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- Usdjpy replied May 27, 2010
Bullish Engulfing Candle ? — Watch the daily candle. Its forming a Bullish Engulfing Candle. Signalling an end to bearish sentiment.
- Usdjpy replied May 25, 2010
The above strategy is in play now!
- Usdjpy replied May 24, 2010
Watch the Daily Candle — A closing candle above 91.00 would signal an upswing to the high of 93.50 / 95.xx. A closing candle below 88.50 would signal a downward dive to 87.xx / 85.xx. If the day candle is very fast, don't buy @ ...
- Usdjpy replied May 24, 2010
This scenario is still in play.
- Usdjpy replied May 24, 2010
Here goes.
- Usdjpy replied May 19, 2010
Nothing to do until the price hit strategy — Nothing to do until the price hit strategy: Wait for 95.xx to sell and 88.xx to buy.
- Usdjpy replied May 19, 2010
Watch out for a morning star pattern — If today's and tommorrow's closing candle shows a morning star pattern, a bullish divergence is in place and sellers should trade carefully with a tight SL.
- Usdjpy replied May 19, 2010
Longer Term Trading — Checkout the daily chart.
- Usdjpy replied May 19, 2010
Same Sentiment — Hi Trad3r, that's my sentiment too. 90.xx/88.xx is projected.
- Usdjpy replied May 19, 2010
Watch out for today's candle — Watch out for a bullish engulfing day candle. This will negate all downward momentum. Otherwise a test of 90.xx/88.xx is in place. Buying @ dips.
- Usdjpy replied May 18, 2010
I thought u had tested it already? Here's it again: TP @ 20 to 30 pips.
- Usdjpy replied May 18, 2010
Why I like the pair USDJPY ? — It likes to whipsaw. Find a median price and enter long or short, both can make money (TP @ 20 to 30 pips) either way. I almost have no luck with other pairs.
- Usdjpy replied May 18, 2010
Watch the daily candle — It just refuses to form anything meaningful.
- Usdjpy replied May 17, 2010
Watch the daily candle — Watch the daily candle. A closing candle below 92.10 will start a short term bearish trend testing the lows of 91.xx and 90.xx levels. A closing candle above 93.40 will start a short term bullish trend testing ...
- Usdjpy replied May 17, 2010
Current Range Trading — Currently, range trading is in play.
- Usdjpy replied May 17, 2010
The ideal scenario — The ideal scenario is a pullback to 90.xx level then an upswing to 95.xx/96.xx level. I'm still waiting for the day candle to form to confirm this.
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