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View Poll Results: Unite our 3 smaller threads to a new super thread - GBP, JPY and AUD, CAD, NZD?

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  • Good idea

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  • Not a good idea - I want my thread as it is and I promise to use it (i.e. I will post)

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Thread: Discuss USD/JPY, GBP/JPY, and other JPY Pairs

  1. 03-01-2010, 03:53 AM #10276
    skydiver
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    Short 135.42. Stop 135.85. Target 134.65.

    Small resistance at this price - stalling there now.

    I agree that the hourly RSI trend line has been broken. So a pull up could happen. As COD said i think this couldbounce around this level for the day.

    Decision based on 5 and 15 min chart.
  2. 03-01-2010, 05:20 AM #10277
    skydiver
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    Quote Originally Posted by skydiver View Post
    Short 135.42. Stop 135.85. Target 134.65.

    Small resistance at this price - stalling there now.

    I agree that the hourly RSI trend line has been broken. So a pull up could happen. As COD said i think this couldbounce around this level for the day.

    Decision based on 5 and 15 min chart.

    Target Hit. 70 pip profit.
    Will decide next trade based on where this forming 15 min candle takes us.
  3. 03-01-2010, 05:21 AM #10278
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    mihaia2002
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    Quote Originally Posted by skydiver View Post
    Target Hit. 70 pip profit.
    Will decide next trade based on where this forming 15 min candle takes us.
    went with u on this one, but only for 40 pips, good job, i relied on the fact that the economic data was bad, the one at 9:30...
  4. 03-01-2010, 05:35 AM #10279
    skydiver
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    Quote Originally Posted by mihaia2002 View Post
    went with u on this one, but only for 40 pips, good job, i relied on the fact that the economic data was bad, the one at 9:30...
    Excellent. I actualy went short again @ 134.63 and closed for another 38 pips. Sorry its a late post but I dibble and dabble quite a bit.

    I see more down side coming and am tempted to -re-enter.


    ADD: OK a 15min candle close below 134 then im reshorting. If price hovers around here for a bit then I will Long but for only 40-50 pips. Kind of wishing i had left my short open now.
    Stick with sentiment and the trend its on the Bears side.
  5. 03-01-2010, 05:41 AM #10280
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    Quote Originally Posted by skydiver View Post
    Excellent. I actualy went short again @ 134.63 and closed for another 38 pips. Sorry its a late post but I dibble and dabble quite a bit.

    I see more down side coming and am tempted to -re-enter.


    ADD: OK a 15min candle close below 134 then im reshorting. If price hovers around here for a bit then I will Long but for only 40-50 pips. Kind of wishing i had left my short open now.
    Stick with sentiment and the trend its on the Bears side.
    I also follow the other crosses?jpy, mainly EY and eur/gbp to see their behaviour to make a decision about the BEAST !!!! haha

    Long at 134, too stretched, 20-30 pips up
  6. 03-01-2010, 05:53 AM #10281
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    Long at 134.00

    GU is at 150.00 This is a big Psyc level. UJ is wanting to push higher. Bsed on this I can see a GJ bounce up. GJ is extremely oversold. I am ready for the snap back. Ive been waiting patiently
  7. 03-01-2010, 05:56 AM #10282
    skydiver
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    Quote Originally Posted by mihaia2002 View Post
    I also follow the other crosses?jpy, mainly EY and eur/gbp to see their behaviour to make a decision about the BEAST !!!! haha

    Long at 134, too stretched, 20-30 pips up


    Short 134.03. The beast dosent understand over stretched.

    ADD: Closed 30pip profit.
  8. 03-01-2010, 06:02 AM #10283
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    Quote Originally Posted by skydiver View Post
    Short 134.03. The beast dosent understand over stretched.

    ADD: Closed 30pip profit.
    Good Job Sky! I need to get back to my 30 50 pips trades!..

    ADD Long again at 133.60
    Last edited by 4xer; 03-01-2010 at 06:07 AM.
  9. 03-01-2010, 06:02 AM #10284
    skydiver
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    Long 133.74. Stop 133.35.

    Bad news on bank profits bought this down. Hopefully back up to 135.40 now.
  10. 03-01-2010, 06:15 AM #10285
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    Quote Originally Posted by 4xer View Post
    Good Job Sky! I need to get back to my 30 50 pips trades!
    yeap, is this group trading ... bought at 133.6... 20-30 pips up, hopefully, last one i stopped at -5 pips... maaan, sweating again
  11. 03-01-2010, 06:18 AM #10286
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    Smile gj is my wife

    very2 happy. target was hit.i know gj still going down.133 is my new target.
    as i said last week, gj will going to touch 131. have a great trade.
  12. 03-01-2010, 06:23 AM #10287
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    I am also watching GU after 9 down days in a row. I am not comfortable shorting GJ anymore. It is due for a bounce. I KNOW THE GJ IS NOTORIOUS FOR STAYING OVEREXTENDED!

    There I daid it before anyone preaches it back to me
  13. 03-01-2010, 06:23 AM #10288
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    I am waiting for the UJ to break up. This will bring up the GJ and at the very least stop the falling.
  14. 03-01-2010, 06:24 AM #10289
    skydiver
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    Quote Originally Posted by 4xer View Post
    Good Job Sky! I need to get back to my 30 50 pips trades!..

    ADD Long again at 133.60

    Thanks 4xer good to have you back - you getting much sleep?
    Im doing a ridiculous amount of trades at the moment but a lot of them are 20-50 pipsters and enjoying it.
    Im not comfortable with this long, Ive removed stop and placed a hedge at 143.30. Looks like its going to go further down but I do think 135s will come back soon.
  15. 03-01-2010, 06:26 AM #10290
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    Quote Originally Posted by skydiver View Post
    Thanks 4xer good to have you back - you getting much sleep?
    Im doing a ridiculous amount of trades at the moment but a lot of them are 20-50 pipsters and enjoying it.
    Im not comfortable with this long, Ive removed stop and placed a hedge at 143.30. Looks like its going to go further down but I do think 135s will come back soon.
    Yes not cuz the baby cuz been light trading
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