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  #2806 (permalink)  
Old 08-09-2009, 03:06 AM
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Quote:
Originally Posted by VINCY BALBOA View Post
So Talking about Usd/jpy it Down side that All The Longer Trader Are Just Thinking And they Airn’t Wrong Because The Usd/jpy Down Of Starting April And It Just Have The Fibonnaci Retrace 61.8% on 103.42 There A Particular Stating Trend Start On USD/JPY..

on Paying Some Attention I just have been Following some Good Down Move Of this Pair!!

But it Still Has the Upper Trend Now I mention And If I am not wrong the 97.01 Would be the Next Retrace and then @ to the Level of 84.10..




103.42-94.18*1.618-99.06=84.109

93.49-92.04*1.618+94.75=97.0
Hello Vincy!!!

I Tell you About something I just measure On My Visit And Something I really Extendedly want to share ''Son''.

Just Little confused about your Way that you Measure Your Analysis!!

And Son... I am very Much Impress About you And your Chart!!!..

If you are a Student And you have this knowledge so..You have a Unimaginable LIFE Of success!!!



Thank you ..

Sandler!!

Last edited by Mr.SANDLER; 08-09-2009 at 07:32 AM..
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  #2807 (permalink)  
Old 08-09-2009, 03:07 AM
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Quote:
Originally Posted by asherewt View Post
byran,

Its very hard at this stage to get a clearer picture about USDJPY as though all the Technicals are showing its more than over-bought and begging for a Correction but I feel there is something fishy about all this bullish trend.

Goldman Sachs has been quite vocal about their suggestions to hold Long Positions with a possible Target of 105 and we all know how GS and its so-called high frequency trading platform is able to manipulate the market trends.

By the way this particular article is also written by a GS Analyst ...
Thanks for the reply!

I just posted a link in the EW forum regarding this pair.
http://forexforums.dailyfx.com/320820-post15614.html

Well, I have a target of 106 which I dont know if it will go up that high, but the rules are upholding and we shall see what will happen in the next couple of months. I kinda doubt the market has turned bullish at all.
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  #2808 (permalink)  
Old 08-09-2009, 06:40 PM
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USD/JPY Short at Limit 98.53

Short USD/JYP

Limit: 98.53
Target: 96.53
Stop Loss: 100.53

Just wanted to know what you guys think of it?
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  #2809 (permalink)  
Old 08-09-2009, 09:15 PM
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Talking I went short already @97.485

Quote:
Originally Posted by spidereweb View Post
Short USD/JYP

Limit: 98.53
Target: 96.53
Stop Loss: 100.53

Just wanted to know what you guys think of it?
for 2 lots and have already scalped out @97.185!!!

Watching for my next move?

caps out!!!
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  #2810 (permalink)  
Old 08-09-2009, 09:21 PM
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Quote:
Originally Posted by spidereweb View Post
Short USD/JYP

Limit: 98.53
Target: 96.53
Stop Loss: 100.53

Just wanted to know what you guys think of it?
I think its great to see trades posted ahead of a potential move not posted after the move is over
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  #2811 (permalink)  
Old 08-09-2009, 09:30 PM
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Hey Spiderweb,

Are you expecting the price to reach 98.53 or did you mean to say 97.53


Quote:
Originally Posted by spidereweb View Post
Short USD/JYP

Limit: 98.53
Target: 96.53
Stop Loss: 100.53

Just wanted to know what you guys think of it?
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  #2812 (permalink)  
Old 08-09-2009, 10:37 PM
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Originally Posted by asherewt View Post
Hey Spiderweb,

Are you expecting the price to reach 98.53 or did you mean to say 97.53
I always like to be on the safe side when I trade so i do think it might go as high as 98.53 also as per FXCM the first resistance is 98.91. My strategy is a little different from others but it has been working for the past few trades.
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  #2813 (permalink)  
Old 08-09-2009, 10:45 PM
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Just went short @97.374 2 lots!!!

Hows that? Holding on the buttom for a good scalp?

caps out!!!
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  #2814 (permalink)  
Old 08-09-2009, 10:59 PM
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smallcaps49 is an unknown quantity at this point
PS-Stop @97.405!!!!!!!

caps out!!!
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  #2815 (permalink)  
Old 08-09-2009, 11:04 PM
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Out 97.288 !!!

Bye now, wait for the US OPEN for more scalps!!!!!!!!!!!!!

caps out!!!
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  #2816 (permalink)  
Old 08-10-2009, 01:08 AM
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It's going to come down a bit first before it tests the 97.7 resistance again.
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  #2817 (permalink)  
Old 08-10-2009, 02:53 AM
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terton is on a distinguished road
support coming up

support for the eur/jpy cross is seen approaching, with the key lines in bold. Looks a likely buy at 9.00am GMT.
Attached Thumbnails
discuss-usd-jpy-dailyfx-analyst-eurjpy-holds3.jpg  


Last edited by terton; 08-10-2009 at 03:11 AM..
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  #2818 (permalink)  
Old 08-10-2009, 08:29 AM
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Smile

great post.
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  #2819 (permalink)  
Old 08-10-2009, 10:17 AM
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USDJPY

I have been long term bearish USDJPY since price broke out of a multi-year triangle to the down side on the monthly chart, but price is sure having a hard time making new lows... I see now that we have a bullish engulfing candle on the monthly chart attempting to form which will deffinately jar the bearish case.... I remain long term bearish, but I am considering this scenario before further lows...

USDJPY monthly chart ---->


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  #2820 (permalink)  
Old 08-11-2009, 08:50 AM
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USDJPY

Looks like the Bearish Trend is still very much alive ...
Attached Thumbnails
discuss-usd-jpy-dailyfx-analyst-usdjpy_110809.jpg  

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