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  • #301,141
  • Oct 5, 2010 2:36pm Oct 5, 2010 2:36pm
Quoting Z3iz3i
Really good post!
Thanks, bud.
check out my blog: forexmademillionaire dot com
  • #301,142
  • Oct 5, 2010 2:37pm Oct 5, 2010 2:37pm
Quoting Geppy
Thanks, bud.
I also like your posts! Learned quite abit from reading them.
I hope you will keep posting
  • #301,143
  • Oct 5, 2010 2:38pm Oct 5, 2010 2:38pm
Quoting Sunsi
I also like your posts! Learned quite abit from reading them.
I hope you will keep posting
Thanks, Sunsi. I'm usually in the GBP/JPY thread but that pair has been such a bore to trade that I've been wondering around in the Cable and Fiber threads too.
check out my blog: forexmademillionaire dot com
  • #301,144
  • Oct 5, 2010 2:38pm Oct 5, 2010 2:38pm
Quoting Sunsi
How lng do you think it will take before we can go to 1.3790?
And do you think it will go trough R2 at 3832 without any problems?
Just gone through it and pretty rapidly if the last cpl of M5 bars are anything to go by...
  • #301,145
  • Oct 5, 2010 2:40pm Oct 5, 2010 2:40pm
just wanted to share the obvious picture as per my chart: Price bounced off resistence at Kijun Sen (blue line) 5 candles ago. (confirmed long position from Sep 15 still valid)
Attached Image (click to enlarge)
Click to Enlarge Name: 101005_eurusd_h4.gif Size: 45 KB
  • #301,146
  • Oct 5, 2010 2:40pm Oct 5, 2010 2:40pm
Quoting Geppy
Thanks, Sunsi. I'm usually in the GBP/JPY thread but that pair has been such a bore to trade that I've been wondering around in the Cable and Fiber threads too.
I see.
I like the EU, and GU best myself. Most volatility, so easier for daytrading I feel.
Why do you like GBP/JPY? Is it a good pair to trade ?
  • #301,147
  • Oct 5, 2010 2:43pm Oct 5, 2010 2:43pm
Quoting gatorinla
w/o a new top.. pullback to 3824 and mid at 3841 with respect.. this would be #1... #2 mid is 3824 and target at 3790
38051 may be a strong support.. if not bulls are sleeping.
those who can, do. those who cant, talk about those who can
  • #301,148
  • Oct 5, 2010 2:44pm Oct 5, 2010 2:44pm
Quoting FibbinArchie
Just gone through it and pretty rapidly if the last cpl of M5 bars are anything to go by...
What did you mean with the 5min bars?

Ya seems to be belo now! That is good, hoping bouth the 4h and 1h candle will close well below.
  • #301,149
  • Oct 5, 2010 2:44pm Oct 5, 2010 2:44pm
Quoting Sunsi
I see.
I like the EU, and GU best myself. Most volatility, so easier for daytrading I feel.
Why do you like GBP/JPY? Is it a good pair to trade ?
Generally speaking GBP/JPY is much more volatile than either EU or GU. It's just been asleep lately.
check out my blog: forexmademillionaire dot com
  • #301,150
  • Oct 5, 2010 2:46pm Oct 5, 2010 2:46pm
I'm back on the right side of the EURO, the LONG side
  • #301,151
  • Oct 5, 2010 2:47pm Oct 5, 2010 2:47pm
Quoting Sunsi
How lng do you think it will take before we can go to 1.3790?
And do you think it will go trough R2 at 3832 without any problems?
i dont know.. i do know 3855 was in the sequence that turned us around at 33339.. i do know in the order of the sequence 3855 is a stronger position then 33339 was. i do know 33339 was a wtf moment.
those who can, do. those who cant, talk about those who can
  • #301,152
  • Oct 5, 2010 2:47pm Oct 5, 2010 2:47pm
Quoting Geppy
Generally speaking GBP/JPY is much more volatile than either EU or GU. It's just been asleep lately.
I guess I should take a look at then then
Do you have a broker with a good spread? My broker offers: 6 pips...
  • #301,153
  • Oct 5, 2010 2:51pm Oct 5, 2010 2:51pm
I had the need to recount the waves.

We are now in a wave 4 with target of 1.3794 or 1.3764

Then up for wave 5 with possible target of 1.3855 to 1.3916


I have pictures on my blog, f you feel the need.
  • #301,154
  • Oct 5, 2010 2:58pm Oct 5, 2010 2:58pm
Bulls fell asleep, possible bearish reversal on H4
  • #301,155
  • Oct 5, 2010 3:01pm Oct 5, 2010 3:01pm
Quoting Sunsi
What did you mean with the 5min bars?

Ya seems to be belo now! That is good, hoping bouth the 4h and 1h candle will close well below.
Rapid sell off, feel a bit silly now as it's ticked back up...
  • #301,156
  • Oct 5, 2010 3:04pm Oct 5, 2010 3:04pm
Quoting FibbinArchie
Rapid sell off, feel a bit silly now as it's ticked back up...
It`s not up with much. But it did seem to respect 3832 a little bit.
  • #301,157
  • Oct 5, 2010 3:04pm Oct 5, 2010 3:04pm
Quoting myvui
late my long position need hold.....just lated few minute only need hold longer time now.....
Haha.. i had myself 5 long position.. lets hope the minority win
<<|[[Making $$Money$$ is the matter of Strategy and Opportunity]]|>>
  • #301,158
  • Oct 5, 2010 3:07pm Oct 5, 2010 3:07pm
is there any way to navigate larger fractions of time when switching from H4 to M5 on a specific date? this platform is giving me headaches when I always have to scroll weeks...
  • #301,159
  • Oct 5, 2010 3:10pm Oct 5, 2010 3:10pm
Quoting Sunsi
I guess I should take a look at then then
Do you have a broker with a good spread? My broker offers: 6 pips...
6 pips is terrible. I use MBTrading and never trade on more than a 4 pip spread (unless it widens due to news). You can see all their normal spreads on their homepage... generally less than a pip for EU
check out my blog: forexmademillionaire dot com
  • #301,160
  • Oct 5, 2010 3:12pm Oct 5, 2010 3:12pm
Quoting Geppy
6 pips is terrible. I use MBTrading and never trade on more than a 4 pip spread (unless it widens due to news). You can see all their normal spreads on their homepage... generally less than a pip for EU
I will check it out!
I can see right away that they have chaning spreads.. How does that work?
Thanks
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