Should I BUY or should I SELL

[TB2I]

If you draw a retracement 2554 to 2728 you will see that it has reached 76.4 Fib retracemnet at 2688

[rezo_s]

Originally Posted by TB2I

If you draw a retracement 2554 to 2728 you will see that it has reached 76.4 Fib retracemnet at 2688

good one Victor. No really? was there a reason?

what about E/J? seems like finally moving towards its lower range more agressively today. Do you guys thing it may have some potential there? I tried shorting it in the middle of the month around 135.70 was closed for b/e. afterwards it went up n down.

I am considering an entry on break of 134.70. What you think?

[TB2I]

Actually I am about to get a signal to go Long on EUR/JPY

The best solution in my oppinion is to go long at around 134.95 with the SAR at 134.40

[Billy Lee]

Hi

New to fx trading my first posting...

holding long on 7K usd/cad 1.2639 SL : 1.2650 TP: open - hope is another good friday upward

any suggestion on when to exist tomorrow...

[rezo_s]

Hi Billy

welcome to MT.

I dont think there is a good exit that I can advise you for tomorrow. My stop is at breakeven (2640) I see your stop locks in several pips. I cannot tell you when to exit but I will tell you what I am going to do:

I am holding it open. If it gets stopped out - no harm done. If it goes up - then it will probably keep on going through next week - thus no reason to exit tomorrow.

good luck!

[TB2I]

In case it goes north I would recommend to exit at 2850 reverse at the same time.

[rezo_s]

yes 2850 is the target we all saw very clear.. but I doubt we will see a move like that tomorrow...

[rezo_s]

Originally Posted by Billy Lee

Hi

New to fx trading my first posting...

holding long on 7K usd/cad 1.2639 SL : 1.2650 TP: open - hope is another good friday upward

any suggestion on when to exist tomorrow...

you can read more the begining of this thread (in case you didnt). You will find charts on target so on...