Attachments: EUR/JPY Anytime!

EUR/JPY Anytime!

#2,241
May 5, 2010 7:23am May 5, 2010 7:23am

TheGuy
| Joined Apr 2010 | Status: Trader | 14 Posts

I think you nailed it much better than I did, I still think it should move up am a bit down with CHF/JPY aswell, traded on small lots though as the jumps are high

#2,242
May 5, 2010 7:55am May 5, 2010 7:55am

TheGuy
| Joined Apr 2010 | Status: Trader | 14 Posts

and down we gooo, luckily noticed the drop, guess it will be the same as yeasterday

#2,243
May 5, 2010 8:00am May 5, 2010 8:00am

allamr
| Joined Feb 2009 | Status: Trader | 5 Posts

Quoting Batyu

Disliked

Al

Ignored

Thanks Allamr, but i think, it's not wonderful. Usually 1 pair move 3 - 400 pips/10 h
The 150 not too mutch. (my target 300 pip/day)
Long from 122.44 to .80, 123.15? What do you think?[/quote]

Hi Batyu, as a new member I must always wait until my reply is accepted... so we are not in time... so if I aswer you it takes some time - 30 minutes or longer - so my reply comes always to late.... we have now a pretty good breakdown that could last some time...

Al

#2,244
May 5, 2010 8:10am May 5, 2010 8:10am

allamr
| Joined Feb 2009 | Status: Trader | 5 Posts

Quoting allamr

Disliked

Thanks Allamr, but i think, it's not wonderful. Usually 1 pair move 3 - 400 pips/10 h
The 150 not too mutch. (my target 300 pip/day)
Long from 122.44 to .80, 123.15? What do you think?

Ignored

Hi Batyu, as a new member I must always wait until my reply is accepted... so we are not in time... so if I aswer you it takes some time - 30 minutes or longer - so my reply comes always to late.... we have now a pretty good breakdown that could last some time...

Al[/quote]

Just took 33 pips out of that breakdown... I don't like to count pips... I have currenex as a platform so what I want to see is if my profit/lost balance is green and this is always shown in money, in this case in yen. As I have to pay for the transactions I must try to stay in the green zone so every green amount is already positive...

Al

#2,245
May 5, 2010 9:31am May 5, 2010 9:31am

mrbandwidth
| Joined Feb 2010 | Status: Trader | 1,085 Posts

Possible Inverted Head&Shoulders pattern... => long when breaking the neckline

Timeframe: 1 min
Neckline: 121.6
Profit Target: 122.6

Mr B

Use me as a contrarian indicator

#2,246
May 5, 2010 9:56am May 5, 2010 9:56am

Batyu
| Joined May 2010 | Status: Trader | 7 Posts

"as a new member I must always wait until my reply is accepted... so we are not in time..." <-- you right.

i closed my long at .82 huh

thanks for God.

little H&S: maybe it's right, but "he" must go down .06, before go up i think.
The panic is not over ...

#2,247
May 5, 2010 10:36am May 5, 2010 10:36am

Petar_Serbia
| Commercial User | Joined May 2009 | 5,751 Posts

I think this will be good retrace zone for EURJPY becouse we are on very good trendline

See picture >

We will see

Cheers

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"Buy on fear, sell on greed !!!

#2,248
May 5, 2010 1:01pm May 5, 2010 1:01pm

aiyahmarklah
Joined Jan 2008 | Status: Trader | 1,043 Posts

Quoting Petar_Serbia

Disliked

I think this will be good retrace zone for EURJPY becouse we are on very good trendline

See picture >

We will see

Cheers

Ignored

I saw that too, however will the chart pattern experts tell me if that looked like an inverse cup and handle pattern ?

#2,249
May 5, 2010 1:11pm May 5, 2010 1:11pm

Batyu
| Joined May 2010 | Status: Trader | 7 Posts

Quoting Petar_Serbia

Disliked

I think this will be good retrace zone for EURJPY becouse we are on very good trendline

See picture >

We will see

Cheers

Ignored

Professional Petar, i hope you right. If Garmany accept the financial aid before Friday, (and Slovakia do the same) we can go up i think.
I made an analyzis 2 weeks ago, i thinked the end of the fallen is around 120.93. "he" have a support is 120.67. (i now learning that, so i am not trust myself)
What 'll doing, if make a deeper bottom?

#2,250
May 5, 2010 3:00pm May 5, 2010 3:00pm

allamr
| Joined Feb 2009 | Status: Trader | 5 Posts

Quoting Batyu

Disliked

Professional Petar, i hope you right. If Garmany accept the financial aid before Friday, (and Slovakia do the same) we can go up i think.
I made an analyzis 2 weeks ago, i thinked the end of the fallen is around 120.93. "he" have a support is 120.67. (i now learning that, so i am not trust myself)
What 'll doing, if make a deeper bottom?

Ignored

Hi Batyu,

well, everything in this business is about probabilities... I guess as far as I can see the relation S/R that the last support will be between 119,66 and 119,76... this could be the beginning of an uptrend... of course including the fundamentals...

Batyu, the reason why I also don't think in pips is this: when I scalp I enter with I very high % of my actual account and sometimes a few pips are enought for the day...

#2,251
May 5, 2010 6:09pm May 5, 2010 6:09pm

Lejumeau
| Joined Jan 2009 | Status: Trader | 423 Posts

Quoting Lejumeau

Disliked

Keeping a close eyes on my 2 short position one is 255pip and the second 170pip in profit. lets see if we still can move a bit further or we will have a rebound up.

Ignored

Ok I just close my two position today at 120.25= 560pips and second position for 475pips gains so far this I open my position the 30 of april so this is a 6 days trade.

I will get you back with the indicator I'm testing it is the Belkhayate center gravity and the value chart from Belkhayate also, if you search on the net you will find it also.

right now I'm in a middle of a competition qualification you can see the top leader at this link http://www.surefiretradingchallenge.com/chart/

I'm using the same user Id lejumeau we are about 1200 contestant and only the top 20 will go for the next round.

so I need your acouragement guy.

Attached Image (click to enlarge)

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Size: 33 KB

Attached File(s)

Belkhayate Gravity Center Value.zip 3 KB | 410 downloads

#2,252
May 5, 2010 6:24pm May 5, 2010 6:24pm

Lejumeau
| Joined Jan 2009 | Status: Trader | 423 Posts

If you are going to use the center gravity indicator it does repaint but it is a good indicator if you now how to use it go on youtube type in Belkhayate center gravity and you will see is video on how to read is indicator, first you should use only on 4hr or up not lower time frame unless you can read the market volatility pretty good.

the value chart indicator do not repaint,

I will give you the pdf but it is in french but you can see the graphic it is pretty
easy to understand

but you have to use some kind of other skill to confirm your trade
so just to make the point that you need to use your common sense.
but it is good to tell you when we are getting into an overbought or oversell area.

Attached File(s)

centre-gravite.pdf 294 KB | 3,160 downloads

#2,253
May 5, 2010 8:01pm May 5, 2010 8:01pm

Lejumeau
| Joined Jan 2009 | Status: Trader | 423 Posts

Back in the field Ok I just open a buy order at 120.23 -the trend line is really clean at the bottom and we are for sure in quite oversold area so if you go for a position in a oversold always go for buy you have more chance to be right, so i'm going for a little retrace of 25 to 50 pip up and depend of the price action I will then adjust.

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#2,254
May 5, 2010 8:13pm May 5, 2010 8:13pm

Rabah
| Joined Jul 2006 | Status: Trader | 3 Posts

Here is the same document, only in english

Attached File(s)

How to use BELKHAYATE Indicators.pdf 307 KB | 7,000 downloads

#2,255
May 5, 2010 8:14pm May 5, 2010 8:14pm

desiguy
| Joined Feb 2010 | Status: Trader | 12 Posts

Lejumeau

short but nice setup. i was too late for that.

thanks for sharing

#2,256
May 5, 2010 8:32pm May 5, 2010 8:32pm

Lejumeau
| Joined Jan 2009 | Status: Trader | 423 Posts

close my buy for a 10 pip the volatility is getting a bit freaky few 10-15pip one minute candle so I close for safe. see a bit later

#2,257
May 5, 2010 10:21pm May 5, 2010 10:21pm

turboguru
| Joined Aug 2008 | Status: Trader | 555 Posts

Quoting Lejumeau

Disliked

Ok I just close my two position today at 120.25= 560pips and second position for 475pips gains so far this I open my position the 30 of april so this is a 6 days trade.

I will get you back with the indicator I'm testing it is the Belkhayate center gravity and the value chart from Belkhayate also, if you search on the net you will find it also.

right now I'm in a middle of a competition qualification you can see the top leader at this link http://www.surefiretradingchallenge.com/chart/

I'm using the same user Id lejumeau we are about...

Ignored

dude 2 awsome trades very nice patients here.