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- JohnFX replied Jan 17, 2006
Hello Traders; I've decided to post some targets for EURUSD again. These look pretty good. 1/17/06 10:40 PM (EST) EURUSD presently 1.2099 Upside targets are 1.2114, 1.2126, then 1.2154 I see those getting there during London - Europe or early USA. ...
JohnFX's Price Magnets
- JohnFX replied Jan 12, 2006
1/12/06 10:19 AM (EST) USDJPY now has a price magnet at: 113.65 JohnFX
JohnFX's Price Magnets
- JohnFX replied Jan 12, 2006
114.30 was finally hit at 10:15 AM (EST) 1/12/06, but after a big drop to 113.45 first. JohnFX
JohnFX's Price Magnets
- JohnFX replied Jan 11, 2006
By the way, when I give a target price,what I do after I enter the trade is set my T/P (Take Profit) 4 or 5 pips before the Magnet to make sure my trade gets closed. Example: if I have a Magnet at 114.30 then my T/P is 114.27 or 26 depending on your ...
JohnFX's Price Magnets
- JohnFX replied Jan 11, 2006
BINGO! 114.19 hit at 12:10 AM (EST) 1/12/06 114.30 is next. JohnFX
JohnFX's Price Magnets
- JohnFX replied Jan 11, 2006
Folks, also, I haven't forgotten about the above mentioned price levels I posted a couple of days ago. I wouldn't be surprised if those levels are still hit in the days to come, but that is the type of signal I need to work on to somehow filter out ...
JohnFX's Price Magnets
- JohnFX replied Jan 11, 2006
I forgot to mention there is also a Magnet at 114.19 That will help in pulling up price. But the main target remains 114.30 It's 10:19 PM (EST) 1/11/06 Thanks; JohnFX
JohnFX's Price Magnets
- JohnFX replied Jan 11, 2006
I have gotten several emails from people expressing interest in my "magnet" method. I think I have really found something unique, that works. But I would like to continue making the calls and see how it goes for a few more weeks. Some people will ...
JohnFX's Price Magnets
- JohnFX replied Jan 11, 2006
After further examining the EURGBP charts, it doesn't look like many signals get generated on this cross and probably most of the other illiquid crosses. So even thought this trade may eventually find it's mark, i'm still going to concentrate on ...
JohnFX's Price Magnets
- JohnFX replied Jan 11, 2006
USDJPY 114.02 target hit @ 8:50 PM (EST) 1/11/06 There is now a target @114.30 (to the upside) Thanks; JohnFXJohnFX's Price Magnets
- JohnFX replied Jan 11, 2006
I haven't tried my system on the crosses, but just for the heck of it, I pulled up charts for EURGBP. There is a magnet at .6854 It's 4:45 PM (EST) 1/11/06 EURGBP presently at .6870 - .6874 See what happens to it. JohnFX
JohnFX's Price Magnets
- JohnFX replied Jan 11, 2006
One thing that I have noticed about my method, that amazes me, is that it works just as well, if not better, during the slow market times such as NY afternoons and even late Asian session - early European session. Those are times I always use to ...
JohnFX's Price Magnets
- JohnFX replied Jan 11, 2006
Hello, Don. I'm using the 5, 10, & 15 min. candles with no indicators, no MA's, or pivots or EW, etc. Absolutely no traditonal indicators. 1/11/06 2:21 PM (EST) USDJPY is around 114.15 I have a price target for USDJPY at: 114.02 I haven't gone short ...
JohnFX's Price Magnets
- JohnFX replied Jan 10, 2006
My system seems to work best for the USDJPY so I will only be using it on that pair for the present time. I am actually not doing much quick scalping now. This system's trades usually last anywhere from 10-15 min. to a few hours. But, the accuracy ...
JohnFX's Price Magnets
- JohnFX replied Jan 10, 2006
12:15 PM (EST) 1/10/06 USDJPY is at 114.60 target: 114.35 JohnFX
JohnFX's Price Magnets
- JohnFX replied Jan 10, 2006
1/10/06 10:05 AM (EST) 114.31 target hit.
JohnFX P.S. in my previous post I had put "PM" in stead of "AM" , that's why I edited it. ThanksJohnFX's Price Magnets
- JohnFX replied Jan 10, 2006
1/10/2006 8:53 AM (EST) USDJPY is currently at: 114.63 Price target at: 114.31 JohnFX
JohnFX's Price Magnets