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  • #4,101
  • Aug 12, 2010 2:04am Aug 12, 2010 2:04am
Quoting forexclover
I have a long from 109.56
Hi Forexclover, may i know where did you put your SL and TP?

John
  • #4,102
  • Aug 12, 2010 2:08am Aug 12, 2010 2:08am
Quoting Cod
Right on time, that post always brings out the bulls. Just as the last retail bull speculator leaves the parking lot the party gets started.
lol... right..
Few days ago everyone were telling about their long targets..
It changed suddenly and now everyone want to short this baby..
I suggest dont talk about 500 pips targets and talk about their daily targets..
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy.gif Size: 27 KB
totutu
  • #4,103
  • Aug 12, 2010 2:13am Aug 12, 2010 2:13am
Quoting John Ang
Hi Forexclover, may i know where did you put your SL and TP?
John
SL moved to entry now 109.56
No target now..
totutu
  • #4,104
  • Aug 12, 2010 2:17am Aug 12, 2010 2:17am
Quoting Cod
Right on time, that post always brings out the bulls. Just as the last retail bull speculator leaves the parking lot the party gets started.

~100 pips is hardly a party ....


I still fancy the main gala event will begin sub 109.00 ....
  • #4,105
  • Aug 12, 2010 2:19am Aug 12, 2010 2:19am
Bullish Butterfly.. Its target is 114.00-115.00 area..
This butterfly will fail if the pair goes down below 108.46.
Yesterday also I got a bullish butterfly and it failed beautifully and I lost some good pips.
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy.gif Size: 30 KB
totutu
  • #4,106
  • Aug 12, 2010 2:22am Aug 12, 2010 2:22am
Quoting Warwick
~100 pips is hardly a party ....


I still fancy the main gala event will begin sub 109.00 ....
true, i am looking for the resumption of the fall.

Lets see what London thinks about this rally.
  • #4,107
  • Aug 12, 2010 2:34am Aug 12, 2010 2:34am
Quoting Cod
true, i am looking for the resumption of the fall.

Lets see what London thinks about this rally.

..It appears that powers to be are less patient than you or I.


Still I wait...
  • #4,108
  • Aug 12, 2010 3:39am Aug 12, 2010 3:39am
Quoting turboguru
Guys I see alot of post in here today and the only thing I saw was alot of long trades getting wipped the last 2 days it has been a strong trend down so why try to step in front of a train, catch a falling knife etc. Why not stay with the shorts if you watch futs which the EJ follows well the longs would have never been attempted. Its easier to wait for a move up or wave to see if its even going to attempt a reversal. All I can say is Patients,Patients,Patients. I would bet if yall study your losses they are against your rules its easier to trade...
WATCH YOUR TONE AND YOUR DELIVERY... Before you piss somebody off!
Make money or go broke... its the Forex way.
  • #4,109
  • Aug 12, 2010 3:55am Aug 12, 2010 3:55am
It seems..... the fall is back....
  • #4,110
  • Aug 12, 2010 3:59am Aug 12, 2010 3:59am
Quoting James Pier
It seems..... the fall is back....
It's because of this:

"Aug 12 (Reuters) - Japanese Finance Minister Yoshihiko Noda will hold a news conference from 5:30 p.m. (0830 GMT) on Thursday, the ministry said.

It did not give a reason for the news conference.

The Bank of Japan checked dollar/yen rates with banks in the foreign exchange market on Thursday in a way that went beyond its usual contact with them, market sources said.

Earlier on Thursday, the dollar quickly rose about 30 pips to around 85.40 yen.

It was steady on the day at 85.35 yen JPY=, having pulled up from a 15-year low of 84.72 yen hit on trading platform EBS on Wednesday.

Source"


That resulted in this: http://www.forexlive.com/125049/all/...x-intervention
Doing what you like is Freedom. Liking what you do is Happiness.
  • #4,111
  • Aug 12, 2010 4:01am Aug 12, 2010 4:01am
Quoting Cod
Right on time, that post always brings out the bulls. Just as the last retail bull speculator leaves the parking lot the party gets started.

Yea got to love those bulls A hahahahahhaha
  • #4,112
  • Aug 12, 2010 4:04am Aug 12, 2010 4:04am
Quoting Fxmastersclb
WATCH YOUR TONE AND YOUR DELIVERY... Before you piss somebody off!


Watch yours,no tone intended and delivery was about patients maybe re-read the post.
  • #4,113
  • Aug 12, 2010 4:05am Aug 12, 2010 4:05am
yesterday was typical risk aversion and in that type on scenario, you dont buy jpy crosses rather you sell am on the sell side for now
  • #4,114
  • Aug 12, 2010 4:06am Aug 12, 2010 4:06am
Quoting Popularhelen
yesterday was typical risk aversion and in that type on scenario, you dont buy jpy crosses rather you sell am on the sell side for now

heer,heer
  • #4,115
  • Aug 12, 2010 4:06am Aug 12, 2010 4:06am
its going down
  • #4,116
  • Aug 12, 2010 4:11am Aug 12, 2010 4:11am
Quoting MasterOfFibo
its going down
At a guess I'd say those with real power, who were listening to that special news conference were expecting some sort of address about the possibiity of intervention of some sort....all they got was a 'No Comment'. Now they are being punished!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #4,117
  • Aug 12, 2010 4:17am Aug 12, 2010 4:17am
Japan govt official: yen rise could call for steps
reuters.com - submitted 7 min ago


Japan PM decries sudden yen gains as 'rough'
reuters.com - submitted 8 min ago

Doing what you like is Freedom. Liking what you do is Happiness.
  • #4,118
  • Aug 12, 2010 4:18am Aug 12, 2010 4:18am
with more bad news coming out of europe now, 127 is here wont be surprised if we see 107 on eur/jpy and 08900 level on aussie
  • #4,119
  • Aug 12, 2010 4:21am Aug 12, 2010 4:21am
Quoting Popularhelen
with more bad news coming out of europe now, 127 is here wont be surprised if we see 107 on eur/jpy and 08900 level on aussie
Add to that the US Unemployent claims in a few hours.....if that's bad too
Doing what you like is Freedom. Liking what you do is Happiness.
  • #4,120
  • Aug 12, 2010 4:51am Aug 12, 2010 4:51am
Quoting Fxmastersclb
I just looked @ my history and it's pretty good, I think anyway. From 7/25 until 8/11 I made 75 trades and I missed 3, and of the 75 I hit 63 in a row. Before that I hit 25 in a row and missed 1; and 40 missing 1. I like to see how many trades I can go w/o missing. Who cares right... Oh well, I'll just clap for myself.
Looking your succes carrier, I would like to ask you to please post your future deals and so help to these poor people (a lot of us) to be a little less poor.

Pleaseee.
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