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  #3241 (permalink)  
Old 11-10-2009, 01:10 PM
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Thumbs down Daily Chart, hot move

Head-and-Shoulders Tops Complex forming 02:08 PM PST
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  #3242 (permalink)  
Old 11-10-2009, 07:19 PM
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yen

I hate the yen
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  #3243 (permalink)  
Old 11-10-2009, 07:21 PM
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My trade

Quote:
Originally Posted by yankswin27 View Post
I hate the yen
I entered my trade at 92.25 over two and half weeks ago and all it has been is a landslide. Why can't the dollar just find some ground?
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  #3244 (permalink)  
Old 11-11-2009, 09:30 AM
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Quote:
Originally Posted by yankswin27 View Post
I entered my trade at 92.25 over two and half weeks ago and all it has been is a landslide. Why can't the dollar just find some ground?
The trend is your friend...trade it until it ends.

The yen has been stronger overall than the dollar...so no need to fight it until the day comes when it "proves out" differently by a daily chart uptrend forming.

Just something to consider.
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  #3245 (permalink)  
Old 11-11-2009, 11:03 AM
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Cool

Quote:
Originally Posted by Sean Hyman View Post
The trend is your friend...trade it until it ends.

The yen has been stronger overall than the dollar...so no need to fight it until the day comes when it "proves out" differently by a daily chart uptrend forming.

Just something to consider.
Hey Sean, didn't notice you before today, just wanted to say Welcome back. . . Hope you had a great Vacation.

What is more, you are definitely needed here, and your return is received with open arms after this hellacious week without you.

Been a rough and tough trade week during and following the news. . . I'm still here though.
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  #3246 (permalink)  
Old 11-11-2009, 01:38 PM
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Quote:
Originally Posted by Uber FX nUblet7 View Post
Hey Sean, didn't notice you before today, just wanted to say Welcome back. . . Hope you had a great Vacation.

What is more, you are definitely needed here, and your return is received with open arms after this hellacious week without you.

Been a rough and tough trade week during and following the news. . . I'm still here though.
Uber, hey great to be back. I missed it...for sure.
Thanks for the kind words. Glad to know I make a tangible difference here. Awesome!
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  #3247 (permalink)  
Old 11-12-2009, 07:11 AM
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Possible JPY Weakness

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.
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  #3248 (permalink)  
Old 11-12-2009, 08:24 AM
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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
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Last edited by straty01; 11-12-2009 at 08:27 AM..
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  #3249 (permalink)  
Old 11-12-2009, 09:01 AM
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Quote:
Originally Posted by asherewt View Post
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
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Last edited by VINCY BALBOA; 11-12-2009 at 09:06 AM..
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  #3250 (permalink)  
Old 11-12-2009, 10:11 AM
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Quote:
Originally Posted by VINCY BALBOA View Post
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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  #3251 (permalink)  
Old 11-12-2009, 10:42 AM
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Quote:
Originally Posted by Sean Hyman View Post
USD/JPY breaking above resistance lines, and major moving averages.
so sean you mean also that also a Bull Break out sign isn't it

thanks
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  #3252 (permalink)  
Old 11-12-2009, 12:40 PM
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Quote:
Originally Posted by VINCY BALBOA View Post
so sean you mean also that also a Bull Break out sign isn't it

thanks
The U.S. dollar index is perking up a good bit today...so could be general dollar strength bolstering the USD/JPY today.

Mr. Wilson put an interesting article in the Market Talk section of the forum today along these lines.

Market Talk
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  #3253 (permalink)  
Old 11-12-2009, 02:21 PM
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  #3254 (permalink)  
Old 11-12-2009, 09:32 PM
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Vincy,

I hope you've caught the wonderful upside trend on UJ and GJ already. As far as I can see EJ, AJ, and NJ may follow up soon.

JPY has always been my favourite as it gives clear signals where its going to go.

I think you need to learn more about how to trade Exotics, I agree that ZAR pairs are high spread but there are a couple of things you need to keep in mind:

1. Lets say if it has a 100 pips spread but how much is the actual value for 1 pip should also be taken into account

2. The volatility on Exotics is extremely high, pairs such as USDZAR, ZARJPY, USDTRY, USDILS, USDSEK, USDNOK and etc can actually move more than a thousand pips a day while the Majors may have ATR of hardly a hundred pips. That is why many traders simply love trading Exotics.

In the end its all about catching trend right and early

Cheers,
Asher


Quote:
Originally Posted by VINCY BALBOA View Post
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
__________________
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Auto Trading Alerts: http://tradealerts.wordpress.com/
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  #3255 (permalink)  
Old 11-12-2009, 11:17 PM
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Quote:
Originally Posted by asherewt View Post
Vincy,

I hope you've caught the wonderful upside trend on UJ and GJ already. As far as I can see EJ, AJ, and NJ may follow up soon.

JPY has always been my favourite as it gives clear signals where its going to go.

I think you need to learn more about how to trade Exotics, I agree that ZAR pairs are high spread but there are a couple of things you need to keep in mind:

1. Lets say if it has a 100 pips spread but how much is the actual value for 1 pip should also be taken into account

2. The volatility on Exotics is extremely high, pairs such as USDZAR, ZARJPY, USDTRY, USDILS, USDSEK, USDNOK and etc can actually move more than a thousand pips a day while the Majors may have ATR of hardly a hundred pips. That is why many traders simply love trading Exotics.

In the end its all about catching trend right and early

Cheers,
Asher
HELLO MR, FUND MANAGER ASHER..

Thank you .. Yes I am Still catching in GJ and UJ..

Yes My Favorite too Becoz I can earn money.

Yes Indeed The Spread is very High, and Specially Some currency Movement …
You are Right And I want to catch 1000 pips if I can here I know Little about Exotics Currency…

But i have seen Asher and have found the ZAR/JPY is not Is volatile ..




Right now, the biggest opportunities by far are in the emerging market currencies (also known in the business as “exotic currencies”). These are the currencies of countries like Poland, the Czech Republic, Thailand, South Korea and South Africa, to name just a few.


That Move the biggest moves up in bull markets. And it’s where you get the sharpest moves down in bear markets.

You are Totally Right Asher.

And here is some site

Best Forex Robots-Exotic Forex Trading - forex trading system tools

Scotia Capital Global Research
and here is ALL EXOITIC currency

USD / ARS 3.8075 3.8125 -0.0050 -0.13 3.8625 3.0175 08:55 Argentinia Peso USD / BRL 1.7325 1.7375 0.0000 0.00 2.6215 1.6065 22:40 Brazilian Real USD / CLP 507.20 507.70 0.00 0.00 683.50 503.10 22:40 Chile Peso USD / CNY 6.8251 6.8301 -0.0002 0.00 6.8970 6.8075 23:30 China Yuan Renmimbi USD / EGP 5.4571 5.4575 0.0000 0.00 5.6975 5.3468 16:43 Egyptian Pound USD / GRD 229.06 229.56 -0.15 -0.07 276.58 225.97 23:36 Greek Drachma USD / HKD 7.7475 7.7525 0.0000 0.00 8.3231 7.7239 23:23 Hong Kong Dollar USD / HUF 182.24 182.74 -0.10 -0.05 253.06 156.51 23:36 Hungarian Forint USD / IDR 9404.5 9405.5 0.0 0.00 12503.5 9137.5 22:38 Indonesian Rupiah USD / ILS 3.7773 3.7777 0.0054 0.14 4.2994 3.3677 23:36 Israeli Shekel USD / INR 46.59 46.69 -0.05 -0.11 52.52 43.08 23:36 Indian Rupee USD / JOD 0.7088 0.7092 0.0000 0.00 0.7197 0.7056 22:40 Jordanian Dinar USD / KRW 1161.25 1161.75 6.90 0.59 1597.35 1038.60 23:36 Korean Won USD / KWD 0.2850 0.2854 0.0000 0.00 0.2969 0.2659 22:40 Kuwaiti Dinar USD / MXN 13.1708 13.1758 -0.0127 -0.10 15.5852 10.0767 23:36 Mexican Peso USD / MYR 3.3802 3.3852 0.0002 0.01 3.7445 3.3255 23:03 Malaysian Ringett USD / PHP 46.75 46.80 -0.05 -0.11 50.10 45.34 22:58 Philippine Peso USD / PKR 83.43 83.48 -0.10 -0.12 84.21 74.52 23:22 Pakistan Rupee USD / PLN 2.7795 2.7805 -0.0006 -0.02 3.9143 2.2088 23:35 Polish Zloty USD / RUB 28.86 28.96 0.08 0.28 36.58 24.21 23:30 Russian Ruble USD / SAR 3.7479 3.7529 0.0000 0.00 3.7776 3.7046 22:39 Saudi Arabia Riyal USD / SGD 1.3890 1.3894 -0.0009 -0.06 1.6663 1.3836 23:36 Singapore Dollar USD / THB 33.26 33.36 0.00 0.00 36.44 33.11 23:35 Thai Baht USD / TRL 1.1908 1.1918 0.0128 1.07 1.1918 1.1918 21:40 Turkish Lira USD / TWD 32.24 32.34 -0.09 -0.28 35.31 31.22 23:00 Taiwan Dollar USD / ZAR 7.4468 7.4668 -0.0166 -0.22 11.8806 7.2173 23:36 South African Rand


Quote:
Originally Posted by asherewt View Post
ZAR pairs are high spread
in Some station the Zar/jpy is 2.5 Spread .. i also found that asher..





I love if you Mail me and share some Exotic Opinion.. I dont have good knowledge compare to you about Exotic Pairs...


See the chart..
VERY BEAR FROM C..
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