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10.4 A Complete System
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Author:  kwanann [ Thu Jun 06, 2013 2:57 pm ]
Post subject:  Re: 10.4 A Complete System

Ok took all my yen off the table. Just gonna take the loss and earn it back some other time
Author:  zentauro67 [ Thu Jun 06, 2013 3:02 pm ]
Post subject:  Re: 10.4 A Complete System

Bad week for me. If I should ignored JPY fundamentals and apply 10.4 normally surely I´ll be winning. Great lesson. Only trust the charts.
Author:  fx800 [ Thu Jun 06, 2013 3:16 pm ]
Post subject:  Re: 10.4 A Complete System

USDJPY broken thru support at 98.85.
Author:  kwanann [ Thu Jun 06, 2013 3:18 pm ]
Post subject:  Re: 10.4 A Complete System

Done for the day, jpy sucks! Gonna stick to my fav pairs (gbpusd, eurusd, usdchf), they have been saving my ass so far
Author:  kwanann [ Thu Jun 06, 2013 3:22 pm ]
Post subject:  Re: 10.4 A Complete System

fx8000 wrote:USDJPY broken thru support at 98.85.
Seems to be rallying, either way I.m out for now, going to reevaluate tomorrow
Author:  fx800 [ Thu Jun 06, 2013 3:24 pm ]
Post subject:  Re: 10.4 A Complete System

zentauro67 wrote:Bad week for me. If I should ignored JPY fundamentals and apply 10.4 normally surely I´ll be winning. Great lesson. Only trust the charts.

Well said. You are not alone.There were several yen pairs that were sell by 10.4 rules yesterday which I pass over for fear of trading against BOJ.

Need to take the rough with the smooth.
Author:  fx800 [ Thu Jun 06, 2013 3:27 pm ]
Post subject:  Re: 10.4 A Complete System

fx8000 wrote:USDJPY broken thru support at 98.85.

USDJPY H4.

USDJPY D1.

Next key support at 97.00.
Author:  kwanann [ Thu Jun 06, 2013 3:28 pm ]
Post subject:  Re: 10.4 A Complete System

My guess, it's been rising too much too fast, this is the market correcting itself. Quite evident in the monthly chart, just thought boj would still do a fast one
Author:  fx800 [ Thu Jun 06, 2013 3:59 pm ]
Post subject:  Re: 10.4 A Complete System

The Dow Jones breaking trendline as USDJPY falls.
Author:  cmeade2 [ Thu Jun 06, 2013 4:16 pm ]
Post subject:  Re: 10.4 A Complete System

Amazing collapse of the USD today
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