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  • #921
  • Dec 12, 2014 2:57pm Dec 12, 2014 2:57pm
Off topic - did you see the Dow and FTSE today - what the hell.
  • #922
  • Dec 12, 2014 3:09pm Dec 12, 2014 3:09pm
Quoting Jettala
OK buddies Have a nice week end ....especialy all active members(TessiaFX,Sunsilk,Rizmeister,dButtun1990 and Don of Forextrading Mr.BENAIAH who always participate in conversation that is helpfull in trading. GOOD LUCK Jettala {image}
Thanks Jettala Have a good one chat to you next week
  • #923
  • Dec 12, 2014 3:11pm Dec 12, 2014 3:11pm
Quoting Sunsilk
Off topic - did you see the Dow and FTSE today - what the hell.
I didn't but will go and have a look
  • #924
  • Dec 12, 2014 3:17pm Dec 12, 2014 3:17pm
Quoting TessiaFx
{quote} I didn't but will go and have a look
Apparently the sell off of oil has caused stocks to drop.

Bt they have tanked! Potential buy anyone?
  • #925
  • Dec 12, 2014 3:20pm Dec 12, 2014 3:20pm
Ouch they really did drop.... um according to my FF screen the market is still open for another 45 mins but my screen has closed..... guess I am in for the weekend after all..... we don't do daylight saving here am wondering whether my time is out because of it..... do you all have that the market is still open too??
  • #926
  • Dec 12, 2014 3:40pm Dec 12, 2014 3:40pm
Quoting TessiaFx
Ouch they really did drop.... um according to my FF screen the market is still open for another 45 mins but my screen has closed..... guess I am in for the weekend after all..... we don't do daylight saving here am wondering whether my time is out because of it..... do you all have that the market is still open too??
Where are you based?

I am in the UK and its 20 to 10. Markets close 10pm GMT so have charts open until then, then will be back at 10pm GMT sunday.

I will be in for the weekend too.
  • #927
  • Dec 12, 2014 4:01pm Dec 12, 2014 4:01pm
TPd and re-entered long. Here's to a big green candle on open Sunday!
Good luck and may the odds be ever in your favor!
  • #928
  • Dec 12, 2014 4:20pm Dec 12, 2014 4:20pm
Gidday Yen

Great reading all the posts

Being a chicken shit trader

did a we short on close to 117

Yen bus maxed out to 120

If this smokes 120 it will be the trade off the year for me

Still many thinking 115 etc

It will be interesting to see how it plays out
  • #929
  • Dec 12, 2014 4:22pm Dec 12, 2014 4:22pm
Have a nice weekend everyone!! I will see everyone on Sunday!!! I held longs over the weekend. ELECTIONS!
  • #930
  • Dec 12, 2014 4:40pm Dec 12, 2014 4:40pm
I'm in SA so 2 hrs ahead of UK but your time for markets to be open matched FF so not sure what happened on my platform it closed at 10:15 my time when the market was open till 11....
Well looks like we are all in till Sunday together so here's to a big green candle indeed!! dbutton nicely done taking profit and reentering....
  • #931
  • Dec 12, 2014 5:55pm Dec 12, 2014 5:55pm
See ya peeps
  • #932
  • Dec 13, 2014 6:39am Dec 13, 2014 6:39am
The new week will come with surprises. You guys still holding long will be at the receiving side. Remember, this sudden bull for Euro has no significant factor backing it. It started when a good Unemployment data for US was posted two Fridays ago. Last Friday the data were bad for USD but instead of EU flying it suddenly dropped. This is the sign. The highest height for EU for now is 1.24955. It may be dropping to 1.21-1.20 in the coming weeks.
Trade wisely!
  • #933
  • Dec 14, 2014 2:24pm Dec 14, 2014 2:24pm
happy Sunday everyone!
  • #934
  • Dec 14, 2014 2:41pm Dec 14, 2014 2:41pm
Quoting Rizmeister
happy Sunday everyone!
Yo man.

Feel beat ha. Trading hasn't even started.

At least Abe won that election. Going to be interesting this week.

What's your take on it?
  • #935
  • Dec 14, 2014 2:51pm Dec 14, 2014 2:51pm
We should see long term effects
  • #936
  • Dec 14, 2014 3:00pm Dec 14, 2014 3:00pm
Quoting Rizmeister
happy Sunday everyone!
Happy Sunday

See Abe won and it did gap up but has now moved below Fridays close..... does look like it will be an interesting week..... and fingers crossed if there is a gap at open it's back to a gap up...
  • #937
  • Dec 14, 2014 3:50pm Dec 14, 2014 3:50pm
Hey everybody! Let's have a good week!

I was looking at what UJ did so far before the weekly open, and it went briefly above 119, and pulled back. On the NY close daily chart, it just bounced off the 8 EMA.

As I posted before, price is trapped between daily chart 8/20 EMAs, and consolidating. So, now, as long as the 20 EMA holds it up, we will see eventual break above the 8 EMA. And since consolidation is tightening up, the break out should be strong, and I'd expect at the very least for it to try and attack the prior high. However, I would also not be surprised to see more consolidation and volatility on it's way back up there...

Until the breakout, I'd look for buying opportunities if it comes anywhere near the 20 EMA again. However, I doubt it falls that far, as the trend line on H1 is showing it moving away from the 20 EMA in consolidation.
Attached Image (click to enlarge)
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  • #938
  • Dec 14, 2014 4:24pm Dec 14, 2014 4:24pm
Gidday Yen

Another week of action

One short running

But YEN bus is fully loaded from 118

If this goes below 117

I will put in a call to Abe:nerd:
  • #939
  • Dec 14, 2014 4:28pm Dec 14, 2014 4:28pm
Quoting eliteincome
Gidday Yen Another week of action One short running But YEN bus is fully loaded from 118 If this goes below 117 I will put in a call to Abe:nerd:
lol ...
Fix up, trade sharp ...
  • #940
  • Dec 14, 2014 4:29pm Dec 14, 2014 4:29pm
Will start blocking posters who don't respect the rules. I've given some leeway. But some of the nonsense is becoming annoying.
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