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- KeyframeHR replied May 6, 2010
if UJ goes up through fibo 61,8 (I think not): 93,25 - but I think it will dead stop here at 92,46 image well I bailed out completely that GJ entry and entered UJ which is more clean TA setup which I won't regret if it goes wrong, since this falls ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- KeyframeHR replied May 6, 2010
on a related note UJ is at 61,8% fibo retracement, which is usually clean TA for going right back down when it touches it OR if it fails then broken/uncertain downtrend - hence for another spook (I still have half open though). image if UJ makes a ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- KeyframeHR replied May 6, 2010
TBH I always tend to trade on 2hr and 4hr charts, I'm demo trading now so I'm experimenting. Judging on 4hr: image and 1hr: image you could trade easily up to that red MVA on 1hr or yellow MVA on 4hr, easily. I was in need of patience pills, ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- KeyframeHR replied May 6, 2010
true, but only if PA entered the cloud. It never did and I didn't expect it to since it was riding an uptrend on MVAs on my 5min chart. It just accidentally got stuck in a small crevice
Auslanco - GBP/JPY and GBP/USD (newstrade)
- KeyframeHR replied May 6, 2010
that's the right attitude, if you're not sure - don't trade, there will be more trades. I closed this trade at -28 because I don't see valid technicals that would allow for safe play anymore. Just wait until dust settles a bit, maybe next mid week, ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- KeyframeHR replied May 6, 2010
Looks like I'm spamming... anyways, though you might want to hear about this: http://preview.bloomberg.com/news/2010-05-07/boj-pumps-21-8-billion-into-system-on-greece-first-such-move-this-year.html I don't know if they already pumped it in... if ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- KeyframeHR replied May 6, 2010
you can see on 15min ichimoku chart that it went through the cloud and immediately closed below tenkan line (light teal one), which meant it was sandwiched between top of the cloud and tenkan line so it was stuck. Since immediate trend was up, I ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- KeyframeHR replied May 6, 2010
listen to karim, no need to trade for several working days at least. as for now, MVA array on 5min I have changed slope of ascent to 1 o'clock, which means it will get stale soon, also 1hr 34 MVA's are fast approaching down, engulfing target ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- KeyframeHR replied May 6, 2010
Patience pill! It fell through tenkan line and stuck between it and senkou cloud line on 15min due to approaching 5min 200MVA 15min: image 5min: image unfortunately this is the area of resistance. It needs to clear out of the tenkan (or those ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- KeyframeHR replied May 6, 2010
5min seems to be a clean ride up so far. Soon there will be a 200MVA resistance though. image
Auslanco - GBP/JPY and GBP/USD (newstrade)
- KeyframeHR replied May 6, 2010
told me to trade USDNOK with massive leverage
funny thing is that I traded GBPJPY exclusively for almost a year before live trading, and there... live trading is not the same as demo trading, no matter what people say. I have to overcome ...
- KeyframeHR replied May 6, 2010
who knows, but if I still had money in my live acc, I'd ride it up to 138.5 where 1hr MVA 34 (Low) lies image edit: also it seems to be in between PP and R1 - middle point usually is resistance/support on large spread pivot lines (same holds true ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- KeyframeHR replied May 6, 2010
if true, it means yen weaken a bit and correction under way. From what I see on the charts now, it seems it is underway. But I'm not a kamikaze anymore after today, learned my lesson!
Auslanco - GBP/JPY and GBP/USD (newstrade)
- KeyframeHR replied May 6, 2010
Unverified rumor from stocktwits: Japan Injecting emergency $2 trillion yen into money markets be careful
Auslanco - GBP/JPY and GBP/USD (newstrade)
- KeyframeHR replied May 6, 2010
I do and had no problems whatsoever! Apart from that I blew my mini account away by being a fool, and of all things on USDNOK. There was a problem with holdups in que and spreads going mad when that fatfingerlypse happened for about few minutes ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- KeyframeHR replied May 6, 2010
you have to be really brave/mad to trade this tonight
Auslanco - GBP/JPY and GBP/USD (newstrade)
- KeyframeHR replied May 6, 2010
FXCM worked, but at the peak spreads were abnormal. Even Schwab and GS stopped taking orders during the hells gate. My first mini live acc, started with 200$ and built it up to 1200$
Auslanco - GBP/JPY and GBP/USD (newstrade)now I learned about risk management and its relation to ...
- KeyframeHR replied May 6, 2010
ok, wow. my first post and I screwed up by not showing a whole chart! Here it is: image
Auslanco - GBP/JPY and GBP/USD (newstrade)
- KeyframeHR replied May 6, 2010
Hi, long time reader - first time poster, in this epic moment. Destroyed my first mini live account today. LOL (or not)
Auslanco - GBP/JPY and GBP/USD (newstrade)what do you think of this daily: image