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Well since he started talking about a dollar collapse in 2007 the dollar index is about flat. I don't think these are very impressive returns over 3-4 years during a hugely volatile period when great fortunes have been made and lost..

I have said this before but here goes again. These huge macroeconomic power shifts usually take a long long time to pan out (decades). You have been saying for years now on this board that the dollar is 'just about to collapse' etc. Give up the sensationalist posting and think about...

Just out of interest what are the criteria required to not appear on the list?

Yen has taken out ot all time high as planned. There is no guarantee that it will just turn on a dime here and go straight down, but this is now a good spot to start initiating a short with small size. If there is a large scale yen selloff over the next couple of years there will likely be...

This is not good advice. If you have an 80% win rate you do not need an R of 2 to make good money. My win rate is 70-80% and my R is usually somewhere around 1. I know a couple of traders who trade similar to me who have an even higher win rate (90%+) but a very poor risk reward (R= 0.5)...

What's the status on the new power line? Hopefully they can get something sorted soon and get this under control.

I don't think so. The market wanted to trade below those huge all time lows to test the area, hitting stops etc. Now usd/jpy is free to rally if it wants to- and it could be a very very hard rally. This sets up a great risk/reward trade for a long here. We could have a similar 'irrational'...

Probably a fair point, but not the best examples.

Great post. Trading is a long, arduous journey and most do not survive to make it to the end. You will have problems and make mistakes throughout your career- it never just suddenly gets easy, in fact it usually gets harder as your betting sizes (and so your equity swings) get larger and...

Well cyborg unfortunately what you were afraid of appears to be unfolding as we speak. I notice all the nuclear genuises that were abusing you a couple of days ago are nowhere to be seen now. What a suprise. Probably the same forum idiots that laughed at people who posted about the...

Hello

This whole situation does feel like it is being downplayed. Remember the banking problems and how long it took for them to be properly priced into the markets? Remember the S&P actually rallied initially for a few months to touch a new all time high before starting its descent. Personally...

Once the yen goes to new all time highs again, then you can look to short it for fundamental reasons. Until then sit tight or you could get squeezed very hard..

I still believe that whatever happens now this is the catalyst that will take usd/jpy to properly test the all time lows from 1995. Once that low has been taken out hard, the market will be free to sell off the yen big time (usd/jpy goes up). First it has got to take out all the weak hands...

Great call.. where is your target?

One of my students has been a member of this site for the last 2 years or so and said they have about a 90% win rate, but they have lots of small 6 tick winners and then a blowout huge 100 tick loser that gives back all the profits and more. So overall its not a profitable system. Its logical...

Swing trading and level bounces off Daily, 4hr, 1hr chart levels. Holding time is usually anywhere from a few hours to a few days. I also filter the levels according to certain non-technical, non-fundamental criteria.

Don't focus too much on the money and exactly how close you are to achieving your 2M goal, but stick to managing each trade as best as you can and you'll do better. Good luck!

In the long run we all know where the metals are most likely headed, but this article could have put in a short term top..

Maybe this is going to finally create a blow off top in the yen..