Another day passes - former resistance still holds as support
Red line 4hr 400sma
Red line 4hr 400sma
USD/JPY Discussion 7 replies
NZD/JPY Discussion 12 replies
long eur/jpy, gbp/jpy, usd/jpy 11 replies
EUR/USD Bollinger Band Discussion 3 replies
Suidster's GBP/JPY Discussion 19 replies
DislikedPersonnally, I put some pending buy orders around 75 pips above current price on USD/JPY and GBP/JPY, with a SL of 10 and TL of 10 .. (I do update them couple of times during the day to keep them at a fair distance to the current price)
GammaIgnored
Disliked... just do be very very cautious and aware that there can be false (speculative, bid reaching) spikes that can last a few seconds, meaning, on a buy stop you have placed there, you can get a terrible fill, and then a terrible exit, meaning a possible loss - these are part of the games that the market plays before the prospect of an intervention and afterwards. The charts around and especially after confirmed interventions have many of these.Ignored
Disliked... just do be very very cautious and aware that there can be false (speculative, bid reaching) spikes that can last a few seconds, meaning, on a buy stop you have placed there, you can get a terrible fill, and then a terrible exit, meaning a possible loss - these are part of the games that the market plays before the prospect of an intervention and afterwards. The charts around and especially after confirmed interventions have many of these.Ignored
DislikedShorted this pair @ 76.95 SL 20 pips TP 76.20.
Setup base on triangle breakout.Ignored