Hm... Keep it simple... no new low, no new high... trade the edges. Don't trade in the middle.
Fools Rushing 
- #798,861
- May 17, 2013 4:32am May 17, 2013 4:32am
- Joined May 2008 | Status: I Loose, I Win, I Conquer | 1,834 Posts
- #798,866
- May 17, 2013 4:41am May 17, 2013 4:41am
- Joined May 2010 | Status: Trader | 2,004 Posts
If Yen starts weaken during forthcoming US session, euro may dip deep. Look at the gold, those who sell it [entities related to Japan's government bonds and (big investors who also sell bonds)], buy stocks and dollar against yen. I have statistically enough observed minute by minute this behaviour.
You should visit more often! You are the only one posting observations about flows here..
69
- #798,872
- May 17, 2013 4:56am May 17, 2013 4:56am
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
whats happening boys , still we are in tight range 
,
it's FRY days again
, it's FRY days again
Mohan
- #798,874
- May 17, 2013 5:01am May 17, 2013 5:01am
- | Joined Feb 2009 | Status: I'm the guy in the middle, so u kno | 294 Posts
Looking @ larger TFs ,
Weekly - looks like thereīs room for more downside movement,, but itīs encountering some resistance provided by the TL starting from July 2012 which right now is @ 1.2840-50....
Daily - The last 3 days have had trouble breaking the TL and showing exhaustion,, and yesterday formed a doji which signals a reverse and a possible retrace of the last 2 weeks downtrend to probably 1.3030-50,, and then start the downtrend again if the fundies dont ruin the scenario..
4H - Making higher lows, oversold and the last one formed a doji,, so the 4h as well indicates a possible retracement to 1.3030-ish
Sooo Iīm keeping this in mind for today and the first few days of next week
That said ,, back to trading 1h, 15 and 5 mins..
Weekly - looks like thereīs room for more downside movement,, but itīs encountering some resistance provided by the TL starting from July 2012 which right now is @ 1.2840-50....
Daily - The last 3 days have had trouble breaking the TL and showing exhaustion,, and yesterday formed a doji which signals a reverse and a possible retrace of the last 2 weeks downtrend to probably 1.3030-50,, and then start the downtrend again if the fundies dont ruin the scenario..
4H - Making higher lows, oversold and the last one formed a doji,, so the 4h as well indicates a possible retracement to 1.3030-ish
Sooo Iīm keeping this in mind for today and the first few days of next week
That said ,, back to trading 1h, 15 and 5 mins..
- #798,878
- May 17, 2013 5:07am May 17, 2013 5:07am
- Joined Aug 2008 | Status: Fear makes us see who we really are | 4,822 Posts
{quote} Hey! Long time no see
But trying post good stuff when i post
Intraday usdjpy 50% is at 102.35 and eurjpy at 131.77. Any breach through these prices while getting simultaneous move and reaction both pairs will make eurusd spike. Need to find weakness which way.
They think they are smarter than I am.
- #798,880
- May 17, 2013 5:09am May 17, 2013 5:09am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
COT: The precious data ignored