Don't worry. If there is a war happening which I hope not, Japan won't be affected as long as they don't butt in. The last Korean war in the 1950's, Japan did not get touched much because they sat out. If Japan decides to join in this hypothetical ...

USD/JPY Discussion

With a wife like that, you should definitely go get an office to trade. I don't know if you can concentrate on your trading much.

Trade at home or at the office?

I trade in an office area in my home. So far it's working out really well for me. My office area is an exclusive area that I can concentrate on my trading and not be distracted. But it's inside my home so I am close to everything that I need and ...

Trade at home or at the office?

Of course they do! They just don't tell us

EURUSD

My take is that EU is going to go up a bit more to 1.2189, my first resistence target on my chart. And then it's going to go down south again. Since I am a chartist, I am going to wait until I see some reversal signals then I am going to short. Good ...

EURUSD

After looking at the chart more, I would stay for one more candle and then close or at least prepare to close the position at the close or any significant low. I am testing out a new strategy. Let's see how it works out. Good luck!

USD/CAD

From the 30M chart, it's trying to break out from the channel to go north but it's climbing really really slowly Not sure if I want to buy or sell

USD/JPY Discussion

Lucky you can trade at 6:00 am in the morning Congrats!! Stay in the position. I think it will dip lower, but prob. not too much lower

USD/CAD

Nah, we got a budget deficit as soon as the Harper government went onto the stage, WAY before the economic meltdown that we are recovering from right now. And speaking of bailout, the gov't didn't spend as much money bailing out as in the US. The ...

USD/CAD

When are those politicians gonna realize that Forex price is a reflection of a country's economic well-being and it's not the other way around. I see currencies are like the stocks of the country. If the country's economically and politically ...

USD/JPY Discussion

Another thing I noticed, this pair does not trend as much and as long like the others like EUR/USD and USD/CAD but with big moves (+90 pips) in one candle due to news. I guess it's cuz less people trade it. It ranges more. So, you can trade it 2 ...

USD/JPY Discussion

Always accompany EVERY single opened trade with a Stop-Loss order no matter how confident you are with your trade. Never ever close the Stop-Loss order until you are ready to take profit. Think of your every trade as a "Profit harvester" or "Profit ...

Going live first time

Canada is not doing too bad. We used to have surplus and then this current conservative gov't totally ruined it and created a budget deficit. Not sure how much.

USD/CAD

Ah. Well, you didn't miss much. I find the UJ pair is really sensitve to news. It's the best pair to trade on any major US news release like the NFP, ISM, and/or any Japanese news. And Japanese gov't do intervene. This pair was going south very ...

USD/JPY Discussion

Hehe, hope it will climb more. I hope you were able to long when it dropped to 91.05 if you had decided to ride the long (no pun intended) train. I shorted UJ earlier at 91.53, it was a good ride

USD/JPY Discussion

I really don't know why he is not willing to post replies in the proper thread where they belong. He did it to the EUR/USD thread yesterday. It's not hard and it's more considerate to others. He's on my "Ignore" list right now. Don't have the time ...

USD/JPY Discussion

95% over how long? On a day? Over a week? Over a year? And how many accounts? I believe that 95% figure is not fiction BUT it's could be only the % of losing accounts in ONE moment in time and that exists in all types of investment trading. If you ...

95% losers - Fact or Fiction?

That's what I do after I put in a trade. I put in my S/L order and I walk away from my computer to do other stuff. The funny thing is, my trade almost always goes into profit when I am not staring at it and when I do look at it, it always goes into ...

Cable Update (GBPUSD)

Bought at 1.4400. Cable car, going up.

Cable Update (GBPUSD)

Bought at 91.22. Now climb!!!

USD/JPY Discussion