Based on Ichimoku monthly chart, 120 is the most immediate support line, and the Bears are quite aggressive atm. Long with caution and look for short entries. Current resistance(s) at 124.60, 150.0 and 155.0. Trade safe and may the trend be with you.

EUR/JPY

I think it depends on which TF you are using. Weekly can go from 8-12 months, Monthly 2-3 years, 3 Month TF up to 6 years, etc,. These are the time period it takes for the trend to mature and often go into hibernation. Note: You will seldom get the ...

Who makes real money from forex?

Trading is a state of mind, and you need to have the mindset to become successful at it. Losses are inevitable in trading, so you need to be mentally prepared. Also, discipline in the main factor in becoming a successful trader. Learn from your ...

Who makes real money from forex?