trader_dante
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Usd/Jpy is going up. Buy at 107.70. Stop at 107.52
Pelzar says...
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rathcoole_exile
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10770 is weekly pivot.
is target 10784, the daily pivot, or
10811 weekly R1 or
10846 daily R1
?
Pivots? I dont trade off pivots old boy? Candles are you the slowest reader in the world!!
rathcoole_exile
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so what is your target ?
darktone
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Whats that based on? Smack in the middle of a range! with hourly LH LLs..
107.20 or better looks the entry if you believe.
rathcoole_exile
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Agreed. For a Short !
darktone
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darktone
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Im not bashin. Well done for postin it.
What prompted you long there tho? I cant see anything of interest.
trader_dante
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Im not bashin. Well done for postin it.
What prompted you long there tho? I cant see anything of interest.
Pelzar is a bit tied up at the moment. He told me to reply with "gut feeling".
(which basically epitomises his trading style - my words not his)
darktone
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Nothing wrong with a bit o gut feeling!
To my eyes, might be worth a stab long round 107.10 or so. Mental stop under previous low with disaster avoidence at 106.10. Target wise 109 would be legitimate!
But! theres a whole lota south goin on in the dailys!
Sooo... todays call, bit of a shocker! And i'll thank Dante for making my failure public by deciding to create a new thread (couldn't have just posted in an existing thread could ya mate.) However, as it is here I wouldn't mind getting it active where we can perhaps all make calls and laugh at each others failures. So to that note I was wondering what everyone thought of GBP/USD...Good long term buy?
Be great to get some opinion and and hopefully look forward to sharing ideas.
Pelzar
Be great to get some opinion and and hopefully look forward to sharing ideas.
Pelzar
trader_dante
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I don't think that was such a bad call. It was +11 at one point and since it was made late in the day then a stop would (perhaps should) have been put at breakeven meaning that it wouldn't have even been a loss.
It will take a whole lot of effort to make a worse call than my suggestion to short Gold at $871.
As far as Cable, we're ranging right now. I'm neutral on this market.
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darktone
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Yeah was bad! But we ALL do it from time to time!
.. But theres good side it was you got out quick enough!. -18 or so inc costs. Heres how it looks on my radar atm. Your entry is the blue dot. My tic suggestion is shown is the green dot, (currently -25 i might add
).. The smalls are still pointing down! )The pair has been slooowly trending up overall for 4 weeks or but when you zoom out!
A declining channel is also evident in the main channel which is inline with the daily direction!! I havent been watching this one id say attempts would be better placed short near the top o that than any longs atm.
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darktone
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Did i just say that! -70 n still going! :whistling
Think a bottom may well be in atm but ive found reading cable pretty tough going last couple o weeks, up down up down. Missed the last leg up much to my disgust!:|.. If its the real deal should be plenty o time to grab a position tho.. What you mean by long term!?
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Crap Buddist
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GBPJPY long punts from 211.78. looking ahead next few hours like...
Crap Buddist
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my setup says punt long anywhere round this time gbpjpy , stop 210.95 odd.
i did eyeball a longer term chart for gbp jpy and could see 216.00 , next 3 little ducks @ 222.00 odd..... bit far out timewise for me but lines in the sand maybe for longer term traders perhaps ?
i did eyeball a longer term chart for gbp jpy and could see 216.00 , next 3 little ducks @ 222.00 odd..... bit far out timewise for me but lines in the sand maybe for longer term traders perhaps ?
Crap Buddist
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anyone fancy a punt selling gbpjpy 211.00 odd anywhere round here will do ... hmmm stopwise ,bit tricky as its a setup timething, but stick a round 100 on. needs to brutalise 210.00 what ? hope that aint the launch pad higher though else one might feel more thrust than flash gordon stoppin over at a brighton B n B.
good luck.
good luck.
rathcoole_exile
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not for me, it looks stuck on No-Mans Land on the daily at the mo
