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  • Post #36,561
  • Quote
  • Aug 30, 2013 5:15am Aug 30, 2013 5:15am
  •  Animal
  • | Joined Feb 2011 | Status: Member | 22 Posts
Quoting Rag2RichesFX
Disliked
{quote} Lol, USDJPY in a downtrend? No. Its in a correction of an uptrend. (talking about this weeks trend)
Ignored


Absolutely!!
  • Post #36,562
  • Quote
  • Aug 30, 2013 5:15am Aug 30, 2013 5:15am
  •  emirfas1
  • | Joined Mar 2013 | Status: Member | 117 Posts
usdjpy long term chart.
if we see 115-125, I won't be amazed.
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  • Post #36,563
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  • Aug 30, 2013 5:15am Aug 30, 2013 5:15am
  •  DizzleFX
  • | Joined Jun 2011 | Status: Damn The Torpedoes Full Speed Ahead | 728 Posts
Quoting karie pips
Disliked
please I just want to say that the newbies should be careful..........
Ignored

Haha, love it!
Damn The Torpedoes, Full Speed Ahead!
  • Post #36,564
  • Quote
  • Aug 30, 2013 5:30am Aug 30, 2013 5:30am
  •  karie pips
  • | Joined Apr 2013 | Status: Algorithm Trading | 373 Posts
Quoting DizzleFX
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{quote} Haha, love it!
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Dizzle I know you are just being sarcastic.LOL.Enjoy your day.
Price,Precision,Psychic,Pyschology ,Patience and Pr.Karie's 6Ps of trading.
  • Post #36,565
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  • Aug 30, 2013 5:31am Aug 30, 2013 5:31am
  •  karie pips
  • | Joined Apr 2013 | Status: Algorithm Trading | 373 Posts
Quoting Rag2RichesFX
Disliked
{quote} Lol, USDJPY in a downtrend? No. Its in a correction of an uptrend. (talking about this weeks trend)
Ignored
Well,if you say so.
Price,Precision,Psychic,Pyschology ,Patience and Pr.Karie's 6Ps of trading.
  • Post #36,566
  • Quote
  • Aug 30, 2013 5:38am Aug 30, 2013 5:38am
  •  realjumper
  • Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
Looks like a bullish pennant to me.....but the breakout will show. Trade what you see

5c
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Doing what you like is Freedom. Liking what you do is Happiness.
  • Post #36,567
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  • Aug 30, 2013 5:49am Aug 30, 2013 5:49am
  •  Rag2RichesFX
  • Joined Jul 2012 | Status: CME seat owner | 5,974 Posts
running up against this weeks trendline resistance now
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Be hopeful in a winning position, and fearful in a losing position.
  • Post #36,568
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  • Aug 30, 2013 6:30am Aug 30, 2013 6:30am
  •  testing3000
  • | Joined Jun 2013 | Status: Member | 56 Posts
Quoting karie pips
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{image}
Ignored
Karie, for the past few days...it has been going up. is it true the movement is going downwards?
  • Post #36,569
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  • Aug 30, 2013 6:44am Aug 30, 2013 6:44am
  •  songson
  • | Joined Feb 2012 | Status: Member | 4 Posts
Sell position @ 10min
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Trade what you see not what you think!
  • Post #36,570
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  • Aug 30, 2013 7:11am Aug 30, 2013 7:11am
  •  karie pips
  • | Joined Apr 2013 | Status: Algorithm Trading | 373 Posts
Quoting testing3000
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{quote} Karie, for the past few days...it has been going up. is it true the movement is going downwards?
Ignored
I will admonish you to go back to my posts from last week when I analysed that it will come down and it did plus it hit the target that predicted.As for this present trade I am exclusively sure that price will come down to complete the head and shoulder pattern and then the 3rd wave of the EWP.If it does not fall this Friday ,then that will by next week.Enjoy your day.
Price,Precision,Psychic,Pyschology ,Patience and Pr.Karie's 6Ps of trading.
  • Post #36,571
  • Quote
  • Aug 30, 2013 7:11am Aug 30, 2013 7:11am
  •  DizzleFX
  • | Joined Jun 2011 | Status: Damn The Torpedoes Full Speed Ahead | 728 Posts
Quoting realjumper
Disliked
Looks like a bullish pennant to me.....but the breakout will show. Trade what you see 5c {image}
Ignored
Im on board with RealJumper, "Trade what you see. Depending on what timeframe you use trade your system, could determine how you see the trend. I think that in the grand scheme of things, we will have a continuation of the original up trend, once we breakout of this pennant, on the weekly chart, just like RealJumper mentioned. The way I trade through, I will take a short, if I see the opportunity. I usually use H4 and D1 then drill down to a lower timeframe to look for an entry. But that's just me!
Damn The Torpedoes, Full Speed Ahead!
  • Post #36,572
  • Quote
  • Aug 30, 2013 7:31am Aug 30, 2013 7:31am
  •  Rag2RichesFX
  • Joined Jul 2012 | Status: CME seat owner | 5,974 Posts
Quoting Rag2RichesFX
Disliked
lets go bulls my two targets {image}
Ignored

98.27 target hit
Be hopeful in a winning position, and fearful in a losing position.
  • Post #36,573
  • Quote
  • Aug 30, 2013 7:34am Aug 30, 2013 7:34am
  •  testing3000
  • | Joined Jun 2013 | Status: Member | 56 Posts
Quoting songson
Disliked
Sell position @ 10min{image}
Ignored
songson, you putting a SELL? what's your target?
  • Post #36,574
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  • Aug 30, 2013 10:05am Aug 30, 2013 10:05am
  •  Jgcole83
  • | Joined Mar 2013 | Status: Fear and hope remain the same | 365 Posts
I closed my long positions at 98.30 yesterday. I'll wait for the holiday weekend to pass and take a look Tuesday morning.

Have a good weekend everyone!
"A true speculator tries the market small." - Jesse Livermore
  • Post #36,575
  • Quote
  • Aug 30, 2013 10:33am Aug 30, 2013 10:33am
  •  karie pips
  • | Joined Apr 2013 | Status: Algorithm Trading | 373 Posts
Hello everyone,i am still sell biased as I can't wait for the UTL on my chart to break for me to take as good sell [email protected] 3000,please my honest opinion is that you actually analyse the charts properly and then believe in it.other people's views may not suit yours must of the time as people see things differently.
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Price,Precision,Psychic,Pyschology ,Patience and Pr.Karie's 6Ps of trading.
  • Post #36,576
  • Quote
  • Aug 30, 2013 10:52am Aug 30, 2013 10:52am
  •  karie pips
  • | Joined Apr 2013 | Status: Algorithm Trading | 373 Posts
Could this possibly happen?
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Price,Precision,Psychic,Pyschology ,Patience and Pr.Karie's 6Ps of trading.
  • Post #36,577
  • Quote
  • Aug 30, 2013 11:19am Aug 30, 2013 11:19am
  •  Jgcole83
  • | Joined Mar 2013 | Status: Fear and hope remain the same | 365 Posts
Quoting karie pips
Disliked
Could this possibly happen? {image}
Ignored
Me thinks I see a bearish bat in that pattern.
"A true speculator tries the market small." - Jesse Livermore
  • Post #36,578
  • Quote
  • Aug 30, 2013 11:27am Aug 30, 2013 11:27am
  •  karie pips
  • | Joined Apr 2013 | Status: Algorithm Trading | 373 Posts
Quoting Jgcole83
Disliked
{quote} Me thinks I see a bearish bat in that pattern.
Ignored
Really?I would not mind if you can illustrate your observation on your chart and post it here..thanks
Price,Precision,Psychic,Pyschology ,Patience and Pr.Karie's 6Ps of trading.
  • Post #36,579
  • Quote
  • Edited at 12:16pm Aug 30, 2013 11:31am | Edited at 12:16pm
  •  Jgcole83
  • | Joined Mar 2013 | Status: Fear and hope remain the same | 365 Posts
Not around my computer atm. Connect the bottom of wave a to the bottom of 5 and the bottom of c to the bottom of wave b.
"A true speculator tries the market small." - Jesse Livermore
  • Post #36,580
  • Quote
  • Aug 30, 2013 11:50am Aug 30, 2013 11:50am
  •  Jgcole83
  • | Joined Mar 2013 | Status: Fear and hope remain the same | 365 Posts
Actually its a bullish bat when and if the patterns completed, but for now it would lead to bearish activity....You know what I meant though lol.
"A true speculator tries the market small." - Jesse Livermore
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