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- sree replied Jul 20, 2021
image Entered short trade at 152.5 - correction due as the monthly chart moves back to 50 ema line. 147 target. Fundamentals - Economic recovery in UK is now question - w/ lockdown and covid 3rd wave ... traders move to safety of JPY.
- sree replied Jul 6, 2021
The g/y is approaching support (S1) at 152. If prices slow down around 152. It is a good long trade all the way to CPP at 153. That is a good 100 pips.
- sree replied Apr 21, 2021
Closed the trade ~200pip profit - 150.5. Looks as though the trend is petering out or just slow.
- sree replied Apr 20, 2021
image So it is showing signs of that downward move finally ...
- sree replied Apr 16, 2021
made the 300 pips on that down trend ~ still more to go to 100ema line. u/j is down - so g/j should follow! g/j just found support at 149.5. MACD is curving and slow stochastics is over-sold, should have a brief bounce back before the down trend ...
- sree replied Mar 29, 2021
Just shorted expecting price reversal to the ema100 line. <stop @152>
- sree commented Jun 21, 2012
Know your VMENDEST V - Volatility (when not to trade) M - Money Management E - Market Emotion (Trend, interventions) N - New Events (Adds Distortions on the chart and changes trends sometimes) D - Direction - which? E - Entry - where? S - Stop ...
- sree commented Apr 11, 2012
it might fall but i dont think it would go that far as they predict etc --- maybe 1.28
- sree commented Mar 23, 2012
hah hahaha makes my day!!
- sree replied Mar 13, 2012
Oh C'mon noww... — Another 70p loss on a pivot trade that was so sure. (not) So waited for a pdr - upon failing that closed the trade. Good call. Could have done the breakout from the other end but too much work - have to admit that breakout ...
- sree replied Mar 11, 2012
more pdr and non farm new upsets — another 40pip loss for all kinds of retractions which were temporary. Need to stay calm and let it pass.
- sree replied Mar 6, 2012
e/j profit — Had hedged euro/jpy to contain damage. The hedge had eated up some 60pip in losses though.... and now finally cost average entry at 108.5 brought the long awaited gain of 200pips (whew)
- sree commented Mar 6, 2012
yen is rising temporily for march against usd repatriations of yen by corporate accounts for march helped me with my eur/yen short - ;-))
- sree commented Feb 29, 2012
whenever there is infusion of cash in anyway by the central bank it means only weakening of currency (it is no-brainer) it can be plain infusion like bank of japan asset purchase or buying dollar etc or qe1, qe whatever by us or fancy ltro by the ...
- sree replied Feb 28, 2012
g/y loss - 80pips — bad pivot trade. got in no mans land. just bad trading - no excuses.
- sree commented Feb 24, 2012
If you are able to hedge(i have a uk a/c even though i live in us- in uk they allow hedging), do so and wait until the daily candlestick changes colour. I am in same situation as you. The important thing to do now is to stay solvent and survive (as ...
- sree commented Feb 23, 2012
free advice anyone: watch eur/yen and eur/usd at some point the daily candle stick colour will change from up(green) to down (red) for both - then the up false rally has officially ended. Get in and short e/y (it pays more than e/u)
- sree replied Feb 22, 2012
g/y loss again - Feb 22 — adv pivot went awry - lost 5pip the breakout went the other way
- sree replied Feb 19, 2012
Feb 17 pdr went bad — lost 40pip pretty bad it could have been worse. This Japanese intervention is throwing everything into ureal mode. Never seen asset purchase program for so long Need to STOP long term trading - stick to daily trades