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OHLC replied Nov 28, 2017Not your buddy but I did use 20% as a statistic because I'm using nothing but publicly available information and resources. I think 20% per month with a less than 5% DD is reasonable because I'm not doing anything others couldn't figure out. If 20% ...
Successful traders are very, very rare to find
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OHLC replied Nov 28, 2017Must have patience and discipline in spades. It is fundamental.
Successful traders are very, very rare to find
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OHLC replied Nov 28, 2017It'll be good to see if this week's weekly candle closes a proper red. If it does, next week would be

Cable Update (GBPUSD)
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OHLC replied Nov 27, 2017Out of the pairs you mentioned, USDJPY is the only one setting up for a reversal next week if it continues to be red but, I'd have to wait and see how this week closes on Friday.
Dragon Riders GBP/JPY
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OHLC replied Nov 27, 2017I'm just trading intraday but I could look at weekly. For the pairs you mentioned, how many days in advance are you looking at?
Dragon Riders GBP/JPY
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OHLC replied Nov 27, 2017IMO, in terms of a statistic, I would say that one hasn't achieved trading maturity until 20% per month (without compounding) with a less than 5% DD is considered easily achievable. A lot of traders on FF will find this "insane" but I am almost ...
Successful traders are very, very rare to find
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OHLC replied Nov 27, 2017The CADJPY probably has further to go but, this is good enough for me. image
Dragon Riders GBP/JPY
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OHLC replied Nov 27, 2017That's an easy one that doesn't take any thinking. It makes some traders feel good to share a little bit and help out a little bit. There are some traders that share much, much more than a little bit, freely and without any incentive. Not everybody ...
Successful traders are very, very rare to find
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OHLC replied Nov 27, 2017IMO, nowadays, it should take less than 1 year to figure out how to make money from trading, consistently. I think what has taken a lot of us much longer than 1 year has been, all the nonsense marketing that had us hooked for years into commercial ...
8 Years Later - Still Not Winning
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OHLC replied Nov 27, 2017I'm going to buy CADJPY when there's something good to grab but the rest of the JPY pairs are just not setup for it. Just my opinion...
Dragon Riders GBP/JPY
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OHLC replied Nov 27, 2017Oh I didn't mean any disrespect. I was just telling my opinion. We know everybody has an opinion haha
USD/JPY Discussion
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OHLC replied Nov 27, 2017Closing above 111.20 wouldn't tell me to go long. If anything, it would tell me to go short but, this continuation is just not good enough and my hands are full so I'm not trading continuations anyway.
USD/JPY Discussion
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OHLC replied Nov 26, 2017Any left over meat on USDJPY seems meager at this point, not worth taking a stab at. Try CHFJPY or EURJPY. Really, there is no difference between the pairs. Honestly they're all the same in behavior. This is true for exotics and XAU XAG. The only ...
USD/JPY Discussion
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OHLC replied Nov 26, 2017I make my own calls, I was just saying it's nice that you were confirming the push down on JPY. image
USD/JPY Discussion
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OHLC replied Nov 26, 2017I checked out your most recent map but it's too complex of a view for me. I only consider trading the next daily candle with any notion expiring by end of day. I don't have that much faith in the markets. For today, USDJPY didn't structure a good ...
USD/JPY Discussion
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OHLC replied Nov 26, 2017If I were forced to pick a direction, seems like long would be a better direction than short.
USD/JPY Discussion
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OHLC replied Nov 26, 2017You might check out GBPNZD, GBPCAD, GBPAUD to see if that's the type of trend you're looking for. Those pairs generally make better movements than USDJPY

USD/JPY Discussion