The market was bullish, turned bearish, and you'are brokish!!!
- #748,262
- Jan 21, 2013 6:00am Jan 21, 2013 6:00am
- | Joined Jan 2012 | Status: Trader | 1,086 Posts
Come on, lets punch 30 then the day might get interesting 
- #748,263
- Jan 21, 2013 6:10am Jan 21, 2013 6:10am
- Joined Aug 2009 | Status: Trader | 12,448 Posts
Aussie acts a bit strangely lately - I cant understand what it wants
U/J and E/J looks more interesting for me because of that huge potential for down movement
as for yen prs I think once they printed a daily range, it should present some pretty good range trades, im only watching the "beast" geppy, waiting to see if the present highs have capped her, my monthly level for her is 143 21 so if she hasnt capped now, a couple of taps around there and I will try build a position and wait for a base to form, and then trade the range, going to take some time though I expect, pays to be very very patient with her shes not called the beast for nothing
not been much on offer today, monday bloody monday
If you are new to Forex? Say Goodbye to your account!!
- #748,265
- Jan 21, 2013 6:17am Jan 21, 2013 6:17am
- Joined Aug 2008 | Status: Fear makes us see who we really are | 4,822 Posts
Come on, lets punch 30 then the day might get interesting
but failure will be bad.It may just drop through 1.33.
Eventually, range is so narrow and WEAK, no big traders puts so close to market price any orders. Need to spike either way to break through anything OR find good enough orders to bounce back........OR some closes orders by profit-taking or short-covering.
They think they are smarter than I am.
- #748,267
- Jan 21, 2013 6:23am Jan 21, 2013 6:23am
- | Joined Jan 2012 | Status: Trader | 1,086 Posts
Breakout try upside will come in 1.3319 if some really has need to push it there
- #748,268
- Jan 21, 2013 6:30am Jan 21, 2013 6:30am
thank you for ur support```i'm long 33034.....SL be...
close it, was scalp trade
i look on cloud on 2h chart.....secend coffe...boring
The market was bullish, turned bearish, and you'are brokish!!!
- #748,269
- Jan 21, 2013 6:34am Jan 21, 2013 6:34am
- Joined Aug 2009 | Status: Trader | 12,448 Posts
geppy getting really compressed, decision time maybe
If you are new to Forex? Say Goodbye to your account!!
- #748,270
- Jan 21, 2013 6:50am Jan 21, 2013 6:50am
- Joined Jul 2009 | Status: Left Leg In, Right Leg Out! | 5,792 Posts
A pip is only worth it if you know how much you risked to earn it
EJ looks to be respecting 62EMA on the 4H; suggesting eventual but gradual up move.
Perhaps that will pull EU with it - still currently ranging; 1H shows ranging between 62EMA and 144EMA.
The H/S type pattern is interesting: not really a valid head and shoulders as it's not a top... but the sentiment is clear, need a proper break of the trendline that is currently finding support at 3300. NY open could give guidance on that. Me personally, was tempted to put in some break out orders but I'm not convinced that we'll have the volume to take that...
?
- #748,273
- Jan 21, 2013 6:57am Jan 21, 2013 6:57am
- Joined Jul 2009 | Status: Left Leg In, Right Leg Out! | 5,792 Posts
You wanted to say NY open... but closed (US Bank holiday)
Well I'm done for the day... only managed 19.5 pips but that's good enough for me.
A pip is only worth it if you know how much you risked to earn it
- #748,274
- Jan 21, 2013 6:59am Jan 21, 2013 6:59am
- Joined Jul 2009 | Status: Left Leg In, Right Leg Out! | 5,792 Posts
Someone mentioned before that you could trade ping pong between 28 and 00 but you'd have to get your timing perfect whouch would mean probably a max of 12-15 pips... which is really 5-7 if you get caught in the middle. Too much hard work for an office trader like me 
A pip is only worth it if you know how much you risked to earn it
- #748,275
- Jan 21, 2013 7:05am Jan 21, 2013 7:05am
- Joined Nov 2008 | Status: Trader | 2,177 Posts
Someone mentioned before that you could trade ping pong between 28 and 00 but you'd have to get your timing perfect whouch would mean probably a max of 12-15 pips... which is really 5-7 if you get caught in the middle. Too much hard work for an office trader like me
- #748,280
- Jan 21, 2013 7:27am Jan 21, 2013 7:27am
- Joined Dec 2010 | Status: Foook Bollinger-dr.Kegel knows! | 9,794 Posts
