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  • #15,541
  • Nov 6, 2014 7:28am Nov 6, 2014 7:28am
Anyway, much as I'd love to hang out for the conclusion of this cliff hanger, I must get moving now. I have a reply to a reply to a reply to write to the potential house buyer's attorney. Man they just can't keep it simple .... ya know?

Enjoy the day folks
Ghost Rider - WWTBMD?
  • #15,542
  • Nov 6, 2014 7:29am Nov 6, 2014 7:29am
Quoting albchr
Anyway, much as I'd love to hang out for the conclusion of this cliff hanger, I must get moving now. I have a reply to a reply to a reply to write to the potential house buyer's attorney. Man they just can't keep it simple .... ya know? Enjoy the day folks
Thanks mate, you too. Im off for now too. Laters
  • #15,543
  • Nov 6, 2014 7:35am Nov 6, 2014 7:35am
A nice pair of legs just formed there on the 15m. The week's been pretty good to me, so I'll take a chance on this one. In long at 182.600.

Guess I'll take a nap and check in on this trade in a few hours. Not sure where to put a TP right now, and if it moves my way, I'll be asleep before I can set a SL to BE.

Guess it's just going to be a no-tp with a trailing stop kind of trade.
  • #15,544
  • Nov 6, 2014 7:57am Nov 6, 2014 7:57am
Quoting albchr
Anyway, much as I'd love to hang out for the conclusion of this cliff hanger, I must get moving now. I have a reply to a reply to a reply to write to the potential house buyer's attorney. Man they just can't keep it simple .... ya know? Enjoy the day folks
laters
  • #15,545
  • Nov 6, 2014 7:58am Nov 6, 2014 7:58am
Quoting FX-Ray
{quote} Thanks mate, you too. Im off for now too. Laters
laters to you too
  • #15,546
  • Nov 6, 2014 8:19am Nov 6, 2014 8:19am
Quoting 4xNewGuy
A nice pair of legs just formed there on the 15m. The week's been pretty good to me, so I'll take a chance on this one. In long at 182.600. Guess I'll take a nap and check in on this trade in a few hours. Not sure where to put a TP right now, and if it moves my way, I'll be asleep before I can set a SL to BE. Guess it's just going to be a no-tp with a trailing stop kind of trade.
Take a look at Gbp/Usd ...probably there is where you want to long and short the Gbp/Jpy

Also dollar buyers are very exhausted... I usually look at the relationship of the Usd/Jpy and Gbp/usd for clues, Off course this is in the short term. I believe some one posted a trendline support for the Gbp/Jpy ...all it takes is for it to get broken and all hell will let loose.
  • #15,547
  • Nov 6, 2014 8:33am Nov 6, 2014 8:33am
Quoting albchr
{quote} It's a dat ...... errr ..... ummm ..... DEAL!
just saw this LOL

DEAL or dat
  • #15,548
  • Nov 6, 2014 8:36am Nov 6, 2014 8:36am
Quoting IveGotQuads
{quote} Take a look at Gbp/Usd ...probably there is where you want to long and short the Gbp/Jpy Also dollar buyers are very exhausted... I usually look at the relationship of the Usd/Jpy and Gbp/usd for clues, Off course this is in the short term. I believe some one posted a trendline support for the Gbp/Jpy ...all it takes is for it to get broken and all hell will let loose.
Yes, I also do that. GBP/USD drop and USD/JPY run was mostly due to ECB meeting I think. Euro dropped over 100 pips.
Fix up, trade sharp ...
  • #15,549
  • Nov 6, 2014 9:17am Nov 6, 2014 9:17am
Vely, vely intelesting ...
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 21 KB
Fix up, trade sharp ...
  • #15,550
  • Nov 6, 2014 9:20am Nov 6, 2014 9:20am
Quoting AllyB
{quote} just saw this LOL DEAL or dat
... ... And .... http://www.forexfactory.com/showthre...16#post7852016
Ghost Rider - WWTBMD?
  • #15,551
  • Nov 6, 2014 9:27am Nov 6, 2014 9:27am
Quoting albchr
{quote} ... ... And .... http://www.forexfactory.com/showthre...16#post7852016
Nice Job, im still in. I'll just wait for now. Done for today, nice evening every1
  • #15,552
  • Nov 6, 2014 9:30am Nov 6, 2014 9:30am
Quoting FX-Ray
{quote} Nice Job, im still in. I'll just wait for now. Done for today, nice evening every1
Thank you Ray. As am I. Have a wonderful evening sir.
Ghost Rider - WWTBMD?
  • #15,553
  • Nov 6, 2014 9:34am Nov 6, 2014 9:34am
Quoting albchr
{quote} ... ... And .... http://www.forexfactory.com/showthre...16#post7852016
sweet
  • #15,554
  • Nov 6, 2014 9:35am Nov 6, 2014 9:35am
Quoting albchr
{quote} Thank you Ray. As am I. Have a wonderful evening sir.
You too Sir!
Ally, wish you a wonderful evening too, madam

Of course all others too

Im out!
  • #15,555
  • Nov 6, 2014 9:58am Nov 6, 2014 9:58am
Still a bearish view of this pair, short-term. Just my opinion, but I'd recommend waiting for a solid bottom to be formed on this pull-back before entering long positions. Loosely speaking, I'm seeing 182, 180, 179, and 175 as potential reversal areas.

So, currently testing out the quality of the foundation at 182. We'll see...
  • #15,556
  • Nov 6, 2014 10:14am Nov 6, 2014 10:14am
Quoting benaiah
Still a bearish view of this pair, short-term. Just my opinion, but I'd recommend waiting for a solid bottom to be formed on this pull-back before entering long positions. Loosely speaking, I'm seeing 182, 180, 179, and 175 as potential reversal areas. So, currently testing out the quality of the foundation at 182. We'll see...
Maybe a false breakout? Price came back quickly ... would not be unusual because everybody including me thinks: Oh, I short ...
Fix up, trade sharp ...
  • #15,557
  • Nov 6, 2014 10:22am Nov 6, 2014 10:22am
Quoting Hickson
{quote} Maybe a false breakout? Price came back quickly ... would not be unusual because everybody including me thinks: Oh, I short ...
Well, anything is possible

But until the bottom forms, I'll expect price to go lower. Will keep watching, and waiting
  • #15,558
  • Nov 6, 2014 10:35am Nov 6, 2014 10:35am
Quoting Hickson
{quote} Maybe a false breakout? Price came back quickly ... would not be unusual because everybody including me thinks: Oh, I short ...
Price hit 20sma and the tops of two previous daily candles and its also the area of the much talked about 182.20 DP from the uptrend. Two positions running here and stops just above the current top till we see some legs.
  • #15,559
  • Nov 6, 2014 10:44am Nov 6, 2014 10:44am
This is why I like looking at the lower time frames...

Nice pin bar on the H1 chart. Could be pointing to a potential bottom. However, when I look at lower time frames, I don't see a foundation to that bottom yet. I'd rather see the foundation complete. By then, there'll be a pin or engulfing bar on higher time frames which the foundation supports...

Other's may choose to just enter off the H1 pin. To me that is too risky. Way too many pin bars don't work out for me to just enter on that one candle alone. Because even if I see the foundation, sometimes it could still fall through, so I just try and get as much confluence as possible...
  • #15,560
  • Nov 6, 2014 10:47am Nov 6, 2014 10:47am
I am flat now because I have no clue and was in to early and closed it therefore after some pips. I had no idea where to put stops over night. Sometimes I wish I just would not need to sleep, so I could watch the Chart forever lol
Fix up, trade sharp ...
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