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USD/JPY Discussion

  • #3,321
  • Aug 16, 2007 11:36pm Aug 16, 2007 11:36pm
I'm sidelined the trend is changed or at least slowed. London futures are down as are Europeans. Nikke had the largest one day loss in years.
Patience + Humility + Study = Success
  • #3,322
  • Aug 16, 2007 11:42pm Aug 16, 2007 11:42pm
Quoting DutchTrader
I'm sidelined the trend is changed or at least slowed. London futures are down as are Europeans. Nikke had the largest one day loss in years.
slowed. Small channel developing on the 15m 30m charts.

20mins more to London.

Short positions should hold. I believe that we could be looking at a sustained push towards the 111.80 range.

Short @ 112.62
  • #3,323
  • Aug 16, 2007 11:43pm Aug 16, 2007 11:43pm
Quoting leachimeewg
slowed. Small channel developing on the 15m 30m charts.

20mins more to London.

Short positions should hold. I believe that we could be looking at a sustained push towards the 111.80 range.
112 is giving it's just a matter of when
Patience + Humility + Study = Success
  • #3,324
  • Aug 16, 2007 11:43pm Aug 16, 2007 11:43pm
Quoting southernmind
Does anyone know what the London futures are doing?
DONT LET IT FOOL YOU ....RIGHT NOW THE PAIR WILL CONTINUE HEADING LOWER UNLESS WE GET AN EMERGENCY FED REPORT...OR SOMETHING KIND OF STRONG FINANCIAL NEWS,,,
DISCIPLINE IS THE KEY TO SUCCESS!!!:nerd:
  • #3,325
  • Aug 16, 2007 11:45pm Aug 16, 2007 11:45pm
Took 5 pips at .54, going to hang loose for now also.
FUBAR...
  • #3,326
  • Aug 16, 2007 11:47pm Aug 16, 2007 11:47pm
Looks like 112.65 is resistance at the moment.

G-Man
  • #3,327
  • Aug 16, 2007 11:57pm Aug 16, 2007 11:57pm
The pound has been served up for breakfast within this past hour.
  • #3,328
  • Aug 16, 2007 11:58pm Aug 16, 2007 11:58pm
Quoting G-Man
Looks like 112.65 is resistance at the moment.

G-Man

YEAH THATS WHAT IT LOOKS LIKE FOR THE MOMENT.
DISCIPLINE IS THE KEY TO SUCCESS!!!:nerd:
  • #3,329
  • Aug 17, 2007 12:01am Aug 17, 2007 12:01am
FINALLY!!!!
  • #3,330
  • Aug 17, 2007 12:02am Aug 17, 2007 12:02am
And Here We Go Again Lol:d
DISCIPLINE IS THE KEY TO SUCCESS!!!:nerd:
  • #3,331
  • Aug 17, 2007 12:06am Aug 17, 2007 12:06am
Rush for the exits.

Pound looking even weaker again today.

G-Man
  • #3,332
  • Aug 17, 2007 12:07am Aug 17, 2007 12:07am
111.95
take profit
  • #3,333
  • Aug 17, 2007 12:09am Aug 17, 2007 12:09am
:d Dude Aim High ....o Wait I Mean Low....yaeah Aim Lower.....
DISCIPLINE IS THE KEY TO SUCCESS!!!:nerd:
  • #3,334
  • Aug 17, 2007 12:10am Aug 17, 2007 12:10am
dutchtrader

what i say... london ..

lol..
  • #3,335
  • Aug 17, 2007 12:10am Aug 17, 2007 12:10am
Quoting got pips?
:d Dude Aim High ....o Wait I Mean Low....yaeah Aim Lower.....
auto take profit.. lol...
i'm working... not at home..
  • #3,336
  • Aug 17, 2007 12:11am Aug 17, 2007 12:11am
YEE-HAW!!
  • #3,337
  • Aug 17, 2007 12:11am Aug 17, 2007 12:11am
Is That Like 100 Pips In Like 15 Mins...

:d
DISCIPLINE IS THE KEY TO SUCCESS!!!:nerd:
  • #3,338
  • Aug 17, 2007 12:14am Aug 17, 2007 12:14am
London saves the day!!!!
  • #3,339
  • Aug 17, 2007 12:16am Aug 17, 2007 12:16am
Anyone buy the bounce off the S1 at 111.66?
  • #3,340
  • Aug 17, 2007 12:17am Aug 17, 2007 12:17am
The S1 is 111.66 - This traveled 219 pips to hit that target..... Now where do you think it is heading for now? - Before 17:00 ET
The Dove - Forex Trainer
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