Dislikedat the beginning of this year UJ hit a higher high at 105.xx and then it fell and remained low until this month. Any chance this is the same case and UJ will need to collect steam to run the bull train again?Ignored
- #49,705
- Nov 4, 2014 2:47am Nov 4, 2014 2:47am
- Joined Jun 2013 | Status: Poor Man | 1,085 Posts
The good thing with the future is that it is progressively approaching...
- #49,707
- Nov 4, 2014 3:10am Nov 4, 2014 3:10am
- Joined Jun 2013 | Status: Poor Man | 1,085 Posts
{quote} Sorry but this pair will not see 108,2 for a very long time. Good luck though!
Venceremos
The good thing with the future is that it is progressively approaching...
- #49,708
- Nov 4, 2014 3:22am Nov 4, 2014 3:22am
Got something very funny to say. Totally irrelevant to TA and fundamental but there's people i know who is always on WRONG side of trade. Now he has gone long UJ, i would be worried as a long and am thinking time for RT (cos he is always wrong or too late for trend) 
e.g. he shorts GU at .67 (and it almost .72), EU at .35 (and it went .39) GJ at 172 (and it 180 UK referendum time). When he buys, it drops 168... same for UJ he short 102 (it goes 109), he buys 109 (it goes 105), he shorts 108 (it goes 114). And now he's on long UJ
So our friend spinozagr may actually have a valid call who knows? Too chicken to short UJ but I believe RT coming, formations are showing in bigger TF (plus my "buddy" who is always wrong is long at 114).
Cya all on the next bus!
e.g. he shorts GU at .67 (and it almost .72), EU at .35 (and it went .39) GJ at 172 (and it 180 UK referendum time). When he buys, it drops 168... same for UJ he short 102 (it goes 109), he buys 109 (it goes 105), he shorts 108 (it goes 114). And now he's on long UJ
So our friend spinozagr may actually have a valid call who knows? Too chicken to short UJ but I believe RT coming, formations are showing in bigger TF (plus my "buddy" who is always wrong is long at 114).
Cya all on the next bus!
- #49,709
- Nov 4, 2014 3:31am Nov 4, 2014 3:31am
{quote} you might be right... its a risky position (thats why the tight sl).... though the R/R is very good in my eyes... lets see Venceremos
I dont see 108.2 on fibo but 109.705 - 110.769 are more likely targets. Even 61.8% 108.641... I think u drew the fibo wrongly
top should be 0% for measuring RT on uptrend but yours is 100 there? Correct me if I am wrong guys
- #49,711
- Nov 4, 2014 3:59am Nov 4, 2014 3:59am
- Joined Jun 2013 | Status: Poor Man | 1,085 Posts
{quote} I dont see 108.2 on fibo but 109.705 - 110.769 are more likely targets. Even 61.8% 108.641... I think u drew the fibo wrongly
the fibos are not wrong...I am not drawing, they are automatically setting up... what u see is depending on the parameters setting... different parameters different results....if i am not wrong they are drawn looking 365 days behind...
but in any case i didnt tell anything about fibos retracement...i was told for 108,2 looking the ichimoku cloud...
hope that helps
Venceremos
The good thing with the future is that it is progressively approaching...
{quote} I dont see 108.2 on fibo but 109.705 - 110.769 are more likely targets. Even 61.8% 108.641... I think u drew the fibo wrongly
- #49,716
- Nov 4, 2014 6:47am Nov 4, 2014 6:47am
{quote} hi MaryAnne the fibos are not wrong...I am not drawing, they are automatically setting up... what u see is depending on the parameters setting... different parameters different results....if i am not wrong they are drawn looking 365 days behind... but in any case i didnt tell anything about fibos retracement...i was told for 108,2 looking the ichimoku cloud... hope that helps Venceremos
No problems and thanks for explaining. Just thought it looked odd since we are in uptrend but the fibo is drawn *as if we are downtrend*
Tbh if they wanna hit 120 fast in next wave and not after a series of little mini cycles, 108.2 may give the required momentum. Good place to add buy orders
{quote} told ya... get on the bus when it comes again. dont rush after it bro
- #49,720
- Nov 4, 2014 7:05am Nov 4, 2014 7:05am
{quote} yhh entered at the wrong spot... wasn't focusing but hey!!... looking to break even with this one!!...I see my UCAD prediction to 11400 coming along nicely just hit the TP
Well done. Let see if it hits FE 50 at 1.1409
I wish I knew all this earlier... boohoo
UJ u are in trend tho even if it RT dont panic.