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[wackypete2]

What the heck happened @7:50pm? Any sort of JP news I'm not aware of?

I missed it too

Peter

 

[Mike Kshemaraja]

You are right - I haven't drawn my trend line properly

Your trend line is good.

No problem. I would like to point out that my way of drawing is not necessary right, it is only the way works for me, that is why I mentioned the subjectivity of it.

Myself I do not use them much because I want to rely on something that everybody sees in the same manner, but if I need to draw one I will try to join the swings(peaks) because that is where the prices have change direction.

 

[Lord Flasheart]

Good Morning,happy trading

 

[c6ackp]

morning all - good luck

looking for e/u short today - 3250 was very tempting just now, but waiting for a bit more confirmation - signs of weakness yesterday

 

[Lord Flasheart]

hope you took the short. I didnt. I found this 15 min pullback but wasnt sure about it,shame

 

[Pat494]

9:00am EUR Flash Manufacturing PMI
9:00am EUR Flash Services PMI
9.30 am GBP Retail Sales m/m
10:00am EUR Industrial New Orders m/m
12:30pm CAD Core Retail Sales m/m

another day another dollar

 

[wackypete2]

darn, I missed all the moves. I guess I get to play "25 pip range" during the US session again. Lately, when the UK banks close for the day (around 11:30am here) the entire market shuts down. The afternoons here are just post mortem.

Peter

 

[wackypete2]

Nice head & shoulders top in eurusd 1h chart. Near perfect symmetry. Should be plenty of sell stops below 1.3150. I'm going to look short if it goes that way.

Peter

 

[wackypete2]

short eurusd 1.3145 stop 1.3157

 

[samirs]

short eurusd 1.3145 stop 1.3157

where will you to take profit?

 

[wackypete2]

exit at be
no movement

 

[wackypete2]

where will you to take profit?

1st target would have been +10

Peter

 

[Lord Flasheart]

days lows could be in placenow,got support areas on a few majors plus this 50% on aussie. I prefer 61.8 but this is years highs and lows

 

[ZEN archer]

Late to the party. I'll wait patiently for another chance to sell eur/usd if it comes.
I've read on some other forum about 'patience is paid for in dollars' or something like that - good point.

 

[Pat494]

Usd/Jpy and Eur/Jpy are worth watching for possible buys

 

[Lord Flasheart]

Late to the party. I'll wait patiently for another chance to sell eur/usd if it comes.
I've read on some other forum about 'patience is paid for in dollars' or something like that - good point.

dont worry theres no birds at this party

 

[Pat494]

Buy Eur/Jpy @ 109.157
tp 109.2
sl 109.05

 

[Pat494]

Buy Eur/Jpy @ 109.157
tp 109.2
sl 109.05

out for a small profit

 

[ZEN archer]

Any thoughts?

BTW I'm using SB comp. chart. Just wondering if I can rely on them when drawing lines (I've heard some horror stories about some of SB comps having different prices from the market)

 

[Pat494]

Any thoughts?

A dodgy bet imho
If you look on the shorter tf it looks doubtful to me.
About 40/60