Comments on: It’s hip to be square https://fxww.com/its-hip-to-be-square/ The Professional Source Tue, 15 Oct 2013 06:39:10 +0000 hourly 1 By: araz https://fxww.com/its-hip-to-be-square/#comment-30629 Tue, 15 Oct 2013 06:39:10 +0000 http://381c099c8f.nxcli.net/?p=10839#comment-30629 hi there,dont you think 133.83 is powerful enough to form a top ? i think the daily close for the current day will be bearish,just in my opinion,they are in good area to retrace,at least for d1,cj/ej/uj/aj. anyway i ruined with these trades.my sell trade is from 132.14 and there are 4 more trades on jpy pairs.

]]> By: Sean Lee https://fxww.com/its-hip-to-be-square/#comment-30612 Mon, 14 Oct 2013 21:45:21 +0000 http://381c099c8f.nxcli.net/?p=10839#comment-30612 Morning Abdullah, not really sure what can/will happen today. Just like yesterday probably, nothing will happen until after event risk

]]> By: Sean Lee https://fxww.com/its-hip-to-be-square/#comment-30611 Mon, 14 Oct 2013 21:43:58 +0000 http://381c099c8f.nxcli.net/?p=10839#comment-30611 yes Rhona, dbl-top puts top in place, mkt goes down. Vice-versa for dbl-bottom

]]> By: rhona https://fxww.com/its-hip-to-be-square/#comment-30610 Mon, 14 Oct 2013 21:35:24 +0000 http://381c099c8f.nxcli.net/?p=10839#comment-30610 ouch!

A double top usually carries de trade way down?

]]> By: Abdullah Hussain https://fxww.com/its-hip-to-be-square/#comment-30609 Mon, 14 Oct 2013 21:33:23 +0000 http://381c099c8f.nxcli.net/?p=10839#comment-30609 Morning Sean, i think your right, actually i know your right, I should close all my trades! Especially since their usd/jpy nd we all know this puppy easily moves 100pips on regular news, imagine a resolution, or a default, dont eant to even think about the havoc my account can suffer if im on the wrong side! Never was really into gambling anyways! The US apparently has pushed the meets til tomorrow, and that really means we’ll leave a decision till the last minute, as everyone is trying to get a resolution in their parties favor. But Sean I wanted to ask ou two things, can we rally to 99 today? Yes we are close, but with todays 3 pm meeting being moved to tuesday, and the being so close to the deadline, will asia and europe not feel worried? And if there is a default will we drop 2% maybein a few days or hours?

]]> By: Sean Lee https://fxww.com/its-hip-to-be-square/#comment-30608 Mon, 14 Oct 2013 21:24:10 +0000 http://381c099c8f.nxcli.net/?p=10839#comment-30608 No Rhona, no dbl-top in USD/JPY on s/t charts. Here’s an example of a dbl-bottom at 14830 in cable with neckline at 15750 (https://www.tradingview.com/x/4ZL97Lv9/). Prices should stay above neckline once it breaks.
Unfortunately I traded this eurjpy badly, lack of commitment; sold on average at 13275 and stopped at 13360 🙁

]]> By: Rhona https://fxww.com/its-hip-to-be-square/#comment-30607 Mon, 14 Oct 2013 21:16:16 +0000 http://381c099c8f.nxcli.net/?p=10839#comment-30607 GoodMorn.. to u Sean!
Please can u tell me if u/j 1h chart is showing a double top ..and what does it mean? 🙂

Hope u were able to get out at the 132.90 level in ur E/J…
Have a great day!

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