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TheArcher replied Aug 20, 2010so u are a long term (vs short term ) player .. with a view over a few weeks or a month ?
USD/JPY Discussion
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TheArcher replied Aug 20, 2010mfoste1 i notice on ur charts only 2hr, 4hr and 8 hr charts ... is there anything signifcant that u use them ? coming to the subject of the chart being the roadmap ... just how should one read them .... or ..how do u read them ? thanks .
USD/JPY Discussion
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TheArcher replied Aug 20, 2010talks very fast to catch anything ... what is he saying in simple english this part i can understand with TA ... there's the two words again .... i am getting a bit 'phobic' of these words ... for not getting the real meaning of them ... : ( ...
USD/JPY Discussion
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TheArcher replied Aug 19, 2010ok , tell me what u see on my 4hr chart .. or what am i to see in the chart ?
USD/JPY Discussion
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TheArcher replied Aug 19, 2010ok .. that's the definition i got earlier ... but can u show me on the chart how u see this ... ? when buyers ( u mean the ones who ' sold ' ) come in to "cover" their shorts or buy back what they sold ... ( u mean cut loss ) ... boyoboy too ...
USD/JPY Discussion
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TheArcher replied Aug 19, 2010thanks for the nifty link ... it is still a mouthful for me .... can't visualize it ... still blurry ..
USD/JPY Discussion
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TheArcher replied Aug 19, 2010staring at 4hr chart .... which of the 4 lines is at play ...? boy, this is real hard work ... sigh ...
USD/JPY Discussion
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TheArcher replied Aug 19, 2010how would u say that in simple english ... not very strong with professional terms ...
USD/JPY Discussion
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TheArcher replied Aug 19, 2010its retracing the 2nd hour .... will it drop down to 'honour' the 4hr bar the next 2 hrs ..?
USD/JPY Discussion
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TheArcher replied Aug 19, 2010can u give me a visual ( chart ) of the above in usdjpy context today ..? i am confused with this spike up to resistance ... thought today it broke downwards from the support ...

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TheArcher replied Aug 19, 2010sell on rallies ... ? what does it mean ..? u mean when the bar starts dropping , follow the crowd and short in the hope of catching some pips .... ?
USD/JPY Discussion
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TheArcher replied Aug 19, 2010i don't understand ... its just one long bar down on the 4hr chart ... how do u know the next bar will also be down .... ? below is the hourly chart with the next retrace bar .. what's next ...?
USD/JPY Discussion
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TheArcher replied Aug 19, 2010when u say money ... which money are u refering to ? abit confused on this money thing .
USD/JPY Discussion
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TheArcher replied Aug 19, 2010i don't know ... the unemployment news was bad ... hence it dropped ... that's what i think .... i am thinking that it might retrace after getting sober ... this is the idea i have ... for the next few hours .. tell me ... teach me ...how to read ...
USD/JPY Discussion
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TheArcher replied Aug 19, 2010Thank you ! Appreciate ur intention to put me on the right path ....
just how would u have known that this would have happened in six hours time and not in the opposite direction ... ?USD/JPY Discussion
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TheArcher replied Aug 19, 2010is this what they call as 'random walk' ... very elusive ...


USD/JPY Discussion
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TheArcher replied Aug 18, 2010indeed prescient .... " House of Pleasure and Pain " ... genuinely feel sorry for the victims ... hope they get some recourse ... just report to the authorities direct ...
Jacko's Forex House of Pleasure and Pain
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TheArcher replied Aug 18, 2010a headless drunken chicken II .........where is it going next ..?


USD/JPY Discussion