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11-12-2009, 08:28 AM #6691  Originally Posted by cool_fx There US employment news coming out today. its not high profile. but as you know some oppurtunistic heavy traders make anything big if it helps them. so you never know.
This could be one of those moments...Long order set at 149.40, target 149.80.
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11-12-2009, 08:47 AM #6692  Originally Posted by skydiver This could be one of those moments...Long order set at 149.40, target 149.80.
Shooting star in 5 min chart, this could become bearish. Closed my long for 10pip loss
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11-12-2009, 08:49 AM #6693  Originally Posted by cool_fx long enterred at 148.90 for news trading.
my trade plan:
30 secs bfore news relese based on the numbers. i will go either long (if near 148s) and short (if near 149.80s). then i will take quick profit and then renter the opposite trade.
goodluck guys.
during the news i dnt keep any stops coz its a fluctutating market. i base my trade till i see a specific trend being established. i will observe 3 - 5 mins candles and see the trend. all righty out t 149.38 for 50 pips profit :-). short renetered again.
this baby is going down. either by tonight or friday for sure. he he.
ADD: im going LONG. president obama is giving a speech on economy. we might see more volatility.
Last edited by cool_fx; 11-12-2009 at 09:03 AM.
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11-12-2009, 08:57 AM #6694
woah woah president obama is gonna speak on economy. im actually going long at 149.23 (stops- 147.90). but if someone has less money i wud defiently be out.
Last edited by cool_fx; 11-12-2009 at 09:03 AM.
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11-12-2009, 09:24 AM #6695
It's amusing how the level of interest in a forum reflects the market activity, the USD/JPY has been in a coma for a few days, and then BANG! Off it goes.
Lovely triangle formation on daily charts, I expect some kind of explosion soon
Last edited by straty01; 11-12-2009 at 09:27 AM.
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11-12-2009, 09:48 AM #6696  Originally Posted by cool_fx woah woah president obama is gonna speak on economy. im actually going long at 149.23 (stops- 147.90). but if someone has less money i wud defiently be out.
What happened to 'never, ever'. LOL
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11-12-2009, 09:53 AM #6697  Originally Posted by skydiver What happened to 'never, ever'. LOL lol im short again bro.
i do go LONGS during period of volatility.
but now im SHORT again frm 149.60
made a total of 70pips in morning :-) during these news events.
now back to bearish cave. however stops are still 151.80. target is 147.90
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11-12-2009, 09:56 AM #6698
basically i was thinking obama might say something tat will change the market. but he didnt spoke anything imp. so im bearish once more.
if u remember back in early january i think Mr. Geithner went on news to say something. omg just one comment rallied EURUSD to 300 pips tat day.
so whenveer someone comes on news i get worried. he he.
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11-12-2009, 10:00 AM #6699
Federal housing authority numbers fall below than expected. below the 2% requirement. this cud affect.
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11-12-2009, 10:01 AM #6700  Originally Posted by asherewt Just a heads up ...
Watch out for the Trading opportunities created by the possible JPY weakness.
PS: Also, look at ZARJPY if you trade this pair. Hi Asher Yes agree the JPY is wreaking, so it is better for me I bough-ted on 89.55 level as I told you before..but I was just wondered when that pair just suffering for the Sharp Ks and Ts Equilibrium so I just Keep my SL just 10/pivot l2= Price of UJ.. so I am very mush sure if that Break the Kumo bear Cloud Bottom Support of 30 minute chart Basis so My triger would be Sell on UJ close.
But That was just a Flag Formation Of technical analysis help of Sharp Equilibrium Of ts ks..
That why I am still gaining Money..hehe..
So Asher, I never tried ZAR JPY..that is high SPREAD..Pair..
hehe so i can sing...
Twinkle twinkle little star,
how I wonder what you are?
Looking at your magic light,
watching over us tonight.
Before my dreams take me away,
I kneel beside my bed and prey.
For all the children in the dark,
till tomorrow,
twinkle little star.
Promise me you'll twinkle little star. Cos everybody needs a little star.
...............
thats true..Cos everybody needs a little star. good night
Last edited by VINCY BALBOA; 11-12-2009 at 10:06 AM.
Best Regards
Vincy Balboa
The Chinese Dragon!! :) -
11-12-2009, 10:38 AM #6701  Originally Posted by cmellon The much needed USD reversal relief drags down Geppy with it.
However, GBP cross (GBP AUD, EUR GBP) will soon help Pound.
Attached is Geppy 4 Hour possibility.
If the count is correct, then potential end of wave C zone is between 147 - 148.5. Hey guys,
Following up my chart from 2 pages ago, it looks like wave C (2 of 3) may have finished with the trend line break fakeout.
We could be in the mother of all rally with 3 of 3 in progress.
Last edited by cmellon; 11-12-2009 at 10:40 AM.
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11-12-2009, 10:45 AM #6702  Originally Posted by cmellon Hey guys,
Following up my chart from 2 pages ago, it looks like wave C (2 of 3) may have finished with the trend line break fakeout.
We could be in the mother of all rally with 3 of 3 in progress. i guess i hve to agree with u. i closed my SHORT when it hit the previous hourly high at 149.75. went long at 149.80.
its confusing here. so i dnt wanna short. but i dnt agree with ur 156s or 160s. i think 151.80 is possible and if tat breaks then may be 153s
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11-12-2009, 10:48 AM #6703  Originally Posted by cmellon Hey guys,
Following up my chart from 2 pages ago, it looks like wave C (2 of 3) may have finished with the trend line break fakeout.
We could be in the mother of all rally with 3 of 3 in progress.
I did start to wonder if that chart of yours was occuring. Cant believe ive closed 2 longs today for little pips. Not going to chase this, so im out for the day.
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11-12-2009, 10:51 AM #6704  Originally Posted by asherewt Agreed Vincy
nice find. HI asher yes it quit Good trad for me .. +148 big lot gain hehe..
So What would you suggest a STOP loss could be..
many thanks..
Best Regards
Vincy Balboa
The Chinese Dragon!! :) -
11-12-2009, 11:11 AM #6705  Originally Posted by VINCY BALBOA Hi Asher Yes agree the JPY is wreaking, so it is better for me I bough-ted on 89.55 level as I told you before..but I was just wondered when that pair just suffering for the Sharp Ks and Ts Equilibrium so I just Keep my SL just 10/pivot l2= Price of UJ.. so I am very mush sure if that Break the Kumo bear Cloud Bottom Support of 30 minute chart Basis so My triger would be Sell on UJ close.
But That was just a Flag Formation Of technical analysis help of Sharp Equilibrium Of ts ks..
That why I am still gaining Money..hehe..
So Asher, I never tried ZAR JPY..that is high SPREAD..Pair..
hehe so i can sing...
Twinkle twinkle little star,
how I wonder what you are?
Looking at your magic light,
watching over us tonight.
Before my dreams take me away,
I kneel beside my bed and prey.
For all the children in the dark,
till tomorrow,
twinkle little star.
Promise me you'll twinkle little star. Cos everybody needs a little star.
...............
thats true..Cos everybody needs a little star. good night USD/JPY breaking above resistance lines, and major moving averages.
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