Snb uncapping swiss franc was nightmare for many !FBI wrote: Sat Jul 21, 2018 1:25 am
Okey, my worst experience in FX World was with Swiss Bank, they were real criminals.
No I was many years before that, they had a MT4 and they did really use that Broker MT4 plugin. Freezing platform, 500 pips spikes and all other stuff, they did really use that plugin.
OK. Nice to see you elaborating further.FBI wrote: Sat Jul 21, 2018 2:05 am So that yen-mirror shows daily (1440 minuites) trend for all these pairs, when they are above the price, it is down and vice versa, and when down and under bfg, yellow indi, then signals from that stoch, could add there where cadjpy makes turn in usdjpy price.
Risk tolerance is different for all people, so it is really up to trader how to exit. Me personally, I am usually happy 30-50 pips and sometimes riding longer, but I am very familiar with this YEN-MIRROR, I made it from another indicator like long time ago, so I can even sometimes take counter trend trades, because I know what these MA`s do, but anyways, and if you want longer YEN trend like weekly, put 1440 in M5 and there you have it.
USDJPYM1.png
Liquidity is the key to protect against black swan event, though brokers now a days are more regulated then before.FBI wrote: Sat Jul 21, 2018 2:16 am
No I was many years before that, they had a MT4 and they did really use that Broker MT4 plugin. Freezing platform, 500 pips spikes and all other stuff, they did really use that plugin.
Yes, it reflects nicely points of strength emerging.
Yes, I remember when I saw some daily charts about yen pairs with MA´s, and they did move in harmony, that was beautiful, so I thought something like: "Can I have better confirmation to my trades than 6 pairs together are giving" something like that and answer was: NOrijay wrote: Sat Jul 21, 2018 2:50 am
Yes, it reflects nicely points of strength emerging.
Usually it is USD that determines the moves in other pair.
Why you chose yen to reflect changes in each pairs, is there as any specific reason for that?
When all pairs together gives direction that is what shows the direction rightly,FBI wrote: Sat Jul 21, 2018 2:58 am
Yes, I remember when I saw some daily charts about yen pairs with MA´s, and they did move in harmony, that was beautiful, so I thought something like: "Can I have better confirmation to my trades than 6 pairs together are giving" something like that and answer was: NO