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The sacred edge 2.0

  • #281
  • Apr 7, 2016 1:51am Apr 7, 2016 1:51am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM30.png Size: 67 KB
  • #282
  • Apr 7, 2016 1:56am Apr 7, 2016 1:56am
Quoting ephisi
GBPJPY has a counter trend target @ 160.87 Will be looking for major correction on GBPJPY any lower timeframe short signal will be good for holding towards new daily lows after correction is done
I'm looking for a long trigger. Not there yet though.
A pip is only worth it if you know how much you risked to earn it
  • #283
  • Apr 7, 2016 1:58am Apr 7, 2016 1:58am
I'm late in the game with UJ but I think there's more south side. Looking for a short entry at any pivot retest or even at London open
A pip is only worth it if you know how much you risked to earn it
  • #284
  • Apr 7, 2016 2:04am Apr 7, 2016 2:04am
Quoting vlady1974
I'm late in the game with UJ but I think there's more south side. Looking for a short entry at any pivot retest or even at London open
Thanks Vlad. Now i got common sense method. i would wait for another correction to 112
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYWeekly.png Size: 70 KB
  • #285
  • Apr 7, 2016 2:05am Apr 7, 2016 2:05am
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Click to Enlarge Name: USDJPYH1.png Size: 66 KB
  • #286
  • Apr 7, 2016 2:07am Apr 7, 2016 2:07am
Quoting vlady1974
{quote} I'm looking for a long trigger. Not there yet though.
ok Vlad. counter trends could be really frustrating
  • #287
  • Apr 7, 2016 3:16am Apr 7, 2016 3:16am
Quoting ephisi
{quote} ok Vlad. counter trends could be really frustrating
Not looking like it will do a counter trend at this point. YEN too strong at the moment.
Dollar is interesting against Yen though..... starting to show signs of a slow bounce. Your 112 level is a nice level for big shorts for further moves down.
A pip is only worth it if you know how much you risked to earn it
  • #288
  • Apr 7, 2016 3:23am Apr 7, 2016 3:23am
Quoting ephisi
{quote} Thanks Vlad. Now i got common sense method. i would wait for another correction to 112 {image}
112 is also a monthly pivot point for April
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY-1D.JPG Size: 220 KB
A pip is only worth it if you know how much you risked to earn it
  • #289
  • Apr 7, 2016 3:28am Apr 7, 2016 3:28am
EURUSD
  • #290
  • Apr 7, 2016 3:30am Apr 7, 2016 3:30am
Quoting vlady1974
{quote} Not looking like it will do a counter trend at this point. YEN too strong at the moment. Dollar is interesting against Yen though..... starting to show signs of a slow bounce. Your 112 level is a nice level for big shorts for further moves down.
Yes Vlad, for now not looking like it. it just takes a few comments from BOJ officials and maybe intervention
  • #291
  • Apr 7, 2016 3:31am Apr 7, 2016 3:31am
Quoting vlady1974
{quote} Not looking like it will do a counter trend at this point. YEN too strong at the moment. Dollar is interesting against Yen though..... starting to show signs of a slow bounce. Your 112 level is a nice level for big shorts for further moves down.


  • #292
  • Apr 7, 2016 3:35am Apr 7, 2016 3:35am
Quoting vlady1974
{quote} Not looking like it will do a counter trend at this point. YEN too strong at the moment. Dollar is interesting against Yen though..... starting to show signs of a slow bounce. Your 112 level is a nice level for big shorts for further moves down.
Vlad we could go straight down to 105 from here. The trend is very strong. I'm only saying if for any reason we see a correction to 112 and a good TZ signal i will be shorting for new lows
  • #293
  • Apr 7, 2016 3:56am Apr 7, 2016 3:56am
Quoting ephisi
{quote} Vlad we could go straight down to 105 from here. The trend is very strong. I'm only saying if for any reason we see a correction to 112 and a good TZ signal i will be shorting for new lows
I want to actually short it. But looking for a counter trend LOL. It's all relative.
I may just give it a miss and look at others. Got a signal to short AUDCAD, so will look at that later.
A pip is only worth it if you know how much you risked to earn it
  • #294
  • Apr 7, 2016 4:07am Apr 7, 2016 4:07am
Quoting vlady1974
{quote} I want to actually short it. But looking for a counter trend LOL. It's all relative. I may just give it a miss and look at others. Got a signal to short AUDCAD, so will look at that later.
Ok Vlad, now i get what you trying to do
  • #295
  • Apr 7, 2016 4:18am Apr 7, 2016 4:18am
Lets see what effect Mario Draghi comments will have today on EURUSD
  • #296
  • Apr 7, 2016 4:25am Apr 7, 2016 4:25am
EURJPY still dropping. Will attempt to make a new low Sub 122. These are the kind of trades we should be taking. glad i made that short call for 126.50, Now we are over 300 pips from that first target. Wont miss trading such next time
  • #297
  • Apr 7, 2016 6:10am Apr 7, 2016 6:10am
Quoting ephisi
{quote} As expected EURJPY trending. if i were in that trade i would move stop to breakeven once TZ target hit and wait for trend to continue. Also i don't know how far down we would head but we have a date with 132 after exhaustion. we watch price action around 122 for reversal. EURJPY also dragging EURUSD down with it. TZ never lies. No stops to hunt, just patience needed
122 around the corner. Will not be going long as earlier planned but will wait for correction towards 132 for next big short
  • #298
  • Apr 7, 2016 8:13am Apr 7, 2016 8:13am
EURJPY < 123 now on 122 Handle
  • #299
  • Apr 7, 2016 10:02am Apr 7, 2016 10:02am
Market in risk off panic mode. TZs fail against the trend especially when market is in risk off mode. Always stay with the trend
  • #300
  • Edited 4:50am Apr 11, 2016 4:37am | Edited 4:50am
unable to close scalp short on EURUSD due to US NFA FIFO Rules. how do US traders survive with all these crazy rules and limitations?​
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