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- 4_x replied Oct 10, 2014
Gotcha, I didn't take the trade lol. It's Friday with few hours left so I agree there may not be much movement left today. I made a few pips last night and this morning scalping but closed all trades. Thank you, enjoy your weekend and I look forward ...
- 4_x replied Oct 10, 2014
The first POC and target levels hit today congratulations. From here if it reaches second POC, then is price expected to go below the initial target .8685 level in your analysis?
- 4_x replied Oct 10, 2014
Excellent, I like your CAMMACD strategy and seems to be working well for you, thanks. What do you do if trend is different on two different timeframes such as your hourly and daily? I noticed you went with counter trend the other day meaning you ...
- 4_x replied Oct 10, 2014
I see thank you. So in this strategy MACD, price action, and S&R are being lined up to calculate the POC levels. [quote=woof;7793564]
- 4_x replied Oct 10, 2014
What does POC stand for, pull-back on breakout continuation?
- 4_x replied Oct 7, 2014
Middle finger pattern forming on nzd/jpy.
- 4_x replied Sep 28, 2014
Ditto
- 4_x replied Sep 28, 2014
I see a possibility of a short term retracement going to .805 to .81 to scare the shorts exiting their positions or enticing new/more longs but I wouldn't dare try to long this pair even for a few pips. Just way too much risk on the long side. I ...
- 4_x replied Sep 12, 2014
Not sure how much steam is left as they're approaching some supply levels on larger tf. Closed all trades for weekend for some profit. I think NZD/USD is better to short for longer term after a possible retrace. Will have to watch closely on smaller ...
- 4_x replied Sep 12, 2014
I'm buying yen pairs. Small trades on dips to support levels. This move past few days is too strong signaling further yen weakness.
- 4_x replied Sep 1, 2014
This looks like an interesting trade and you have a good trading plan. I am tempted to long but I will wait for now. Good luck!
- 4_x replied Sep 1, 2014
I'm actually not in the eur/jpy trade at the moment but may take a shot if it hits 137.1 with SL of 15 pips. I normally consider strongest vs weakest in my trading as well but I am taking a shot at gbp/usd for a long. I see either a retracement ...
- 4_x replied Aug 31, 2014
Also, if you look at other JPY pairs against the usd/jpy, it is painting a different picture.
- 4_x replied Aug 31, 2014
I absolutely agree it is looking bearish at the moment, but I have reasons to believe there could be a short to mid term trend reversal coming for jpy. Even so eur should be more bearish between the two. His SL is proper to stop from big losses if ...
- 4_x replied Aug 31, 2014
These trades are essentially the same but I like both. Euro is bearish and jpy is looking bullish. The risk reward ratio 1 to 3+ is proper as well. I've been selling eur/jpy since 139 area and it's been very profitable. There's still plenty of room ...
- 4_x replied Aug 29, 2014
Does this make 1.6635 a short term small resistance or supply zone?
- 4_x replied Aug 28, 2014
Good call, let's see if this holds, so far so good.
- 4_x replied Aug 28, 2014
Could go either way but I hope the nzd and jpy data takes us below 86 later tonight. Then I'll have much more confidence in the double top. We still have the potential to going back to 89 level for some side ways action or possibly a triple top. NZD ...
- 4_x replied Aug 26, 2014
slowly breaking to the downside