Comments on: The Yen- which way now? http://fxmadness.com/2009/12/02/general/the-yen-which-way-now/ This blog goes where few traders dare - the exciting world of Forex outside the dollar! Sun, 22 Apr 2012 16:22:11 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Daily Forex volume. | fxmadness.com http://fxmadness.com/2009/12/02/general/the-yen-which-way-now/comment-page-1/#comment-4506 Daily Forex volume. | fxmadness.com Wed, 09 Dec 2009 02:52:09 +0000 http://fxmadness.com/2009/12/02/general/the-yen-which-way-now/#comment-4506 [...] was not utilize. NZD-JPY is discussed, because that’s the pair I used last as an example for general Japanese Yen direction.  At that time, I was looking for another move down in JPY pairs, if certain situation took place. [...] [...] was not utilize. NZD-JPY is discussed, because that’s the pair I used last as an example for general Japanese Yen direction.  At that time, I was looking for another move down in JPY pairs, if certain situation took place. [...]

]]> By: admin http://fxmadness.com/2009/12/02/general/the-yen-which-way-now/comment-page-1/#comment-4454 admin Fri, 04 Dec 2009 06:21:17 +0000 http://fxmadness.com/2009/12/02/general/the-yen-which-way-now/#comment-4454 There was activity, just nothing explosive. My trade was initiated eralier, when I was sleeping, and then it just coasted to the target. Target was too small, but since were moving kind of slow, I didn't want to push it. There was activity, just nothing explosive. My trade was initiated eralier, when I was sleeping, and then it just coasted to the target. Target was too small, but since were moving kind of slow, I didn’t want to push it.

]]> By: Prudence http://fxmadness.com/2009/12/02/general/the-yen-which-way-now/comment-page-1/#comment-4451 Prudence Fri, 04 Dec 2009 06:03:06 +0000 http://fxmadness.com/2009/12/02/general/the-yen-which-way-now/#comment-4451 made 63 pips but at the expense of a few more. I think my whole confusion lay in the fact that I was focusing on the yen as a separate entity, having expectations, and that I forgot to think about the beast. Because I suspect that if you are in any trade with the pound, it will be affected by that pair/cross (I mix those up) Also I was confused about the lag time. I am used to seeing big activity at midnight our time. Something was screwy about the time, as I recall. I didn't know if that had to do with the Nikkei being closed or what. But there were some new variables I didn't get. Was it as simple as BoJ's meeting? I was shocked that you got 100 pips out of that chart (GBP/JPY) because at midnight it wasn't doing anything, if I remember correctly. The whole several days threw me. made 63 pips but at the expense of a few more. I think my whole confusion lay in the fact that I was focusing on the yen as a separate entity, having expectations, and that I forgot to think about the beast. Because I suspect that if you are in any trade with the pound, it will be affected by that pair/cross (I mix those up)

Also I was confused about the lag time. I am used to seeing big activity at midnight our time. Something was screwy about the time, as I recall. I didn’t know if that had to do with the Nikkei being closed or what. But there were some new variables I didn’t get. Was it as simple as BoJ’s meeting?

I was shocked that you got 100 pips out of that chart (GBP/JPY) because at midnight it wasn’t doing anything, if I remember correctly. The whole several days threw me.

]]> By: admin http://fxmadness.com/2009/12/02/general/the-yen-which-way-now/comment-page-1/#comment-4448 admin Thu, 03 Dec 2009 15:16:33 +0000 http://fxmadness.com/2009/12/02/general/the-yen-which-way-now/#comment-4448 So, how did you do? So, how did you do?

]]> By: Prudence http://fxmadness.com/2009/12/02/general/the-yen-which-way-now/comment-page-1/#comment-4447 Prudence Thu, 03 Dec 2009 13:31:50 +0000 http://fxmadness.com/2009/12/02/general/the-yen-which-way-now/#comment-4447 I KNEW that sucker was a sell. Go me! I KNEW that sucker was a sell. Go me!

]]> By: Prudence http://fxmadness.com/2009/12/02/general/the-yen-which-way-now/comment-page-1/#comment-4446 Prudence Thu, 03 Dec 2009 07:32:44 +0000 http://fxmadness.com/2009/12/02/general/the-yen-which-way-now/#comment-4446 Another bad night. My system is failing me or I am failing my system. I suspected I was not seeing the chart clearly but I was sure the pound was weak. I looked at GBP/CHF right as it started to move up and I pretended it was still moving lower, creating the picture I wanted to see. I did not see any other charts I liked so I settled and prematurely picked the wrong direction. One day I will be wise and wait. Another bad night. My system is failing me or I am failing my system. I suspected I was not seeing the chart clearly but I was sure the pound was weak. I looked at GBP/CHF right as it started to move up and I pretended it was still moving lower, creating the picture I wanted to see. I did not see any other charts I liked so I settled and prematurely picked the wrong direction. One day I will be wise and wait.

]]> By: Twitter Trackbacks for The Yen- which way now? | fxmadness.com [fxmadness.com] on Topsy.com http://fxmadness.com/2009/12/02/general/the-yen-which-way-now/comment-page-1/#comment-4445 Twitter Trackbacks for The Yen- which way now? | fxmadness.com [fxmadness.com] on Topsy.com Thu, 03 Dec 2009 06:25:33 +0000 http://fxmadness.com/2009/12/02/general/the-yen-which-way-now/#comment-4445 [...] The Yen- which way now? | fxmadness.com fxmadness.com/2009/12/02/general/the-yen-which-way-now – view page – cached Few days ago I brought up a subject of Japanese financial officials changing their view about the Yen. Indeed, that's what happened, and more. Bank of Japan [...] [...] The Yen- which way now? | fxmadness.com fxmadness.com/2009/12/02/general/the-yen-which-way-now – view page – cached Few days ago I brought up a subject of Japanese financial officials changing their view about the Yen. Indeed, that’s what happened, and more. Bank of Japan [...]

]]> By: admin http://fxmadness.com/2009/12/02/general/the-yen-which-way-now/comment-page-1/#comment-4444 admin Thu, 03 Dec 2009 05:06:12 +0000 http://fxmadness.com/2009/12/02/general/the-yen-which-way-now/#comment-4444 Well, hourly up trends are already somewhat overdone, as meassured by number of swings. You could try trading breakouts, or pull backs, but at this stage odds are not that great. I'm more selective, don't take every conceivable trade. But good luck if you do. Well, hourly up trends are already somewhat overdone, as meassured by number of swings. You could try trading breakouts, or pull backs, but at this stage odds are not that great. I’m more selective, don’t take every conceivable trade. But good luck if you do.

]]> By: Michelle http://fxmadness.com/2009/12/02/general/the-yen-which-way-now/comment-page-1/#comment-4443 Michelle Thu, 03 Dec 2009 04:59:47 +0000 http://fxmadness.com/2009/12/02/general/the-yen-which-way-now/#comment-4443 Nothing on hourly then, something you could update on? Nothing on hourly then, something you could update on?

]]> By: admin http://fxmadness.com/2009/12/02/general/the-yen-which-way-now/comment-page-1/#comment-4442 admin Thu, 03 Dec 2009 04:35:40 +0000 http://fxmadness.com/2009/12/02/general/the-yen-which-way-now/#comment-4442 Right now I don't see buy signals in Yen pairs on the time frames I follow in the blog. At least not of the type I'm looking for. Waiting pattern, I guess, except for small time frames. Right now I don’t see buy signals in Yen pairs on the time frames I follow in the blog. At least not of the type I’m looking for. Waiting pattern, I guess, except for small time frames.

]]>