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- CounterTrend replied Feb 26, 2008
Bounces for now, but light volumes.. its near the lows. I will be back in a few hours when volatilty comes
USD/JPY Discussion
- CounterTrend replied Feb 26, 2008
It looks heavy, 107 is not attracting bulls umm? Looks like when eurusd goes down, eurjpy does, and usdjpy goes down..and the same if usd weakens lol

USD/JPY Discussion
- CounterTrend replied Feb 26, 2008
at this stage any dip in eurusd is very attractive you know
I would love to see sub 1.48 again or even low 1.49EURUSD
- CounterTrend replied Feb 26, 2008
I found a low R/R trade and I am going long on the greenback despite its weakness. Trendline support nearby 107.00/106.90 if usdjpy closed below this, call for a move out-of-range towards sub 105. Currently i went long, stoploss on close below later ...
USD/JPY Discussion
- CounterTrend replied Feb 26, 2008
It is all about market cycles, usd will make it again versus the euro and sterling pound (sterling pound especially) but the current trend is up and its objectives are likely to be about 1.51/52 for euro, and 2.02/2.04 for sterling. RSI is at ...
EURUSD
- CounterTrend replied Feb 25, 2008
Where you got long? I want to Stop-and-Reverse, looks like credit conditions will control the stocks and usdjpy is heading much lower in a few months. do not want to be taken out by a huge downleg
USD/JPY Discussion
- CounterTrend replied Feb 25, 2008
Actually, if we could maintain a firm close and I mean really small upper shadow market will test 108.30 again tomorrow. Anyone agrees? Eventually can we really see 109 before 105? Sharp question. 105 will come as this expanded flat correction is ...
USD/JPY Discussion
- CounterTrend replied Feb 25, 2008
It did what you expected, a rise to 108. But now what? Strong resistance 108, even if its taken, harder seen 108.30-40 zone 108 is a fib resistance and a barrier..and price is trying to form a doji off it from 4-HR chart. Much of cautioun ...
USD/JPY Discussion
- CounterTrend replied Feb 24, 2008
With USDJPY closing last week bearish, its nearly impossible not to close this gap.
USD/JPY Discussion
- CounterTrend replied Feb 24, 2008
UsdJpy gapped up to 107.50 you might consider shorting to close this gap as market opens. Good opportunity
USD/JPY Discussion
- CounterTrend replied Feb 24, 2008
Kidding? Only 2 persons are not happy with Oanda according to the poll. I think it's the best broker around now despite the minor glitches in platform and high transaction fees.
Rate / Review Oanda Please!
- CounterTrend replied Feb 24, 2008
How EU/GU will fuel this? If US equities slide again, usdjpy will too.
USD/JPY Discussion
- CounterTrend replied Feb 24, 2008
It will eventually get there, just try not to ride against the short term trend up while not forgetting that long term cycles are bearish, not talking about sudden reverse here though before 2.0 level is tested. So both bulls and bears should get ...
Cable Update (GBPUSD)
- CounterTrend replied Feb 23, 2008
That's really positive since I am trading with them for a while now. Keep them coming
Rate / Review Oanda Please!
- CounterTrend replied Feb 23, 2008
Longer term speaking, euro is flying higher in the mid1.5's but when? please do not ask me
It might.. or it might correct then go and break it.. Or it might break it to reverse other way hard. Well do not try any technicals, nothing can tell you ...Will Eurusd Break Into 1.5000 This Week ?
- CounterTrend replied Feb 23, 2008
Yup trailing stops!! important one.. to protect your good trade. They do not also have normal stops like buy/sell stops.. maybe not meant to trade news or breaks. But i agree. chart part also is premature.
Rate / Review Oanda Please!
- CounterTrend replied Feb 23, 2008
Actually, technical analysis is more reliabe in the long term but does not mean it does not fail big time as well. It will still fail whether you view 1minute or 1month. The key point here is that technicals are less likely to change in response to ...
Technicals: short term vs long term
- CounterTrend replied Feb 23, 2008
Yes, sometimes I get re-quotes on manual execution of orders or exitting a trade. But when markets are ultra volatile. Anyway, during volatime times you cant scalp oanda. But i love, i really love how i can scalp say in ny close or early asia ...
Rate / Review Oanda Please!
- CounterTrend replied Feb 23, 2008
Varying opinions, let us share more opinions. It's neutral right now.

Rate / Review Oanda Please!
- CounterTrend replied Feb 23, 2008
So bottom line, northfinance demo is the best so far.
Which MT4 platform you recommend for accurate rates and technical analysis?