try getting an xbox..got one yesterday and have been exploring it all evening .. btw, i agree with pov about uj...got burnt by ej shorts the other day.

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Good job. If people dont understand after reading this post also, then I seriously think they need to get help. You might want to index this from your first post. Just my 2c - dont change the name of the thread for people who are getting ...

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1.0388 ... i will post charts if possible. (as usual they are lying at home) This is the 50fib from 0.9927 to 1.0851

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Long UC — I went long UC at 50fib. No target, stop at 1.0350. This is aligned with the weekly and daily ...so lets see if it moves higher.

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..Same here..shorted AU a while back...

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The Aussie GDP was worse than expected...that doesnt make sense :| My EJ got stopped out and I think it is due to the Japanese PM's resignation. Second day in a row political troubles killed my trade. And on the same pair! Saxon, I think that is the ...

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Shorted EJ at 111.29 ..lets see how low it goes ... EU seems to be hanging on for dear life ...would take one push to break those 1.21s. I closed my Aussie shorts btw. Saxon, Marc, what about you guys?

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Another view on the same - It is putting in a bearish engulfing pattern right below an important fib as well. If it closes there, then it will go lower I think. It still has to break 0.8307 ..if it does then I think it should reach 0.8168 and then ...

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yup, crosses have been working out for me for a while <wood touch>. I closed a EJ short yesterday in green before it turned up again. Have been waiting for a short since then. Btw, if you are looking at crosses, I suggest CJ as well. I think it ...

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Watch EJ — The 4hr is looking increasingly bearish. If it closes below 111.7 (and is a shooting star/Dark cloud formation), I would think it will go lower and target 109. The weekly and daily look bearish to me, so this trade would be with the ...

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I am here ...reading but not anything new to post..still the AU short from last week and the EJ short. I am looking at UC and CJ but reluctant to take positions till tomorrow morning's data. Till NY then...

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it missed by one pip..lets see where it goes.

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Hate politics — I hate it when politics plays havoc with valid setups. My EJ short ran into trouble with the political events in Japan. Hasnt hit stop yet ...but just wanted to rant.

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Thats good to know...so we drew fibs in two different ways and they still had a confluence. Gives me more confidence. I like drawing fibs on the overall swing lows and highs rather than each swing move. Looking at the forest rather than individual ...

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Depends on how you the draw the fibs I guess...for me it is 0.382 if you draw from 0.9404 to 0.8065 (i always draw my fibs from highs to lows). Besides, it is a previous swing low...even if we dont get the big down movement (I expect 0.77), it ...

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Great..looks like we are on the same page..the scenario we have been looking for a week. Thanks

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Hey Marc, Are you watching AU? Are you looking to short near 0.8577. ~A

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I posted this earlier. The next bar after the three red ones was a hammer. Not a perfect hammer but hammer nevertheless. I think EU has embarked on a big bullish run. I am long as I remarked earlier.

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You are welcome Marc. Just to explain my rationale, AJ movements are correlated over 90% with AU. You are already prolific with AU. So, trading AJ movements might be something that you want to look into. Like you, I used to trade AU and GU in the ...

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Hey Marc, If you havent made up your mind about EU, I suggest take a look at AJ as well. Edit: Btw Iwent long on EU when it pushed above 1.2175. I will move stop to BE soon and let it ride.

Nearly Naked (Simple Trades)