I am more keen on selling yen, it should weaker further against USD. I bought USD/JPY a few days ago, hoping it will make it to 85 in the next 2-3 months
- #55,642
- Nov 2, 2012 11:00am Nov 2, 2012 11:00am
- Joined Jan 2010 | Status: Trader | 10,268 Posts
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- #55,643
- Nov 2, 2012 11:01am Nov 2, 2012 11:01am
- | Joined May 2010 | Status: Non Member | 2,751 Posts
Don't be smart. Be rich.
- #55,644
- Nov 2, 2012 11:03am Nov 2, 2012 11:03am
- Joined Jan 2010 | Status: Trader | 10,268 Posts
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return:
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- #55,649
- Edited 12:05pm Nov 2, 2012 12:04pm | Edited 12:05pm
Hmmm why dont you short around 1.0393?
4hr in ichi chart is for me still in up trend and momentum is still positive.(cumo shape and chinkou span position).
daily is in downtrend (pšosition and shape of cloud) but chinkou span is in negative momentum which is fine for sell but very close to price action.2 neutral candles or smaller sell and chinkou in daily goes to positiv momentum.in case price stays below cumo or inside cumo which is bad momentum and trend are not together in business.It needs on daily very strong sell in next 5 days so that chinkou dont go in positiv.That is my friend very strong sell and for that we need very strong news to make move like that.so far we dont have it.Also we are above kijun sennon daily.I need close below that and 1 pip more for biger selling.
if we make that big move down and on 4 hr breaks cumo most likly will be rally on 4 hr to test cummo from below and then we are ready for biger sell and longer sex.sorry sell.
in short will lokking for sell but for normal size will wait few more candles.1 hr,4 hr and daily are not inline for bigger size order.
if this 1 hr candle dont do 1 pip below previous candle most likly up move 0384-0395.that is your point of intrest for sell as i see.But if we make 0395 we are back above 1hr cumo and again not in sell mode for me.It could be point of swing to down but in this years of trading i learned not to catch highs and lows.I am not good at swing trade.
i have a small sell from very top.lucky i gess but it to small.i am not good at catching tops and lows.
P.S.while i write that 1 hr candle didnt make 1 pip more and i think will go now to 0380-0384-0395 area.it is friday so no trade for me.
Uff did i explain my thinking
- #55,650
- Nov 2, 2012 12:18pm Nov 2, 2012 12:18pm
heare is intresting multi time frame indicator for ichi.look todays gold sell when 4 hr and 1 hr are in same direction.
1 hr is thicker cloud.
second is AUD.we are between 2 clouds for now.Still theare is theory that when we close below smaller time frame cloud price will go to bigger Tf cloud like in 3-rd picture.But some times it dont becuse you rae then oposit of trend.and we all know the rules : dont go oposit of trend and the FED.
in AUD distance betwen 1 hr and 4 hr cloud is 35 pips which is to small distance.small profit and possible loss could be bigger.to risky for only 35 pips.
3rd picture distance beetven 2 clouds is more then 100 pips and that is something i will be willing to risk.if i do dead better trying 100 pips then 35.
1 hr is thicker cloud.
second is AUD.we are between 2 clouds for now.Still theare is theory that when we close below smaller time frame cloud price will go to bigger Tf cloud like in 3-rd picture.But some times it dont becuse you rae then oposit of trend.and we all know the rules : dont go oposit of trend and the FED.
in AUD distance betwen 1 hr and 4 hr cloud is 35 pips which is to small distance.small profit and possible loss could be bigger.to risky for only 35 pips.
3rd picture distance beetven 2 clouds is more then 100 pips and that is something i will be willing to risk.if i do dead better trying 100 pips then 35.
- #55,651
- Nov 2, 2012 12:22pm Nov 2, 2012 12:22pm
- | Membership Revoked | Joined Jul 2011 | 3,291 Posts
- #55,652
- Nov 2, 2012 12:29pm Nov 2, 2012 12:29pm
- Joined Jan 2010 | Status: Trader | 10,268 Posts
looks like I will have to change my bullish stance
Gold....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return:
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- #55,654
- Nov 2, 2012 1:14pm Nov 2, 2012 1:14pm
- Joined May 2009 | Status: trader | 2,034 Posts
sorry was playing call of duty 4 online.65 kills
4hr in ichi chart is for me still in up trend and momentum is still positive.(cumo shape and chinkou span position).
daily is in downtrend (pšosition and shape of cloud) but chinkou span is in negative momentum which is fine for sell but very close to price action.2 neutral candles or smaller sell and chinkou in daily goes to positiv momentum.in case price stays below cumo or inside cumo which is bad momentum and trend are not together in business.It needs on daily very strong sell in next...
Nema problema. Mozda sljedeci put. Dobro vikend za tebe.
- #55,655
- Nov 2, 2012 1:16pm Nov 2, 2012 1:16pm
- Joined Jan 2010 | Status: Trader | 10,268 Posts
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return:
0.7%
- #55,657
- Nov 2, 2012 1:56pm Nov 2, 2012 1:56pm
- | Joined May 2010 | Status: Non Member | 2,751 Posts
Don't be smart. Be rich.
- #55,659
- Nov 2, 2012 2:18pm Nov 2, 2012 2:18pm
- | Joined May 2010 | Status: Non Member | 2,751 Posts
hey max what was the call and nice short if you got in before that breakdown
I just mentionned for the members that it's going to fall, but no one gave importance, at least, I received no reply. #55610
I haven't taken this trade because i was overloaded with my cadjpy wich one went smooth
.PS: JP, can you give the fibo level that you use, thanks.
Don't be smart. Be rich.