No I understood but with a name like BOJtrader you just never know.

EURUSD

Currently ticking at 1.3516 500k= 500 standard lots 1.3516 - 1.3351= 165 pips x 500 lots x 10 = $825,000 profit or do you mean 5 lots?

EURUSD

I may have bags under my eyes but just look at those teeth ------ >

Daily GBP/JPY analysis

It was a hammer when he posted it but now it's on a flight somewhere.

EURUSD

I am reading mixed opinions on the G7 as it could potentially be Yen bullish or have no effect on the carry at all. A possible rate hike by the ECB is in the forecast for June which could be pricing itself in right now. The Euro is hitting a grand ...

Daily GBP/JPY analysis

Yep, stand bye for a short and wait till carries start to unwind. Looks like an easy one but you never know i suppose.

Daily EUR/JPY analysis

Yes, he was referring to placing buy / sell stop orders as way to hedge or protect your equity in the event that there is a "market glitch" or you place a bad trade. Futures contracts / commissions are a lot less than forex spreads so doing this ...

Do you place your stops first?

My favorite new quote- "you would start to fill all the sell orders out there, until no sellers were left at the current price." As much as this is true, we know that's never going to happen. This is forex not options. We need to quit with all this ...

big orders - what happens

Retail traders only make up something like 2 to 3 % of the forex market. You wouldn't be able to see a thing if we all bought at the same time even during slow times. This has been argued several times here and to be honest i don't know who has made ...

big orders - what happens

oh that was funny and it's so true.

Daily GBP/JPY analysis

I can't believe this piracy thing, what next will it be...

Daily GBP/JPY analysis

Thanks, your right about that one, good eye.

Daily GBP/JPY analysis

Orian, how are you coming up with this "strong bias according to the futures?"

Daily GBP/JPY analysis

Hey Cesar this Oanda chart may just be their pending orders. I doubt it accounts for commercial / institutional trades but i just posted it as a gauge; which could be a problem as there are many retailers who just aren't sure and place both long and ...

Daily GBP/JPY analysis

Here is Oanda's current position chart. If we could just see 234.60 ish we might pick up a few orders for a running start. On 3, 1 2 3 .... image

Daily GBP/JPY analysis

Exactly, subtract the low from the high of a candle or just look at how much it moved during the last period. The range will change of course when you switch time frames but the key here is using the current range not what it ranged at several bars ...

Daily GBP/JPY analysis

Hey fellas you want my 2 pips on the indicators? Calculate the range and use that # for the settings for RSI, MACD, & Stochastics. Use them for confirmation when entering and exiting trades and never use the default settings to trade because they ...

Daily GBP/JPY analysis

Wow, look what we have here: image

Daily GBP/JPY analysis

Nice 1 bravado, anyone want to fire off a few lots @ tomorrows close and shoot for a double play on Sunday?

Daily GBP/JPY analysis

It's only Thursday in the U.S. and i'm already thinking about a gap on sunday/monday... true signs of boredom.

Daily GBP/JPY analysis