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Show me the money! [Swing Trading] Need some swing trading ideas? Want to share your own swing trade ideas? If you're the next Jerry Maguire and think you can show us the money, then this thread is for you. Also, discover your Forex trading personality in the School of Pipsology.

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  #1 (permalink)  
Old 07-16-2009, 05:16 AM
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Default usd/jpy trade
Hi all,

Heres a trade im about to enter.


sell usd/jpy@93.50
stop@94.00

target 1@91.75
target 2@89.75
target 3@88.50


Lets see what happens, hopefully gets some nice pips i'll keep you informed as to what im doing.
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Old 07-16-2009, 11:16 AM
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Default Good Trade
Quote:
Originally Posted by fxfisherman View Post
Hi all,

Heres a trade im about to enter.


sell usd/jpy@93.50
stop@94.00

target 1@91.75
target 2@89.75
target 3@88.50


Lets see what happens, hopefully gets some nice pips i'll keep you informed as to what im doing.
I'm short as well but my entry is at 94.05. We should get a nice down swing throughtout today into next week.
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Old 07-16-2009, 11:24 AM
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Hi m8,

Yeah I got in a little late on this trade, I trade manually and my entry formed over night while I was asleep lol.

I would have got in at 94.30 if I were awake!! Anyway it doesnt matter, thats the nature of the beast Can't catch them all, and I don't try too either
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Old 07-17-2009, 09:06 AM
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Posts: 4
Default trade closed
hi all,

unfortunately i was stopped out

trade result: -50pips

well.. i'll try and keep loses to a minimum.
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Old 07-19-2009, 01:27 PM
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How about posting some charts?
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Old 07-19-2009, 01:47 PM
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Originally Posted by ForexNinja View Post
How about posting some charts?
Definitely some charts would show what you are trying to describe......
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Old 08-26-2009, 08:46 PM
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Location: Sydney, Australia
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Default USD/JPY long term
I structured my thoughts re the USD/JPY here: market-trading-ideas.blogspot.com/2009/08/possible-bottom-in-us-dollar-usd-vs.html


Basically considering if the long-term downtrend of the USD/JPY might end and we have seen the low at 87?

Pls feel free to review and comment.

Thanks.
Last edited by Jess; 08-26-2009 at 10:11 PM. Reason: link violation
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Old 08-27-2009, 04:46 AM
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well, seems I am a contrarian. The hammer pattern formed on the 4hr USD/JPY chart. I went long with a small amount. SL 93.15




Quote:
Originally Posted by trustFX View Post
I structured my thoughts re the USD/JPY here: market-trading-ideas.blogspot.com/2009/08/possible-bottom-in-us-dollar-usd-vs.html


Basically considering if the long-term downtrend of the USD/JPY might end and we have seen the low at 87?

Pls feel free to review and comment.

Thanks.
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  #9 (permalink)  
Old 08-27-2009, 06:46 PM
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Default USD/JPY daily chart
Update, Thu 27.08.09, 22.14 GMT: The USD was weak during the US session, especially vs. the EUR. That also impacted the USD/JPY exchange rate. The US$ dropped to 93.20, just before the Stop-Loss of 93.15. Since, the USD came back to 93.50 forming an other candle with a long lower shadow. Chances for a reversal are there. However, event-risk (J and US data on Fri) and the negative USD momentum are still a considerable risk. For new positions better wait till next week.


Quote:
Originally Posted by trustFX View Post
well, seems I am a contrarian. The hammer pattern formed on the 4hr USD/JPY chart. I went long with a small amount. SL 93.15
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