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Thread: USD.JPY

  1. #331
    Junior Member
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    wow arco you are awesome! come november 9th (end of exams), im going to be watching you like a hawk lol i lost over $1000 on cmc when i started which i need to recover... thats alot for a student.

  2. #332
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    Evening Arco I see on your blog your looking for a long on this one,two other pairs that run the same way are looking long also,any update thoughts on this one ?.

    Cheers
    Miner

  3. #333
    action-reaction arco's Avatar
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    Evening Miner

    Trust all is well with you.

    Maybe a medium/longer term signal - still waiting to see if there could ba a confirmed reversal in the lower grey box area. No trade until that confirms.

    arco

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  4. #334
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    Yep all good with a few interesting things in the pot,long at the mo but with a super tight stop so either going to do it or not on this trade,eur/jpy and gbp/jpy broken my hourly trendline before this one did so you never know as this one lags behind.

    Cheers
    Miner

  5. #335
    Legend peat's Avatar
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    got into a trade long with USD/JPY last night as well... currently up 60 - in the pic you can see I had a stop in place at the red line but earlier today I also added the trailing stop showing as the orange line
    the basis for this trade was the impulsive move up and a corrective pattern following that - quite possible should have waited longer for it to break the channel ... but its turning out ok.
    Last edited by peat; 13-11-2009 at 01:08 PM.
    For clarity, nothing I say is advice....

  6. #336
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    a possibility bottom in usdjpy, rallied strongly from 85 zone and lower trendline.
    retracement underway which should provide a long entry for a longer term trade.


  7. #337
    action-reaction arco's Avatar
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    Hi DB

    Yes, I've been keeping a watch on this one (talked about it on the blog a few weeks back).

    Looking quite nice for a reversal at some point soon and a target 93-94 once it confirms the turn

    rgds - arco

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  8. #338
    action-reaction arco's Avatar
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    Early Warning given on the blog - target hit overnight circa 500 pips

    Free Ichicmoku video if you are a blog member on 5th Jan



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