buy usd/jpy
May 02, 2016 at 06:50
the trading idea behind my positions buying usd/jpy is only one:
NEVER TRUST BOJ
i start buying usd/jpy at 111.00, 109.82, 107.80 and i will continue buying now at 106.50, and 105.20
many of you will not agree with me, especially if you are the same traders who were selling eur/usd targeting parity, well this time i wish you good luck if you are targeting 0.96
NEVER TRUST BOJ
i start buying usd/jpy at 111.00, 109.82, 107.80 and i will continue buying now at 106.50, and 105.20
many of you will not agree with me, especially if you are the same traders who were selling eur/usd targeting parity, well this time i wish you good luck if you are targeting 0.96
Attachments:
May 03, 2016 at 12:18
hello people
we all know why is existing the 'MARKET', because there are people who want to buy and people who want to sell
i don't blame you calling me 'martingale' they call me before like this when i was buying usd/jpy at the same levels they call me again like this when i was buying eur/usd at 1.08 1.06 1.05
the result is only one i closed all trades with profit every time because am patient. and most of all because i don't trade one lot with 1000 capital. if you know how dip is your pocket and you trade accordingly without risk then the result is only one'PROFIT'
i will call gambler someone who is willing to become rich with 1000 starting capital and he trade lots after lots that one will have only one result LOSS
we all know why is existing the 'MARKET', because there are people who want to buy and people who want to sell
i don't blame you calling me 'martingale' they call me before like this when i was buying usd/jpy at the same levels they call me again like this when i was buying eur/usd at 1.08 1.06 1.05
the result is only one i closed all trades with profit every time because am patient. and most of all because i don't trade one lot with 1000 capital. if you know how dip is your pocket and you trade accordingly without risk then the result is only one'PROFIT'
i will call gambler someone who is willing to become rich with 1000 starting capital and he trade lots after lots that one will have only one result LOSS
forex_trader_29148
Member Since Feb 11, 2011
1916 posts
May 03, 2016 at 13:29
Josh999 posted:
martingale
no martingale there ,grid
May 03, 2016 at 14:51
martingale is an all out bad strategy.. instead of going with the flow and making profits, your set on one outcome of the market. what happens if a terrorist drops a bomb tomorrow? your jpy going to drop down below parity and gold is going to go through the roof. and martingale is a strategy that can make you profits, but why put all that risk into one trade, say your following proper risk management and your only risking 1-2% of your capital in each trade, your talking 4-8% already, and if it tanks your out almost 10% of your capital because your set on the market moving one direction. to each his own. but i would never trust a martingale strategy.
Member Since Oct 02, 2014
909 posts
May 07, 2016 at 19:18
Bought at lowest low so far.
Positivity
Member Since Dec 11, 2015
1487 posts
May 20, 2016 at 08:44
It's still not too late to buy, since the pair will likely continue rising towards 112.00.
Member Since Oct 02, 2014
909 posts
May 30, 2016 at 14:04
Good news today that may decide the pair's direction.
Positivity
Member Since Mar 28, 2016
93 posts
Jun 13, 2016 at 06:38
The USDJPY attempted to push higher last week topped at 107.90 but whipsawed to the downside, closed lower at 106.90 and hit 106.06 earlier today. The bias is bearish in nearest term testing 106.00 – 105.50 area which is a good place to buy with a tight stop loss. Immediate resistance is seen around 106.85. A clear break above that area could lead price to neutral zone in nearest term testing 107.25 or higher.
