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EurJpy Statistical Probability Trading With Price Action

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  • Post #41
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  • Oct 30, 2007 2:04am Oct 30, 2007 2:04am
  •  goodthings
  • Joined Aug 2006 | Status: Member | 1,852 Posts
Looking to see if it is a retracement off yesterdays bull run are if it will make a strong break to the bottom side beyond the 61.8 fib of the daily.
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  • Post #42
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  • Oct 30, 2007 3:12am Oct 30, 2007 3:12am
  •  goodthings
  • Joined Aug 2006 | Status: Member | 1,852 Posts
Its made a nice break below the daily 61.8 fib. Looking at TP at weekly fibs.
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  • Post #43
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  • Oct 30, 2007 3:46am Oct 30, 2007 3:46am
  •  goodthings
  • Joined Aug 2006 | Status: Member | 1,852 Posts
On the weekly still waiting for this area to be filled
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  • Post #44
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  • Oct 30, 2007 6:32am Oct 30, 2007 6:32am
  •  goodthings
  • Joined Aug 2006 | Status: Member | 1,852 Posts
Shorted EurJpy stopped out with loss.
 
 
  • Post #45
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  • Oct 30, 2007 6:42am Oct 30, 2007 6:42am
  •  M.A.C.Doug
  • Joined Jul 2007 | Status: Member | 1,685 Posts
price has failed to make a new high today. If this current attempt fails I will enter short below the central pivot after the line breaks and the 533 stoch turns down out of overbought. Thanks for all the stats on this pair, very helpful information
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  • Post #46
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  • Oct 30, 2007 4:36pm Oct 30, 2007 4:36pm
  •  mhughes104
  • | Joined Dec 2006 | Status: Member | 59 Posts
Nice call on your 165.81 mark it was almost right on
Greed Kills
 
 
  • Post #47
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  • Last Post: Edited Oct 31, 2007 1:39am Oct 30, 2007 5:42pm | Edited Oct 31, 2007 1:39am
  •  goodthings
  • Joined Aug 2006 | Status: Member | 1,852 Posts
Quoting mhughes104
Disliked
Nice call on your 165.81 mark it was almost right on
Ignored
It could still go either way still. Will see how things set up in the next few hours. Still thinking weekly fibs based on Statistical Probabilities (see post 40).
 
 
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