Use bigger TFs like 4h and daily - simple stochastics can point continuation trend or reversal is coming. Intraday use 1h. N keep a close watch at support/resistance levels. My style is to trade against a stretched(not over-stretched) rubber-band. ...

Malaysia

If that's what it's all about, doesn't it make forex trading a mere gamble - not much different from the casino What happened to the 'mathematical edge' which supposedly gives us the winning advantage in our trades ?

USD/JPY Discussion

Friday afternoon will not see anything beyond 99.79. That resistance level should remain firm for a few weeks to come.

USD/JPY Discussion

uj is in a bearish phase today

USD/JPY Discussion

98.4 is a good sl for a short entry.

USD/JPY Discussion

For any bullish run up to 105, uj must first tackle the immediate resistance of 98.7, 99.0 and 99.6. Doesn't look like it's doing that for the moment, so another test on the downside may be possible when the dollar crosses starts to tests the top ...

USD/JPY Discussion

All of the yen crosses are bullish for a while now n dollar has a bearish undertone, so uj is subdued n intraday down is not likely.

USD/JPY Discussion

stop out both my uj/ej attempt but that's for free anyway

USD/JPY Discussion

went in to short with a very tight stop. edit: moved my stop to be, hoping for a sell down.

USD/JPY Discussion

Exactly. Most traders are asking this 2 questions - 1a. Is this the right moment to short or 1b will go up a little higher to 98.25-40 to short? 2. Is this the turning point for an upside movement ? If you're looking to short, stylinex has just ...

USD/JPY Discussion

That's basically the way I trade. There're actually about 2-5 safe bets per week which gives 100 to 200 pips movement, depending on the week how the movements develop. Definition of safe bets : less than 35 pips sl. So risk/reward ratio is 35/100 or ...

USD/JPY Discussion

not surprise if we're going to see 97.5

USD/JPY Discussion

Fully agree! Watch the data for correct timing. US market or jap open will reveal the buy chance.

USD/JPY Discussion

short ej right at jap open 133.75. moments ago too profit uj 98.43 and ej 133.35. will be looking for another entry point.

USD/JPY Discussion

short 98.83 sl 99.15 tp tbd

USD/JPY Discussion

those who plan to short this is your moment. those who hold longs start praying.

USD/JPY Discussion

this is 50/50 man !?

USD/JPY Discussion

The big boys who short at 98.5 earlier will come in to add on to their position.

USD/JPY Discussion

ist round to the bulls took out the short stops at 98.8 region. what next ?

USD/JPY Discussion

The Senate was scheduled to meet at noon (1600 GMT) on Wednesday, and the House at 10:00 a.m. (1400 GMT). All eyes on the news wire now, it's going to be a long 12 hrs till midnight. If this latest senate initiative is filibustered, then it's done ...

USD/JPY Discussion