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Sandeep_Gupta
Oct 6, 2014 10:18 AM

Selling C wave as well as double top Short

U.S. Dollar/Japanese YenFXCM

Description

Sell near 109.260.
Comments
Timing_is_key
Well done Sandeep!
Sandeep_Gupta
Thanks
Sandeep_Gupta
You can hold it for a further target of 106.64 with trailing stop loss. The next target can be 105.73.
IvanLabrie
I'm holding, covered some at 107.67, now running for 106.2 :)
tompower2
was too volatile for me, but it looks like you made a great call
Sandeep_Gupta
The target is hit.
dojitrader
Congrats !!!!! for the good profits ~~~~~
The triangle idea died on the 8th BUT, since then
I have no idea what to think of price action since.
IvanLabrie
Corrective flat under way, then a lot of sideways noise :p Sandeep is great at EW, he should answer. I'm still shorting this pair, but wouldn't dare to make an EW analysis of the price action.
EWS
Good job Sandeep and congrats!

I'm sorry if you or other got me wrong. My post was just my opinion on the EW count and the flat has worked out well. I'm still looking for a rally soon, but you target towards 106.68 can't be ruled out, so using trailing stops is a good solution to Lock in profits when prices starts to move higher again.
Sandeep_Gupta
No need to be sorry bro, this is trading and every thing is possible, I took you opinions with open mind. Welcome.
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