Comment by Jim Mathis on January 11, 2013 at 4:17am

1107pm:

Stops to BE nothing to get excited unless clears (IF) the previous highs of course,

Like to get some distance on This before midnight,

of course I would just as soon sell a failure, so thats mute,

Time for coffee at any rate. 

aj nj seem stronger, or maybe I am just tired, hehe, cj consolidation box. chf jpy closed +18, will revisit if things get moving.

Not sure if Asia has the juice to get USDJPY over 89.40.

Hope you are well

Comment by Jason on January 11, 2013 at 4:29am

Thanks jim.
Great insight on the crosses.for
Managed to follow you and took some pips.
Thanks for your great insights and looking forward to more of your views.
I have ths feeling euro jpy may just break higher later. Not sure what you think

Comment by Jim Mathis on January 11, 2013 at 4:56am

Been a long way it is the end of the week and yes I do believe much higher is possible, but from here?, timing is key, all we can do is wait plot and once price confirms act.

Best of luck to you Jason.

I trade asia and will endeavor to make posts in the us evenings, maybe we can get some of the more experienced guys to chime in.Then you will really see something.

Not sure if you saw Romano's jpy post earlier he has a lil more experience and some solid longer term views on jpy, pixta, genx, and sir gissachance. Lately rocky master been doing it us times.

Glad you like the posts, just please make sure a trade makes sense to you, prove it to yourself before you take it I am often mistaken and am most likely one of the least experienced you see posting here.

coffee time

have a great day

Comment by Jim Mathis on January 11, 2013 at 5:10am

Sweet coffee down and Kicklighter posted a video.

http://www.dailyfx.com/forex/video/daily_news_report/2013/01/11/For...

Comment by Jim Mathis on January 11, 2013 at 6:01am

1255am est.

Got to love John Kicklighters view.

Not sure if we have time to run up before folks start taking profits.

have an hour or so to sydney close and golden hour, then 4am Tokyo closes hmm.

not sure if I will make it to London.

I guess it doesn't hurt to dream.

So Fib extensions above and below, retracement levels in between and some pivots.

I have moved my stops closer and will continue to do so.

Unless this shows me something special I will be closed before London to then reset if I am awake.

Over 400 pips last 36 hours not sure EJ GJ going anywhere fast, but maybe if people take profits ...just have to see.

In case I crash thanks to all who posted this week been very great to me and have a great weekend.

Good luck to us all.

 

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