Leaders don't do different things, but they do the same things differently.
-
Who Are Still Long USD/JPY & Where Are Their Targets & Stops
The ongoing move higher in USD/JPY triggered the targets on a round of long tactical positions by some banks. 101.50 was mainly the target for these positions with Credit Suisse for example booking 150 pips on its long position from 100 and Commezrbank booking 138 pips on its long position from 100.12. The 2 trades were technical tactical plays following the pair break of 100 around the mid of this month. The next major target for long positions, as indicated by our proprietary eFX+ app, is 103 where Morgan Stanley maintains a long from 99.30 in its short-term macro portfolio with a revised stop at 100.40, then ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Nov 24, 2013 11:17pm Nov 24, 2013 11:17pm
- 111ForexGuru
- | Commercial Member | Joined Nov 2013 | 259 Comments
- Comment #2
- Quote
- Nov 24, 2013 11:44pm Nov 24, 2013 11:44pm
- skenobi
- Joined Oct 2007 | Status: Former institutional dogsbody | 183 Comments
I'm not trying to convince anyone. I'm not in the "convincing" business.
- Comment #3
- Quote
- Nov 24, 2013 11:48pm Nov 24, 2013 11:48pm
- Chubbly
- | Joined May 2013 | Status: Member | 20 Comments
- Comment #4
- Quote
- Nov 25, 2013 2:15am Nov 25, 2013 2:15am
- FX Bunte
- | Joined Nov 2011 | Status: FX Bunte | 60 Comments