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  • #5,981
  • Edited 10:09am Jun 7, 2011 9:10am | Edited 10:09am
Quoting FXMoneMaker
segxsy- you are gambling here, what genius told you that a buy at 117.69 is good, I have a sell order at 117.72 and would keep it running
Euro/Usd can't go anymore higher at least for today, collapsing soon and the most to do was 1.4690/00 and at that prcie Euro/Jpy could had reached 117.90 then would collpase.
And if you was watching price movement in previous days, you could had gained big money by just using the simple rule of buying at buttom and selling at top., since this pair had been moving sideways for somedays..

Besides, some talking...

By the way.. You still keep your sell order FxM..?
My sell order 117,69 were hit TP 117,43 few minutes ago
Regards, Shigeru.
  • #5,982
  • Jun 7, 2011 9:12am Jun 7, 2011 9:12am
Quoting segxy007
Let wait and see what will happen,the trend is up i see eur/jpy getting to 118.50 and above in d next 24 hours.

As many eyes..as many points of view seg..
Regards, Shigeru.
  • #5,983
  • Jun 7, 2011 9:19am Jun 7, 2011 9:19am
I agree with you...

trend is up, never fight the trend.

I think that guy is scalping off lower time frames, so of course, one will see a down trend all over the place

I'm currently long on another analysis, however i will load up on my longs when my daily analysis kicks in.

Do good stuff,

Steve.

Quoting segxy007
Let wait and see what will happen,the trend is up i see eur/jpy getting to 118.50 and above in d next 24 hours.
  • #5,984
  • Jun 7, 2011 9:36am Jun 7, 2011 9:36am
toc toc
this thing is going up imho

118 area then consolidation here 117.60-70 to go into 120's as i said on my previous daily chart

b4 sell it, have a look at today's daily candle
good luck
90% of traders use TA, indicators and prediction
  • #5,985
  • Jun 7, 2011 9:36am Jun 7, 2011 9:36am
Also, did any one notice the Bull Flag on the 1hr time frame too, to support the longs?

Do good stuff

Steve
  • #5,986
  • Jun 7, 2011 9:37am Jun 7, 2011 9:37am
Quoting _BBKing_
hello all
i was looking at daily chart

there is high possibility to see it more up very soon, and now time is very very near.

after containing price in 113-114 area, came back up and consolidated above 115.70 which is a main strong sup/res

from here price must test n brake up trendlines downward.
should get 118.60 then test again near 117.60 (both are very important lines) and consolidate to brake up.

will update soon my trade here, im planning to go long to target the 120's area (123-125-127). best thing now is to wait the brake up of at...

....my daily setup....
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  • #5,987
  • Jun 7, 2011 9:47am Jun 7, 2011 9:47am
i bought the m15 bullish flag breakout
now need to print new high
euro usd already printing
usd jpy sideway near 80.00
printin a new high means for me my tgt 118.50

then tomorrow after a consolidation pattern (i dont know if happens will decide tomorrow) will be possible to buy this thing to 123.80 at least (FE61.8 main daily moves)
Attached Image (click to enlarge)
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90% of traders use TA, indicators and prediction
  • #5,988
  • Jun 7, 2011 9:48am Jun 7, 2011 9:48am
new high printed
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  • #5,989
  • Jun 7, 2011 9:49am Jun 7, 2011 9:49am
now that we break the resistance we see the price going higher and higher
  • #5,990
  • Jun 7, 2011 9:53am Jun 7, 2011 9:53am
my h4 setup
previous high 117.786

erased all supply near it.
i have next main resistance near 118.60

comments are welcome
Attached Image (click to enlarge)
Click to Enlarge Name: ejpyh4.jpg Size: 109 KB
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  • #5,991
  • Jun 7, 2011 9:54am Jun 7, 2011 9:54am
Quoting segxy007
now that we break the resistance we see the price going higher and higher

yes
can it go straight eat also above 118.50-60?
what do you think?
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  • #5,992
  • Jun 7, 2011 9:56am Jun 7, 2011 9:56am
usd jpy moving
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  • #5,993
  • Jun 7, 2011 10:07am Jun 7, 2011 10:07am
As I said before my secondary target is 117.72 and was good to trade for 4 times but i am not that stuck thinking of holding an order much longer in current market conditions.
But Look even if I kept a sell order at 117.72 opened i'll not be concerned because as said before it's at worst a 20 pips SL
Again, only a mad would buy at 117.69 today even if it goes to 120 tommorow, who but that would buy any pair at top daily price range
I would understand holding at a past downside buy price like 117.00 but entering a new buy at 117.69?!!!
As I Said in my previous post, Euro/Usd would go to 1.4695/00 and at same time Euro/Jpy would be targetting my preferred sell area at 117.90/00 and the story would finish here for today
At least till Fed Chairman Bernanke talk in around 3 and a half hour from now..

Good Luck Traders
  • #5,994
  • Jun 7, 2011 10:40am Jun 7, 2011 10:40am
Quoting FXMoneMaker
As I said before ......................................

Good Luck Traders

hello
yes buyin 117.69 is a bit risky but in uptrend a buy is always welcome with a good stop loss.

anyway, now need to consolidate above 117.50-60
lets see if it does
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  • #5,995
  • Jun 7, 2011 10:46am Jun 7, 2011 10:46am
I dont like the movement of that currency,too slow for my liking
Quoting _BBKing_
usd jpy moving
  • #5,996
  • Jun 7, 2011 11:02am Jun 7, 2011 11:02am
Quoting segxy007
I dont like the movement of that currency,too slow for my liking

sincerely i hate usdjpy
but i need to study it to trade eur jpy.
mean while looks like consolidation 117.60 is done.
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  • #5,997
  • Jun 7, 2011 11:08am Jun 7, 2011 11:08am
if this h1 candle won't close above my entry 117.61 i wil probably l close it in loss.
will get another entry later.....
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  • #5,998
  • Jun 7, 2011 11:25am Jun 7, 2011 11:25am
Quoting _BBKing_
if this h1 candle won't close above my entry 117.61 i wil probably l close it in loss.
will get another entry later.....

in other words: i moved SL at BEp

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  • #5,999
  • Jun 7, 2011 12:48pm Jun 7, 2011 12:48pm
Hi traders! I'm glad I found you all. I love this pair. I don't have a crystal ball so I have no idea where we are going, but I do know that if it moves, we'll make money, so, up or down, I don't care, I'm looking for pips either way.

I wish all of you a prosperous day!

Regards, Kenfenfx
  • #6,000
  • Jun 7, 2011 7:30pm Jun 7, 2011 7:30pm
Quoting Kas1
saw the break i was looking for and took a short from 11681, 11582 target
stopped out...

Quoting segxy007
I think we may have brif reversal upward now just enter a long @116.71 tergeting 117.40.....let see how it goes
curious to know what your chart looked like for this trade
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