You are what you love, not what loves you. Bit metaphorical, I admit. Noise is not there per se. A short-term trader on M5 charts will only look at the D1 for the day's direction and not be concerned whether or not it is flopping around for the ...

D1 and M5, which is noiser?

That is correct. Because all yen-crosses are quoted as xyzJPY with the yen as the base currency, the yen index is also shown in reverse, thus letting you look at the (likely/overall) direction of yen pairs, rather than the yen itself.

The WoRmHoLe

Ever noticed that little office clip next to the page counter on the top of the page? Hint hint...

Indian Guru Trading Majors

Which makes you sleep better tonight?

The WoRmHoLe

I just would not take anything into the weekend. All risk appetite is coming from G20 communiques, or what has been leaked so far of the drafts. However, it's national election weekend in Germany, so Chancellor Merkel will find it difficult to agree ...

The WoRmHoLe

Well, I guess that's just me... If you ever come to Tokyo we'll hang out and I'll buy you a drink

The WoRmHoLe

I'm also currently pyramiding short into EUR/JPY. Benefits from the strong yen today just as much as GBP/JPY, on the other hand EUR/USD has been holding steady today and in my mind not due for an upside pull-back like GBP/USD might. H4 chart and ...

The WoRmHoLe

That drop after BoE King came on the wires was nothing short of obscene! Close to 70 pips onthe hourly candle, more than double the hourly ATR(14) before the move (it stood at 33). I was short from 1.6341 and have locked in profits after this ...

The WoRmHoLe

Peace out, man! I guess the joke's on me, should have caught you on the "7 pips"...

The WoRmHoLe

Excuse moi: all flash and no style. "You suck" simply doesn't count as constructive criticism. Gotta do better than that.

The WoRmHoLe

So? Keep the noise down if this thread is not meant for you.

The WoRmHoLe

And so is tomorrow and Wednesday. First trading day of the week in Japan is Thursday.

Indian Guru Trading Majors

Next week — Slightly off topic, but bear with me... Monday through Wednesday next week are public holidays in Japan. I won't bother getting up for the Asia session, because basically there won't be any GBP also has only one big event risk ...

The WoRmHoLe

wow, what broker is giving you that spread? still on ibfx??

Indian Guru Trading Majors

FXCM offers a more detailed explanation on their members-only page: One important point to remember is that the SSI represents only the FXCM order book, therefore the sentiment of individual traders with small portfolios compared to institutional ...

Need Explanation from a Veteran Trader

Fractals? I thought it was a commodity channel index (CCI) that had Ergodic dynamic theorems applied to it for smoothing it out... Am I missing something (again:nerd:blush:? jesper

Indian Guru Trading Majors

Powerful stuff — Lion, I've tried a couple of settings on your indicators from "archive.zip" in your first post, putting them all on the chart and then drilling deeper by using only a couple, e.g. SR only or day_exp only rather than both in ...

Indian Guru Trading Majors

Thanks for your answer in the EA. With regards to caution, I copy. Two support lines on H4 coming in very closely to where price currently is, but because there is plenty of room to run inside last week's range (and my lagging indicators are ...

Indian Guru Trading Majors

Trailing Stop EA — Hello Lion, Glad I found you here again after the previous thread apparently dried up. I have a question for you, maybe you can help me out. In the zip attachment to your first post you included the "Tight Trailing ...

Indian Guru Trading Majors

Mark my words, she's going down from here. The data release were total non-events. That tells me that there is no bull power in the market. If that proves to be correct, psychology will take over and the selling will resume. The point is (but whom ...

The WoRmHoLe