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10.4 A Complete System
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Author:  zentauro67 [ Mon Apr 15, 2013 9:09 pm ]
Post subject:  Re: 10.4 A Complete System
XXXJPY... :?: 50% or 61.8% correction?
Author:  mjws00 [ Mon Apr 15, 2013 9:18 pm ]
Post subject:  Re: 10.4 A Complete System
LOL. Didn't even breathe.
Author:  fx800 [ Mon Apr 15, 2013 9:22 pm ]
Post subject:  Re: 10.4 A Complete System
fx8000 wrote:
fx8000 wrote:
grimweasel wrote:I wouldn't be betting against this Shooting Star (Pin bar) on USDYEN weekly. I think the 100 level had been rejected here...
More fall expected in USDJPY when the market opens. Support at 96.75. I will be looking for buy signals from there.

USDJPY at 96.75, will the support hold ?

Dow Jones plunging over 250 points contributing to yen buying.

More pain to come ?
Here is the answer to the above question
Author:  zentauro67 [ Mon Apr 15, 2013 9:32 pm ]
Post subject:  Re: 10.4 A Complete System
No 50, no 61.8... 240LMA bounce! (Hope it didn´t hit your SLs) :?
Screenshot - 15_04_2013 , 23_30_18.jpg
Author:  kwanann [ Mon Apr 15, 2013 9:33 pm ]
Post subject:  Re: 10.4 A Complete System
Woah just saw the record drop in yen, and to think today is just Monday..
Author:  kwanann [ Mon Apr 15, 2013 9:38 pm ]
Post subject:  Re: 10.4 A Complete System
zentauro67 wrote:No 50, no 61.8... 240LMA bounce! :lol:
Screenshot - 15_04_2013 , 23_30_18.jpg
Wait.l it's still not done yet
Author:  SWG123 [ Mon Apr 15, 2013 9:59 pm ]
Post subject:  Re: 10.4 A Complete System
NZDJPY - if 79.5 doesn't hold then I'll give up trying to predict forex moves and go back to sticking pins in race cards. :| :D
nzdjpy.daily.png
Author:  zentauro67 [ Mon Apr 15, 2013 10:03 pm ]
Post subject:  Re: 10.4 A Complete System
This is like a chess game. In the past, when risk appetite receded after a Wall Street carnage, money run to gold as a safe haven. Today we have this crazy situation. Two days before a misterious hand :twisted: hit gold and now yen is the only place to go. Congrats US Treasury. Its threats to BOJ had some second reading...
Author:  slowkey [ Mon Apr 15, 2013 10:25 pm ]
Post subject:  Re: 10.4 A Complete System
If candle sticks count for anything all of the yen pairs on the hourly are pins. I think the pairs have found their bottom. We will see in a few hours. However present movement seems to indicate weakness.
Author:  nanningbob [ Mon Apr 15, 2013 10:33 pm ]
Post subject:  Re: 10.4 A Complete System
Huge 100 pip pin bars on some of these JPY pairs. Maybe it is done. What a carnage. Just to let some people know that yesterday during the Asian session I took some losses by cutting my lot sizes in half on most of my trades. I did it as a precaution because I never expected to happen what happened. It saved my account and even now I can trade again. I have enough margin to enter back into a retrace. We will see how it goes but man oh man I really got laughed at, at FF for trading small but it is days like today that I do it. I have preserved my account and I live to trade another day. Now lets see if I can get out of this mess. I was 10 wins 31 losses ( I cleared out all non jpy trades) account is down 23% means I gave back about 1/3 of my profits. Ok the carnage is over. I lived to trade another day.
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