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    • smash1820 replied Apr 9, 2014

      out, damnit. i just started to realize the stupidity of my latest posts. perhaps a few too many drinks, lol. scratch the longs, this is a bears market. although i do hope the bulls pick up soon.

      USD/JPY Discussion
    • smash1820 replied Apr 9, 2014

      Hi, I voted greater than 12 pips, but I agree with this guy's logic. It all depends on what type of trader you are. I am a daytrader, but I find any wicks greater than ~2 pips or so to be valuable information. It's all about the market context, ...

      The power of range bars
    • smash1820 replied Apr 9, 2014

      Hi everyone, Please allow me to ask a very simple, but important, question: Is there a relationship between USD/JPY and AUD/USD??? I am wondering because I mostly trade U/J, and I like the yen crosses (U/J is my preferred trading vehicle). I will ...

      AUD/USD
    • smash1820 replied Apr 9, 2014

      loool fair enough, you got me again. I am certainly a gambler, I will not deny that... But please also actually consider what Pip Anon is saying, because it is exactly what I meant. You seem smart so I am sure you will take it into account. The past ...

      AUD/USD
    • smash1820 replied Apr 9, 2014

      Hello everyone. I wanted to wish luck to the longs (I am one of them), remember to keep a tight S/L if you use one, I would suggest somewhere around ~101.50 or so, if that breaks, it could signal a lot more downside still. Although I personally ...

      USD/JPY Discussion
    • smash1820 replied Apr 9, 2014

      I think the move is over and the market doesn't care anymore about those figures... whatever they were What I see is a strengthening Aussie and weakening Dollar. I don't think that's going to bode too well for the US Dollar Index (if I ...

      AUD/USD
    • smash1820 replied Apr 9, 2014

      I'll take ur word, just make sure you get the "pump" and "dump" phases correctly. Although I don't trade this pair much (or at all), I am confident that it is in a "pump" phase not a "dump". And I can prove it if I have to.

      AUD/USD
    • smash1820 replied Apr 9, 2014

      Ok, you got me. You are right that charts can't read data and interpret the news, BUT, charts can predict money flow, and therefore provide an implicit bias of short-term direction. I think if you agree that the fundamentals are ultimately what ...

      AUD/USD
    • smash1820 replied Apr 9, 2014

      You are right, positions are basically 50/50 and I do not think that the "consensus" opinion has any merit in a trade, but you are not entirely right. I hold the firm belief that the technicals can very well predict price action and even upcoming ...

      AUD/USD