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- dwildes replied Jun 25, 2008
Serb - why not move that stop to BE now, maybe take a little profit, then let the rest ride? That way regardless you come out winning.
USD/JPY Discussion
- dwildes replied Jun 25, 2008
Out of curiosity - what was the ending result on the account? Sometimes we all have streaks in the beginning or at certain points.
USD/JPY Discussion
- dwildes replied Jun 25, 2008
That's a tough entry at the moment. The 107.95 area is a decent support range, but on the flip side if it does fully break it, you stand to make a profit as it heads for the 107.82 area. My 2 cents....
USD/JPY Discussion
- dwildes replied Jun 25, 2008
Well we made it to the 108.05 50% retracement. How crazy I was to think it could go 'gasp' up.
Made my PIPs. Hopefully others took advantage of an obvious retracement 'up'. From here it's a 'neutral' status for me until the market says which way ...USD/JPY Discussion
- dwildes replied Jun 25, 2008
Awesome trades Pep! Hopefully the mojo will return soon

USD/JPY Discussion
- dwildes replied Jun 25, 2008
Do it! I would love to see some 'real' trades from a fulltime trader.
USD/JPY Discussion
- dwildes replied Jun 25, 2008
I agree with ya - we'll eventually have to come touch that trend line again. After the retracement is done thoughUSD/JPY Discussion
- dwildes replied Jun 25, 2008
We're at the 38 FIB of the retracement - and close to the daily pivot. I'm showing the 50 FIB at 108.05 - not sure we'll make it all the way, but time will tell
USD/JPY Discussion
- dwildes replied Jun 25, 2008
If it wasn't a book, probably more people would try to attempt it. Totally agree with you steelhead. I'm sure Bruce you can come up with more fundamental articles - but it's only excuses to 'try' to explain after the fact what happens. If you say ...
USD/JPY Discussion
- dwildes replied Jun 25, 2008
Hahahah - yeah pretty good odds there huh? 10PIPs vs. 70PIPs But wait, if it touches 107.65 - he'll be 'right', and that's what matters!

USD/JPY Discussion
- dwildes replied Jun 25, 2008
Yeah - I don't either at the moment. Course it is a 4hour chart and it just hit the bottom, so I'm sure it will take a few hours for something to happen
USD/JPY Discussion
- dwildes replied Jun 25, 2008
I think we are heading upward. We touched the pivot zone of around 107.65 and came up. We are still within trend of the 4hour.
USD/JPY Discussion
- dwildes replied Jun 25, 2008
After such a large run down, we'll probably inch back up 20-30 PIPs before Tokyo. That seems to be what happens after a close like this. What do y'all think?
USD/JPY Discussion
- dwildes replied Jun 25, 2008
Looks like we are consolidating around the weekly pivot
USD/JPY Discussion
- dwildes replied Jun 25, 2008
A real test of my growth as a trader. I want to try to catch a few waves - but I'm going to wait as well. This will make a lot of great setups for tonight/tomorrow!! Play it smart.

USD/JPY Discussion
- dwildes replied Jun 25, 2008
Not quite as good as yours - but got in on 108.22 to 108.16
USD/JPY Discussion