The AUDJPY just had a major support broken and then crushed into dust...
--NM
--NM
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DislikedI knew they were very near long term S/R levels but I was not prepared for this, I was hoping they would break the levels, but hoping for them to break in way we could trade it, not expecting them to just fall of the cliff...
--NMIgnored
Dislikedhaha, actually this week I couldn't watch the markets a lot, cause I was quite busy with some other stuff. But I got into the eur/usd trade. not a lot of position size though, since I was not able to watch my position. Entry at: 1.4018 and 2 targets hit 1.3979 and 1.3855. Now waiting for my last target 1.3755, quote]
Almost there!
pipnutIgnored
Disliked
Only 1 pips more before CUSTOS hit final PT...COME On, eur/usd, you know you want to go down...*wink*.Ignored
DislikedAnyone hear any news as to why this happened? Did some bank interject and is now reaping megaprofits from this?
--NMIgnored
Dislikedjust went out to grab a snack and was surprised 2 of my TPs are hit in just an hour. is anyone going to put a buy somewhere?Ignored
DislikedAnyone hear any news as to why this happened? Did some bank interject and is now reaping megaprofits from this?
--NMIgnored
Dislikedvery dangerous to put a counter-trend trade on. I would prefer to get something with the trend...Ignored
DislikedI think it is the perception that USD and JPY are "safe" investments. the sentiment around is really risk aversion. just my guess though.Ignored
DislikedWell, I closed out my trade at +175 pips, I'm a happy camper!
pipnutIgnored
DislikedI know, PIPNUT, but the only good setup i was able to spot was the GBP/JPY. The rest were not good: the cad/jpy wasnt good, the usdjpy, or eurjpy, or nzdjpy, or hardly is the audjpy. dont know about the chf/jpy. The only elegant setup was the GBP/JPY, but unfortunately, we had the GBP MPC and asset purchase nonsense today.
http://www.forexfactory.com/showpost...postcount=2981
Oh well. There will always be another trade. and besides, the retracements of these explosions will give good pickings next week.Ignored