Nice to see you posting Tori, been awhile I think? On your E/J trade, is there concern at all for the recent move up into that area (June 30) and the T/P being below previous S&R at 1.35?

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That can be an accurate statement...but I wouldn't obsess about a 1:3 or 1:2 R/R. 1:2 can often be difficult to achieve without having your stops too close (again, we want to allow room for the bounce/reaction to occur). You may find a 1:1.5 is more ...

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USD/JPY Level Approaching... — ...97-97.25 is a level I've been watching for awhile now. 50% fib is just below 97 and there is quite a mess of resistance in that range. 4hr chart attached below. Questions/Comments/WTF welcome as always. My ...

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I usually try and enter about 10 points early from the line and give it usually quite a range. Generally, my S&R lines consist of TWO lines. S&R is always a range - you'll drive yourself crazy trying to nail it down to just a few points. Check out ...

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In case USD starts running soon... — ...small bounce play that I'm watching for at 1.39. A shorter term level but one that should provide a few reaction points if we make it down there. image

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This is a good rule and one that will save you money.

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Ah, nice...some buddies and I took the bikes up on a road trip in that area, gorgeous. As your settling back in, any levels that you're keeping an eye on?

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USD/JPY Sell 97-92.25 — Another I'm watching... image

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Looks like a great level, I have my call alerts set. Thanks for posting *How's that weather over on the West side seattlerust?

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EUR/USD Short Play — A bit shorter term than I usually watch but it looks like a nice level with the opportunity to have a tight stop. The 50% fib retrace of the move down comes in at the upper resistance line/1.4012. image

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EUR/USD Short — So tempting to take a short on the EUR/USD as we come to test the underside of that 1.40 resistance...unfortunately, too much BS about to erupt over the next hour with FOMC, etc.

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As far as S&R, if you look at it with the mentality that those levels are there because that's where buy/sell orders are stacked, it would make sense to say that S&R/aka big order seeking, will remain in practice as long as there is trade. As long ...

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Nice level guys. I tried to take it but was protected from hurting myself via our new hedge rules and my on-going EUR/USD short.

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What levels are we all watching tonight/tomorrow? News tomorrow, understandable if people are sticking to the sidelines. I have my eye on EUR/USD supports should we see a move down - 1.38 & 1.37. I cannot understand why we would see any further ...

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USD/CHF Short Level, 109.55-109.85 — Daily chart below, previous S&R. image USD/CHF Short Opportunity, 109.55-109.85

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I hope that this comment doesn't come under chit chat in that I hope to see continued posting and have enjoyed what's been posted thus far. You're posts are one of the few that I key into at NBT.

Jack C's Trade Plans and Ideas

EUR/USD Long Op, 1.374 — Previous S&R and while we just tested this last week, it looks good for another bounce. image 1.374 EUR/USD Long

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Exactly Roy. We had that spike on June 17 to 1.145, which is certainly in the range of this 1.147 reistance level. From there, we saw a 200+ point move down before moving back up. This morning's short was a riskier trade as that resistance range had ...

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Yep, I'm out of it.

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I am short but it doesn't look very nice yet. 1.147 was my ideal turn around but that may have been negated as we had a spike up close to it last week. Are you short Jack?

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