I got the same, looks like it is heading south though.linuspoon wrote:I'm setting up for CADJPY trades as it is showing a bounced off 240MA. Anyone else in this as well?
Linus
10.4 A Complete System
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Fourxxxx
Re: 10.4 A Complete System
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SWG123
- Trader
- Posts: 565
- Joined: Wed Nov 16, 2011 3:02 pm
- Location: Cape Town
Re: 10.4 A Complete System
Yep, long everything XXXJPY except GBP and USD.linuspoon wrote:I'm setting up for CADJPY trades as it is showing a bounced off 240MA. Anyone else in this as well?
Linus
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nanningbob
- Trader
- Posts: 4564
- Joined: Sun Dec 04, 2011 1:23 pm
Re: 10.4 A Complete System
This is a very low risk high return trade. Your SL placement is small and the potential reward is good. 2013 could be a good year for the commodity currencies being strong. Cad, Aud, NZD. See what happens. If the USD get congress to finally come up with some kind of deal then USD will be strong. GBP and JPY will be weak and we wont have to think most of the year.linuspoon wrote:I'm setting up for CADJPY trades as it is showing a bounced off 240MA. Anyone else in this as well?
Linus
I trade http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3964,
I talk about my philosophy of trading here.
http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3627
"The key to converting something useful to others is simplicity. Complexity is the enemy to execution." Tony Robbins
I talk about my philosophy of trading here.
http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3627
"The key to converting something useful to others is simplicity. Complexity is the enemy to execution." Tony Robbins
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sponn
- Trader
- Posts: 348
- Joined: Fri Jul 20, 2012 9:49 am
Re: 10.4 A Complete System
Eur/aud looks good again (long) but hard to say how long aud will be weak as it is now.
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mjws00
- Trader
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- Location: Victoria
Re: 10.4 A Complete System
I'm looking at AUDCAD as well. Pending is in. We'll see.
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Reading the dark heart.
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SWG123
- Trader
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- Joined: Wed Nov 16, 2011 3:02 pm
- Location: Cape Town
Re: 10.4 A Complete System
Hmm, the MA looks a bit flat don't you think? ...mjws00 wrote:I'm looking at AUDCAD as well. Pending is in. We'll see.
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lhDT
- Trader
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- Joined: Tue Nov 15, 2011 9:52 pm
- Location: Brussels/Belgium
Re: 10.4 A Complete System
I'm long since yesterday on CJ, Took the trade a bit early (-38).nanningbob wrote:This is a very low risk high return trade. Your SL placement is small and the potential reward is good. 2013 could be a good year for the commodity currencies being strong. Cad, Aud, NZD. See what happens. If the USD get congress to finally come up with some kind of deal then USD will be strong. GBP and JPY will be weak and we wont have to think most of the year.linuspoon wrote:I'm setting up for CADJPY trades as it is showing a bounced off 240MA. Anyone else in this as well?
Linus
Now trading below the 240. Trade going vulnerable afer that strong bearish H1 bar.
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mjws00
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Re: 10.4 A Complete System
Well I'm long a nice little peaker trade EURCAD. @ WMR1 They were kind enough to tag me and drop like a rock. Hopin WP Holds. Time for me to be patient. I hate that. 
Reading the dark heart.
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Wiggy1965
- Trader
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- Location: Melbourne - Australia
Re: 10.4 A Complete System
That's a buggar,mjws00 wrote:Well I'm long a nice little peaker trade EURCAD. @ WMR1 They were kind enough to tag me and drop like a rock. Hopin WP Holds. Time for me to be patient. I hate that.
I didn't get entered as i placed my order above previous candle highs....
It's funny, xMeter has sorted it and may limit out for about +40 pips, about 10 shot of it right now...
Wiggy
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mjws00
- Trader
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- Joined: Fri Jan 04, 2013 10:17 pm
- Location: Victoria
Re: 10.4 A Complete System
Even funnier is I was short it a couple hours ago. 
Reading the dark heart.