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damonl replied May 29, 2008this is a great article......can't wait for that dinar to revalue....c'mon Iraq

USD/JPY Discussion
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damonl replied May 29, 2008all dressed up and no place to go...... — well...it looks like I will not get to make a trade anytime soon, so I think I will catch some more zzzzz's before work. good trading all

Auslanco - GBP/JPY and GBP/USD (newstrade)
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damonl replied May 29, 2008fwiw.....unitl is closes across i am still looking short
Auslanco - GBP/JPY and GBP/USD (newstrade)
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damonl replied May 29, 2008QQE on h1 still says short, so i am still looking for a short entry confirmation on mm15...are we buddies again now

Auslanco - GBP/JPY and GBP/USD (newstrade)
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damonl replied May 29, 2008it may go back and retest the 207.70 area
Auslanco - GBP/JPY and GBP/USD (newstrade)
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damonl replied May 29, 2008i am still waiting for my williams % signal, but it is starting to look like it may retest dp.....hopefully not too fast or i will miss it
Auslanco - GBP/JPY and GBP/USD (newstrade)
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damonl replied May 29, 2008nice....i have been noticing too how the dp acts as magnet...almost a sure fire win. i almost did it today, but wanted to get some more confimation first....
Auslanco - GBP/JPY and GBP/USD (newstrade)
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damonl replied May 29, 2008hey...did i read a post from you a while back about how gj will always go back to near the new daily pivot. does this happen more times than not?
Auslanco - GBP/JPY and GBP/USD (newstrade)
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damonl replied May 29, 2008if i had $5 for everytime I said that I could be retired already.....

Auslanco - GBP/JPY and GBP/USD (newstrade)
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damonl replied May 29, 2008a very good friend opened his long usdjpy at 103 w/ t/p at 108 if that helps any.....
Auslanco - GBP/JPY and GBP/USD (newstrade)
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damonl replied May 29, 2008on M15 i am waiting for williams % to close above either level -25 or level -50 and then close back below it. then i will enter the market below that bar with a 50 pip s/l. this signifies the continuation of downward h1 momentum to me......

Auslanco - GBP/JPY and GBP/USD (newstrade)
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damonl replied May 28, 2008the us treasuries...are these some of what the fed has cut. i take it that you mean that these are low and were much higher and that is why people will dump them?
Knowledge is Power
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damonl replied May 28, 2008Thanks for the info.....it is very helpful......i was kind of thinking the same thing. your thoughts are then that if usdjpy can close above 105 then we will possibly see 108 otherwise possibly back down to try again?
Knowledge is Power
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damonl replied May 28, 2008Warren...this is very good information, but I have a couple of questions....... 1. What future is there in our current mutual fund holdings? 2. What is the correlation between usdjpy and gas? i.e if one is up, is the other also up and vice versa?
Knowledge is Power
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damonl replied May 28, 2008H1 appears Long bias now, but I will need a retrace on Williams % to below -50 level and back above it or below -75 leves and then back across it before I would consider placing long orders. This may take a few hours. However, if Williams % ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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damonl replied May 28, 2008Hey Dmac....I use the Accelerator Oscillator from Bill Williams. Not really for a scalp trade though, more for if you are looking for at least 75 pips or more. I first figure a 50 pip S/L When my trade is up +25 pips, I will then close the order if ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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damonl replied May 28, 2008She faked me out today...just when everything looked to me like it was going to at least go down 50 pips, she decided to turn it up. In 20 Minutes, if things stay as it is, she will be showing Long bias on the H1, but it will take a retracement of ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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damonl replied May 27, 2008My evaluation...... — If QQE signal closes below QQE smothing on H1, then I will wait for Wiliiams % to close either above -50 and then close below it or close above -25 and then close below it on M15. I will use orders for beneath the bars ...
Auslanco - GBP/JPY and GBP/USD (newstrade)