You are most welcome and I look forward to collecting my profits at 109.77

USD/JPY Discussion

Well... There was the launch up to the area "begging to be tested". Time for me to enter short again here at 112.43 (initial entry at 110.93 still in) Target 109.77. ..Should add that I'm not so much a quick hit and run trader as someone who builds ...

USD/JPY Discussion

Tend to agree. Am building a short position position to target 109.77 - which if met..I'll take profits and run. There is still a gap to fill on my charts much lower but I'm not targeting that just yet. There is still the area above begging to be ...

USD/JPY Discussion

The upward trend will retrace to 109.77 (please refer to chart I posted yesterday). As of now USD JPY is still ensconced in its upward channel in the mid timeframes attempting a break up as I type

USD/JPY Discussion

Pyramiding into moves is extremely effective - key to this success is both in the timing and position sizing. Here is a link to almost every trading book out there and many have detailed money management techniques for this: url ..Free downloads ...

Cable Update (GBPUSD)

Interesting..The area where your stop is placed is where I alluded to earlier regarding the zone I see this heading into "its begging to be tested".. but I guess we are trading the same bias from a slightly different perspective.

USD/JPY Discussion

Yeah UJ and EU identical scenario right now - so I've gone with UJ for the time being. Mind these end of year moves can run hard before reverting - seen it many times before.

USD/JPY Discussion

Each to their own...Whatever works eh? You still on Cable? I left that after the 1.2620 target was hit. UJ and EU more compelling for me right now

USD/JPY Discussion

Thanks but I leave the 5/15 min timeframes to the young guns Added: ....For me the 60 min timeframe is the fast timeframe

USD/JPY Discussion

Fair point Al, the trend is clearly up and the 60 minute chart attached shows where price is sitting in the upper area of the upward channel. That said..I'll take on the counter trend trades into liquidity zones if there is sufficient profit ...

USD/JPY Discussion

That liquidity zone you've highlighted needs re-visiting Dano and we'll get there but the buyers might not be done just yet so I'm phasing and scaling in. There is a zone above us that is begging to be tested yet..

USD/JPY Discussion

A strong move up off 100.00 and time for me to initiate a short trade - 1st entry short at 110.92 and targeting 109.77. I often scale into move, so new highs on this pair will warrant consideration for further short entries my end.

USD/JPY Discussion

...and FXClarity sits back in his chair in the quiet of his trading room reflecting on some of the sarcasm directed towards him when he merely tried to help in here by showing weeks ago that price was headed to 1.2620. ...supporting this with charts ...

Cable Update (GBPUSD)

Nothing at all wrong with that and all counts as valuable experience in every traders development. Observing whilst flat allows greater objectivity for most of us.

Cable Update (GBPUSD)

Yeah, its all just gone very sloppy though hasn't it...If you were short you'd probably stay short and if long probably stay Long..Right now is a bit no mans land (imo). The elections effect has all been a bit pedestrian really...After Brexit and ...

Cable Update (GBPUSD)

You are welcome. Respectfully Yuddy I am responsible for both directly and indirectly managing client funds and as a trader clients pay for this so I'm not going to throw up all my trades for free in here. I like to pop in to ForexFactory to ...

Cable Update (GBPUSD)

LOL - Yes but I'm a sick bugger who trades off exhaustion (or perceived exhaustion) zones.

Cable Update (GBPUSD)

Well. I know how I'm trading it but if you don't see it as I do (Entry levels and targets etc.) then its not advisable for you to take a trade based on my analysis. On a separate note...Good call on the gravity fall after the GAP fill on Cable

Cable Update (GBPUSD)

if you are ready for a break on Cable check out NZD CAD 60...that ones lining up a treat Im outta here...trade well Bones, you are a legend

Cable Update (GBPUSD)

Thank God you've arrived, I was beginning to wonder if I was the only one seeing this target from weeks ago...I've gone on about it enough

Cable Update (GBPUSD)