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  • #941
  • Jun 23, 2016 5:23am Jun 23, 2016 5:23am
GJ still bullish no doubt about that. But IIIIFFFF they reject it here at the 62% fib or 75% fib. 1000 pips down or more? Maybe just in time after the voting? I put fibonacci time there just to see if price will turn after it hits 1.50. If so that fib time is GUESTIMATING they might do it tomorrow or Monday.
  • #942
  • Jun 23, 2016 5:31am Jun 23, 2016 5:31am
wow....i went to sleep instead of trying to trade last night and woke up to a mess. no way is it tradable other than some crazy bracket order for a few points and even then its tough because of the spread. Anyways, going to look at AU and AJ and see if theres some more upside there.
  • #943
  • Jun 23, 2016 5:37am Jun 23, 2016 5:37am
Quoting raiders
wow....i went to sleep instead of trying to trade last night and woke up to a mess. no way is it tradable other than some crazy bracket order for a few points and even then its tough because of the spread. Anyways, going to look at AU and AJ and see if theres some more upside there.
It's already at it's ADR should have joined the train earlier may have one more leg up then consolidation. Unless they are going to try to hit 2-3x the average today. But anyway, I am still watching it.
  • #944
  • Jun 23, 2016 6:42am Jun 23, 2016 6:42am
Yes ugly price all over place 100 range just on the 5 min will try buy for 100 on dip
  • #945
  • Jun 23, 2016 6:46am Jun 23, 2016 6:46am
But look? As always M5 must close above fractal. Final leg up to 62% FE? We will see. If price hits below fractal trade is null and voided.

* Still struggling to close above it....
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  • #946
  • Jun 23, 2016 6:57am Jun 23, 2016 6:57am
GJ taking a dump? Got killed at 62% retrace? Too early I expect them to do it tomorrow. Wait wait don't do it yet.
  • #947
  • Jun 23, 2016 1:09pm Jun 23, 2016 1:09pm
AU
possibly finishing up a correction here. If it is, then this would be ii

Im looking for a reject either here or at .764 area which is just above the channel as that would be equal legs from the bottom plus it would fall in between the 618 and 786 retrace from the high on 4/21

lets see how it reacts...


btw...nice bearish divergence accross the 15, 30 and 1h
Attached Image(s) (click to enlarge)
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  • #948
  • Jun 23, 2016 2:19pm Jun 23, 2016 2:19pm
Quoting maflip
But GJ is nearing a 75% retrace of this huge down move swing (H4 chart). Gonna be interesting. Even if we change trend to the upside. I expect some strong reaction there. At this time it's a little above 62%... And this is why Edmund is bullish on GJ price is above alligator green line. hah hah. Edmunds secret tsk tsk tsk. The dragon level huh Edmund? So secretive geez as if he invented Fractals and Alligator lines... But it's cool bro. {image}
I take level from M30 , umm , may be match H4 alligator , I dont know that .
* so far I bullish on GJ is correct , , bed time for me .
Exits == most important part of your strategy
  • #949
  • Jun 23, 2016 2:32pm Jun 23, 2016 2:32pm
at one point my GJ spread was over 80

anyways....so far AU is rejecting the .764 zone nicely. Lets see if it keeps the high there and starts to fade. as of right now my entrance will be at .7588 but thats subject to change depending on how it moves
  • #950
  • Jun 23, 2016 2:46pm Jun 23, 2016 2:46pm
Quoting raiders
at one point my GJ spread was over 80 anyways....so far AU is rejecting the .764 zone nicely. Lets see if it keeps the high there and starts to fade. as of right now my entrance will be at .7588 but thats subject to change depending on how it moves
I 5 am reach home and open Mt4 , saw GJ spike down and notice the spread is 45 pips or 450 points
Exits == most important part of your strategy
  • #951
  • Jun 23, 2016 6:28pm Jun 23, 2016 6:28pm
nothing but bracket orders to gobble up points
  • #952
  • Edited 6:42pm Jun 23, 2016 6:32pm | Edited 6:42pm
Quoting maflip
But GJ is nearing a 75% retrace of this huge down move swing (H4 chart). Gonna be interesting. Even if we change trend to the upside. I expect some strong reaction there.
I woke up only to see what I have seen may happen already happened hitting target one on my H4 chart at 148.666. Without even waiting for me. This up move is already pre planned weakening at the 62% they are just waiting for the voting to finish.

Still not too late, IF price can stay below this H4 fractal. Target 2 may get hit at 141.59. Problem is broker margin is freakin too low right now. My hands are still tied. They don't want us making money.
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  • #953
  • Jun 23, 2016 6:38pm Jun 23, 2016 6:38pm
Quoting maflip
But look? As always M5 must close above fractal. Final leg up to 62% FE? We will see. If price hits below fractal trade is null and voided. * Still struggling to close above it.... {image}
I woke up to see this thing also hit target only to drop heavily afterwards.
  • #954
  • Jun 23, 2016 6:45pm Jun 23, 2016 6:45pm
Whooo crazy spread on GJ.
  • #955
  • Jun 23, 2016 6:55pm Jun 23, 2016 6:55pm
Quoting maflip
Whooo crazy spread on GJ.
i believe its about 7 min till a bunch of voting data gets dropped.
  • #956
  • Jun 23, 2016 6:56pm Jun 23, 2016 6:56pm
watching 757 in AU to see if i can get short on it again
  • #957
  • Jun 23, 2016 7:00pm Jun 23, 2016 7:00pm
Quoting raiders
{quote} i believe its about 7 min till a bunch of voting data gets dropped.
Hah hah I wouldnt be surprised if this thing seesaw for 1000 pips. I am more curious to how many people received a margin call. Low broker margin, huge spread. Big recipe for a margin call.
  • #958
  • Jun 23, 2016 7:17pm Jun 23, 2016 7:17pm
Quoting maflip
{quote} Hah hah I wouldnt be surprised if this thing seesaw for 1000 pips. I am more curious to how many people received a margin call. Low broker margin, huge spread. Big recipe for a margin call.
ive booked 6 trades so far 5 winners and 1 loser which would have been a winner if not for a spread spike to kill the SL and have had 1 order canceled because of margin

and I just canceled a GU short that would have been winner.

Im playing everything to the short side with bracket orders and loving life. Just keeping everything at a reasonable level and only 1 order at a time...other than when I had the AU short out there
  • #959
  • Jun 23, 2016 7:54pm Jun 23, 2016 7:54pm
https://twitter.com/Livesquawk/statu...73531944267778


Japan MoF's Asakawa: FX moves are rough, will speak to minister and act as necessary


watch jpy shorts
  • #960
  • Jun 23, 2016 8:04pm Jun 23, 2016 8:04pm
Wow man its now way passed my expectation. Normally it would take days to get to this level it got here in a matter of hours.
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