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  • #10,521
  • Feb 2, 2012 6:16am Feb 2, 2012 6:16am
Quoting bumapatria
hey bru there was a failed intervention or multiple i think on 2010.

every time the BOJ gang goes for a currency intervention it last only ofr a while. theyll come to realize they are affected too and cannot maintain costly measures such as this - but try for longer term measures.

jsut my view...
BOJ uses a HUGE amount of money to intervene and usually its shorter term. Im more interested in SNB thou.

Quoting BrunargarFx
fairly basic chart,
I'm looking for possibly a 40-year trend reversal at these levels..
but more realistically, if history repeats itself we're getting closer to Bank of Japan intervention..
Also SNB may intervene floor to EURCHF is 1.2000
  • #10,522
  • Feb 2, 2012 6:19am Feb 2, 2012 6:19am
dow breaking atm...

so is euro.
wonder what happened?

more junk from juncker : "seeks better coordination policies in EU".

closed addon for 10.

left upper as runner with +30 pip stop

im done no more positions open. profit tarrgets hit for the day
Attached Image (click to enlarge)
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Have I got something on my face, SOLDIER?
  • #10,523
  • Feb 2, 2012 6:20am Feb 2, 2012 6:20am
They need to, they nearly collapsed by strength in October...
Quoting bumapatria
hey bru there was a failed intervention or multiple i think on 2010.

every time the BOJ gang goes for a currency intervention it last only ofr a while. theyll come to realize they are affected too and cannot maintain costly measures such as this - but try for longer term measures.

jsut my view...
  • #10,524
  • Feb 2, 2012 6:21am Feb 2, 2012 6:21am
Yes, I am looking at this as well.

Quoting T@rantula
BOJ uses a HUGE amount of money to intervene and usually its shorter term. Im more interested in SNB thou.



Also SNB may intervene floor to EURCHF is 1.2000
  • #10,525
  • Feb 2, 2012 6:21am Feb 2, 2012 6:21am
Quoting bumapatria
dow breaking atm...

so is euro.
wonder what happened?

more junk from juncker : "seeks better coordination policies in EU".

closed addon for 10.

left upper as runner with +30 pip stop

im done no more positions open. profit tarrgets hit for the day
EU follows DOW. We need to see 14.30 gmt reaction.
  • #10,526
  • Feb 2, 2012 6:34am Feb 2, 2012 6:34am
timing cycle at 16:00 GMT . Moon 180 True node. usually big moves happen round true node aspects.

watch where price is around this time.

14:30 is profit taking if im not wrong tata?
Have I got something on my face, SOLDIER?
  • #10,527
  • Feb 2, 2012 6:36am Feb 2, 2012 6:36am
NY open.
We'll see ... will be back at 2pm GMT
Quoting bumapatria
timing cycle at 16:00 GMT . Moon 180 True node. usually big moves happen round true node aspects.

watch where price is around this time.

14:30 is profit taking if im not wrong tata?
  • #10,528
  • Feb 2, 2012 6:51am Feb 2, 2012 6:51am
Quoting bumapatria
timing cycle at 16:00 GMT . Moon 180 True node. usually big moves happen round true node aspects.

watch where price is around this time.

14:30 is profit taking if im not wrong tata?
Wall street opening.
  • #10,529
  • Feb 2, 2012 6:58am Feb 2, 2012 6:58am
Quoting T@rantula
Wall street opening.

ok thanks for update
Have I got something on my face, SOLDIER?
  • #10,530
  • Feb 2, 2012 7:01am Feb 2, 2012 7:01am
Quoting bumapatria
ok thanks for update
Np mate.
  • #10,531
  • Feb 2, 2012 8:43am Feb 2, 2012 8:43am
3145-3160 pay attention to those levels. Those are interim resistance levels.
  • #10,532
  • Feb 2, 2012 8:48am Feb 2, 2012 8:48am
T's res is today's downswign 61.51 level

if we can get a perfect swing at 20:00 GMT (revised time) right around these levels a short could play out well
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Have I got something on my face, SOLDIER?
  • #10,533
  • Feb 2, 2012 8:53am Feb 2, 2012 8:53am
I just wanted to make you aware to be careful this afternoon.:

"bernankes first congressional testimony this year since the last fomc meeting where the fed extended its low rate pledge to late 2014"

Regards
BW
Be sensitive to subtle differences between 'intuition' and 'into wishing.
  • #10,534
  • Feb 2, 2012 8:57am Feb 2, 2012 8:57am
Quoting bumapatria
T's res is today's downswign 61.51 level

if we can get a perfect swing at 20:00 GMT (revised time) right around these levels a short could play out well
61.51...interesting. That make a confluence, even stronger resistance. Shorts can be played on first push as scalp trades also. Its protected, I dont think it will be so easily break as stopgrabbing today.
  • #10,535
  • Feb 2, 2012 9:01am Feb 2, 2012 9:01am
Quoting BlackWid0w
I just wanted to make you aware to be careful this afternoon.:

"bernankes first congressional testimony this year since the last fomc meeting where the fed extended its low rate pledge to late 2014"

Regards
BW
thank you for the update - almsot forgot bout big ben's talk tonite. tv on - watch some crime series for a while then switch to cnbc
Have I got something on my face, SOLDIER?
  • #10,536
  • Feb 2, 2012 9:01am Feb 2, 2012 9:01am
Uptrend may be forming. Need to see 3160 reaction.
For longs u need to wait for a PULLBACK first then enter. Dont enter randomly. First swing is shaping up.
  • #10,537
  • Feb 2, 2012 9:07am Feb 2, 2012 9:07am
looks more flaggy Tata... just my view though.
i wont be trading the marked cycles but ill watch definitely on how price enters the timeline.
Have I got something on my face, SOLDIER?
  • #10,538
  • Feb 2, 2012 9:46am Feb 2, 2012 9:46am
Symetrical triangle on M5 USDX broken to the downside, EUro 's going up...
Pending orders triggered at 1.315, it's make or break this time to reach 1.325..
  • #10,539
  • Feb 2, 2012 9:47am Feb 2, 2012 9:47am
Quoting T@rantula
Uptrend may be forming. Need to see 3160 reaction.
For longs u need to wait for a PULLBACK first then enter. Dont enter randomly. First swing is shaping up.
Just as I thought. 1 swing then pull back..LONGS.

Here is the chart

Ill be going now.

3160 support again.

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  • #10,540
  • Feb 2, 2012 9:50am Feb 2, 2012 9:50am
a cool cycle chart update

too close in proximity for a comfort swing.. but if anyones looking to get short watch next bar open and this one's close

not gonna trade this. bear aspect to bull no thanks.


wonder if we can close below 61.5 level.

3165 in 10 minutes.

we are now in 78.2 fib retrace of todaysdownmove
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Have I got something on my face, SOLDIER?
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