short TP1 136.4 TP2 135.5 SL 138.3
hopefully this won't become the nightmare before christmas
hopefully this won't become the nightmare before christmas
GBP/AUD, GBP/CAD, GBP/CHF and GBP/NZD thread 126 replies
Auslanco - GBP/JPY and GBP/USD (newstrade) 235,578 replies
long eur/jpy, gbp/jpy, usd/jpy 11 replies
GBP/USD, GBP/JPY trading, my journey 34 replies
Gbp/jpy = Gbp/usd X Usd/jpy ?? 5 replies
DislikedMaybe next week or tommorow at earliest we both make good money
BTW, isn't it nice to make money by just making such bold predictions?
http://blogs.marketwatch.com/thetell...-by-saxo-bank/
USD/JPY = 60
EUR/CHF = .95Ignored
DislikedGuys.
Whoever you are Short!
Do you read the Charts ?
Look at Past few weeks, whenever we are in Over Bought Conditions.. Do we drop like 200-300 pips ?
We just pullback around 60-80 or max 100 pips.. and trade in range for few days, and than Pump Again upside.
Since many years YEN Has been strengthening crazily!!
Abe Wants YEN to weaken now
BOJ Looks to ease further more, They met today, tomorrow is 2nd day meeting of them
26th Dec Abe would become Prime Minister...
Thanks.
P.S. but someone has to be "Short", or else how the "Long" traders...Ignored
DislikedI was told almost the same thing when E/U was around 1.21 and how stupid I was to go long and E/U has no fundamental and technical reasons whatsoever to turn upside then 1.19 was inevitable blah blah and when I gave up and went short that's the bottom I got I have SL anyway so not big deal even if it gets hit.Ignored
DislikedIf you trade whenever you read or listen to someone, Sorry my friend, but thats not trading!
You should trade only when you know whats happening in the market..
No one knows about future.
Just follow the trend, you should even know when to exit the position sooner..
I am saying 139/140 for G/J i maybe wrong, but thats what charts tell me..
But i know if G/J falls to 111.. I know something is happening, maybe a retrace, or are we going for a huge dip.. I would than check the charts and study..
But as Fundamentals Support, Technicals support, Currently...Ignored
DislikedThat's why now I'm not listening to you and stick with my short. Even if it got SL it's not that I am completely out of market so don't tempt me to go long!
BTW I wouldn't expect G/J to fall 111. just 135-136 for now.Ignored
DislikedExpecting one more HH, probably a test of 138 area and then a change in the uptrend angle to enter in the empty rectangle zone.Ignored
DislikedI cut a decent amount of my remaining longs in these yen crosses around 8pm est & I'm not sure it was the right move. I'm temped to add into these trades but I don't want to be glued to the screens till year end. I still have a good amount of exposure on & the last 3 weeks has been amazing. Just thinking out loud folks don't mind me. Although I do find these levels interesting to buy more with the expectation the fiscal cliff will be resolved sooner than later, I can't commit the time required to properly manage a large position so I'm going to...Ignored
DislikedAlways glad to read your opinions DaEdge. It's hard to decide when to be out after this ride but I'm still holding my longs for some more time. The uptrend should decelerate now but I think we still have to see Higher Highs.
Seems we're on track, I'll be watching carefully yesterday's high zone.Ignored