A little more trivia — I've been studying some of bobokus' stuff and I could be wrong but according to the price closing past the inner 38.2 fib it will go on to break the high of the fib and go to an extension. Conservatively to 205.85.

Mission Discovery: Think Outside The FX Box

GBPJPY NOW — On five min buy trigger to 203.80

Mission Discovery: Think Outside The FX Box

Hey friend — Hey afresh! Good to hear from you. How is trading going? Yes I agree the new concept is discretional in the sense that discretion is one of the critical ingredients of making it successful. Discretion is involved when keeping the ...

Mission Discovery: Think Outside The FX Box

Yes....and target lines are made by drawing from high to low and low to high and then both are moved on to the low/high of the first candle. What you end up with is two sloped lines that run above and below the second candle. The distance to the ...

Mission Discovery: Think Outside The FX Box

One more thing — That would have been a 30+ pip trade to boot. Good work!

Mission Discovery: Think Outside The FX Box

This worked great! — This particular trade worked, but those angles were really steep. My advice would be to space your candles out more, meaning pick a candle farther back on the chart to lower those angles because the price doesn't always ...

Mission Discovery: Think Outside The FX Box

Hey friend — Works on all time frames. Keep angles low. Post your chart so I can see how you are setting things up.

Mission Discovery: Think Outside The FX Box

GBPJPY 5MIN — Small sell trigger to 203.49 right now on 5 min chart. Based on Japanese fan and rsi below 50.

Mission Discovery: Think Outside The FX Box

GBPJPY 4hour — Chart for tomorrow and early next week. I'll throw up a couple more time frames later. Things heading to yellow line.

Mission Discovery: Think Outside The FX Box

Worked out! — It's been a pretty good week using the Japanese fan. This morning price hit 205.11-fulfilling the ultra conservative target I had up @ 205.03. Next week I plan on doing a lot more gbpjpy discussion here on this thread using this ...

Mission Discovery: Think Outside The FX Box

Hey friend — Good words brother.. It's amazing what all of us are capable of if we just believe we can do it. We all have a super computer in our heads called a brain, and we are trained from infancy not to use it. Sad but true. I want ...

Mission Discovery: Think Outside The FX Box

More conservative — This Japanese fan put's a target up at 205.03 Maybe a little easier to reach....This beast has been nuts lately!

Mission Discovery: Think Outside The FX Box

GBPJPY NOW — Using the Japanese fan, if the current hour candle can close above my buy decision line, I think price will go to at least 206.25. I picked 206.25 because it is the closest conservative target using this method.

Mission Discovery: Think Outside The FX Box

Swing closes counter trend — I'm still waiting for the lower yellow line to be touched.......

GBPJPY scalpers

Hey friend — Sorry about that... I'm working on not using stops...I wouldn't suggest trading like this. I've lost money doing this sort of thing a couple times, but I am holding it for now. I anticipate a big drop coming otherwise that trade ...

GBPJPY scalpers

One more chart — Close up of the tattle tale candle.

GBPJPY scalpers

Short to 200.20 — Hey guys...I've been experimenting with a new method lately and using it I am short with a TP @200.20. Not advertising (trying not to take up space here) but if anyone is interested I wrote about it on my mission discovery ...

GBPJPY scalpers

FX — What do you think of the new concept?

Mission Discovery: Think Outside The FX Box

Lol — Whoopsie daisys

Mission Discovery: Think Outside The FX Box

Scotty B’s Japanese Fan Trading Strategy — Scotty B’s Japanese Fan Trading Strategy I have always held the belief that every two points on a price chart share a special relationship. This can be seen practically by looking at Gann lines. When ...

Mission Discovery: Think Outside The FX Box