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  #1 (permalink)  
Old 12-07-2007, 07:34 PM
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Join Date: Sep 2007
Posts: 15
Default CAD/JPY Madness

Am I seeing things or did that candle move up 1500 pips in one 15 min candle...?

kjahgsdv <--- that typo is from my jaw hitting my keyboard...

What caused that huge movement? Or... is that kind of thing normal?
Either way, thats some nice pippage. I hope some of you guys got into that sexy thing, I sure didn't
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  #2 (permalink)  
Old 12-07-2007, 07:42 PM
akeakamai's Avatar
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Join Date: Feb 2007
Location: Oil country, Canada
Posts: 254
Default

Watch the decimals on the JPY crosses, the high for that candle is 111.53, and the low is 110.11, a difference of 142 pips. A very nice move indeed, but not the 1500 you are seeing!
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  #3 (permalink)  
Old 12-08-2007, 03:53 AM
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Join Date: Sep 2007
Posts: 15
Default Ahh!

Hey akeakamai, your right!

Whahaha! silly silly silly

sneaky jpy and they're decimals!

Thanks

P.s Big candles are still sexy~ Oh baby. Size is ALL that matters
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  #4 (permalink)  
Old 12-08-2007, 11:57 AM
 

Join Date: Sep 2007
Posts: 1
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Hello, i've taken a position just yesterday, would you like to give some comment about this set-up (if you have any)?
Let me know what u think, i'm really curious




---

I was analyzing again my entry, it seems soo perfect one!
The first target is: 110.07 -
Second target: 109.85
First stoploss: 111.35
Second Stoploss: 111.42

For this trade, i've set the sl at 111.43 (1 pip more then the analysis result stoploss) and target at 110.11 (4 pips more then the first target, just to be sure that order will be close if price touch 110.07 and go up (that with spreads is 110.11)).

We will see how it goes, on moonday

Any comments are appreciated
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File Type: jpg 2.jpg (43.6 KB, 6 views)
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File Type: jpg ok.jpg (55.1 KB, 7 views)

Last edited by w4rn1ng; 12-08-2007 at 12:37 PM.
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