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- fxpipper replied Mar 9, 2010
Nice. Everyone's got trend reversal on their mind but this just might be an imperfect bear-flag forming. I was thinking this last week but didn't want to say anything publicly for fear of being laughed off of FF. Wednesdays are usually when the big ...
EURUSD
- fxpipper replied Feb 28, 2010
Well so much for going long...LOL. I think staying short is the safe thing to do.
EUR/JPY Anytime!
- fxpipper replied Feb 28, 2010
Absolutely my friend. The long is short term. I want the absolute best rate to go short...and a huge short it will be. Just hope it reaches my ultimate target before the NFP day. Might have to tighten stop if the trade is still in play that day.
EUR/JPY Anytime!
- fxpipper replied Feb 28, 2010
Hi Petar, I am long on this right now. I see it going to at least 122.85 (as per the middle band of the Keltner Channel on your chart) before heading downward. Ultimately I see a downside target of 117 or so. It'll be nice to short from the high ...
EUR/JPY Anytime!
- fxpipper replied Feb 26, 2010
Curious...why do you think this won't go up? Do you think it'll break 120.50 support?
EUR/JPY Anytime!
- fxpipper replied Feb 24, 2010
Actually what happened was the EUR/USD broke down and the USD/JPY is following. I heard that's the norm these days because the JPY is benefitting from the Dollar's strength against the EUR. I saw an article today from Bloomberg suggesting that the ...
USD/JPY Discussion
- fxpipper replied Feb 21, 2010
Good day all...looking forward to a productive week for everyone. I suffered some drawdown last week and could use a nice week. Happy trading everyone!
EURUSD
- fxpipper replied Feb 17, 2010
I'm an utter fool...but a lucky one this time — Ugh...finally out of my positions. Out of a nightmare situation that started yesterday being on the wrong side of that meteoric rise. I was sweating bullets and shitting bricks for more than 15 ...
EURUSD
- fxpipper replied Feb 11, 2010
Thank you. A large chunk of my profits came early in the week when I was trading GBP/USD, GBP/JPY, and EUR/USD in the same day, and all three of them did what they were supposed to. You have yourself a great weekend as well!
EURUSD
- fxpipper replied Feb 11, 2010
Done for the day...done for the week. Feeling good, grew my account by 16% this week...will be taking a nice day off from trading tomorrow. Hope everyone else did well on the EUR/USD this week.
EURUSD
- fxpipper replied Feb 11, 2010
Hi trade price, thanks for sharing your methodology with us. It looks very interesting and I'm going to be practicing it in demo first, but I already have so much faith in it. Not sure I understand the Kelthner Channel, so I'll be reading up on it ...
intraday trend trading with price action
- fxpipper replied Feb 11, 2010
Oh I know about that...I was referring to the current downtrend which is moving very slowly...just waiting for a decisive break. EDIT - looks like it just happened!
EURUSD
- fxpipper replied Feb 11, 2010
Broke but didn't close...it keeps bouncing off and upward, but keeps getting pulled down again. Looks like it's ready to break for good any minute now.
EURUSD
- fxpipper replied Feb 11, 2010
A few minutes ago...bit of a triangle. What do you guys think? Could go back up to 1.38...but doesn't appear to have enough oomph.
EURUSD
- fxpipper replied Feb 11, 2010
Even the scheduled ones if you fail to look!! Happened to me a few weeks ago. Reaction from the USD Fed Funds Rate opened a pending short I had on the USD/JPY, which caught me by surprise and led to a bitter loss. Needless to state I always check ...
EURUSD
- fxpipper replied Feb 10, 2010
If you can afford to hold it without serious risk to your account, then hold it. Price should be coming down soon...this rally is running out of steam, (shouldn't go any higher than 3810). Once it turns around you could add another sell position to ...
EURUSD
- fxpipper replied Feb 10, 2010
Picked up a quick 13 pips near the top of the spike...in and out a minute after the release!
AUD/USD
- fxpipper replied Feb 9, 2010
I believe in 3850...there's a downtrending resistance line there on the 4H chart. Got my short set up around there. Not sure how strong it'll be though...may only aim for 15 or so pips. Stop-loss a must there!
EURUSD