%% Good SunTrader;because IBD is much better than WSJ, CNBC.I dont fault foggy charts-WSJ for trying to save a few cents with black charts/ black volume. i do fault WSJ for calling trading/investi9ng ''gambling'' LOL-LOLBut before expensive color took over charts, IBD did black + gray price- volume,2008......................................................
%% I also use a form of one of the ''10 commandments of trading'' For obvious reasons i dont want to note the exact number, nor do i daytrade@ present time. Commandment number 9 After 3 loses in a row take a big break-LBJ[aka Lewis J BorSellino, went from Pit to PC] Not only ,do i not want to disclose my exact number on that rule of mine ; if someone has a low %% hit/win rate, they should maybe should NOT even have a rule like this. Most of my misses are trend change-support resistance changes which is why i have a rule somewhat like that....................................................................................
%% LOL- that could work I use 8X11+/ and write it slowly, but accurate.Business envelopeS w0rk well; but wait until the US post office gives them to you , free
For the last couple of years I’ve had a system for buying and selling foreign currency pairs online that generates about 5 to 10 pips profit per trade with better than 80% accuracy, but have been unable to “crack the code” for making 10 to 30 pips per trade while still maintaining the same success rate. However, I’d like to think I might be on to something in light of a couple of possible insights stemming from the last day of trading. If my observations have any validity, AUDJPY should be just about ideally positioned for the entrance of a long position with the promise of more than just a handful of pips. If it works, I might have a nuanced approach to identifying key price levels to trade. If not, I’ll try it a couple of more times just to make sure the idea truly is a bust.
GBPUSD ran into and was rejected by resistance at this level yesterday. Looks like it could happen again today.
No, buy only! If USDJPY falls from 113.83 it means that the analysis of market conditions was invalid, which points to a lack of understanding as to what is going on, which is more than enough reason not to take any action at all.
Ye first touch of that level was the sell... not the second touch. I am not trading USDJPY. Just started watching it recently.