1/25/06 7:55 PM EST USDJPY currently is at: 115.56 A price magnet was created at; 115.84 So we have magnets at 115.84 (above) and 114.83 (below) Thanks; JohnFX

JohnFX's Price Magnets

Oh no problem. Not a stupid question. The term "price magnet" is something I came up with and call it. My proprietary method locates price points which seem to attract or pull in price like a magnet. That's how I came up with the name. My price ...

JohnFX's Price Magnets

Folks; I just went back and examimed the eurusd charts and found a price magnet which I missed. It is at 1.2221 EURUSD presently at 1.2252 at 12:00 PM EST 1/25/06 Thanks; JohnFX

JohnFX's Price Magnets

RECAP. 1/25/06 11:30 PM EST The only open price level ATM is USDJPY 114.83 I wouldn't expect that magnet to get hit until well into the asian session or the EU session. Currently no open price magnets for EURUSD. Thanks; JohnFX

JohnFX's Price Magnets

Thanks. But, I can assure you that the price levels I call have nothing to do with fundimental news which is over a week away. Thanks; JohnFX

JohnFX's Price Magnets

1.2240 target hit @ 10:50 AM EST 1/25/06 JohnFX

JohnFX's Price Magnets

1/25/06 8:50 AM EST A price magnet is at: 114.83 (USDJPY) presently USDJPY is at: 115.06 Probly best to wait for entry as dollar seems strong right now. JohnFX

JohnFX's Price Magnets

1.2320 target hit at: 4:54 AM EST 1/25/06 1.2240 still hasn't been hit. JohnFX

JohnFX's Price Magnets

114.73 target hit at: 4:13 AM EST 1/25/06 JohnFX

JohnFX's Price Magnets

I made an error. The downside target is 114.73 usdjpy presently 115.10 1/24/06 18:50 EST JohnFX

JohnFX's Price Magnets

115.15 target hit. 114.69 still in play JohnFX

JohnFX's Price Magnets

1/24/2006 18:12 EST USDJPY now has a price magnet @ 114.69 along with 115.15 (from yesterday) Thanks; JohnFX

JohnFX's Price Magnets

The one who is on the otherside of the trade. In most cases it's a market maker, such as your own broker. Or it could be a bank, another trader, etc. JohnFX

Quick question...

Notice how it bounced right off one of my previous levels 1.2260 JohnFX

JohnFX's Price Magnets

Well 1.2280 hit (and a bit lower) at 14:24 EST. 1.2320 still waiting & 1.2240 JohnFX

JohnFX's Price Magnets

1/24/06 12:40 PM EST EURUSD appears to be heading to my 1.2320 target. A new price magnet is at 1.2280 for the return back. See what happens. JohnFX

JohnFX's Price Magnets

Just to clear up the confusion. EURUSD did hit around 2320 yesterday at approx. 19:00 EST. My call for a return to 2320 was made yesterday at: 20:30 EST. The highest it has gotten since my call is about 2313. So, 2320 is still in play. Thanks; JohnFX ...

JohnFX's Price Magnets

Southern, after I called 2320 the highest it got was 2313 (on most brokers and charts), so yes it is still valid. Thanks; JohnFX

JohnFX's Price Magnets

Yes 115.15 is still valid. JohnFX

JohnFX's Price Magnets

Sorry typing error. I Meant 1.2320 JohnFX

JohnFX's Price Magnets