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02-13-2009, 08:49 AM
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Join Date: Jan 2008
Posts: 635
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Quote:
Originally Posted by justy10125
An update on EUR/JPY as well. First target hit, stop moved to breakeven. +200 pips so far.
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Nice work, more drinks tonight , on you!!!
Tell me what do you see for cable now?? Has the table has turned for cable.
Thanks
Ray |
02-13-2009, 08:59 AM
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Join Date: Jan 2008
Posts: 1,145
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Quote:
Originally Posted by justy10125
Hey Guys,
Here are the results of the GBP/USD trade from yesterday. Both targets reached. +110 and +190 pips.
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yep, justy, well done, congratulations! |
02-13-2009, 09:04 AM
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Join Date: Jan 2008
Posts: 623
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Ahhh, proof that even a blind pig can find a truffle...,
Yesterday...,
Today..., I'm long on the bounce @.885 with stops already at B/E. Targets @ .9138 and .9335
Last edited by Grin; 02-13-2009 at 09:09 AM..
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02-13-2009, 09:14 AM
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Join Date: Apr 2008
Posts: 1,227
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Quote:
Originally Posted by justy10125
Hey Guys,
Here are the results of the GBP/USD trade from yesterday. Both targets reached. +110 and +190 pips.
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its nice to see clear charts like these and yes you are kickin butt  |
02-13-2009, 09:17 AM
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Join Date: Dec 2007
Posts: 1,625
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Quote:
Originally Posted by WhatCount
Nice work, more drinks tonight , on you!!!
Tell me what do you see for cable now?? Has the table has turned for cable.
Thanks
Ray
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Based on this five-wave decline, there is at least one more decline coming.
Bigger picture, I still think the rally off the 1.35 low is in three waves. At this point, that could be both bullish and bearish. Bullish if it's a diagonal and bearish in all other scenarios.
I think the best bet is to set up for trading this next decline down to about 1.39 or so, and then look at it again next week. |
02-13-2009, 09:31 AM
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Join Date: Jan 2009
Posts: 118
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GbpJpy Update
Quote:
Originally Posted by kasiel77
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Yesterday
Today Nice Count reached 2nd target
From 127.965 to 133.500 nice 553 pips, the first time that GbpJpy don't put a knife in my back jajajaja, now to prepare for the weekend .
Last edited by kasiel77; 02-13-2009 at 09:37 AM..
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02-13-2009, 09:38 AM
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Join Date: Jan 2008
Posts: 623
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Quote:
Originally Posted by brad_1199
We've got a beautiful short opportunity setting up in GBPCHF.... Check out these 8 Hour Charts.. Longer term this pair is in a wild down trend and it's far from over... On the shorter term we've got a completed ABC pattern... I'm looking for a rally here to get short targeting new multi-year lows |
Here we go, Brad..., thanks  |
02-13-2009, 09:49 AM
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Join Date: Jan 2008
Posts: 623
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Does anyone else have this count? USDJPY, 4 hr.
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02-13-2009, 10:02 AM
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Member
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Join Date: Jan 2008
Posts: 635
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Quote:
Originally Posted by Grin
Does anyone else have this count? USDJPY, 4 hr.
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Hi Grin, yes stops should be placed just above the 9250 level
Ray |
02-13-2009, 10:12 AM
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Join Date: Jan 2008
Posts: 623
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Many thanks, Ray |
02-13-2009, 10:30 AM
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Join Date: Apr 2008
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Justy - Which chart
Hi Justy,
I am wondering what chart do you use?
I am using FXCM Marketscope for live data, which is free, but not sufficient for me as the chart's time frame is limited (no 4 hours or 8 hours chart), and some functions such as Elliot Wave retracement and extension are not too nice.
I also have Dynamic Trader which is a very nice chart package, but the data I can have is EOD, not real.
Thanks.
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02-13-2009, 10:46 AM
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Member
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Join Date: Dec 2007
Posts: 1,625
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Quote:
Originally Posted by cmellon
Hi Justy,
I am wondering what chart do you use?
I am using FXCM Marketscope for live data, which is free, but not sufficient for me as the chart's time frame is limited (no 4 hours or 8 hours chart), and some functions such as Elliot Wave retracement and extension are not too nice.
I also have Dynamic Trader which is a very nice chart package, but the data I can have is EOD, not real.
Thanks.
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It's just the free charting platform from FX Solutions. |
02-13-2009, 10:48 AM
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Member
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Join Date: Oct 2008
Posts: 1,390
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Broker
Quote:
Originally Posted by justy10125
It's just the free charting platform from FX Solutions.
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How do you find them as a broker? |
02-13-2009, 10:56 AM
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Member
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Join Date: Dec 2007
Posts: 1,625
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Quote:
Originally Posted by apipintime
How do you find them as a broker?
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I've tried FXCM and forex.com before and I like FX Solutions the best. They don't do that stupid fractional pricing thing, and the price on the chart matches the dealing rates. One of the other brokers I used had their dealing rates and then used a third party charting service so the dealing rates and charted price never matched up. |
02-13-2009, 11:01 AM
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Member
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Join Date: Jan 2009
Posts: 118
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Quote:
Originally Posted by cmellon
Hi Justy,
I am wondering what chart do you use?
I am using FXCM Marketscope for live data, which is free, but not sufficient for me as the chart's time frame is limited (no 4 hours or 8 hours chart), and some functions such as Elliot Wave retracement and extension are not too nice.
I also have Dynamic Trader which is a very nice chart package, but the data I can have is EOD, not real.
Thanks.
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cmellon for the times you can put h2, h4, h6, h8 in the time combo box. |
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