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Attachments: EUR/JPY
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EUR/JPY

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  • Post #961
  • Quote
  • Feb 12, 2014 7:55am Feb 12, 2014 7:55am
  •  11223abD
  • | Joined Nov 2012 | Status: Member | 90 Posts
Quoting arinforex
Disliked
shit, i wrongly use fibo and placed a short position. Now closed all shorts and open long.
Ignored
Not a good move. Hope U got out early and had a stop loss.
  • Post #962
  • Quote
  • Feb 12, 2014 7:56am Feb 12, 2014 7:56am
  •  khol_hands
  • | Joined Nov 2012 | Status: blind eyes... | 1,018 Posts
entered long 138.88 tp 139.07
  • Post #963
  • Quote
  • Feb 12, 2014 8:00am Feb 12, 2014 8:00am
  •  khol_hands
  • | Joined Nov 2012 | Status: blind eyes... | 1,018 Posts
Quoting khol_hands
Disliked
entered long 138.88 tp 139.07
Ignored
some corelation with EU. strong support. weekly and monthly pivot plus daily support 2 and MA 200.
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  • Post #964
  • Quote
  • Feb 12, 2014 8:40am Feb 12, 2014 8:40am
  •  amasat
  • | Joined Apr 2008 | Status: Member | 345 Posts
Quoting 11223abD
Disliked
{quote} why the bearish moves?
Ignored

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  • Post #965
  • Quote
  • Feb 12, 2014 9:51am Feb 12, 2014 9:51am
  •  khol_hands
  • | Joined Nov 2012 | Status: blind eyes... | 1,018 Posts
Quoting khol_hands
Disliked
entered long 138.88 tp 139.07
Ignored
preettyyyyyy
  • Post #966
  • Quote
  • Feb 12, 2014 12:17pm Feb 12, 2014 12:17pm
  •  arinforex
  • | Joined Oct 2007 | Status: GbpUsd Trader, trade defensively | 659 Posts
Quoting arinforex
Disliked
shit, i wrongly use fibo and placed a short position. Now closed all shorts and open long.
Ignored

no SL, floatingggggggg.
  • Post #967
  • Quote
  • Feb 12, 2014 12:57pm Feb 12, 2014 12:57pm
  •  W.D.Bayer
  • | Joined Feb 2012 | Status: Nothing but hard work | 146 Posts
Quoting arinforex
Disliked
{quote} no SL, floatingggggggg.
Ignored
You're not gonna float for long like that, mate. Take it on the chin, everybody makes mistakes and there's always another trade. EURJPY loves enthusiasts, margin calls them every day. Just a friendly piece of advice
  • Post #968
  • Quote
  • Feb 12, 2014 1:04pm Feb 12, 2014 1:04pm
  •  W.D.Bayer
  • | Joined Feb 2012 | Status: Nothing but hard work | 146 Posts
Quick update on the pair
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  • Post #969
  • Quote
  • Feb 12, 2014 1:59pm Feb 12, 2014 1:59pm
  •  raz
  • Joined Jun 2008 | Status: Trade to Survive | 877 Posts
Quoting 11223abD
Disliked
{quote} why the bearish moves?
Ignored
I trade on 5 min TF, and I take every valid entry that is given, whether it is with or against the overall trend. Works for me!
Trade Like a Robot make money Like a Bank
  • Post #970
  • Quote
  • Feb 12, 2014 4:08pm Feb 12, 2014 4:08pm
  •  raz
  • Joined Jun 2008 | Status: Trade to Survive | 877 Posts
Quoting W.D.Bayer
Disliked
Quick update on the pair {image}
Ignored
WD you post these charts with all sorts of info on them but with no explanation or clarification. It would probably help others who are beginners to forex to understand your POV if you give a slight explanation with your charts. None the less thanks for the contribution.
Trade Like a Robot make money Like a Bank
  • Post #971
  • Quote
  • Feb 12, 2014 5:00pm Feb 12, 2014 5:00pm
  •  W.D.Bayer
  • | Joined Feb 2012 | Status: Nothing but hard work | 146 Posts
Quoting raz
Disliked
{quote} WD you post these charts with all sorts of info on them but with no explanation or clarification. It would probably help others who are beginners to forex to understand your POV if you give a slight explanation with your charts. None the less thanks for the contribution.
Ignored
Yup, I fail to realize things obvious to me from my own experience are hard to digest at first glance of the charts. I'll start easy.

We've got a triple uptrend failure at:
A) Broken speed angle (2x1) from 136.22 low
B) Broken trend channel support from 360deg
C) Broken 720deg horizontal support @ 139.2

I'm looking at continuation of the downtrend below the low and beyond to around 130 but that's all from the weekly chart. For this particular high (140.30) we've already covered the 360deg requirements and another test of the highs is not out of the question but the trend channel (D) has to be broken for the current low (138.66) to be confirmed. Still, I doubt that will be the case and would look to add shorts on resistance from the speed angles down (E) as well as the trend channel (D) for 137.3, the least or lower as I mentioned
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  • Post #972
  • Quote
  • Feb 12, 2014 9:43pm Feb 12, 2014 9:43pm
  •  josh1125
  • | Joined Jun 2011 | Status: Member | 158 Posts
This little consolidation zone needs to go ahead and break south...
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  • Post #973
  • Quote
  • Feb 13, 2014 12:37am Feb 13, 2014 12:37am
  •  khol_hands
  • | Joined Nov 2012 | Status: blind eyes... | 1,018 Posts
Quoting khol_hands
Disliked
{quote} preettyyyyyy
Ignored
nice volatile!!!
entered long 138.99 tp 139.37 (daily pivot)
  • Post #974
  • Quote
  • Feb 13, 2014 12:41am Feb 13, 2014 12:41am
  •  raz
  • Joined Jun 2008 | Status: Trade to Survive | 877 Posts
Quoting khol_hands
Disliked
{quote} nice volatile!!! entered long 138.99 tp 139.37 (daily pivot)
Ignored
lets see a nice jump up for you, and me thinks to short somewhere in the 139.35 to 139.40 area. If I get an entry
Trade Like a Robot make money Like a Bank
  • Post #975
  • Quote
  • Feb 13, 2014 1:03am Feb 13, 2014 1:03am
  •  raz
  • Joined Jun 2008 | Status: Trade to Survive | 877 Posts
Quoting khol_hands
Disliked
{quote} nice volatile!!! entered long 138.99 tp 139.37 (daily pivot)
Ignored
are you still gonna hold that long?
Trade Like a Robot make money Like a Bank
  • Post #976
  • Quote
  • Feb 13, 2014 1:03am Feb 13, 2014 1:03am
  •  bogus
  • Joined Mar 2007 | Status: Symbol | 2,788 Posts
I'm still short from yesterdays entry. Was close to being stopped out but still riding the short train.
FF journal: Peaks and Troffs
  • Post #977
  • Quote
  • Feb 13, 2014 1:04am Feb 13, 2014 1:04am
  •  raz
  • Joined Jun 2008 | Status: Trade to Survive | 877 Posts
Quoting bogus
Disliked
I'm still short from yesterdays entry. Was close to being stopped out but still riding the short train.
Ignored
way to hang in there!
Trade Like a Robot make money Like a Bank
  • Post #978
  • Quote
  • Feb 13, 2014 1:19am Feb 13, 2014 1:19am
  •  raz
  • Joined Jun 2008 | Status: Trade to Survive | 877 Posts
of course whenever a session opens up there is orders that fill and we shall see if she will maintain a course south or bounce up.
Trade Like a Robot make money Like a Bank
  • Post #979
  • Quote
  • Feb 13, 2014 1:47am Feb 13, 2014 1:47am
  •  bogus
  • Joined Mar 2007 | Status: Symbol | 2,788 Posts
Quoting raz
Disliked
of course whenever a session opens up there is orders that fill and we shall see if she will maintain a course south or bounce up.
Ignored
True I call it a sea change. I've brought my stop down to 139.20, I'm looking for further south, but it is taking along time, which doesn't bode well....
FF journal: Peaks and Troffs
  • Post #980
  • Quote
  • Feb 13, 2014 1:54am Feb 13, 2014 1:54am
  •  raz
  • Joined Jun 2008 | Status: Trade to Survive | 877 Posts
I shorted at 138.968 looking to close at 138.563, tight stop in place. Let see where she goes
Trade Like a Robot make money Like a Bank
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