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Saxon replied Apr 14, 2010Hey FxDwarf, Sorry to hear about that trade. What made you decide to go long? Here is my chart of what I see/saw of UJ. I think you got in the trade when it broke S/R 9360. As you can see on my chart, there are white hashes where the price made ...
USD/JPY Discussion
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Saxon replied Apr 14, 2010That's where you've been then. Gotta keep the wife happy

Nearly Naked (Simple Trades)
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Saxon replied Apr 14, 2010Ya, 1.05 is holding well. We'll see what London does to it. UJ and AU are on my radar right now. Also, disregard all the junk at the bottom of my charts too.
Nearly Naked (Simple Trades)
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Saxon replied Apr 14, 2010I know you probably already know this OvT, but if there is anyone new out there I'll try to explain it. "00"s "roundies", etc... They work well to either bounce the price or accelerate it. There are a lot fo theories out there as to why PA gets ...
Nearly Naked (Simple Trades)
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Saxon replied Apr 14, 2010I was out for a bit. So just taking a look at those setups in retro - UJ did take that bounce, but you needed wide stops to be able to take the drop down since there was a little volatility. About a 13 pip violation UCAD took a small bounce where it ...
Nearly Naked (Simple Trades)
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Saxon replied Apr 14, 2010Ya, it will be interesting to see what USD releases do to it in a few hours.
Nearly Naked (Simple Trades)
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Saxon replied Apr 14, 2010Haha, I hope not Thanks for the update, I got that pair on my screen now. I don't really trade that pair but I will definitely keep an eye on it now. How the trades been going for you?
Nearly Naked (Simple Trades)
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Saxon replied Apr 14, 2010Thanks, my blood pressure went way up, haha. I just want to book a nice long term trade and take a vacation ya know. How your trades been going IdentifyTren? What pairs have you been looking at? Seems like all the threads have been dying down lately. ...
Nearly Naked (Simple Trades)
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Saxon replied Apr 14, 2010Did you stack on your position on this S/R too?
Nearly Naked (Simple Trades)
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Saxon replied Apr 14, 2010Let's see how my that UJ S/R holds up, I am not in yet, watching PA
Nearly Naked (Simple Trades)
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Saxon replied Apr 14, 2010Ya, I went long with a 15 pip stop. We'll see if it can make some lows or make me some $
Nearly Naked (Simple Trades)
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Saxon replied Apr 14, 2010Seems to be on its way back up there. If it gets there, might be a trade op
Nearly Naked (Simple Trades)
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Saxon replied Apr 14, 2010Has happened to me before, except my order processed a day later
But FXCM is awesome about fixing crap like that. Just shoot them an e-mailCable Update (GBPUSD)
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Saxon replied Apr 14, 2010If it is, I think it has at least one more bounce in it. I hope. GU is going crazy right now. I went short, then long, then short, then short again. Now I'm out but did really well. It was happending too fast for me to be able to throw any charts up ...
Nearly Naked (Simple Trades)
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Saxon replied Apr 14, 2010That TL was good to us, I'm going to miss it

Nearly Naked (Simple Trades)
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Saxon replied Apr 14, 2010Ya, I have been watching CAD for a while now, slow PA. If price drops to ~9978 then I will watch PA and probably go long. UJ broke our UTL so maybe our winning streak on the TL is over
I just got to the desk and am going over the news, charts, ...Nearly Naked (Simple Trades)
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Saxon replied Apr 13, 2010Good call, I wouldn't have made that connection. Throwing that up on a chart now.

Nearly Naked (Simple Trades)
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Saxon replied Apr 13, 2010UJ is on very significant TL. It has made me and OvT some awesome trades in th past little while. However, this TL has been tested over and over so it might be due for a violation soon. Also, the angle and speed of PA is not as steep and fast for ...
Nearly Naked (Simple Trades)