Hi I'm not sure to answer truthfully, nor do I think it makes a real difference. When we look at PPZ/S/R we are effectively gagging group dynamics/behaviours, with the large players being a key influence to the group. Without knowing the real ...

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I noticed the same thing on the 5m charts yesterday and the day before. I can only boil it down to uncertainty. I also recon it's about the big boys keeping this within their range. i.e. If they are planning for this to go higher and they're trying ...

If you love the EUR/JPY and you know it... clap your hands!

Hi Magnus Do you mind sharing you pretty blue pressure indicator? If it's a freebee that is. No problem if it's not. Thanks JC

If you love the EUR/JPY and you know it... clap your hands!

I've been trading in this area, focusing on shorts. It's been fairly easy pickings. JC

If you love the EUR/JPY and you know it... clap your hands!

Morning all. It's not quite the V reversal I expected. But then why do I expect anything less than the unexpected. If it does turn, it's a painfully slow turn. Put sell in last night at 1.3257, closed right now while reviewing the pair for a small ...

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Breakout box developed with nice S/R's. Breakout down has room to move till 129.36 area and a breakout up to 134.15. Fairly decent clear room eaither way, but I feel I'm missing something. Anyone? image JC

If you love the EUR/JPY and you know it... clap your hands!

PS. In a slow market like this, with Japan on holiday, with the pair in consolidation/indicision phase, ranges should be fairly obedient to PPZ's with good PA. JC

If you love the EUR/JPY and you know it... clap your hands!

Closed 15 pips. BTW, my thoughts were this if the price broke higher above daily high. I sold near high of the day. With 4 daily bars already green and the 5th consecutive bar looking very likely, the chances of a 6th consecutive green bar is 1.2% - ...

If you love the EUR/JPY and you know it... clap your hands!

This afternoon I got in short at the first arrow because PPZ from the previous intraday downleg. Little did I take notice that the PPZ a few pips down was sliced through easily. I put another short in further up at another intraday PPZ raising risk ...

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I might turn this into a scalp as the current 4hr candle greeny is engulfing the previous 4rh reddy. Will have to see what PA does at today's high. JC

If you love the EUR/JPY and you know it... clap your hands!

Strong move in the last 3 hours! The brokers must be eating up the stops. Sold at 132.20, 2% risk. Will see what happens. Will close out half at ~131 and quarter at ~130 and rest will ride with 100 pips TS once stops move to BE. or Of course they ...

If you love the EUR/JPY and you know it... clap your hands!

Maybe stats. have some use after all. JC

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But that also tells a story. JC

If you love the EUR/JPY and you know it... clap your hands!

I would not base any entry decisions based on stats, however what I would do is look at adjusting risk, within certain tolerences, and position sizing based on stats. Not planning to do this, but just a thought. JC

If you love the EUR/JPY and you know it... clap your hands!

In all honesty I wasn't implying anything anyway. I thought it was simply interesting. I hate predicting the martket. I'm trying more and more to let the market tell me where it's going. The last weekly bar looks bullish with a medium term ...

If you love the EUR/JPY and you know it... clap your hands!

Of all the green daily bars since 11 Oct 2001, 7.6% of them has 5 consecutive green daily bars or more. The most green consecutive daily bars since then has been 9, of which 2 occurances have taken place. Of all the green daily bars since 2 Jan ...

If you love the EUR/JPY and you know it... clap your hands!

Nope. I have not seen any reason to them, so pointless trading something you don't understand. Trading in "normal" conditions is difficult enough. JC

If you love the EUR/JPY and you know it... clap your hands!

Which way do you think? JC

If you love the EUR/JPY and you know it... clap your hands!

Yup.

If you love the EUR/JPY and you know it... clap your hands!

What do you like to see to confirm a change in trend? JC

If you love the EUR/JPY and you know it... clap your hands!