is not surprising at all, I really can't see any serious down moves in this pair until the fiscal cliff nonsense is out of the way. Liquidity seems really low & shorting dull markets is very dangerous.

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Do a quick google search on how much money is held on deposit at the largest retail brokers, you'll quickly find out this is a war between the big players & were just trying to carve out pennies flowing them.

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Retail money barely covers the electric bills & monthly Internet service bills of the big players in this market.

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That means it time to start building a position with cheap longs

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We're in the same boat.

USD/JPY Discussion

Agreed, but there's also the Y 880B of stimulus that was announced on Friday so I'm not to worried. Not to mention I'm fairly certain ABE will be on the wire with his political jaw boning that the market seems to love.

USD/JPY Discussion

I'm looking to enter a fairly small position basically with a pretty wide stop targeting much higher levels going into the elections. I'm thinking even if NFP is horrible any sell offs will be short lived, I feel the bigger story is JPY elections & ...

USD/JPY Discussion

Agreed we could be looking a fair slow being of the weak and then see some serious fireworks come Friday.

USD/JPY Discussion

Same to you sir. Hoping I can get filled this time around wasn't able last week was looking for a little better price than it traded. Luckily I got filled on 4 other JPY crosses. I always tend to split my trades up amongst a group of pairs so I get ...

USD/JPY Discussion

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