1.2260 hit at 8:58 PM EST 1/24/06 1.2330 & 1.2240 still have not been hit, and still valid. JohnFX

JohnFX's Price Magnets

1/23/06 8:30 PM EST EURUSD presently @ 1.2300 A magnet is at 1.2320 Also one at 1.2260 & 1.2240 Tough call which one gets hit first. JohnFX

JohnFX's Price Magnets

Hi Don. I had 4 trades, 4 winners. John

JohnFX's Price Magnets

I was able to scalp 11 EURUSD pips this morning with InterbankFX. John

JohnFX's Price Magnets

Thanks, Southern. Yeah your prob. right. JohnFX

JohnFX's Price Magnets

How can you pinpoint to the exact minute.....LOL You know someone working at BOJ? JohnFX

JohnFX's Price Magnets

It may be a slow grind up. One thing I've noticed is once price gets to within about 20-15 pips of my magnet it usually pulls it right to it a very high percentage of the time. That's why Cesco's strategy may be a good one to consider. JohnFX

JohnFX's Price Magnets

114.70 target hit @ 11:10 AM EST 1/23/06 JohnFX

JohnFX's Price Magnets

Glad to hear it. Keep me updated on your results. Thanks; JohnFX

JohnFX's Price Magnets

1/23/06 10:00 AM EST USDJPY presently at 114.44 A new price magnet is at 114.70 JohnFX

JohnFX's Price Magnets

Oh yes the target can still get hit in the next 12-48 hours or so. JohnFX

JohnFX's Price Magnets

Obviously with a resonable stop (not very large one), this trade would be stopped out. JohnFX

JohnFX's Price Magnets

The method for locating the price magnets is mechanical. As far as which ones to put a trade on, the entry and the stop (still working on that), that's still discretionary at this point. Thanks for the question. JohnFX

JohnFX's Price Magnets

1/22/06 8:35 PM EST USDJPY presently at 114.82 A prices magnet is at 115.15 JohnFX

JohnFX's Price Magnets

Rather amazing thing is the 1.2098 magnet got re-created today at 10:23 AM EST, but unfortunatly I had to attend a funeral this moring so I wasn't able to post it. Price went down to 1.2068 then went back up and hit and broke the 1.2098 target at ...

JohnFX's Price Magnets

InterbankFX pays interest 5 days per week, with triple on Wednesdays. And they do pay on any size position, even fractional micro-lots. JohnFX

Cash & Carry (The "Perfect" Hedge) Open Thread Discussions

All three targets for USDJPY were hit during London and USA sessions on 1/20/06. JohnFX

JohnFX's Price Magnets

1.2098 was hit and surpassed around 9:00 AM EST 1/20/06, but if first went down to around the 2040 area during London. JohnFX

JohnFX's Price Magnets

I just want to point out that my price targets don't generally correspond to the prices that the "crowd" talks about, like pivots, S/R, etc. If one of my calls happens to be close or at one of those prices, it is strictly coincidental. My method is ...

JohnFX's Price Magnets

There is a price magnet at 1.2098 for eurusd. It's 10:00 PM EST and is presently around 1.2085 so may want to wait for a better entry. JohnFX

JohnFX's Price Magnets