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USDJPY,W1 Chart Discussion
gtnew
May 26, 2015 at 16:42
stop to 122.85
gtnew
May 26, 2015 at 14:10
Moving close stop on remainder to 122.40
gtnew
May 26, 2015 at 13:47
Price is now back within the 30min BB. Sold 1 more contract 123.07. Home free now.
gtnew
May 26, 2015 at 13:36
Consumer Confidence and New Home sales coming up top of the hour. I'll keep an eye on mkt reaction to those numbers.
gtnew
May 26, 2015 at 13:27
Daily CCI indicates we are 3 std up...that's really extended. I have to manage my money here, but that's just me.
gtnew
May 26, 2015 at 13:23
I'm thinking 123.70, but it depends on how this pattern develops. Is it an ascending triangle with a retest of the green circle area or does it turn into a rising wedge? I really don't know yet. Draw a trendline under D and second green arrow and do a parallel line up from point C. That's another way.
mynightfly
May 26, 2015 at 13:27
yes, if you draw a channel on h4, this is the top of it.. let's see the next bunch of data, it can either break it or bounce down
sguaqueta
May 27, 2015 at 22:51
Si se mira hacia atrás en un gráfico mensual, este instrumento toco resistencia en los 124, por lo que se espera un rebote en el corto plazo
gtnew
May 26, 2015 at 13:11
Selling 1/2 123.10 1.27 fib extension
mynightfly
May 26, 2015 at 13:18
what's the target?
gtnew
May 26, 2015 at 13:06
@122.20 for now
gtnew
May 26, 2015 at 13:06
stopped in long last night 121.80.....wow! Moon shot!.....close stop a
gtnew
May 22, 2015 at 13:04
Closed @ 121.52...........+34 pips, not bad for 30 minutes Money mgt critical in this type of trade because whipsaws are inevitable. Trade smaller when trying these. Time for coffee and a cigar.
mynightfly
May 25, 2015 at 20:55
nice~
CrazyTrader
May 25, 2015 at 21:00
This is also a W (Tripple top with CP very high)
gtnew
May 25, 2015 at 23:16
I see a number of possible patterns here. I'll trade off the 4hr chart with stops.
