hi bilo
Sperandeo entry in action
even got a change in support line turn to resistance
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hi bilo
Sperandeo entry in action
even got a change in support line turn to resistance
this entry would have given 350 pips
i was short from 164 for 500 pips but i believe has many more to go
much lower target
USD/JPY doing the same since the turn last night.
Cheers
Miner
Should we make that a 12 pack of Stella Bilo :) ....then I'll be really refreshed and ready to search for more butterflies. Its hot work.
Of course you could always join my butterfly tipping service for $500 PM :D
rgds - arco
good risk reward on short eur jpy
if this count is correct short 161 35 sl 162 for minimum target 158 50
completley overweight on short already but have had a go at picking top on retracement
very nice call already! well done paul that overweight must feel a bit lighter now at 160.40
thanks peat
usd cad long looks good as well
i will post on correct thread
one nights sleep is a long time in the markets , yet i will have nothing bad said about the yen crosses . i love em theres always something happening
stopped out for a big fat zero , yes i could set tight stops but on the yen crosses you will more or less certainly get stopped and miss the big move
main position stop sitting at 163 from 164 entry
have entered again just now on bearish gartley on hourly and trendline resistance at 162 30 sl 163
fingers crossed
yeh that was a nasty move back DA - think I jinxed it for ya , it turned straight after my post :o
good to hear you had it covered to prevent actual pain tho and that your enthusiasm is undaunted. thats one thing about forex - no shortage of opportunity
and yeh you're right thats a perfect .618/.786 gartley
certainly got the reciprocal midas touch this week
hanging on with this trade close to getting stopped out for a pathetically small amount
have promised to have a tighter stop if the patron saint of forex lets me have another chance
161 will get me to fiji but looks like i need a dow jones melt down to get me on the plane
technical question
eur jpy has tested 163 on multiple occasions and been repelled
is this resistance viewed as getting more formidable or is viewed as getting weaker with
each attack
my personal view is weaker but interesting to here views
ps no scary images just a chart honest
i remember reading somewhere recently that the longer a chart takes to break through resistance then the more explosive the movement will be. but that isnt exactly what you're asking right now.
I guess what I am saying tho is that if it does break (either way) it will be well worth following