Charts I — but first a comment about "indicators", a lot of "pro" here in FF will tell you that indicators are useless, bla bla. I think they are exactly like the traders....95% are losers...5% are winners... I tested over 3000 indicators all ...

2 Weeks Trading Experience

Yes!! More money cashed — It was funny, a few minutes after I posted here I entered long aud/jpy and cashed + 75 pips x 2 this morning. My bias is still long, but I was not playing long term, and mu charts were screaming to me: take ...

2 Weeks Trading Experience

keeping an eye in aud/jpy — if break yesterday high. Pepe

2 Weeks Trading Experience

No new trades — I suspect this Friday could be complicated...I am doing very well for the month, so I will stay flat, at least for awhile. Trade safe. Pepe

2 Weeks Trading Experience

See my post 18 hous ago — Levels to watch in gbp/jpy: 133.0 and 132.14!! if you entered in 133.0 you had an easy ride of + 100 pips with no heat!!! I myself took just +50 pips because I went out to town, and living gbp/jpy with just 50 pips ...

2 Weeks Trading Experience

Received this from email in a non trading matter, but I found it very interesting to be applied to trade forex!! Unconscious incompetence-this is the stage where you don't know that you don't know; Conscious incompetence- this is the stage that you ...

2 Weeks Trading Experience

gbp/jpy potential entry levels — 133.00 round number and intermediate atr up line 132.14 pivot and ma 35 off course in nano second BOJ could sell another billion/s and send yen 100 pips up in no time, but since they refuse to answer my calls ...

2 Weeks Trading Experience

closed 133.80 — first time after the up move I have some signals of potential retrace. Will consider to re enter after some retrace, even in other yen pairs. If no retrace, +340 Pips. I cant complain. Pepe

2 Weeks Trading Experience

gbp/jpy 134! — What a day, some will never forget (party time here) other will never forget but because they were in the wrong side of these bullet trains, or had not knowledge (and/or guts) to go into this easy train. Now, I myself have to ...

2 Weeks Trading Experience

gbp/jpy 133! — and that could be nothing in the medium term. Don't tell I didn't share Well, as we used to say in my country, the evil knows because is an evil, but he knows more because is old! LOL Pepe

2 Weeks Trading Experience

Rule Number 3 — Is rule number 1 of TRADING IN THE ZONE, by Mark Douglas (recommended Lecture and re-lecture!) 1) Anything can happen 2) You don't need to know what is going to happen next in order to make money. 3) There is a random ...

2 Weeks Trading Experience

Latest News — ForexLive.com 6 min ago: Japan will intervene in forex during New York hours if needed – Kyodo citing MOF official By Gerry Davies || September 15, 2010 at 10:50 GMT Posted by me elsewhere in FF before reading that news above: Do ...

2 Weeks Trading Experience

Do not short any yen pair — if you cant resist the temptation, just close your charts and go play with your kid or your dog, or go fishing. If you stay and short, you could be fishing falling knifes. This is serious BOJ intervention, and ...

USD/JPY Discussion

I am long gbp/jpy — since 130.40 not a system trade, but another experience trade. I cant miss this party with geishas ans sake!!! The entry is not a system trade at all, but see my post nr 48.... gbp/jpy can move 500/600 pips or more in a ...

2 Weeks Trading Experience

Looks like — I did well (very well?) taking my gbp/jpy profits down there. Still not trading, market today was even more insane than usual, with eur moving as if wanted to be gbp/jpy LOL, all in fake and dirty speculations of Goldman Sachs f. ...

2 Weeks Trading Experience

I won again! — As Oscar Wilde wrote, "experience is the name everyone gives to their mistakes" but some people never learn from their experience and that is one of the main differences between a wannabe trader and someone making it. My patient ...

2 Weeks Trading Experience

no new trades — gbp/jpy rebounded after my last post and I am still holding my second position short*, with stop loss smaller than the profit on the target 1, so in worst case scenery I still will have an overall small gain. * normally I close ...

2 Weeks Trading Experience

Trade good as expected — GBP/JPY dropped 130 pips from open, and around 100 since I have time to post my comments in the forum. Looks like gbp yesterday made a classic fake break out on the daily chart, just to gave the sharks a better entry. ...

2 Weeks Trading Experience

too busy to post! — But looks like gbp/jpy short could be interesting for today if the highs are respected, as yen remains strong and gbp stopped its yesterday retrace. Be careful at the lows! Pepe

2 Weeks Trading Experience

Thanks Ale. Looks like cad/jpy is reversing due to news, unfortunately it didn't reached my target and I was not at the trade station to take profits lower so i will allow it to be stopped at break even.... or not. Lets see. Worst was gbp/jpy that ...

2 Weeks Trading Experience