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  • #556,061
  • Oct 30, 2011 7:49pm Oct 30, 2011 7:49pm
Hitting a double demand zone that held some big imbalance, so unless there is a second wave I have my doubts it will push through 1.40000, looks like it's tired and turning now, but nothing in this world is full proof.
It's easy to be humbled but hard to be humble.
  • #556,062
  • Oct 30, 2011 7:50pm Oct 30, 2011 7:50pm
Quoting DNTme
if your target is so high then put it 4425
That's definitely a doable target. However, I like to find my targets and then set my real one 50-75 pips below.
check out my blog: forexmademillionaire dot com
  • #556,063
  • Oct 30, 2011 7:51pm Oct 30, 2011 7:51pm
would not touch any longs here. short and targeting 1.366
  • #556,064
  • Oct 30, 2011 7:53pm Oct 30, 2011 7:53pm
So guys, we find ourselves back in the magic zone of 1.4045. 1.400 a S/R from hell that typically will make or break a trend.
Kill the ego, or it will kill the mission.
  • #556,065
  • Oct 30, 2011 7:53pm Oct 30, 2011 7:53pm
Quoting KiwiTrada
I be waiting patiently soo long, I on her butt,geppy long weekly open 2x lots

Trailing Stps now hunting fade is no hurry please be big skyrocket
me too, been waiting for this moment for so long..
BOJ simply make my day
Patience, Emotion Control and Discipline.
  • #556,066
  • Oct 30, 2011 7:54pm Oct 30, 2011 7:54pm
i am intervention struck, what a fascinating event!

Some interesting Numbers for USDJPY Pair on intervention day today:
Fridays range: 329
30 days Range:598
Range Today: 3947 !!
  • #556,067
  • Oct 30, 2011 8:00pm Oct 30, 2011 8:00pm
Quoting AaronWard
So guys, we find ourselves back in the magic zone of 1.4045. 1.400 a S/R from hell that typically will make or break a trend.
Yup 4030 was mofu, long was fair call, others hitting support, will wait retest of breached 1hr descending channel, may reload, pips banked, runners left with trail, waiting new opportunity
If you are new to Forex? Say Goodbye to your account!!
  • #556,068
  • Oct 30, 2011 8:09pm Oct 30, 2011 8:09pm
Quoting Geppy
I'm with ya. The new highs in USD/JPY didn't effect Euro as much as it should have. I think we're stalling out here... maybe go into the low 1.40 area, but my money management is ok with that. I'm targeting 1.4375 for now (may change).
why this target?
  • #556,069
  • Oct 30, 2011 8:10pm Oct 30, 2011 8:10pm
Quoting eliabreu
why this target?
Because it comes in just below the major daily down-trend line (among other factors).
check out my blog: forexmademillionaire dot com
  • #556,070
  • Oct 30, 2011 8:28pm Oct 30, 2011 8:28pm
Quoting DubaiFX
it may retrace now,
small charts show reversal,
after 250 pips rise it may be 60-80 pips retrace beofre any up move..

and same for GU

Younas..
Both Droped as expected..

CHart will be uploaded in a min..

Good Luck Guys..
Don't compare your Trades with Others
  • #556,071
  • Oct 30, 2011 8:30pm Oct 30, 2011 8:30pm
I wonder what NY will think.
  • #556,072
  • Oct 30, 2011 8:41pm Oct 30, 2011 8:41pm
Quoting KiwiTrada
Yup 4030 was mofu, long was fair call, others hitting support, will wait retest of breached 1hr descending channel, may reload, pips banked, runners left with trail, waiting new opportunity
Yeah, I don't see this as a great entry spot either long or short. It could work out, but you could also go to the bathroom and find yourself a 100 pips in the hole when you came back...either long or short. Right now pretty much everybody that bought on Thursday is in the hole...there is a clear bottom 1000 pips away... but we are still above the 1.40 line...and the ECB and FOMC have rate decisions and press conferences... and there is the G20...
Kill the ego, or it will kill the mission.
  • #556,073
  • Oct 30, 2011 8:42pm Oct 30, 2011 8:42pm
AU CABLE KIWI make new lows longs although is at mofu becareful
If you are new to Forex? Say Goodbye to your account!!
  • #556,074
  • Oct 30, 2011 8:54pm Oct 30, 2011 8:54pm
Quoting johncen
me too, been waiting for this moment for so long..
BOJ simply make my day

i was out , just back home


did japan set any level ?
Mohan
  • #556,075
  • Oct 30, 2011 9:03pm Oct 30, 2011 9:03pm
Just bounced off fib retracement, time to go long. SL at 1.3995.
  • #556,076
  • Oct 30, 2011 9:03pm Oct 30, 2011 9:03pm
Quoting mohan76

i was out , just back home


did japan set any level ?
NO. Lots of talk of 80, but...just talk. Right now it seems to be stuck on a mulit billion dollar buy order at 79.20
Kill the ego, or it will kill the mission.
  • #556,077
  • Oct 30, 2011 9:09pm Oct 30, 2011 9:09pm
Look at this 9ema on JPY yen (purple vertical line)........... LOL
Attached Image
The Thief of Wall Street
  • #556,078
  • Oct 30, 2011 9:28pm Oct 30, 2011 9:28pm
3950-ish first. then hm. i'll wait and see, just don't feel too comfy about going long.

Quoting Geppy
I'm with ya. The new highs in USD/JPY didn't effect Euro as much as it should have. I think we're stalling out here... maybe go into the low 1.40 area, but my money management is ok with that. I'm targeting 1.4375 for now (may change).
Nihil Sine Deo.
  • #556,079
  • Oct 30, 2011 9:31pm Oct 30, 2011 9:31pm
Hi Guys,
Now after we said welcome back for EurUsd in 1.39xx what will it do ?
many people think it will be a correction and the other side think it will be start for a High up trend and i prefers this Idea but the next hours and specially after " German Retail Sales m/m " and " Italian Monthly Unemployment Rate " every thing will be clear for us
My advice take buy position now with a mini lot and Double this lot in 1.3950 with S/l 1.3900 this will be good today till every thing be clear
  • #556,080
  • Oct 30, 2011 9:35pm Oct 30, 2011 9:35pm
Quoting Scrat
3950-ish first. then hm. i'll wait and see, just don't feel too comfy about going long.
Everyone closing in on 2nd support, will be make or break, pretty tuff nuts ,
but who knows, just not your normal monday so far
If you are new to Forex? Say Goodbye to your account!!
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