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GBP/USD, USD/CHF, USD/JPY

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  • #9,221
  • Feb 25, 2009 10:10pm Feb 25, 2009 10:10pm
I have closed at 0 pips....I was testing to see the reaction I got and it was not what I wanted...closed at 0 pips they mihg push it higher..

Attached Image (click to enlarge)
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  • #9,222
  • Feb 25, 2009 10:13pm Feb 25, 2009 10:13pm
I am waiting on a big short of USD/JPY

Just waiting for now....
Dr. C
  • #9,223
  • Feb 25, 2009 10:16pm Feb 25, 2009 10:16pm
Quoting cvcamper
I am waiting on a big short of USD/JPY

Just waiting for now....


I would step aside for a bitt ...they seem like they whant to push it up higher ....or they are hitting b uy stop s to get large orders filled...meaning you have to use a larger stop loss then ussual or stand aside...I rather catch it at higher price ...and if it falls it means I just had to use a large stop but I am not willing to do so at the moment on this trade...
  • #9,224
  • Feb 25, 2009 10:24pm Feb 25, 2009 10:24pm
Quoting Shermenator
I would step aside for a bitt ...they seem like they whant to push it up higher ....or they are hitting b uy stop s to get large orders filled...meaning you have to use a larger stop loss then ussual or stand aside...I rather catch it at higher price ...and if it falls it means I just had to use a large stop but I am not willing to do so at the moment on this trade...
looks interesting

currently making lower high on the M1 timeframe

i`m in anyway @ 97.95
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #9,225
  • Feb 25, 2009 10:29pm Feb 25, 2009 10:29pm
Quoting djambazov84
looks interesting

currently making lower high on the M1 timeframe

i`m in anyway @ 97.95
How much does the 1 min chart mean to the market ? as in refrence of bring its own orders
  • #9,226
  • Feb 25, 2009 10:31pm Feb 25, 2009 10:31pm
Quoting Shermenator
I would step aside for a bitt ...they seem like they whant to push it up higher ....or they are hitting b uy stop s to get large orders filled...meaning you have to use a larger stop loss then ussual or stand aside...I rather catch it at higher price ...and if it falls it means I just had to use a large stop but I am not willing to do so at the moment on this trade...
I am defintley waiting, but yah....
Dr. C
  • #9,227
  • Feb 26, 2009 1:41am Feb 26, 2009 1:41am
I expect some usd weakness in the early london session ....as the day goes buy it might change a bitt....I will say when I take take a trade
  • #9,228
  • Feb 26, 2009 2:00am Feb 26, 2009 2:00am
I am now long in the gbpusd...

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  • #9,229
  • Feb 26, 2009 2:08am Feb 26, 2009 2:08am
GBPUSD...

I have now hit break even

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  • #9,230
  • Feb 26, 2009 2:10am Feb 26, 2009 2:10am
Took most of it off al with 35 pips stop at break even ....easy money like stealing candy from a baby lol

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  • #9,231
  • Feb 26, 2009 2:11am Feb 26, 2009 2:11am
Quoting Shermenator
GBPUSD...

I have now hit break even

Attachment
damn..... how did you know that? i did not see support anywhere
Dr. C
  • #9,232
  • Feb 26, 2009 2:39am Feb 26, 2009 2:39am
Watch out with anything in the yen on it....specially if attempting a trade that your buying yen...
  • #9,233
  • Feb 26, 2009 2:41am Feb 26, 2009 2:41am
Quoting Shermenator
Watch out with anything in the yen on it....specially if attempting a trade that your buying yen...
you mean yen is weakening?
  • #9,234
  • Feb 26, 2009 2:43am Feb 26, 2009 2:43am
Quoting Shermenator
Watch out with anything in the yen on it....specially if attempting a trade that your buying yen...
Im short USD/JPY at 97.92, with SL at BE......
Dr. C
  • #9,235
  • Feb 26, 2009 2:45am Feb 26, 2009 2:45am
Quoting cvcamper
Im short USD/JPY at 97.92, with SL at BE......

Then your good your at Break even
  • #9,236
  • Feb 26, 2009 2:53am Feb 26, 2009 2:53am
Up 88 pips ....stop at 45 pips in the remainder piece...

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  • #9,237
  • Feb 26, 2009 3:22am Feb 26, 2009 3:22am
Just closed it....made good pips...

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  • #9,238
  • Feb 26, 2009 3:27am Feb 26, 2009 3:27am
hi sherm,

curious to know why u mentioned about the danger with yen pairs just now.
  • #9,239
  • Feb 26, 2009 3:29am Feb 26, 2009 3:29am
Quoting hwsv07
hi sherm,

curious to know why u mentioned about the danger with yen pairs just now.
Because of the condition it has shown us earlier this days as well as the movement thrue certain support and resistance levels
  • #9,240
  • Feb 26, 2009 3:45am Feb 26, 2009 3:45am
Pay attnetion to this pair.....MK level ( money maker)

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