That's why I just let my puffer fish do the trading. Thank God fish are just too dumb to have emotions or care about being validated or criticised by random strangers on a forum

USD/JPY Discussion

My AUD/USD has now been triggered, since price just dropped below Friday's low. So now I am also short AUD @ 0.6491

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rising channel/potential bearish flag on the FTSE daily , for bigger context

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Short taken on the FTSE100 @5960 We are at the middle of the rising channel/bearish flag that has formed after the big drop. Sentiment seems to be changing in the markets. Overall I expect stock markets to correct just shy of 50% from their peaks ...

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My puffer fish is telling me this is a likely scenario. But fish can't trade, can they?!

Cable Update (GBPUSD)

Good morning guys Be careful, 10year Gilts suggest another big big drop for cable may be starting these days Protect your capital

Cable Update (GBPUSD)

I tried divergences years ago but they're not reliable enough for me so I have long given up on them and any other indicators. That's why, aside from the occasional channel or trend line, my charts are completely naked as you can see. My only ...

USD/JPY Discussion

I should add that, whilst the hourly chart started showing bullish signals late last week, and then was followed by bullish signals on the 4-hour charts, the daily chart has still only shown 1 bullish signal. I require at least two signals on the ...

USD/JPY Discussion

Hello! Well, after the sequence of bullish signals on the 4-Hour charts of which I posted here last Friday, when trading started in Asia last night, I bought USDJPY at the open. Waited for the first hour of trading to close, set my stop loss just ...

USD/JPY Discussion

Hello guys. Here's another trade I took last night, just before I went to bed and as the Asian session opened. I bought USD/JPY a few minutes after the open @ 106.64 anticipating a bullish breakout after May 6th, 7th and 8th gave us 3 bullish ...

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My AUD entry hasnt been triggered. However, AUD is beginning to decline tentatively and on the 1hour chart we have now bear trend signals. We also just had 2 bearish signals on the 4hour charts, which is indication that maybe the bears are beginning ...

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With a 4th bullish signal on the 4-hour charts and still a few hours left to the trading day, sure it can hit and exceed 107. 4 breaks of the high of a 4-hour candle within less than 2 trading days are not a weak signal. And if price breaks lower ...

USD/JPY Discussion

The 4-hour chart gave a 4rth bullish signal now, as price is approaching the declining trendline from April 6th high, for the 4rth time.

USD/JPY Discussion

Of course it could! The minimum target of the bullish set up has already been achieved or is very close to being achieved, depending on which 1-hour candle one had picked to enter. It's the yen, it's Friday and it's NFP day. Then again, big trends ...

USD/JPY Discussion

Do u believe? xD

USD/JPY Discussion

there are similar signs of a dollar bull in other pairs too. But is it all FAKE NEWS on an NFP Friday?

USD/JPY Discussion

Good morning all. Last night, during the Asian session, USD.JPY gave me a potential bullish trend signal on the 1-hour chart. (I was asleep of as Im based in London, but saw it after checking charts this morning). The 4-hour chart also gave me a ...

USD/JPY Discussion

Here is the bearish set up I mentioned earlier on the USD/CAD daily chart. However, it is in a bad position, with price now in the middle of a range formed in the past few days. I don't like entering longs or shorts in the middle of ranges. Also the ...

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At the moment I don't see any favourable gambles in terms of risk vs reward. The USD/CAD has triggered a sell set up on the daily chart, but it's been ranging for last few days plus the price is already too far for me to enter it now. But on the ...

Trading with Luke