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PatienceFx Jul 28, 2016 10:45pm | Post# 60761

going long 104.80 with 107.40 tp also have a sell order at 107.40 with 106.10 tp i think this time boj is serious about stimulus
my 20 pip trailing stopped me out at 105.14

Mong00se Jul 28, 2016 10:51pm | Post# 60762

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LOL

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PatienceFx Jul 28, 2016 11:11pm | Post# 60763

LOL {image}
the spreads are too high to bother taking that risk

and it moved on ths headline " NHK reports Japan stimulus pack to be about 28.1tln yen "

PatienceFx Jul 28, 2016 11:17pm | Post# 60764

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whatever the stimulus package is, the range is well defined

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sam69 Jul 28, 2016 11:54pm | Post# 60765

102.76? {image}
yes.

Ceo2011 Jul 29, 2016 12:25am | Post# 60766

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Then yen will trade below to 101.805
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SunTrader Jul 29, 2016 8:03am | Post# 60767

There is never "will" in trading.

ballballball Jul 29, 2016 11:28am | Post# 60768

UJ Buy 102.27

MBTrading74 Jul 29, 2016 12:47pm | Post# 60769

buy with Tp 110.00 is now an attractive level

SunTrader Jul 29, 2016 12:53pm | Post# 60770

It's Friday afternoon. Action is done till Monday (Sunday night).

Vantage FX Aug 1, 2016 12:59am | Post# 60771

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Such a clean technical market falling off that channel resistance!
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pohchuan Aug 1, 2016 7:28am | Post# 60772

Yen to strengthen further when US opened?

PatienceFx Aug 2, 2016 1:20am | Post# 60773

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should i short this bugger or wait to short higher

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GqOrlando Aug 2, 2016 3:56am | Post# 60774

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I would say at least a test of 100.50

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Devart Aug 2, 2016 5:50am | Post# 60775

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Hello to everyone.
Looking at the graph we are testing a long term support.
I have inserted a sell stop order at 101.32
SL: 101.757
TP: 100.229
If the ADP and ISM will be negative as prospected the TP of 100 and even lower is really possible considering that the first important macro news about Jpy will be in 2 weeks by now.
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UJNoob Aug 2, 2016 7:21am | Post# 60776

Hello to everyone. Looking at the graph we are testing a long term support. I have inserted a sell stop order at 101.32 SL: 101.757 TP: 100.229 If the ADP and ISM will be negative as prospected the TP of 100 and even lower is really possible considering that the first important macro news about Jpy will be in 2 weeks by now. {image} {image} {image}
Hey... what is the name of the indicator with the bar on the right? I would like to get something like that... possible to share???

frx_trader Aug 2, 2016 7:56am | Post# 60777

{quote} Hey... what is the name of the indicator with the bar on the right? I would like to get something like that... possible to share???

I see your TE. Seems you are not doing well. My advice is: forget about indicators. What you need is only 2 or 3 EMA indicators. That's more than enough.

I only use 2 indicators. Because I am a daily trader. I.e. 20 and 52 EMA's. That's enough.

UJNoob Aug 2, 2016 8:05am | Post# 60778

{quote} I see your TE. Seems you are not doing well. My advice is: forget about indicators. What you need is only 2 or 3 EMA indicators. That's more than enough. I only use 2 indicators. Because I am a daily trader. I.e. 20 and 52 EMA's. That's enough.
Oh no.. why did you look at my embarassing TE... =p...

Thanks for your advice, but i wanna try coding some EA and this indicator seems something that can fit my plan... haha

Devart Aug 2, 2016 8:59am | Post# 60779

{quote} Hey... what is the name of the indicator with the bar on the right? I would like to get something like that... possible to share???
Hello,
yes of course.
Here is where you can download it

http://www.icefx.eu/heatmap/

Regards

Devart Aug 2, 2016 9:03am | Post# 60780

{quote} I see your TE. Seems you are not doing well. My advice is: forget about indicators. What you need is only 2 or 3 EMA indicators. That's more than enough. I only use 2 indicators. Because I am a daily trader. I.e. 20 and 52 EMA's. That's enough.
I quote him also,
I use this indicator not to decide if to open or not a position.
It simply show you where the market has spent time and consequentely to have a confirm with supports and resistences that I found.

I am an intraday trader, I have never used this indicator on long term so you have to understand if it suits you.


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