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- FX Dad replied Apr 13, 2010
RE: Yesterday's EURJPY Consolidating, with gap short — Going into the NY session, the EURJPY did make a break below 127.00, as I suggested we watch for. Price fell to the next support area of 126.50 and rode that out until Tokyo open, where ...
- FX Dad replied Apr 12, 2010
EURJPY Consolidating, with gap short — Again, sorry for the lack of posts, but I'm seeing something setting up that has caught my eye. The EURJPY is consolidating just above 127.00, with the EURUSD finding support at 1.3585 and the USDJPY at ...
- FX Dad replied Feb 24, 2010
Just so you're not in the red Ic, that's the most important! Good to hear from you! I like your CAD short. I've got 1.0525 as a strong support level, but I hope that breaks for you, and it should take a nice tumble! Take Care Sir!
- FX Dad replied Feb 24, 2010
RE: Like a Break out on the Yen Pairs — The GBPJPY broke it's range for a 50+ pip move down, and the EURJPY made a 40 pip move down after it broke below 122.00. Yes, I know these pairs have potential to move more, but I wasn't expecting a big ...
- FX Dad replied Feb 24, 2010
Like a Break out on the Yen Pairs — Looking of the Yen crosses to make a break out of the tight range they've been trading in for the past few hours. Watch for range breaks on EURJPY and the GBPJPY, particularly to the downside. Remember to ...
- FX Dad replied Feb 4, 2010
RE: GBPJPY Cleared trade with 75 pips — Cable is not cooperating, thought the UJ made a nice move below the daily pivot, and the GBPJPY reaching previos support at 143.50. Abreak below that could see another 50 pips. I'm perfectly happy with ...
- FX Dad replied Feb 4, 2010
RE: GBPJPY — ACM didn't take me out, though Interbank would have. I find ACM is not as "spikey." It was close, but I'm still in. If this can hang in until the next hour, it could continue down, or will quickly stop me out. Holidng for now. ...
- FX Dad replied Feb 4, 2010
RE: GBPJPY — USDJPY is not cooperating. I moved my stop down to 144.15 so I can pull out a few pips if this turns bullish on us.
- FX Dad replied Feb 4, 2010
RE: GBPJPY — 90.80 is holding for now as resistance on the USDJPY. GBPUSD broke support at 1.5885 and looks like it wants to carry a bit more. If the USDJPY can maintain resistance and the GBPJPY can break support at 144 and hold, we should ...
- FX Dad replied Feb 4, 2010
Hey Guys! — Long time since I made a post. It's been a little hectic with other things I have going on. Anyhow, I just looked at the charts and I see nice supports setting up on the USDJPY, GBPUSD and the GBPJPY. If the yellow support lines ...
- FX Dad replied Oct 29, 2009
GBPJPY — Hey Guys! Hope everyone is doing well. Market has been a little uncooperative with my style of trading. Been busy with some other work, and have been taking some time away from FX. Made a few wmall trades, but nothing spectacular. ...
- FX Dad replied Oct 5, 2009
PA is slow, and has hit obvious resistence at 143. Moving stop to B/E, and will sit, wait, and see what it does.
- FX Dad replied Oct 5, 2009
Looking at a possible breakout of the range formed over the past 4 hours on the GBPJPY. Trading is very tight before the Tokyo open. Be aware that it is a banking holiday in China, so liquidity/volatility maybe an issue.
- FX Dad replied Sep 29, 2009
RE: GBPJPY — Well guys, it did make a 50+ pip break. Hope some of you were able to grab a few out of that move. I missed the entry because I was uploading the video to youtube. I'll be late getting to the trade room guys. Will be open ...
- FX Dad replied Sep 29, 2009
RE: GBPJPY — It did make a break up, and is finding some stiff resistance at 144.35. If it can break that level, it has room to run to 145, and maybe 145.23.
- FX Dad replied Sep 29, 2009
It's making an early break to the upside. I'd rather see it break downward, and closer to Tokyo open in an hour, when moves are usually more decisive. .95 and .00 are holding as resitance, so I've adjusted the squeeze.
- FX Dad replied Sep 29, 2009
GBPJPY consolidating going into Tokyo — A consolidation is forming, where the range is getting tighter(squeezed)into a smaller range. Watch for a break at, or near Tokyo open. These breaks are usually good for 20-40 pips, sometimes more.
- FX Dad replied Sep 28, 2009
I took a buy off the break on the GBPJPY,and just closed my trade at 143.22 for 60 pips.
- FX Dad replied Sep 28, 2009
Chart preveiw going into Tokyo — Hey Guys! Just thought I'd throw out what I'm watching right now. Squeezes forming on the GBPJPY and the EURJPY.
- FX Dad replied Sep 17, 2009
Going into Tokyo Session, I agree with FXAdvice. PA is ugly and nothing is setting up that I would want to trade at the moment. Going into this time, I like to see price consolidations, and the only ones forming are on the USDCHF and the USDCAD, ...