USD.JPY

[arco]

Potential continuation of longer term short position.

Ichi gave short signals back in June/July, and for pipsters still
hanging in it seems to me the action might just be about to break
down further south.

Here's what I'm looking at

Longer term Bear Flag + short term Bear Flag.
Resistance of Chikou on Kumo. (Mustard Line - Blue circle)
Kijun Sen and Kumo appear could be resistant to northern advance.

Plus if we consider the possible EW scenario the print appears to be
in an ABC - 5/3/5.

May be potential here for another 500-600 pips for patient holders IMO.
Just need to see the flag and previous resistance line break.

GTA - arco

[dumbass]

thoughts very similar on this one arco

close to a south bound move , im ew counting wave 2 retracement to 116 ish then a 3 wave to new low

possible butterfly forming as well V - C - i- ii

[dumbass]

this one performing nicely arco , both ascending channels broken hopefully to go lower 111 just maybe

[arco]

Updating the chart

Currently the position has given circa 300 pips
from the entry mentioned on 1/11

GTA -arco

[miner]

Evening Arco ok looking U set up back to days low,was short this for a few pips now short eur/jpy for it's possible U,same as usd/jpy.

Cheers
Miner

[miner]

O yeah VERY good call as usual,good stuff.

Cheers
Miner

[miner]

Stop got hit,made a few pips,looks like may be messy for a bit after those big moves.

Cheers
Miner

[arco]

Evening Miner

Possibility of test of polarity after Flag break and
with 112.50 being a powerful Gann point we may
see a little hesitation at this stage.

Next post I may become a LEG-END....oh no

rgds - arco

[dumbass]

target reached in extra quick time

for a reward of 438 pips and im rapt

i have been trying to go for bigger picture moves

so heres what i learnt ,

dont post it here, is there such a thing as the posters curse , is it because you want to post the ones that look like a certainty and by the very nature of the markets they are most likely to fail.

set your trade and then dont meddle with it , give it a chance to wiggle , i left mystop at entry after first day for the complete trade .this has got to be a risky option but i get stopped out a lot for small profits , which doesnt really justify the effort.
so catch one of these once in a while

i still dont know how arco seems to identify the powerful moves, its rare that you post a trade and it just drifts lower ?? i just cant identify those trades yet

[arco]

Morning All

The recent Yen trade is now +500 pips

Yes, the long moves are the money makers if you can hang on in
through the roller coaster of waves.

As I said many times before, I try to get 100 pips on a portion,
and then let the other ride with stop at b/e initially.

Finding longer term moves is probably something that perhaps
comes with experience.....there is no secret formula.

Good weekend all - arco