EUR JPY

Nov 21, 2012 at 13:17
4,938 Views
90 Replies
Member Since Dec 04, 2012   241 posts
Jan 17, 2013 at 11:19
Good morning everyone. I once again today was bias (To the sell position) In which I was able to earn 20% profit for the day. I have made the adjustments in using my stop loss. In fact, if I decided to not use it, I would of margin called again.As of right now, I believe eur/jpy won't retest the high created. How many people have earned at least 3% profit from the run today on eur/jpy?
Member Since Jan 15, 2013   6 posts
Jan 17, 2013 at 12:53
I went to sleep happy with an 80 pip gain going short at 118 level only to wake up and find out what I missed! Now I am looking at a doji on the one hour chart and I am unsure about entry. Could this be where Ali was talking about it reaching the 121 level?
Learning
Member Since Jan 15, 2013   6 posts
Jan 17, 2013 at 12:53
Sorry so simplified, at work I do not have access to home CPU and I am limited to oanda mobile app.
Learning
Member Since Dec 31, 2012   29 posts
Jan 17, 2013 at 15:19
AmberLynn posted:
 Good morning everyone. I once again today was bias (To the sell position) In which I was able to earn 20% profit for the day. I have made the adjustments in using my stop loss. In fact, if I decided to not use it, I would of margin called again.As of right now, I believe eur/jpy won't retest the high created. How many people have earned at least 3% profit from the run today on eur/jpy?
Very well done sir. I enjoyed a few pips on the move as well, keep up the good work!
Best;
C~
"Live The Dream"
Member Since Dec 04, 2012   241 posts
Jan 17, 2013 at 15:26
It was an amazing run. I got caught in the middle of it losing all of my profit, I was then able to recover on the move down. So I am done for the day with a slight loss. Saving bullets for tomorrow.
Member Since Dec 04, 2012   241 posts
Jan 17, 2013 at 15:27
jsnyder162 posted:
I went to sleep happy with an 80 pip gain going short at 118 level only to wake up and find out what I missed! Now I am looking at a doji on the one hour chart and I am unsure about entry. Could this be where Ali was talking about it reaching the 121 level?

 You know I was thinking about ali, and what he said. Yet if it goes to his level, it very well can do it from these levels. Yet if we finish he day at these levels. Then tomorrow will be a wild friday.
Member Since Dec 04, 2012   241 posts
Jan 17, 2013 at 15:28
This was the short in which I recovered most of my loss. I actually shorted it based on it hitting the pivot.

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Member Since Jan 15, 2013   6 posts
Jan 18, 2013 at 08:24
Nice entry there AmberLynn, I think that your entry was on the only inverted hammer on the 15m chart of the day. I need to work on better entries because I now know what you mean by 'bias to the sell/buy position'. Once I realized Ali was onto something (and all the other evidence!) I managed to rally back but it should have been an easy day, rookie mistake. Thanks for your posts, trying to absorb everything I can. In process of figuring out the blue/red dotted line you have running beside your SMA.
Learning
Member Since Jan 15, 2013   6 posts
Jan 18, 2013 at 08:24
actually, the term for me might be overly biased, if I am correct about the term. Good Luck.
Learning
Member Since Dec 04, 2012   241 posts
Jan 18, 2013 at 16:39
jsnyder162 posted:
 Nice entry there AmberLynn, I think that your entry was on the only inverted hammer on the 15m chart of the day. I need to work on better entries because I now know what you mean by 'bias to the sell/buy position'. Once I realized Ali was onto something (and all the other evidence!) I managed to rally back but it should have been an easy day, rookie mistake. Thanks for your posts, trying to absorb everything I can. In process of figuring out the blue/red dotted line you have running beside your SMA.

 Well the blue/red DOTS is another MA. MA 20. What I have noticed is using that MA, at least on the 1m chart, it is much easier to identify a fake reversal on the 1m chart. Say the dot is red. That will mean the price is under it. A lot of the times the price will go back to the red dots very quickly. Which is where most scalpers will enter a buy. Yet over 92% of the first 3 times in which the price hits the red dot, it will lost on avg 10 points before it finally closes over the red dot to change into a blue dot :)
Member Since Dec 04, 2012   241 posts
Jan 18, 2013 at 23:20
https://www.myfxbook.com/members/AmberLynn/yadix/464030

 That is the new account which I created. Not to much profit, but slow and steady wins the race right?
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