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EURUSD

  • #789,901
  • Apr 18, 2013 7:50pm Apr 18, 2013 7:50pm
Quoting forex4india1
gator I thought G20 would pressurize them for their Yen weakening. but seems like nobody gives a shit. so we have everything higher. welcome to risk on.
well fukem my first trade today and 7th this week, I just sold geppy

entry 150 89

sl 151 03

If you are new to Forex? Say Goodbye to your account!!
  • #789,902
  • Apr 18, 2013 7:54pm Apr 18, 2013 7:54pm
Quoting KiwiTrada
well fukem my first trade today and 7th this week, I just sold geppy entry 150 89 sl 151 03
7th trade? you seem to be keeping wide stoploses and seem to trade daily which is a very good thing in long term. as far as geppy goes these fools will pump in liquidity like anything now. they have got go ahead from G20. nothing stopping them
  • #789,903
  • Apr 18, 2013 7:57pm Apr 18, 2013 7:57pm
Quoting forex4india1
gator I thought G20 would pressurize them for their Yen weakening. but seems like nobody gives a shit. so we have everything higher. welcome to risk on.
That works the best for USD JPY so far -> which is less prone to risk aversion compared to risk pairs like gbpjpy or eurjpy or even audjpy that moves down quickly than usd jpy in this period.
Buy the pull back of higher lo or dip at support zone if it bounces and not breach, or resistance turns support.

http://www.youtube.com/embed/jllJ-HeErjU

keep things simple, look at pa, then trade with market sense.

Whether or not G20 will pressurize is just speculation/opinions whether it will happen or not, since thus far reported is just neutral/ mute against jp's policy.
Attached Image
  • #789,904
  • Apr 18, 2013 7:59pm Apr 18, 2013 7:59pm
Quoting forex4india1
7th trade? you seem to be keeping wide stoploses and seem to trade daily which is a very good thing in long term. as far as geppy goes these fools will pump in liquidity like anything now. they have got go ahead from G20. nothing stopping them
I prefer higher timeframes, and I prefer sl under 17pip, and mainly prime number this trade will reaasess with this 1/2 & 1 hr close in 1 min, so far is nic candle, but need her closed before decide
If you are new to Forex? Say Goodbye to your account!!
  • #789,905
  • Apr 18, 2013 8:11pm Apr 18, 2013 8:11pm
Quoting KiwiTrada
I prefer higher timeframes, and I prefer sl under 17pip, and mainly prime number this trade will reaasess with this 1/2 & 1 hr close in 1 min, so far is nic candle, but need her closed before decide

damm these japanese. how much liquidity they want to pump.
  • #789,906
  • Apr 18, 2013 8:12pm Apr 18, 2013 8:12pm
nikkei market is up only 80 points. yen is close to 98.65. so 100 points away from the high
  • #789,907
  • Apr 18, 2013 8:12pm Apr 18, 2013 8:12pm
Quoting QuikFlipp
I dont see anything bullish about the EU on the daily, but to each his own. Green pips around
I think you are a day trader, not a longer term big boy who can fuel the bear.
It keeps rejecting well. Several attempts toward support line will weak both side therefore we may come into a short range for spike.
Keep in mind, there is no single line here. 3040-20 is a support area
You cannot learn better without losing
  • #789,908
  • Apr 18, 2013 8:15pm Apr 18, 2013 8:15pm
Quoting gatorinla
if we are going to see a major bear change in direction. 2975 is a um that larger algos will be more in-tune with at month and quarter endings. the mid at 2876.7 the lm at 2777/78.. a decisive cross with closes will turn bigger traders on. atm we are above 2975...and the smaller 2999 um. on the 1.6038/1.1876 chart we were rejected at 1.3710... the LM is at 1.37114, 1.4 pips from the high.. that rejection ended the month in a bearish engulfing candle.. 305x ish... wiping out the whole years gains. then we ended in a red quarter, despite japan intervention....
yes on all the numbers.. They are all to the pip. Thank you for the great analysis.
  • #789,909
  • Apr 18, 2013 8:22pm Apr 18, 2013 8:22pm
Head and shoulders forming in D1 charts.
Descending channel in H4 chart.
Target: 1.29960
  • #789,910
  • Apr 18, 2013 8:30pm Apr 18, 2013 8:30pm
Quoting forex4india1
7th trade? you seem to be keeping wide stoploses and seem to trade daily which is a very good thing in long term. as far as geppy goes these fools will pump in liquidity like anything now. they have got go ahead from G20. nothing stopping them
oops 7th trade on geppy most were from this weeks open 1 stopped yesterday

happy with this entry, for every 5 pips she drops I will reduce sl 1 pip sl is now 151 00 (-11 pip) another 5 pip lower and will pb 1/3, to cover sl risk and levea sl where it is etc etc 30min just print 2nd doji
Attached Image (click to enlarge)
Click to Enlarge Name: geppy 1hr a 19 4 2013.png Size: 131 KB
If you are new to Forex? Say Goodbye to your account!!
  • #789,911
  • Apr 18, 2013 8:37pm Apr 18, 2013 8:37pm
Quoting KiwiTrada
oops 7th trade on geppy most were from this weeks open 1 stopped yesterday happy with this entry, for every 5 pips she drops I will reduce sl 1 pip sl is now 151 00 (-11 pip) another 5 pip lower and will pb 1/3, to cover sl risk and levea sl where it is etc etc 30min just print 2nd doji {image}

I think probably our friend gator is rite. it is already cooked in the price and maybe it falls now. so lets hope our position is good
  • #789,912
  • Apr 18, 2013 8:44pm Apr 18, 2013 8:44pm
Levels I'm watching

3073
3084
3101
3128

A short taken at these levels will be good for scalping. 3128 is an important level.
  • #789,913
  • Apr 18, 2013 8:48pm Apr 18, 2013 8:48pm
Kiwitrada and forex4india I love what you're saying. I am now expecting upward trend to continue. Is it normal to change my mind so much? I probably will only expect minimal shorts for now and this will continue until next week. Some of the drops will be nice, but the intertrend is a somewhat painful rise.
  • #789,914
  • Apr 18, 2013 9:00pm Apr 18, 2013 9:00pm
Quoting forex4india1
I think probably our friend gator is rite. it is already cooked in the price and maybe it falls now. so lets hope our position is good
i am not right.. i gave you what the bears/bulls need to do. if either cant, do what they need. then then its neutral until the opposite does what they need to do. we can play both sides with small s/l and large potential. many times even if the bears show up and make a LL.. we will come right back to 3086 before the finale blow. this 2 hump system is common on your charts. more common then a complete move to the indicated target w/o a retrace.
those who can, do. those who cant, talk about those who can
  • #789,915
  • Apr 18, 2013 9:01pm Apr 18, 2013 9:01pm
Quoting gatorinla
i am not right.. i gave you what the bears/bulls need to do. if either cant, do what they need. then then its neutral until the opposite does what they need to do. we can play both sides with small s/l and large potential.

I would be happy with this 128-129 range.
  • #789,916
  • Apr 18, 2013 9:04pm Apr 18, 2013 9:04pm
Uh-oh, it looks ready to drop right now.
  • #789,917
  • Apr 18, 2013 9:15pm Apr 18, 2013 9:15pm
Quoting forex4india1
I would be happy with this 128-129 range.
i thought he was talking about eu..
  • #789,918
  • Apr 18, 2013 9:32pm Apr 18, 2013 9:32pm
This probably won't make it in time for approval but changing again to
3055
and back long. I'm liking greatnorthers
3101 but not sure about
3128
I have to wait for the time lapses, strength and volititly of moves and see more of the formations.
  • #789,919
  • Apr 18, 2013 9:51pm Apr 18, 2013 9:51pm
hey Kiwi - nice entry bro!

where you looking for a tp on geppy then? I would love her to challenge the low 128's again - but usdjpy has been sooooo stubborn!

hope youre well and all is rocking and rolling!

Quoting KiwiTrada
oops 7th trade on geppy most were from this weeks open 1 stopped yesterday happy with this entry, for every 5 pips she drops I will reduce sl 1 pip sl is now 151 00 (-11 pip) another 5 pip lower and will pb 1/3, to cover sl risk and levea sl where it is etc etc 30min just print 2nd doji {image}
"Millionaires don't use astrology, billionaires do"
  • #789,920
  • Apr 18, 2013 10:11pm Apr 18, 2013 10:11pm
demo s on gold 1401.. tight stop... will close if high is broke. closed the long from days ago.
those who can, do. those who cant, talk about those who can
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