Channel line resistance not broken yet, Watch out! I'm still holding short 142.37 {image} Also USDJPY almost finish a messy correction, lots of energy coiled up. {image}
- #1,526
- Apr 5, 2014 7:46am Apr 5, 2014 7:46am
- Joined Feb 2014 | Status: Trader | 1,796 Posts
{quote} Let's see the correction sets in on EUR.
uj declined, probably needs confirmation, do u think eu starting also?
like this? :
Elliott Wave for optimum entry, exit and risk management of trades
{quote} That's an interesting thought, u got me thinking
If your still Short, that was a beautiful trade mate
. Hold this through a correction and its going to bleed lower i reckon, just wish i held my short position early last week. The heat got a bit much at the highs lol
but that 141.90 level was hammered on friday now its just a wait to get back in
- #1,528
- Apr 5, 2014 8:26am Apr 5, 2014 8:26am
- Joined Feb 2014 | Status: Trader | 1,796 Posts
{quote} Im with you on this all day long If your still Short, that was a beautiful trade mate
Elliott Wave for optimum entry, exit and risk management of trades
- #1,529
- Apr 6, 2014 4:58am Apr 6, 2014 4:58am
- Joined Jun 2013 | Status: Poor Man | 1,085 Posts
The good thing with the future is that it is progressively approaching...
- #1,530
- Apr 6, 2014 6:51am Apr 6, 2014 6:51am
EURJPY looks very bearish, both technically and fundamentally. I thinks this pair will have the biggest movements on the next weeks/moths.
Fundamentally: EUR is going to move to 1.35-1.30, and JPY is going to be bought as carry trades are closed with SP500, DJIA and Nasdaq start a massive correction from all time highs. Also Nikkei looks ugly.
Technically: Weakness and more weakness, nothing much to say. Longer picture on Weekly charts shows massive divergences and price action pointing a huge move lower.
In my opinion, the best pair to capitalize on EUR weakness. Great opportunity and lots of reward here as the price is very close to the top.
Fundamentally: EUR is going to move to 1.35-1.30, and JPY is going to be bought as carry trades are closed with SP500, DJIA and Nasdaq start a massive correction from all time highs. Also Nikkei looks ugly.
Technically: Weakness and more weakness, nothing much to say. Longer picture on Weekly charts shows massive divergences and price action pointing a huge move lower.
In my opinion, the best pair to capitalize on EUR weakness. Great opportunity and lots of reward here as the price is very close to the top.
EURJPY looks very bearish, both technically and fundamentally. I thinks this pair will have the biggest movements on the next weeks/moths. Fundamentally: EUR is going to move to 1.35-1.30, and JPY is going to be bought as carry trades are closed with SP500, DJIA and Nasdaq start a massive correction from all time highs. Also Nikkei looks ugly. Technically: Weakness and more weakness, nothing much to say. Longer picture on Weekly charts shows massive divergences and price action pointing a huge move lower. In my opinion, the best pair to capitalize...
look what happend last time.Everythings possible.
- #1,534
- Apr 7, 2014 3:13am Apr 7, 2014 3:13am
- Joined Jun 2013 | Status: Poor Man | 1,085 Posts
The good thing with the future is that it is progressively approaching...
- #1,537
- Apr 8, 2014 5:25am Apr 8, 2014 5:25am
{quote} Already seen this very bearish before
- #1,539
- Apr 8, 2014 12:34pm Apr 8, 2014 12:34pm
- | Joined Aug 2011 | Status: Trader | 2,640 Posts
Hello EUR/YEN
Been trying to clear this chart
still have 2 small shorts to 139
Lets see if 140 will hold
Big mistake stacking trades
an it zoomed off in the other direction
Taken nearly 2 months to sort out.
Hard case read US/JPY so well
an this pair I really screw up
Been trying to clear this chart
still have 2 small shorts to 139
Lets see if 140 will hold
Big mistake stacking trades
an it zoomed off in the other direction
Taken nearly 2 months to sort out.
Hard case read US/JPY so well
an this pair I really screw up
