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  • #421
  • Dec 6, 2009 10:43pm Dec 6, 2009 10:43pm
looks like an ambush has taken place before the 133.58 area, radio intercepts suggests the bears have called in reinforcement, hope they arrive b4 the break and close of 133.86, looks like they just arrive, lets see how this power tussle will play out in a range-like manner of up and down till one side run for cover initially.
  • #422
  • Dec 6, 2009 11:01pm Dec 6, 2009 11:01pm
See you guys later, left my position open with SL at 133.94, have to rest a bit now, maybe when i come back my SL would have been taken, but hey already banked some pips, the week is still very young..
  • #423
  • Dec 6, 2009 11:02pm Dec 6, 2009 11:02pm
Quoting micahio
looks like an ambush has taken place before the 133.58 area, radio intercepts suggests the bears have called in reinforcement, hope they arrive b4 the break and close of 133.86, looks like they just arrive, lets see how this power tussle will play out in a range-like manner of up and down till one side run for cover initially.


ABCD..
  • #424
  • Dec 7, 2009 4:24am Dec 7, 2009 4:24am
OK guys i am just back from school and 50 pips profit

As i said yesterday think i have valid Eliot Wave for this week on 8H chart...



I will show youy picture before and after



Cheers
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Elioteurjpy.GIF Size: 62 KB
Click to Enlarge Name: Eliottt.GIF Size: 44 KB
"Buy on fear, sell on greed !!!
  • #425
  • Dec 7, 2009 4:33am Dec 7, 2009 4:33am
  •  Tuner
  • | Joined Nov 2009 | Status: Love it when a plan comes together | 709 Posts
Quoting Petar_Serbia
OK guys i am just back from school and 50 pips profit

As i said yesterday think i have valid Eliot Wave for this week on 8H chart...



I will show youy picture before and after



Cheers

Hey Petar...
Good job!
Also took a short last night.. from 134 down to 133.20
For now i am LONG... what are your targets for that baby?
"Blue Horseshoe loves Anacott Steel!"
  • #426
  • Dec 7, 2009 5:00am Dec 7, 2009 5:00am
Quoting Tuner
Hey Petar...
Good job!
Also took a short last night.. from 134 down to 133.20
For now i am LONG... what are your targets for that baby?
I didnt take any trade now,i will wait news to finish and then if i see chance,i will open trade...For now i go to sleep...


Good piping
"Buy on fear, sell on greed !!!
  • #427
  • Dec 7, 2009 5:03am Dec 7, 2009 5:03am
Quoting Mr.C
Hello and respect everyone. My first post here.
If my eyes don't lie, there's a decent ascending channel on Eur/Jpy. If the price will reach 134.820 will try to take a short position from there. If not and will go down, short from 133.180 after the black lower TL is broken because it has already got 4 touches.
My most optimistic scenario would be to get both short positions. First at the 134.820 and then to put some more "weight" with another short order at the 133.180.
Won't put reverse order on 1st short as it is not recommended for this...
Quoting dstryr
Lol you do realize youd get way out of playing that channel to the upside right then you do trying to sell?
A bit disappointed that my 1st short hasn't been hit. The scenario stayed the same but had a chance to be at my desk so have put my orders a bit higher. My 2nd short went from 133.50 this time with the same 20 pips SL. My TP for 60 pips at 132.90 as the price found a support line at around 132.84 (that has been resistance and support earlier on) and bounced from it.
Still happy with a 2.8% + on my account.
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy_091207_h1_channel.gif Size: 11 KB
Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
  • #428
  • Dec 7, 2009 5:09am Dec 7, 2009 5:09am
Quoting Mr.C
A bit disappointed that my 1st short hasn't been hit. The scenario stayed the same but had a chance to be at my desk so have put my orders a bit higher. My 2nd short went from 133.50 this time with the same 20 pips SL. My TP for 60 pips at 132.90 as the price found a support line at around 132.84 (that has been resistance and support earlier on) and bounced from it.
Still happy with a 2.8% + on my account.
good job my friend just keep to rush Forex



Cheers
"Buy on fear, sell on greed !!!
  • #429
  • Dec 7, 2009 5:18am Dec 7, 2009 5:18am
Quoting Tuner
Hey Petar...
Good job!
Also took a short last night.. from 134 down to 133.20
For now i am LONG... what are your targets for that baby?
138 in january I think
  • #430
  • Dec 7, 2009 5:19am Dec 7, 2009 5:19am
Quoting Petar_Serbia
good job my friend just keep to rush Forex



Cheers
Thanks. Good luck to everyone, trade well and see you around. Later..
Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
  • #431
  • Edited 10:28am Dec 7, 2009 10:09am | Edited 10:28am
I'm currently short at 133.02. I entered back at 1405GMT. TP at 132.66 / Initial SL at 133.25 I recognized that head and shoulders on the 30M chart. No support and resistance. I know, almost crazy method... Anyone else?
  • #432
  • Dec 7, 2009 10:17am Dec 7, 2009 10:17am
Quoting forexfortson
I'm currently short at 133.02. I entered back at 1405GMT. TP at 133.66 / Initial SL at 133.25 I recognized that head and shoulders on the 30M chart. No support and resistance. I know, almost crazy method... Anyone else?
Hi Forexfortston,

My advice hold short to the news and then put SL on +1 and go to party
"Buy on fear, sell on greed !!!
  • #433
  • Dec 7, 2009 10:21am Dec 7, 2009 10:21am
Shorting EJ 132.70 SL 133.30
  • #434
  • Dec 7, 2009 10:21am Dec 7, 2009 10:21am
Quoting forexfortson
I'm currently short at 133.02. I entered back at 1405GMT. TP at 133.66 / Initial SL at 133.25 I recognized that head and shoulders on the 30M chart. No support and resistance. I know, almost crazy method... Anyone else?

yeah, i think short is not a bad idea, am short@ 133.25, targeting 132.60, and 131.77
  • #435
  • Dec 7, 2009 10:24am Dec 7, 2009 10:24am
Quoting micahio
yeah, i think short is not a bad idea, am short@ 133.25, targeting 132.60, and 131.77
Moved stop to 132.95
  • #436
  • Dec 7, 2009 10:32am Dec 7, 2009 10:32am
Quoting Petar_Serbia
Hi Forexfortston,

My advice hold short to the news and then put SL on +1 and go to party
You think it will keep dropping?? +1 SL is tight as a fly's rear end.
  • #437
  • Dec 7, 2009 10:40am Dec 7, 2009 10:40am
Quoting forexfortson
You think it will keep dropping?? +1 SL is tight as a fly's rear end.
Hahah ROFL

Yea i think maybe drop on the news but this is Forex you never know
"Buy on fear, sell on greed !!!
  • #438
  • Dec 7, 2009 10:44am Dec 7, 2009 10:44am
Quoting forexfortson
You think it will keep dropping?? +1 SL is tight as a fly's rear end.
yeah, thats right, cos i think the bulls will want to protect the 131.77 area before price gets there to stand a fair chance, but the bear will try the 132.05 area before anything else, [email protected],lets see how it goes...

Tiny bullosh divergence being played out in lower TF, watching...
  • #439
  • Dec 7, 2009 10:49am Dec 7, 2009 10:49am
Look at the picture ahahha
Attached Image
"Buy on fear, sell on greed !!!
  • #440
  • Dec 7, 2009 10:49am Dec 7, 2009 10:49am
Hi guys...on 4h looks bearish...happy pipi'n
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