10.2a Oct. 2012 Edition

[Faramirsen]

10-22-2012 12-14-09 AM.png

I know the TMA is not in agreement with a long order but I have to say I feel like it is worth a buy. We have all pivot levels agreeing and with the news regarding the new leverage system to get Greece out of debt we might be inclined for a rise in the EUR

Hey Gustav,

If I am not mistaken - the TMA Slope is secondary for the ENTRY for 10.2a!

I took AJ long - just now:

aj.gif

What do you guys think of CABLE? Short entry on bounce of WP? BN 1.6000 seems to be a strong support.

cable.gif

[gustav213]

Faramirsen, yes it is secondary but I try to weak a system to fit me and I also put emphasize on the TMA a little more than Bob does. But with fundamentals working in a certain way we will see what happens.

[nanningbob]

eur/jpy nice run out of the box. Took my 42 pips and with the other euros going back I pocketed the profits. I reset the trade if it breaks its previous highs. Eur/nzd retraced to my +5 and closed eur/usd at -5. See what happens next.

[Faramirsen]

AJ worked nicely +40 Pips

EU worked nicely as well +35 PIPS.

Looking now for GU ....

[nanningbob]

Just a couple of trades out there with JPY making moves. Most JPY pairs are sitting out there at R1. If they break then there could be a nice run. If they dont, do we have another ranging week??

[Faramirsen]

GU is still interesting - and its like 70 pips away from MS1 - i will wait for LO to get some direction (1.6000 break needs to be confirmed)


EUR CAD looks promising - although there is later high impact news. (8 hrs)

[nanningbob]

Sheesh the difference between the high and low this week on the nzd/usd has been 40 pips aud/usd 37 pips aud/nzd 50 pips, aud/chf 25, aud/cad 55 zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

[Faramirsen]

USD / CAD - anyone?

[nanningbob]

USD / CAD - anyone?

Good play, you are around 20 points. Protect your trade and let it run.

[Faramirsen]

yep - took partial TP now before the high impact news - lets see