Nasir, the post above your post is a question regarding this trade. I pulled my order off the table and didn't take the GJ short, because last night the pair shot up to 1.2782 in after hours trading. I was afraid this might eat up all the sell ...

LJ Forex Group

I am wondering how you guys play something like my posted chart. I had a sell order at 128.00 originally set on the GBPJPY. I then saw yesterday in the post NY market time and early JPY market time, the GBPJPY shot up to 127.82 and then shot back ...

LJ Forex Group

Looks like you got enough movement to get to BE. I hope you were able to do so. I passed on this trade because the PPZ didn't line up with the 50 to 61.8 Fib retracement level. Price did not move down enough to retrace back to this PPZ and give it ...

LJ Forex Group

Nasir, Thank you, yes I have the same thoughts on the market. Ben Bernake spoke today and hinted at QE3, and BAM the Eur recovers, the GBP recovers, and the stock market recovers. And it all seems short term, as the underlying issues still exist, ...

LJ Forex Group

Still no trades this week. I had an order set on the USDJPY to go short at 80 this morning, and we didn't even get close to that level. I also went ahead and entered a short on the EURJPY at 113.50 and GBPJPY at 128. Looking for 1R bounces and then ...

LJ Forex Group

It is fun seeing our women being so competitive at the biggest sport in the world. It is a shame that all of our would be GREAT soccer players in the USA end up playing American Football. American Football is the greatest sport in the world, the ...

Silent Service Method

Wow, the Eur is just falling off a cliff early on a Monday morning. I expected a small retrace to get into it first, nope, it went without me.

LJ Forex Group

I started with Phillip Nel's system and James16. Both are purely technical. But I feel more comfortable with what Mark is doing and his combines in some fundamentals. I don't trade on fundamental news, but I add it into my thought process on which ...

LJ Forex Group

Yes. I am not sure if you watch CNBC or not, but it is fun to get up and turn it on in the morning. Anyway, there were some nice long EUR set-ups on the EURUSD and the EURJPY from yesterday. So I expected the EUR to be strong, but didn't trade due ...

LJ Forex Group

I stayed out today and slept in due to it being First Friday (NFP day). I really expected some nice risk appetite today, and expected the EUR to be stronger. Good thing I slept in. Anyone trading today?

LJ Forex Group

Mark, thank you so much. I had the .9740 level on the USDCAD marked because it was a 50 Fib area, and a decent broken trendline. But I didn't even notice the BEOB on the Weekly and overlooked the great S/R flip zone you pointed out. Ugh, I over ...

LJ Forex Group

Very nice pop short (quick burst) on the CHF pairs. Maybe this will signify that the long term strength in the CHF will disapate, at least for a while. Then the USDCAD fell again. I really expected this pair to get back to around .9740 before ...

LJ Forex Group

Mark, Thank you very much. I am in the confidence building stage and I just could not decide on these trades. The areas looked good, but I wasn't comfortable so I stayed out. This is definetly a confidence booster. T.J.

LJ Forex Group

Some trades I wasn't sure about — Hey guys, I just wanted to see if anyone played any of these trades, passed on them, or are saying "what are you talking about T.J., those are horrible locations". I picked out a few locations yesterday where ...

LJ Forex Group

Interesting. It appears that once again socialism failed. Trying to pay to replace dad with govt. has caused great pyschological damage along with financial damage that might affect generations into the future. No surprise, the same basic ideologies ...

raczekfx chart thread

Mark, that is awesome. CHFJPY is a pair I don't look at enough. Thank you for all you do here, you have reallly given me hope at life again.

LJ Forex Group

Yes, that makes sense. And when the Greece vote was being counted and one of the top staff members voted against it, the EURUSD quickly fell like 50 pips crashing many out I am sure. So you have to get in early and protect yourself on big news like ...

LJ Forex Group

Thank you Mark. I completely forgot about looking at a USDX chart. I just watched the EURUSD explode up, and I was thinking "how is this happening, what did I miss". I knew the Greek vote was for a day, and I saw nothing to tip this off. Now I see ...

LJ Forex Group

By risk appetite, I mean that the news of Greece being bailed out was seen as a positive for the markets. So people sold the USD and JPY today and bought EUR and the stock market was up today (risky investments were strong today). Thank you for your ...

LJ Forex Group

Today we had a nice little pop in the risk appetite today, but I didn't see it coming or know how to play it. Did anyone get in on this today? I believe the news about Greece being bailed out helped push the risk appetite long, though I am not ...

LJ Forex Group