Comments on: Cheap trade of the day https://fxww.com/cheap-trade-of-the-day/ The Professional Source Tue, 23 Oct 2012 04:46:49 +0000 hourly 1 By: Iridium https://fxww.com/cheap-trade-of-the-day/#comment-2167 Tue, 23 Oct 2012 04:46:49 +0000 http://fxww.dreamhosters.com/?p=1708#comment-2167 I didn’t. USDJPY gets me nuts because of its extremely slow movement…This is why I almost never trade it. But it looks natural for JPY to go test again the 80 barrier, with at some point a breakout.

]]> By: Mika Hakkinen https://fxww.com/cheap-trade-of-the-day/#comment-2156 Tue, 23 Oct 2012 03:28:39 +0000 http://fxww.dreamhosters.com/?p=1708#comment-2156 In reply to Jones.

It’s not based on volume spread analysis.

]]> By: Jones https://fxww.com/cheap-trade-of-the-day/#comment-2154 Tue, 23 Oct 2012 03:11:58 +0000 http://fxww.dreamhosters.com/?p=1708#comment-2154 In reply to Mika Hakkinen.

Nice trade. Is this based on VSA?

]]> By: Jones https://fxww.com/cheap-trade-of-the-day/#comment-2153 Tue, 23 Oct 2012 03:03:34 +0000 http://fxww.dreamhosters.com/?p=1708#comment-2153 In reply to Sean Lee.

Ahh, the Guru, yes I like the Guru.

]]> By: Mika Hakkinen https://fxww.com/cheap-trade-of-the-day/#comment-2152 Tue, 23 Oct 2012 03:00:37 +0000 http://fxww.dreamhosters.com/?p=1708#comment-2152 I got the sell signal and entered order manually.

]]> By: Sean Lee https://fxww.com/cheap-trade-of-the-day/#comment-2151 Tue, 23 Oct 2012 02:57:27 +0000 http://fxww.dreamhosters.com/?p=1708#comment-2151 Thanks Mika, was that an automated sell signal?

]]> By: Sean Lee https://fxww.com/cheap-trade-of-the-day/#comment-2150 Tue, 23 Oct 2012 02:57:03 +0000 http://fxww.dreamhosters.com/?p=1708#comment-2150 Did you get set Iridium??

]]> By: Mika Hakkinen https://fxww.com/cheap-trade-of-the-day/#comment-2148 Tue, 23 Oct 2012 02:51:16 +0000 http://fxww.dreamhosters.com/?p=1708#comment-2148 http://i50.tinypic.com/zohkp0.png

]]> By: Mike https://fxww.com/cheap-trade-of-the-day/#comment-2146 Tue, 23 Oct 2012 02:42:38 +0000 http://fxww.dreamhosters.com/?p=1708#comment-2146 lol

]]> By: Rahul https://fxww.com/cheap-trade-of-the-day/#comment-2145 Tue, 23 Oct 2012 02:42:33 +0000 http://fxww.dreamhosters.com/?p=1708#comment-2145 Yes sean, Id like to believe 1.0280 will have some really solid bids.Not only is it the above mentioned 50% retracement, it was also the last period of congestion through which the aussie broke out on the 16th. Id be looking to buy around that area.But not really sure about a target as yet.50 pips sounds about right though.Maybe a retest of a higher time frame moving possibly.

]]> By: Sean Lee https://fxww.com/cheap-trade-of-the-day/#comment-2144 Tue, 23 Oct 2012 02:41:45 +0000 http://fxww.dreamhosters.com/?p=1708#comment-2144 Now that is a cheap trade Iridium, I’ll have to watch that closely. I’ve hardly ever seen a 5-pip stop before. You must be on the .2pip interbank pricing??

]]> By: Iridium https://fxww.com/cheap-trade-of-the-day/#comment-2142 Tue, 23 Oct 2012 02:32:44 +0000 http://fxww.dreamhosters.com/?p=1708#comment-2142 Good morning Sean,

For me the cheap trade is buy USDJPY @ 79.8 SL 79.75, Target 80.40. I am certain that either the USDJPY or EURJPY will go test their weekly trendline resistance…but AUDUSD is more exciting!

]]> By: Sean Lee https://fxww.com/cheap-trade-of-the-day/#comment-2141 Tue, 23 Oct 2012 02:31:01 +0000 http://fxww.dreamhosters.com/?p=1708#comment-2141 Hard to believe for an ex-cable trader to have more than 1 friend 🙂 No this guy wouldn’t know where to start with the P&F chart- that was the Guru who I’m going to have to try and coax back into the limelight 🙂

]]> By: Jones https://fxww.com/cheap-trade-of-the-day/#comment-2140 Tue, 23 Oct 2012 02:28:20 +0000 http://fxww.dreamhosters.com/?p=1708#comment-2140 I remember your friend, the one who uses P&F charts and only traded AUD and NZD until one day he tried EUR/USD?

]]> By: Sean Lee https://fxww.com/cheap-trade-of-the-day/#comment-2139 Tue, 23 Oct 2012 02:24:58 +0000 http://fxww.dreamhosters.com/?p=1708#comment-2139 Hi Vivien, this guy is the least technical person I know, couldn’t give a stuff about Fibos, trendlines, MAs etc. He trades entirely off mkt info and feel, so I’m guessing the bids at 10280 are solid? That said, orders are cancelled all the time so that’s why we wait and see if level holds first to confirm that buyers are actually really there.

]]> By: Vivien https://fxww.com/cheap-trade-of-the-day/#comment-2137 Tue, 23 Oct 2012 02:21:48 +0000 http://fxww.dreamhosters.com/?p=1708#comment-2137 Hi Sean, that’ 50% fib retrace of 10149low – 10411 high. If it starts to tumble hard to stop.

]]> By: Sean Lee https://fxww.com/cheap-trade-of-the-day/#comment-2133 Tue, 23 Oct 2012 02:10:58 +0000 http://fxww.dreamhosters.com/?p=1708#comment-2133 I presume you mean short-term Szabi? I have very minor bearish-bias, only because I think the market will test reported stops below 13000 because that’s what the market does. So mild bias towards selling rallies but only for 100 pip dip

]]> By: Szabi https://fxww.com/cheap-trade-of-the-day/#comment-2132 Tue, 23 Oct 2012 02:08:23 +0000 http://fxww.dreamhosters.com/?p=1708#comment-2132 Sean, what’s your take on eur-usd? Thanks!

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