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Shermenator replied Feb 25, 2009EURJPY — I wont be getting in front of this leve even though its good but the conditions in the market are not... image
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Shermenator replied Feb 25, 2009AUDJPY — Like I mentioned yesterday ...dont stand in front of it ....it should give us a good shot at a higher price but not yet... image
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Shermenator replied Feb 25, 2009Seems like we are going to se some yen weakness momentarely so be carefull on how you trade the levels ...I am stepping aside untill I see the conditions correct again...
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Shermenator replied Feb 25, 2009well it depends on how much of a reversal your expecting...we are at a major level of resistance so it will probably give me more then one attempt at shorting it....I also dont know how much of deep of a movement untill I start seeing some shifts in ...
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Shermenator replied Feb 25, 2009Easy money lol — Made 44 in my usdjpy and 50 pips in the gbpjpy I have taken almost everything off... image and my gbpjpy image lol all to easy like stealing candy from a baby
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Shermenator replied Feb 25, 2009Update — Alrigh I have 45 pips in the gbpjpy and 25 in the usdjpy
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Shermenator replied Feb 25, 2009Update — Alright I am currently up 15 pips in the gbpjpy and up 13 pips in the usdjpy... image image
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Shermenator replied Feb 24, 2009It comes down to what you define as a reversal....as traders we only assume a reaction and then we adjust to what flows from the point on. As well the conditions the market has created for us prior to the reaction expected should give us an Idea of ...
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Shermenator replied Feb 24, 2009Majority of the attention is on the close ....futures are trying to predict past that...so many traders are going with the analysis of the close and as you closer to the Ny open then the futures get more attention since people start wondering more ...
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Shermenator replied Feb 24, 2009Alright update — sorry for the delay in my entry above.... well I am 25 pips in the gbpjpy already.... and up 10 in the usdjpy... image and my usdjpy short... image
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Shermenator replied Feb 24, 2009My trades — Alright I have now pull the trigger in 2 trades.... GBPJPY short .... image and usdjpy short... image
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Shermenator replied Feb 24, 2009Well the more prices go up the weaker and the more prices drop the stronger the market gets....buyers and selers will gather since it will become a bargain to an investor
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Shermenator replied Feb 24, 2009Dow — we see some Stock market strenght coming up so we might see some usd weakness in the upcoming day or two....as well as I see some yen strenght coming up today ....the dictates why I really would like to get a shot at selling dollars ...
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Shermenator replied Feb 24, 2009Heres something for you guys to read.... — Best Times to Trade by ForexTechniques.com EUR/USD During the Tokyo session, the Euro only trades 15% of all volume so it is best to start watching the Euro late in the Tokyo session.It trades 39% of ...
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Shermenator replied Feb 24, 2009Alright guys we might see some yen strenght back...but I dont like the fact it is trying to take place at an early time so their might not be enough limit orders in front of the levels yet so we might see a bit of range untill we at least get closer ...
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Shermenator replied Feb 24, 2009Alright guys peace I have to go sleep for about 1-2 hours since I have college soon . Will be back tonight when I wake up for london.
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Shermenator replied Feb 24, 2009Opposite ....stocks up mean people take money out of currency and put into stock market...you dont look at the stock market at that exact candle but more of what can happen next.. then you know what can happen at the pairs or have a better idea of ...
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Shermenator replied Feb 24, 2009Well I do it from the charts my friend...I dont really look at news ...I look a bitt at stock market ...but thats really it I see the order flow on the charts...
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Shermenator replied Feb 24, 2009I would not be taken it myself...I wont stand in front of the train yet....it could fall a bitt and then shoot right back up
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Shermenator replied Feb 24, 2009Yea the reason I did not come in at the spot you came in was because the level was bitt to weak for such a weak yen. After the yen rallied so hard I would only stand in front of it from a very powerfull level since I whant to make sure it holds. If ...
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