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  • #783,641
  • Apr 5, 2013 1:26pm Apr 5, 2013 1:26pm
127.20 is getting very close will possibly making new highs for E/J
  • #783,642
  • Apr 5, 2013 1:36pm Apr 5, 2013 1:36pm
Quoting Ken A
So far I don't see E/U can go down with E/J and U/J at current levels.
that's what my analysis shows that it is more likely to go up here than down.
  • #783,643
  • Apr 5, 2013 1:39pm Apr 5, 2013 1:39pm
Quoting Jay Walker
I keep my positions opened. You win some, you lose some. Learning to trade is the easy part, it's risk management that's really key.
Good to hear, I figured as much. Costs with closing and re-opening start to add up...
  • #783,644
  • Apr 5, 2013 1:42pm Apr 5, 2013 1:42pm
Quoting Kanzler
Good to hear, I figured as much. Costs with closing and re-opening start to add up...
If N Korea will occupy USA in the weekend ... it will not be a god move to let your positions opened
  • #783,645
  • Apr 5, 2013 1:44pm Apr 5, 2013 1:44pm
Quoting EuroTrader
If N Korea will occupy USA in the weekend ... it will not be a god move to let your positions opened
If North Korea occupies the USA over the weekend I have much bigger problems to worry about than my bank account.
  • #783,646
  • Apr 5, 2013 1:50pm Apr 5, 2013 1:50pm
Potential support areas if it retraces

http://i48.tinypic.com/2cmkdgy.jpg
  • #783,647
  • Apr 5, 2013 1:51pm Apr 5, 2013 1:51pm
"We don't understand this new guy at all. And if the North Koreans move to provoke the South, the South is going to retaliate in a way we haven't seen before," Cha said.

  • #783,648
  • Apr 5, 2013 1:57pm Apr 5, 2013 1:57pm
Closed my CAD/JPY for +3.2R, marginal daily profit. Euro still fiddling around, will close it before the weekend if it doesn't take off in a couple hours.
  • #783,649
  • Apr 5, 2013 2:01pm Apr 5, 2013 2:01pm
North Korea won't invade... My opinion

But just eyeballing..

EU flat, so UJ and EJ all funded by Yen manipulation!

I just took 75% of my long positions out. 9/12

..looking at places to buy now, AUDUSD caught that little bounce up..

Any tips?
Even the worst trade can close with profit. Just give it time.
  • #783,650
  • Apr 5, 2013 2:08pm Apr 5, 2013 2:08pm
Quoting John Gray
North Korea won't invade... My opinion But just eyeballing.. EU flat, so UJ and EJ all funded by Yen manipulation! I just took 75% of my long positions out. 9/12 ..looking at places to buy now, AUDUSD caught that little bounce up.. Any tips?
Nothing immediate, but there were some nice zones (similar to the one I just closed) that came out of the yen rise that may be good to play next week.
  • #783,651
  • Apr 5, 2013 2:10pm Apr 5, 2013 2:10pm
Next 128.35 ?

Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 42 KB

  • #783,652
  • Apr 5, 2013 2:13pm Apr 5, 2013 2:13pm
Quoting Kanzler
Nothing immediate, but there were some nice zones (similar to the one I just closed) that came out of the yen rise that may be good to play next week.
Yes, I am thinking EJ topping, for now anyway....

What are you thinking next week?

Retrace or continuation
Even the worst trade can close with profit. Just give it time.
  • #783,653
  • Apr 5, 2013 2:16pm Apr 5, 2013 2:16pm
Quoting Ken A
Next 128.35 ? {image}
I am watching EUR/USD 1.3000 for pivot around EJ continuation.
Even the worst trade can close with profit. Just give it time.
  • #783,654
  • Apr 5, 2013 2:17pm Apr 5, 2013 2:17pm
Quoting gatorinla
outta here. later
5h later and no change.
those who can, do. those who cant, talk about those who can
  • #783,655
  • Apr 5, 2013 2:18pm Apr 5, 2013 2:18pm
Quoting John Gray
I am watching EUR/USD 1.3000 for pivot around EJ continuation.
That will be entirely depend on U/J where E/U will be at for E/J continuation. At current E/J rate, a -50 pips drop from U/J will pop up E/U by +50 pips.
  • #783,656
  • Apr 5, 2013 2:21pm Apr 5, 2013 2:21pm
Quoting gatorinla
5h later and no change.
no change gator no change... thus an aggressive bull this past 2 days
  • #783,657
  • Apr 5, 2013 2:22pm Apr 5, 2013 2:22pm
Quoting Ken A
That will be entirely depend on U/J where E/U will be at for E/J continuation. At current E/J rate, a -50 pips drop from U/J will pop up E/U by +50 pips.
Hmm.. Yeah well UJ is basically 95% correlating with EJ and EU is bit of a sheep at the moment.

I believe we will have retracement
Even the worst trade can close with profit. Just give it time.
  • #783,658
  • Apr 5, 2013 2:23pm Apr 5, 2013 2:23pm
Quoting John Gray
Yes, I am thinking EJ topping, for now anyway.... What are you thinking next week? Retrace or continuation
No way to know, I just play the levels when price gets to them. Only looking at longs on some of these pairs because to find shorts on the 4H frame requires me to go farther back in time than my broker allows on that frame. Anyway here's one I'm going to watch on EJ.
Attached Image (click to enlarge)
Click to Enlarge Name: EJ.png Size: 54 KB
  • #783,659
  • Apr 5, 2013 2:23pm Apr 5, 2013 2:23pm
Quoting Kanzler
No way to know, I just play the levels when price gets to them. Only looking at longs on some of these pairs because to find shorts on the 4H frame requires me to go farther back in time than my broker allows on that frame. Anyway here's one I'm going to watch on EJ. {image}
Yeah me too...
Even the worst trade can close with profit. Just give it time.
  • #783,660
  • Apr 5, 2013 2:30pm Apr 5, 2013 2:30pm
Quoting EuroTrader
If N Korea will occupy USA in the weekend ... it will not be a god move to let your positions opened
Haha
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