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kujo17 replied May 15, 2008it's a comin. Divergence on all pairs. trading below 5sma. just a matter of time Been short for 20 hours now..... INsane........ Drop already..... Short on UJ, GC and GJ all in Green pips. Just waiting for the lower 4H TL to break and we get a close ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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kujo17 replied May 15, 2008It's been stalled for 12-16 hours......... Patience. We know she's breaking down. Give her time to develop and RUN. She's gotta blow below the 4H Gann and then 100sma.... then we'll see the 102, where the 200sma resides.
USD/JPY Discussion
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kujo17 replied May 15, 2008SL or TP is the way to go. Though last week, I was about $500 into profit and 1/3 the way to my TP, went to sleep and I woke up to $1500 Bill......LOSS...... damn it.... ;-) It happens though
Auslanco - GBP/JPY and GBP/USD (newstrade)
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kujo17 replied May 15, 2008Temporary. WE are below the 4H 5sma, breached the 200sma and Gann. We'll see 201.75 and maybe more, depending on tomorrow am's USD fundies......
Auslanco - GBP/JPY and GBP/USD (newstrade)
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kujo17 replied May 15, 2008I'll take some profit at 104.00 and then let the rest of the position run to 102.57 with a trail on her. Only Fundies will keep us from there. But, Fundies may also help the cause.... we wait and see.
USD/JPY Discussion
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kujo17 replied May 15, 2008Absolutely. There was bearish Divergence on the 4H hours ago. Been sitting on a short since 105.25 and about 12 hours ago... ;-)
USD/JPY Discussion
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kujo17 replied May 15, 2008it bounced at the 23.6 fib of the last move down. London will jump on the bandwagon and keep the push down. OOPs, wrong chart..... the GC dropped to the 23.6.... damn, I need some sleep.... ;-)
USD/JPY Discussion
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kujo17 replied May 15, 2008Thar she slows..... El Crapper, here we come ! ;-) Your TP is coming up Jerry and fast
Auslanco - GBP/JPY and GBP/USD (newstrade)
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kujo17 replied May 15, 2008You're right. The last 8 4H bars all reside in about a 100 pip range. Sad..... but, I think that's a set up for a good fall. We'll just have to wait and see and trade what's in front of us. I'm more a longer tf trader now. I used to scalp alot, but ...
USD/JPY Discussion
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kujo17 replied May 15, 2008aside from Fundy intervention, I'm short from 105.25 area. 104.00 is first TP, at the 50.0 fib retracement. But, once she closes below the 4H Gann and 100sma, I'd look to 200sma area around 103.2
USD/JPY Discussion
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kujo17 replied May 15, 2008Absolutely ! Wasn't telling you how to trade. Always trade your system. Just making an observation. 203.31 area is good S/R area. Once below the 200sman and 4H Gann, we'll have a nice fall down. 201.75 for me, once those two points are broken. (61.8 ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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kujo17 replied May 15, 2008E, Well, we had a 4H close below the 5sma. At minimum, it's usually good for 150 pips. That would then also put us with a close below the 200sma and the 4H Gann. I'm targeting 201.75 to be honest. BUT, if she doesn't get a nice close below 203.74, ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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kujo17 replied May 15, 2008203.36 is just below the 200 sma and 4H Gann. We close below that, we'll see 201.75. Hold onto that baby and let the profits run !!!
Auslanco - GBP/JPY and GBP/USD (newstrade)
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kujo17 replied May 15, 2008Well, looking at the size and small range of the last 3 4H bars, that's quite depressing. I'm short on the UJ, GJ and GC at the moment. Green pips in all situations. 4H strategy has been 'short' for a bit now. Bearish Divergence on the 4H on the all ...
Kujo's Forex Journey..........
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kujo17 replied May 15, 2008the calm before the explosion into the proverbial 'crapper' ! ;-)
Auslanco - GBP/JPY and GBP/USD (newstrade)
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kujo17 replied May 15, 2008He's been using this for a while now. He told me about it a bit ago. He trades, successfully on a Standard account. I'm sure he'll tell you more, but just figured a 1KT trader can vouch for his success with it for you. Cheers !
34 EMA Trading Strategy for newbie's :)
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kujo17 replied May 14, 2008Just curious why some many are LONG biased at the moment. 3 tries at 204.95 on the 4H with no luck. 4H bearish Divergence Daily is gonna close around 204.40, which is 50 fib on that last move down. Similar on the UJ. No break of 105.43 area. Bearish ...
Auslanco - GBP/JPY and GBP/USD (newstrade)