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USD/JPY Discussion

  • #2,141
  • Aug 7, 2007 2:07pm Aug 7, 2007 2:07pm
This is crazy...
  • #2,142
  • Aug 7, 2007 2:09pm Aug 7, 2007 2:09pm
Quoting trader07
This is crazy...
and exciting. It gives me such an adrenaline rush.
  • #2,143
  • Aug 7, 2007 2:11pm Aug 7, 2007 2:11pm
Quoting Pipsqueak
and exciting. It gives me such an adrenaline rush.
Imagine if you were trading right now... LOL!
  • #2,144
  • Aug 7, 2007 2:12pm Aug 7, 2007 2:12pm
watch this

Inserted Video
  • #2,145
  • Aug 7, 2007 2:15pm Aug 7, 2007 2:15pm
Quoting dove_alliance
At this time I have no idea...... Just have to wait until Tokyo comes in at 20:00 ET

My guess for right now it will remain between the two pivots.
after it went down, at exactly 61 fibs (15 min chart today) it went up again..

some one bought a chunk of usd.

So carry trade lives on ? ..
Pipology 101 student
  • #2,146
  • Aug 7, 2007 2:19pm Aug 7, 2007 2:19pm
The 117.88 is the weekly central pivot.... So far it has bounced between the S1 - 117.22 and the R1 - 119.09 and so far it has been staying above the 117.88
The Dove - Forex Trainer
  • #2,147
  • Aug 7, 2007 2:26pm Aug 7, 2007 2:26pm
Quoting kreeper_6
watch this

http://youtube.com/watch?v=SWksEJQEYVU
Wow...
  • #2,148
  • Aug 7, 2007 2:29pm Aug 7, 2007 2:29pm
We may have to wait till Tokyo.
  • #2,149
  • Aug 7, 2007 2:35pm Aug 7, 2007 2:35pm
Quoting kreeper_6
watch this

http://youtube.com/watch?v=SWksEJQEYVU
This guy got into the wrong career. He should have been a comedian.
  • #2,150
  • Aug 7, 2007 2:38pm Aug 7, 2007 2:38pm
Quoting trader07
Wow...
What an actor...Has anybody read Cramers autobiography? He talks about his experiences running a hedge fund during LTCM's meltdown and how his hedge fund almost liquidated during that crisis.

Now he is telling me that this subprime mess is the worst since 1990? Cramer is an actor that plays to the fears and emotions of the dumb money listening to the soap opera that is CNBC.

Paul
  • #2,151
  • Aug 7, 2007 2:39pm Aug 7, 2007 2:39pm
Quoting Pipsqueak
This guy got into the wrong career. He should have been a comedian.
A comedian? Why...You think 7 million people potentially losing their homes is funny?
  • #2,152
  • Aug 7, 2007 2:40pm Aug 7, 2007 2:40pm
I got in at the 118.61 without a limit I was going to close at the central now I'll wait to see about the 119.09
The Dove - Forex Trainer
  • #2,153
  • Aug 7, 2007 2:43pm Aug 7, 2007 2:43pm
Quoting kreeper_6
A comedian? Why...You think 7 million people potentially losing their homes is funny?
It's not what he said. It's how he said it.
  • #2,154
  • Aug 7, 2007 2:46pm Aug 7, 2007 2:46pm
I like your move on that Dove, But I'm still waiting for the 119 before move
  • #2,155
  • Aug 7, 2007 2:47pm Aug 7, 2007 2:47pm
I went ahead and close the trade. It is hard to know for right now.
The Dove - Forex Trainer
  • #2,156
  • Aug 7, 2007 2:50pm Aug 7, 2007 2:50pm
Good thing you did its dipping a bit. As humans we are impatient, but good things come to those who wait. I believe tonight will have a much more agressive movement.
  • #2,157
  • Aug 7, 2007 2:51pm Aug 7, 2007 2:51pm
Quoting Diesel Pips
Good thing you did its dipping a bit. As humans we are impatient, but good things come to those who wait. I believe tonight will have a much more agressive movement.
I agree, particularly with Europe and Asia on tap. I dipped in and made a few pips on the short towards 118
Patience + Humility + Study = Success
  • #2,158
  • Aug 7, 2007 3:06pm Aug 7, 2007 3:06pm
Quoting dove_alliance
I went ahead and close the trade. It is hard to know for right now.
Dove

Will you trade today before 17:00 EST?
  • #2,159
  • Aug 7, 2007 3:14pm Aug 7, 2007 3:14pm
Quoting moneypip
Dove

Will you trade today before 17:00 EST?
Yep - I'm in again this time with the limit for the central.
The Dove - Forex Trainer
  • #2,160
  • Aug 7, 2007 3:15pm Aug 7, 2007 3:15pm
For right now this thing is up with continuous retrace off the central
The Dove - Forex Trainer
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