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  • #985,661
  • Apr 29, 2015 11:59am Apr 29, 2015 11:59am
Quoting mitrapips
{quote} When the move has started FOMC is just a buying opportunity, if at all. It is a non-event as far as I am concerned. This has broken the possible triple top formation at 1050 in all intraday time frames with immense strength. There is no way this is going anywhere but up unless the FOMC really pulls a fast one on us (very low probability as June deferral is a foregone conclusion by now).
well, imo, it's really depends on situation. for me, whether, it's a daily or weekly resistance, whether it's going to break or not it's depend on " PRESENT" moment. it's depend on the buyer and seller before FOMC event whether it's going up or down. in fact, everything being discount in price before any major news events
  • #985,662
  • Apr 29, 2015 12:01pm Apr 29, 2015 12:01pm
I am not sure it is Bullish or Bearish before FOMC but all trend lines are going up.
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Love for all; Hatred for none.
  • #985,663
  • Apr 29, 2015 12:02pm Apr 29, 2015 12:02pm
Everyone start buying, price will move up to 1.13000 during FOMC, I just got inside information
Trade smart, not hard
  • #985,664
  • Apr 29, 2015 12:12pm Apr 29, 2015 12:12pm
Quoting ffleo
{quote} An even bigger W pattern to complete. {image}
Agree tech wise.
  • #985,665
  • Apr 29, 2015 12:16pm Apr 29, 2015 12:16pm
USDJPY
Possible Bfly buy + ABCD D1 at 116.68, we can get a larger and lower one but I think for now that is the level to look for.
As soon the blue circle gets taken out chances for completion of ABCD will increase.
BoJ is expected to inject 10 Trillion Yen to their QE program and still ahead of FED'meeting, so a combination of two highly volatile events, in any case PA near target is the most important.
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We watch the charts from every angle so you don't have to!!
  • #985,666
  • Apr 29, 2015 12:17pm Apr 29, 2015 12:17pm
Quoting TimTheTrader
Everyone start buying, price will move up to 1.13000 during FOMC, I just got inside information
  • #985,667
  • Apr 29, 2015 12:26pm Apr 29, 2015 12:26pm
Quoting janpec1000
{quote} Agree tech wise.
that is extrapolation according to the parallel line from the bottom uptrend line eh, is that even advisable to plot according to the pattern we want?

i am new here, that is purely my observation and i do not intend to judge the foresight of our dear friends here
  • #985,668
  • Apr 29, 2015 12:27pm Apr 29, 2015 12:27pm
Ready for FOMC

http://i.imgur.com/agJIP.gif
  • #985,669
  • Apr 29, 2015 12:33pm Apr 29, 2015 12:33pm
So for FOMC, either pair caps it at 1.1160/70 and goes to take a breather down to 20/35

or

goes really close double test around 90/95 or 1.1210/20 and consolidate then shit out.
They think they are smarter than I am.
  • #985,670
  • Apr 29, 2015 12:34pm Apr 29, 2015 12:34pm
I would short now, but dovish Yellen may be the problem
Stop going for the easy buck
  • #985,671
  • Apr 29, 2015 12:37pm Apr 29, 2015 12:37pm
Quoting buttons
{quote} Jezze Ken... is there an actual choice there... lol... What about 3. War... lets look for dollar safe haven...
#4 - I am just looking for extra bonus
  • #985,672
  • Apr 29, 2015 12:41pm Apr 29, 2015 12:41pm
Call me crazy, but I have an odd feeling that the Euro is going to head south to new daily lows as soon as the Fed comes out.
  • #985,673
  • Apr 29, 2015 12:43pm Apr 29, 2015 12:43pm
Quoting Ken A
{quote} #4 - I am just looking for extra bonus
I imagine you were short @ .10xx? Figured you'd be in there

I was- for about 30 seconds lol
  • #985,674
  • Apr 29, 2015 12:43pm Apr 29, 2015 12:43pm
USD/JPY is already printing new lows. shit dollar.
  • #985,675
  • Apr 29, 2015 12:45pm Apr 29, 2015 12:45pm
Quoting schaos21
Call me crazy, but I have an odd feeling that the Euro is going to head south to new daily lows as soon as the Fed comes out.
You may be right and I also feel the same way but I don't trade with the feeling Lets see what FOMC got.
Money never sleeps I can hear the dollar calling me
  • #985,676
  • Apr 29, 2015 12:49pm Apr 29, 2015 12:49pm
Quoting shivam332
{quote} You may be right and I also feel the same way but I don't trade with the feeling Lets see what FOMC got.
Agreed, will be fun to sit on the sidelines and watch longs freak out though.
  • #985,677
  • Apr 29, 2015 12:49pm Apr 29, 2015 12:49pm
Quoting giveachance
USD/JPY is already printing new lows. shit dollar.
It needs to exceed the late march one and its bombing to hell down. The unwind thats due is massive.
The coincidental success is more dangerous than the expected failure
  • #985,678
  • Apr 29, 2015 12:52pm Apr 29, 2015 12:52pm
Quoting schaos21
{quote} Agreed, will be fun to sit on the sidelines and watch longs freak out though.
Yep. 10 mins to go..
Money never sleeps I can hear the dollar calling me
  • #985,679
  • Apr 29, 2015 12:53pm Apr 29, 2015 12:53pm
Quoting Ken A
{quote} Added one sneaky long on after GDP# release {image}

You entered a long here?!You have got balls...
  • #985,680
  • Apr 29, 2015 12:54pm Apr 29, 2015 12:54pm
Quoting gstup
{quote} You entered a long here?!You have got balls...
I rely on data .....
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