- #8,703
- Jun 20, 2008 3:55am Jun 20, 2008 3:55am
- | Membership Revoked | Joined Sep 2006 | 1,802 Posts
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- #8,705
- Jun 20, 2008 5:10am Jun 20, 2008 5:10am
- | Membership Revoked | Joined Sep 2006 | 1,802 Posts
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USD/JPY touched 107.57 a few minutes ago. Do We go to 107.00 or 106.00 today ? Are We going to 106.00 before we see 109.00 again ? Will we ever see 110.00 again in the next 6 months ? Will the Dow go to 11,000 ?
If it does, USD/JPY goes to 104.00 as Yen Carry Trade Unwinds !!!
Good Trading Day Everyone
Bruce
,we might go down now , nothing for sure anyway...but becarefull guys its a very critical point now...
pip and run ....
- #8,711
- Jun 20, 2008 12:36pm Jun 20, 2008 12:36pm
Down USD/JPY falls
I bet Schminner is starting to feel a little pressure come off...
Only made about 30 PIPs this morning - hopefully others are doing well!
... and I hope Warren is right about it possibly going down to 104 because of carry trades unwinding .... 
Hope everyone else is doing well.
- #8,714
- Jun 20, 2008 1:47pm Jun 20, 2008 1:47pm
- Joined Apr 2007 | Status: RCMM (Risk Analysis Money Manager) | 2,556 Posts
- #8,720
- Edited 6:43am Jun 21, 2008 6:40am | Edited 6:43am
- | Membership Revoked | Joined Sep 2006 | 1,802 Posts
thank god
wishing you all the pips in the market...
Mr.Warren...any ideas for the next week ?? your tips are very useful all the time ..many thanx in advance...
First off with respect my self chosed mandate is to assist FX traders to improve their trading. I do not tell in advance what will happen since things can change in a second on new news released just as happened with the release of the UK VERY HIGH Retail Sales number.
I can assist you if you would like to come by my home thread on Forex Factory called "Knowledge Is Power" I post there during FX trading hours and there is a great amount of minute by minute information. This includes fundamental and technical information as well. There are many other members of Forex Factory that also post there and offer valuable knowledge.
The best way to help is to teach through a Demo Account so your trading can improve without financial risk while you continue to learn and improve.
To start the process in an organized way, I opened a Demo Account recently and with $100,000 US Dollars placed in it for me by the Currency House whose Demo Platform I am using, I started trading the account June 9, 2008
While you might not match my results which in 11 days to June 20, 2008 reached a Net Profit Level of $12,640.40 US Dollars on 126 FX trades done between June 9, 2008 and June 20, 2008. All of my closed FX trades which includes EUR/USD long and USD/JPY short were winning trades. I still have 4 open positions at a drawdown of $2,190.94 US Dollars.
The Net Equity in my Demo Account is $110,449.71 US Dollars.
I just generated a report off of my Demo Account and I will shortly post the PDF file of my 126 Winning FX trades in a row on "Knowledge Is Power" thread and if you are interested you can go there and examine what I did to achieve $12,640.64 US Dollars in Demo Net Profits in 11 days.
Some other posters have opened Demo Accounts and posted their opening balances there.
I am starting on Monday June 23, 2008 to try to see if I can assist those trading their Demo Account to reach a Net Profit Level of 10% a month.
You are welcome to join the class that hopefully will graduate in six months or less to the EXCLUSIVE "5% Club"
Have A Great Weekend and hope to see you soon.
Bruce
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