Just pointing out the obvious

USD/JPY Discussion

If you wanted to get short at 106.00, you would have had to have done it at least an hour ago plus. The last time I had a bar in the 106 range was almost two hours ago.

USD/JPY Discussion

I always thought the trade discussions on this thread were really good. There are more than a few good traders here, that's obvious. I didn't think ego-stroking and attempting to impress people was a trade strategy. I must be getting too damned old ...

USD/JPY Discussion

I was wondering when this was coming.

USD/JPY Discussion

Certainly bold, hope it works out for you.

USD/JPY Discussion

Actually, 107.12, the last retest of the prior high would be my GUESS. But the real question right now is where does the train leave the station from. As Neal would point out. There's 4 levels under price, right now, that are prime stop setting ...

USD/JPY Discussion

I can see both sides getting zippered in the current setup, typical big news price action. Just that sometimes it's easier to see a direction. Today not so much.

EURUSD only

fake out heaven for the market maker until 1:00 - 1:30 pm

USD/JPY Discussion

People often forget that, out of a market and waiting, is a position too!!

USD/JPY Discussion

Which could result in a run at the lows which would be the "b" wave. Followed by a "c" wave which could be equal to the "a" wave. If I know my Elliott.

USD/JPY Discussion

Tell him hello for me. I'm working on a 20 trade test of 4th pivots. Results are positive so far.

USD/JPY Discussion

Almost perfectly symmetric retests.

USD/JPY Discussion

So are you still hanging out in Shane's class?

USD/JPY Discussion

Now does the previous pivot at 105.75 hold or get beat like a rented mule.

USD/JPY Discussion

Winston, those 3 minute charts are really busy. I still like the 20's. If you adjust your lines down to the next pivot the last high hit to the tick!

USD/JPY Discussion

Pivot, not pivot points, but pivots like Wyckoff, Elliott or Anderson would talk about. You know a "turn" in the market. Then you need a hand with all its fingers and a thumb to count to 5. If you investigate Andrews (median lines) you'll find he ...

USD/JPY Discussion

Fourth pivots.

USD/JPY Discussion

I'm curious, which line matters on that chart?

USD/JPY Discussion

They couldn't do any of it without the Fed and the printing presses. Just who would you have elected of the two turds we had to choose from?

USD/JPY Discussion

I agree with MrPresident, there's one more bump higher before heading south

USD/JPY Discussion