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Congrats pennies on the Asst. mod position!
Thanks pennies and stargate. WOW just got up and UJ nice!
Hey Pennies,
Can you send me the link for your pivot points? My pivots are not really close they are like 20 or more off.
Live2Trade
Right on! Let's get'er done! LOL!!! I'm buckled up and ready for take off lol!
I joined you pennies - small unit buy to try her out! lol GO BIG!! lol
I just noticed something pennies, we just checked the 21 EMA again and crossed over it, if we can hold here we should be going up.
Right on - Well if its anything like stocks when news is getting close they will push the price until the last minute, maybe we might see something to that effect here. Oh yea, I'm digging out my pom pom's from the attic now. I'll be right back lol.
So I live on in AZ pennies, when should the news be coming out on these interest rates - I am not good with timezones.
I don't know where I read it at, but somebody made mention in an article that Japan would be watching to make sure that the value stayed fair and intervene when necessary. I am not sure on the news, I try to technical trade as much as possible, I will trade my way back if necessary.
Man I can't believe the UJ what is the problem?
Pennies, I have the next pivot after this one at around 89.10 does that sound right?
thanks pennies great info!
pennies can you explain the BOE info that we are looking for and what the affects can be?
USD just made a real nice long hammer on the 30 min.
Hey Congrats -- I got out earlier but happy with profits! Good job!
pennies,
Do you know of a site that I can get MT4 as a demo where I can put up the EMA, envelopes, and Pivot Points? I downloaded one tonight but it did not have the pivot points on it. That video was insane. I really want to get it started. thanks for the help.
LOL great timing - Thanks so much!
Pennies where is the video that you are talking about, I would like to watch it if possible?
Man that's sick - incredible system! Thanks so much!
Hey Thanks pennies, I am going to check this out and I will get back with you. Thanks again.
Live2Trade!
Very sweet! Are you using that chart that was posted today pennies? Or are you setting your own pivot points?
Thanks pennies, I wish I would have had someone tell me that when I first started trading it could have saved me a bundle LOL - The price of an education lol!
congrats pennnies - I had a stop order in at .92 and it took me out, I kept thinking I should have got out higher but I wanted to see if the 88.95 would have held. Ole well profit is profit! Score one for the good guys lol. Watching for another entry during the night!
Live2Trade!
LOL right on! I am still learning the forex but I hope that I have found the right formula. It is working so far!
Live2Trade!
I am just trading it on the way. I like to buy small lots along the way so that you can consistently be making profit. It doesn't always happen but I have learned through time
to lower my risk and use better money management along the way.
I got in low and taking profits along the way so yea it is lol!! SAWEET keep running. I want to see 90 as well!!
U/J NICE KABOOM!
U/J WAKING UP!
Agreed - For the record I am holding UJ and will buy even if it continues down trading the ranges because I think that when this thing does turn around it will run hard. I told one guy about Citigroup at 2.5 and he said you gotta be kidding me everybody hates it, its a dog. I pounded the table to him and then he bought it and it took off.
When people hate it you buy it, I don't have a crystal ball but I know that when people see a good deal they usually jump on it, and right now UJ is hitting in the all time low area. This thing hasn't been this low since 1996. Enjoy the ride longs and I hope you the best everyone no matter what side your on!
Live2Trade!
Simple,
I am new to your board and appreciate all the information that everyone has been giving here. I have been trading for about 10 years - mostly with big boards and pennies.
Just to share something - take it with a grain of salt.
It is not always the perfect way but it does help reset your mind frame if you are in a losing trade.
Example you buy USD/JPY at 89.00 (2 units to make it easy)
It goes down 30 pips you buy 2 more units at 88.70 to try and get it leveled out hoping the best but then UGH! it goes down 30 more pips 88.40. I know this is small change but to show you one trading angle, buy 2 more units at 88.40 and pretend like you are starting fresh, as the trade goes back up trade those shares say for 10 or 15 pips, wait for the pullback if there is one and then use those 2 pips to buy in again and work your way back out of the hole. You would be amazed at how you can overcome a deficit and you lose the fear factor in trading. This is a small example to show the illustration. I have been down before big money and worked my way out using that technique. I missed what I thought was the entry so I made my buys again and again. It keeps you from having a fearful trading psychology. You have to be positive. XBigShot is an oldtimer on ihub and taught me to buy in small lot sizes and then when I do get the bottom load up and ride it up taking profits along the way. Just thought I would share that if there are some new people in here trading. I hope you all the best and thanks for your help in entry points everyone. I look at your posts. Sorry for the long message but I hope that it can help someone!
Live2Trade!
Right on - I want to take it slow so that I can keep losses at a minimal and make good on the winning trades.
hey thanks - I wanted to make sure that I stayed clear of any bad decision moves.
Pennies which pair are you watching if tomorrows numbers on the non farm are bad? just learning and watching. Any help appreciated.
Out 1st trade at 91.13 on U/J
Shorting UJ at 91.16 for a quick scalp.
EJ looks to be in a channel over the last several months.
Strong - the other thing to look at here is that if you look back across the history of USD/JPY, the last time it hit this low was back in 1995. This is going to be a great run - looking at entry points right now. Great post Strongtower!
Live2trade!
Thanks pennies I posted the other day that UJ would test that 90.20 area again but I didn't know it would be that quick. I think git picked up some with you too. Great pick up!!!!
"Life's the hardest teacher, you get the test first and the lesson latter!"
Live2trade!
LOL - I heard that - I have had a great day with it, I believe you though, it looks to crazy here for me. Well git I'm going to get some shut eye. I'll talk to you in the am. Let me know how you do tonight. Take care!
Live2trade!
out at 90.64 no nerves this late at night lol.