{quote} I realize that when USD/JPY and EUR/USD move strong in opposite directions, the EUR/JPY gets flat and it's hard to trade it. USD/JPY has broken 102,00.
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #2,121
- Jul 30, 2014 8:25am Jul 30, 2014 8:25am
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
- #2,123
- Jul 30, 2014 9:50am Jul 30, 2014 9:50am
- Joined May 2010 | Status: Trader | 2,693 Posts
hi all,
if i'm not wrong EJ bouncing back to138.00/11 area
cheers,
if i'm not wrong EJ bouncing back to138.00/11 area
cheers,
- #2,124
- Jul 30, 2014 10:26am Jul 30, 2014 10:26am
- Joined Nov 2010 | Status: To pip or not to pip... | 1,030 Posts
Taigen Profit This Month:
na
- #2,128
- Jul 30, 2014 11:26am Jul 30, 2014 11:26am
- Joined Mar 2010 | Status: FUNDAMENTAL IS EVERYTHING | 1,877 Posts
THERE IS NO SYSTEM
- #2,130
- Jul 30, 2014 12:12pm Jul 30, 2014 12:12pm
{quote} I was stopped out on that trade, I didn't see the triangle until yesterday, waiting for PA get close to 1.38x to going short again, blue rectangle in my chart, I'm not going long neither. No more CT trades.
- #2,131
- Jul 30, 2014 12:13pm Jul 30, 2014 12:13pm
looking at 4 hour chart, it's still a downtrend. the breakout on your chart is probably due to weakness in yen. i doubt it will weaken further.{quote}
daily trend resistance at 138-138,20 area.
- #2,133
- Jul 30, 2014 12:31pm Jul 30, 2014 12:31pm
- Joined Feb 2014 | Status: Trader | 1,796 Posts
Wave (A) of the the correction looks complete, now into wave (B), could be even more complicated.
Elliott Wave for optimum entry, exit and risk management of trades
- #2,135
- Jul 31, 2014 3:30am Jul 31, 2014 3:30am
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
{quote} Be very careful with the shorts, UJ has broken the weekly trendline. (102,40)
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
