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  • #3,261
  • Apr 27, 2017 3:31am Apr 27, 2017 3:31am
Quoting turnip15
Testing EJ 123 - thought I had a short but it looks in danger of being stopped out here -Daily had shown a jump up thus I expected more power to my short. Constructive comment welcome :-) {image}
No, I think you had it right. I had EJ down as a short all the way (as seen by comments over at Billy's). It's just a bad-beat.

I'd say it's some sort of holdover from the Bank of Japan red news overnight. It will be interesting to see how it reacts once the US gets into the game.

EDIT: I'd be hanging on and looking at a second entry off of this bar if it doesn't push on past the high.
  • #3,262
  • Apr 27, 2017 3:41am Apr 27, 2017 3:41am
Quoting lemercenaire
{quote} No, I think you had it right. I had EJ down as a short all the way (as seen by comments over at Billy's). It's just a bad-beat. I'd say it's some sort of holdover from the Bank of Japan red news overnight. It will be interesting to see how it reacts once the US gets into the game. EDIT: I'd be hanging on and looking at a second entry off of this bar if it doesn't push on past the high.
Ok then, that bar has pushed on to a new high, so we have to wait a bit longer anyway.

While we wait, take a look at the two higher time-frames for info.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH4as1-2-3infofromH4tf27thApri17.png Size: 27 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYDailyas1-2-3info27thApril17.png Size: 26 KB


Interesting and encouraging. You can see there was still a bit of room above on the H1...
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH1as1-2-3asinfoforMr-T27thApril17.png Size: 30 KB


However it's definitely looking like it wants to turn, up on the higher TF's.

Watch this space
  • #3,263
  • Apr 27, 2017 4:08am Apr 27, 2017 4:08am
Attached Image (click to enlarge)
Click to Enlarge Name: 42717 123 ej.png Size: 18 KB

So now you got my curiosity on the EJ. Took it short this hour as it was the only one in play for me and I tend toward over trading. I was able to net the +5 and took on the larger SL. Will be interesting to see if it continues to push higher.
  • #3,264
  • Apr 27, 2017 4:14am Apr 27, 2017 4:14am
Quoting hal7
{image} So now you got my curiosity on the EJ. Took it short this hour as it was the only one in play for me and I tend toward over trading. I was able to net the +5 and took on the larger SL. Will be interesting to see if it continues to push higher.
Yep, got the quickie too. Fib-Map shows my tp points...
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH1yepmetooforaquickie1-2-3April27th17.png Size: 34 KB


Did you jump back in, Mr-T?
  • #3,265
  • Apr 27, 2017 4:34am Apr 27, 2017 4:34am
EJ seems to be moving down now. Will watch 121.20 with interest.
  • #3,266
  • Apr 27, 2017 5:30am Apr 27, 2017 5:30am
Attached Image (click to enlarge)
Click to Enlarge Name: 42717 123 eu.png Size: 17 KB

Too the EU long this hour +8 profit locked. Another day, another Euro.
  • #3,267
  • Apr 27, 2017 6:10am Apr 27, 2017 6:10am
Attached Image (click to enlarge)
Click to Enlarge Name: 42717 123 gj.png Size: 18 KB

Short the GJ locked +5, short moves so far today.
  • #3,268
  • Apr 27, 2017 6:36am Apr 27, 2017 6:36am
Watch out for anything involving the Euro now, Hal. Heavy red news coming in minutes (also for the Dollar later on).
  • #3,269
  • Apr 27, 2017 6:40am Apr 27, 2017 6:40am
Quoting lemercenaire
{quote} Yep, got the quickie too. Fib-Map shows my tp points... {image} Did you jump back in, Mr-T?
That earlier EJ trade, moved on, cw a three-point fib-map - notice how price respects those levels again and again...

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH1howthat1-2-3workedout-lookat3ptFMrespected27thApril17.png Size: 37 KB


EDIT: It should be noted that at the time of the trade running, the middle of the three was tagged to the low of the range at the time (which has since moved lower).
  • #3,270
  • Apr 27, 2017 6:45am Apr 27, 2017 6:45am
Quoting lemercenaire
Watch out for anything involving the Euro now, Hal. Heavy red news coming in minutes (also for the Dollar later on).
Yeah, I see that. Thanks for the heads up Lem. 5,4,6,2....1
  • #3,271
  • Apr 27, 2017 6:46am Apr 27, 2017 6:46am
Or possibly 5,4,3,2....1
  • #3,272
  • Apr 27, 2017 6:53am Apr 27, 2017 6:53am
Quoting lemercenaire
{quote} That earlier EJ trade, moved on, cw a three-point fib-map - respects those levels againotice how price n and again... {image} EDIT: It should be noted that at the time of the trade running, the middle of the three was tagged to the low of the range at the time (which has since moved lower).
Yeah I was keeping a close watch on that area also. Currently sit at around +20 in that trade if it could push through that, may be some bigger numbers in store but can't complain with what is there all ready. It is quite strong there extends through yesterday.
  • #3,273
  • Apr 27, 2017 6:55am Apr 27, 2017 6:55am
Quoting hal7
Or possibly 5,4,3,2....1
I prefer 5, 4, 6, 2...1

Shows a knowledge of how the world actually functions
  • #3,274
  • Apr 27, 2017 7:01am Apr 27, 2017 7:01am
Quoting lemercenaire
{quote} I prefer 5, 4, 6, 2...1 Shows a knowledge of how the world actually functions
Yes, it was picked up in trading the forex markets.
  • #3,275
  • Apr 27, 2017 7:12am Apr 27, 2017 7:12am
Quoting turnip15
Testing EJ 123 - thought I had a short but it looks in danger of being stopped out here -Daily had shown a jump up thus I expected more power to my short. Constructive comment welcome :-) {image}
This next 123 on EJ seemed to pay off ?
Attached Image (click to enlarge)
Click to Enlarge Name: EJtest1310T123.jpg Size: 480 KB
every Saint has a past. Every Sinner has a Future
  • #3,276
  • Apr 27, 2017 7:14am Apr 27, 2017 7:14am
Quoting lemercenaire
{quote} Yep, got the quickie too. Fib-Map shows my tp points... {image} Did you jump back in, Mr-T?
posted chart above Lem
every Saint has a past. Every Sinner has a Future
  • #3,277
  • Apr 27, 2017 7:35am Apr 27, 2017 7:35am
Attached Image (click to enlarge)
Click to Enlarge Name: 42717 123 eu 2.png Size: 17 KB

Did take this EU long under risky conditions, it panned out to +11 profit locked. And just shot up to +30
  • #3,278
  • Apr 27, 2017 7:53am Apr 27, 2017 7:53am
Quoting hal7
{image} Did take this EU long under risky conditions, it panned out to +11 profit locked. And just shot up to +30
Yep - just a wild guess but I'm thinking that trade's probably done, lol...

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH1as1-2-3justaguessbutprbdonelol27thapril17.png Size: 35 KB


Nice call taking the one back up.
  • #3,279
  • Apr 27, 2017 8:10am Apr 27, 2017 8:10am
Assuming your broker spreads don't kill you on this pair, one for the Watch-List.

Check out those moves over the last couple of days ...

Attached Image (click to enlarge)
Click to Enlarge Name: NZDJPYH1as1-2-3candidatesurely27thApril17.png Size: 28 KB
  • #3,280
  • Apr 27, 2017 8:11am Apr 27, 2017 8:11am
Quoting lemercenaire
{quote} Yep - just a wild guess but I'm thinking that trade's probably done, lol... {image} Nice call taking the one back up.
Yes it turned out kind of like this.... An old board game from before even I was a kid
Attached Image
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