heheheh, long since 248, added down until 241 : . Building a nice long block Took some quick shorts this morning in both AUDJPY and GBPJPY for some 80 pips. Thanks "A", thanks to you I regained confidence to short this monster. Right now ...

I'm with you, see you at 286

Scalped a nice 200 pips on GBPJPY shorts today after the break of the beforementioned trendline. I'm getting more confident shorting this monster now. Buy limits got hit today, the long boat is slowly filling up. looks like we're heading ...

tje, I was trying to catch up with the thread, but with 25 pages I gave up. Attached the daily chart I'm looking at. I see trendlines coming together at 246.40. Notice the similarity with the 6-8 bullrun. I'm looking for a bounce of the trendlines ...

Get a life What do you need the money for if you don't take the time to spend it? I really appreciate you sharing your insights

We'll see but I agree it is important now to indicate further direction for the carries. Good carry news today: Aussie inflation higher than expected and NZ raising rates again, but that will be overshadowed with worries that subprime defaults are ...

Nice, used to go to mission bay a lot when we where in NZ

That is always an option to cope with the drawdown, but be sure that you approach it as an individual trade supported with proper techies/fundies. Personally, I'll start looking for a hedge araound 30% drawdown. That corresponds ussualy to some ...

buy limit @ 247.8 was filled, next at 245.6

Still long and adding, slow but steady. I can see 245 this week too, but no sweat. This beast has surprised many shorts before when blasting north again. Anyway, I scalped a few pips (50) short on this move, although it is really rare for me to ...

That's the beauty of all those fancy indicators, they can tell you anything you'd like to see. Just pick the one that agrees with your view Still long from 248.80 and 249.25 stop order got filled too. Bring it on, 252, 245 or 237 this week, I ...

nothing to add.......

Buy limit at 248.80 was filled overnight, second limit at 247.6, no stops. I'll keep adding longs on the way down with a 200 pips between. USDJPY still holds above 120.90 so I'm still not seeing a major correction happening untill that breaks. But ...

Wow, only 300 - 500 pips margin, that is way overleveraged to my taste. A typical correction on this pair is 600 pips and 1000+ pips is not uncommon, it happens at least once a year. So with that kind of leverage you don't have much error margin.... ...

I tried their demo and the commentary is there btu I'm having trouble finding a link to a site. Perhaps a greater mind can have a look at it

Closed all my longs ar 250 for a small overall profit. Closed out all my aussie/yen positions as well for a very good profit. Let mr. Yen run it's course and I'll be buying again when around the bottom. Good week, my balance is happy and I'm ...

Price is now at the trendline I mentioned before. Have to wait 3 hour to get a H4 close below though. Let's see how it palys out, will it bounce or just plummet through.

The last 2 years GBPJPY has been going up in august. Actually, in 2007, august was the best month for the longs. But the 6 years before that august was always down, so there is a seasonal effect. But consider this: Due to holidays, liquidity drops ...

I know and that's not what I said. I'm looking at the data in a larger picture, I couldn't care less about the immediate reaction other than it could provide a better entry price for another long. So some times I use it to time entries and to ...

I think I have to dissagree with that one. Manufacturing has been surprisingly resilient regardsless of sterling strength and services, which make of to largest partion of the UK economy, haven't shown much weakness either. So I don't expect a weak ...