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Butters replied Feb 27, 2023I'll check it out. It'll make for some good weekend reading. I read a couple of Prechter's books a number of years ago but had a hard time applying it. I do see it play out sometimes but other times it's not so clear to me. Perhaps it's worth a ...
USD/JPY Discussion
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Butters replied Feb 27, 2023Patience is important. It took me a while to not just learn that, but apply it (which imo is the more difficult part). I've made every mistake in the book multiple times. LOL Trying to front-run a reversal only to get stopped out, FOMOing into a ...
USD/JPY Discussion
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Butters replied Feb 27, 2023S&P up, UJ down. I had a first pullback entry on UJ for a short, but I didn't take it because it was ahead of news. Sitting on hands for now and waiting for a setup in either direction.
USD/JPY Discussion
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Butters replied Feb 24, 2023Got a W pattern on the S&P. S&P bullishness means UJ weakness.
USD/JPY Discussion
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Butters replied Feb 24, 2023Hard to say right now. Price is still inching higher so I'm sitting on my hands watching. I might not take the trade even if it does set up though since it'll probably be getting pretty close to NY close, and I don't hold trades over the weekend. ...
USD/JPY Discussion
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Butters replied Feb 24, 2023Might be getting an opportunity to fade the move up. I had two valid long entries setup in the middle of the night while I was sleeping, but obviously since I was sleeping I couldn't take them. lol As for the fade, it's kinda like the London Close ...
USD/JPY Discussion
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Butters replied Feb 24, 2023That's a pretty sinister chart pattern on the S&P...

USD/JPY Discussion
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Butters replied Feb 24, 2023Here's a supply/demand zone indicator with an on/off button if you want to use it. That way you can see zones where price will likely bounce, or consolidate at before breaking during a strong trend, and with the on/off button you can keep your ...
MA Crossover System that works for me
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Butters replied Feb 24, 2023Thanks for the information. I've been thinking of getting into the prop space soon, so it's good to read people's feedback. I'll add MFFX to my list of firms to consider. Also looking at The Funded Trader and Rocket21.
Prop Firm Hub
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Butters replied Feb 23, 2023Got some JPY stuff on the calendar in about half an hour. I'll look for a setup after, open to either direction. Long, short, sideways... either way we're gonna have a lot of fun, right? lol Robin Hood Men in Tights reference.

USD/JPY Discussion
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Butters replied Feb 23, 2023I might take a short if I get a supply setup. I can actually see this pair correcting to the downside. Three failed pushes higher over the last week, and the H4 looks to be forming a rising wedge. I could always be wrong too.
USD/JPY Discussion
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Butters replied Feb 23, 2023Trying to take out the high of the week. Waiting to see if it holds or fails.
USD/JPY Discussion
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Butters replied Feb 23, 2023Trailed my stop into profit before bed, woke up and stopped out. Just waiting now. This pair has been a snoozer this week...
USD/JPY Discussion
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Butters replied Feb 22, 2023I scratched the trade around breakeven. Just sitting on hands now. I'll see if I get a setup in either direction.
USD/JPY Discussion
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Butters replied Feb 22, 2023Trying a short off this supply zone and will look to cover during Sydney/Tokyo. It could work out, or, I might just end up looking like a total jackass. LOL
USD/JPY Discussion
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Butters replied Feb 22, 2023Nice W pattern at support/demand zone on the 15 minute. Upside supported by /ES selling off.
USD/JPY Discussion