I am still short USDJPY. I just added to shorts at the peak of today's big bullish candle. SL still at over 110s. I see someone asked me some days ago if I think it's time to lower SL. No, not yet. If you find a 200 or 300pip SL scary that's because ...

USD/JPY Discussion

Well I am still short from 89s as posted earlier. Still betting on the last bullish hammer being a bulls trap. SL lowered to 89 now. I added to my shorts somewhat yesterday as the price was rising so I am exposed to losses on this last part of my ...

EURGBP

Hello. I am still long Cable and have been adding to my long position over the past days. I just added to it again today as we near US market close. When in an uptrend, look for scary bearish daily candles and add just as they close (or as the next ...

Cable Update (GBPUSD)

Good morning. Still short USD/JPY. Added some more to shorts 3 days ago. SL stll above 110

USD/JPY Discussion

Good morning. Still long Cable. I raised my SL on my first entry, but only by a bit, enough to be break-even on that entry. I added a bit to my longs, increasing my gross exposure by 30%. I am not yet prepared to raise the SL more. Prefer to give ...

Cable Update (GBPUSD)

Still short EUR/GBP. After this pin daily candle formed 2 days ago, I feel a bit more confident of further downside. A lot of people will probably rush to buy here, thinking it's a reversal candle off a well-defined channel bottom. And they will ...

EURGBP

Good afternoon from a sunny London. I'm still long Cable. SL still at just below my entry level. If the market doesn't reverse and gives us another long bullish daily candle, I will move SL to exactly break-even. Also still short U/JPY, EUR/GBP

Cable Update (GBPUSD)

Yes, USD/JPY shows the way here, and it's suggesting this may not yet be the time to long GBP. If U/JPY continues to range, we may get a repeat of the second half of October 2017-early Nov 2017 pattern in GBP. Still, it doesn't change the bullish ...

Cable Update (GBPUSD)

This LT view I posted on Feb 15th still stands. I added to my shorts 2 weeks ago as the price moved a bit higher. SL still high above them, near the top of what I described as the peak of the big 2-leg move up. We have not yet moved south enough for ...

EURGBP

Hello Cable traders. I have been waiting for opportunity to re-enter long Cable but it took several days of waiting. Finally, I got a tradeable set-up on March 9th. Been long since then. Today's large bullish move allows me to move my SL to near ...

Cable Update (GBPUSD)

The long-term image I described in the above post last month is still in play, imo. However, since the middle of last month when I last posted here, the price has just been ranging, so it has not yet created enough space for me to move stops below ...

USD/JPY Discussion

108 is quite possible as a retracement target. The pair has quite a way to go South yet, but this doesn't mean it can't whipsaw a couple hundred pips for the next month

USD/JPY Discussion

IMO it's not yet time to go long USD/JPY. The bottom of the bullish weekly candle of Nov 6, 2016, is a big target that is likely to be taken out (circled) Similar situation with GBP/USD but in that case the target is on the long side Imagine how ...

USD/JPY Discussion

Hello. My long term view on EUR/GBP, in which I am currently short: After the 2-leg move up (yellow on chart) I expect the pair to correct over the next few months. My 1st target is around 0.78, roughly the middle of the congestion area of the 1st ...

EURGBP

So finally I closed all my Brent crude longs two weeks ago at 68.50 Since back in September 2017 I had posted multiple buy entry points as the price kept rising, with my first post, quoted above, made on Sept 6th when the price was around 50, ...

Oil and Natural Gas

Hello Cable traders! I hope many of you are riding the GBP bull which, I know, makes little fundamental sense atm but hey, it's there and looks like it will stay until it takes the highs of the Brexit spike bar. I am still GBP long. But I have ...

Cable Update (GBPUSD)

hello lonely USDCAD thread. Update on my UCAD shorts posted above. 4-hour chart posted for better view Overall, I remain short I was able to grab a few extra pips last week, before re-establishing some shorts. But as I am not a day trader, I am ...

USD/CAD

well, I am back long Brent Crude. LOL, that didn't take long, did it. So I have started buying it again yesterday just under 57 and bought heavier at 55.96 at the end of the day. Looking to , well, BUY more! Which means I expect further USD ...

Oil and Natural Gas

Hello. Update on Cable: on 28 September I exited my tentative cable longs at around same price I had entered (small loss on one, b/e on the other - these are the orange triangles seen on my chart, for those who don't know Oanda's platform), as I ...

Cable Update (GBPUSD)

Hello EUR fans! I have kept buying EUR/USD, although the price is now approaching my stops which I have placed just below the lows of the range /flag shown in blue. I often place stops below a past range of several days, or sometimes just below the ...

EURUSD only