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buy usd/jpy

petros72
May 02 2016 at 06:50
15 posts
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

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Josh999
May 03 2016 at 06:49
2 posts
musafir13
May 03 2016 at 10:31
5 posts
a proper martingale is not bad at all

musafir13
May 03 2016 at 10:31
5 posts
I mean well analysed without hurting your liquidity

petros72
May 03 2016 at 12:18
15 posts
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

rob559
May 03 2016 at 13:29
1916 posts
Josh999 posted:
martingale


no martingale there ,grid

Josh999
May 03 2016 at 14:51
2 posts
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.

petros72
May 04 2016 at 06:24
15 posts
my dear friend
i am not trading with 'IF' something will happen because there is a say 'IF you are afraid falling off the bike don't get on it' Lance Armstrong

csc2009
May 05 2016 at 22:45
834 posts
Usd/Jpy saidway trading around 107.50/00 zone ahead of Nonfarm Payrolls

dianajs
May 06 2016 at 13:56
823 posts
The Nonfarm payrolls didn't have much an effect, unfortunately. The sideays consolidation continues for now.

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