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benaiah replied Nov 17, 2014I think a matter of trading style. A lot of pips could be had for anyone who went short yesterday. The trick is not to get too comfortable in any one direction. That is my opinion, but I respect yours.
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benaiah replied Nov 17, 2014Okay, unless something crazy happens, looks like a break out of the key level of 116.43-53. Looking at things now, I'd actually be surprised if we don't see 117 or near it soon...
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benaiah replied Nov 17, 2014Of course still looking at current level as key. If it is rejected either way, or break out, I'll change directions if necessary...
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benaiah replied Nov 17, 2014Okay, waited long enough for the short idea to come to fruition. I'm long now, as M15 chart has maintained it's bullish sentiment.
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benaiah replied Nov 17, 2014what time is that scheduled? FF calendar says "tentative"
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benaiah replied Nov 17, 2014Totally agree that we probably will see 117 again. However 116.54 is the barrier right now. Extremely low risk short trade with only a few pips SL, and a key level. I believe price will drop first and retest recent lows before it goes back up. ...
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benaiah replied Nov 17, 2014Short at 116.49. SL 116.58 add - Target: 115.32 add - Thinking targeting a little more conservatively at 115.82, but we'll see how price acts if/when it gets down there...
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benaiah replied Nov 17, 2014Watching lower time frames now, and seeing a little too much hesitation. Went ahead and TP for this time around. Will watch to see what's next...
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benaiah replied Nov 17, 2014However... I'm still not convinced this bull run has enough steam to go too far. I will be looking for a pull back at some point. Right now looks strong. But looks more like a corrective move, rather than a decisive directional move (at least to ...
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benaiah replied Nov 17, 2014Okay, yeah, once I start typing, I tend to go on an on and on : ) But the more I look at the chart, it seems clear to me right now that bulls have their target on 117ish area... So, not even thinking about short positions

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benaiah replied Nov 17, 2014Watching... Not sure, but when I was posting my assumptions before, it was more of a "I think it'll play out like this" type of thing. So, I won't enter unless I actually see the price playing out like I anticipated. Right now, still bullish, ...
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benaiah replied Nov 17, 2014Okay, sounds good, I was just looking at today if we can get past 117, but now Bulls taking a break, we will see. And hope you're end of week 120 happens

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benaiah replied Nov 17, 2014120 by end of week? That would be nice
Bulls looking pretty good now, maybe push past 117...USD/JPY Discussion
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benaiah replied Nov 17, 2014Bulls look strong pushing up but not as strong as bears looked pushing down. Could go to 117ish, but will keep eye out for bearish reversal now or any new evidence Bulls are stronger...
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benaiah replied Nov 17, 2014Yep, and the M15 chart showed a nice little reversal pattern that gave me some confidence. Then, looking at H1 chart, I'm thinking we should see price retrace about half way up that bearish engulfing bar that kicked off this pull-back, so I put my ...
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benaiah replied Nov 17, 2014Interesting. It is very possible that we will both be right
But you are making me wonder if I should target a little more on this bullish bounce first 
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benaiah replied Nov 16, 2014Targeting 116.37 on this bullish bounce. From there, probably look to short it back down to 115ish area. Then wait for a bullish reversal to go after 117 area again. Of course, if at any time a bearish/bullish reversal pattern shows up, would go in ...
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benaiah replied Nov 16, 2014What exactly are you expecting to get out of your FF experience? Maybe you should get your money back. You don't seem satisfied. That was a joke. I didn't mean any offense. But seriously, if you need to learn how to trade, then you should get some ...
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benaiah replied Nov 16, 2014I can guarantee price will go up or down, because it will always go up or down. It won't stay in one place. It never does. If you watch the price you will find that to be true.
USD/JPY Discussion