{quote} G'day Benaiah, It feels this retracement may also have a time component to it - ie might drift sideways for a day or 2, before blasting off. But, wouldn't count on any lags, as everyone and their dog seem to be bullish right now.
Bull City Baby! Buying Opportunities
- #181
- Dec 8, 2014 5:18pm Dec 8, 2014 5:18pm
- Joined Jul 2013 | Status: Trader | 2,059 Posts
- #184
- Dec 8, 2014 5:36pm Dec 8, 2014 5:36pm
- | Joined Nov 2013 | Status: Trader | 1,222 Posts
Entry at current level with SL at 120.48 gives a 1:10 risk reward at prior high... Edit: sorry late in posting, now it's about 1:6 R:R, but we also have strong possibility a new high will be made, so could be better...
- #185
- Dec 8, 2014 5:53pm Dec 8, 2014 5:53pm
- Joined Jul 2013 | Status: Trader | 2,059 Posts
Thank you to moderators! Name of thread is changed back to emphasize buying. 
Still, we focus currently on USDJPY (buying)
Still, we focus currently on USDJPY (buying)
- #186
- Dec 8, 2014 6:02pm Dec 8, 2014 6:02pm
- | Joined Nov 2013 | Status: Trader | 1,222 Posts
Lets see if the euro weakens some to help drive this bad boy up. As it is at the upper part of channel too.
Edit: Would really help usd/jpy get rolling.
PS: Euro falling and seeing the yen weaken would really drive this bad girl up. Lets see. Could see some fireworks soon.
As it is at the upper part of channel too.Edit: Would really help usd/jpy get rolling.
PS: Euro falling and seeing the yen weaken would really drive this bad girl up. Lets see. Could see some fireworks soon.
- #187
- Dec 8, 2014 6:11pm Dec 8, 2014 6:11pm
- Joined Jul 2013 | Status: Trader | 2,059 Posts
UJ has some momentum, and bulls are in control. Looks confirmed on H1. H4 will need to be watched though. Before next H4 candle close, we need a good 2 hours of Bull City Baby! 
- #188
- Dec 8, 2014 6:12pm Dec 8, 2014 6:12pm
- | Joined Nov 2013 | Status: Trader | 1,222 Posts
UJ has some momentum, and bulls are in control. Looks confirmed on H1. H4 will need to be watched though. Before next H4 candle close, we need a good 2 hours of Bull City Baby!
Yes sir!!! Things are aligning nicely!! Yen weakening and euro as well. Helps to drive money into the Dollar
PS: Some data will be released out of Aud soon. Potentially help fuel.
- #189
- Dec 8, 2014 6:20pm Dec 8, 2014 6:20pm
- Joined Jul 2013 | Status: Trader | 2,059 Posts
Lets see if the euro weakens some to help drive this bad boy up.
- #190
- Dec 8, 2014 6:24pm Dec 8, 2014 6:24pm
- | Joined Nov 2013 | Status: Trader | 1,222 Posts
{quote} I see EU already falling. I wasn't watching, but after your post, I looked and looks great! EU falling on cue...
I was up 15k last week or something.. I ended up closing out only 6.1k
I am still heavy and will make it up pretty fast as long as we continued onward and up! I only have to make up about 7.8k now!! I mean profit is profit!! You get where I am coming from. I should have closed at peak before retrace!
- #192
- Dec 8, 2014 6:33pm Dec 8, 2014 6:33pm
- Joined Jan 2011 | Status: dump and pump | 4,055 Posts
All posts are my personal opinion
- #193
- Dec 8, 2014 6:33pm Dec 8, 2014 6:33pm
- Joined Nov 2013 | Status: Trader | 1,391 Posts
C'mon..... %#%&!*
SPC * Swollen PocketZ Crew!
- #195
- Dec 8, 2014 6:35pm Dec 8, 2014 6:35pm
- Joined Nov 2013 | Status: Trader | 1,391 Posts
SPC * Swollen PocketZ Crew!
- #197
- Dec 8, 2014 6:38pm Dec 8, 2014 6:38pm
- Joined Jan 2011 | Status: dump and pump | 4,055 Posts
{quote} Yes sir! I need to make back some of my profits I lost from last week!!!! I was up 15k last week or something.. I ended up closing out only 6.1k
All posts are my personal opinion
- #199
- Dec 8, 2014 6:51pm Dec 8, 2014 6:51pm
- Joined Jan 2012 | Status: Trader | 1,711 Posts
Wooo hooo!!!
Good luck and may the odds be ever in your favor!