DislikedI'm long but not happy to be going in heavy at these price levels maybe on a break of the high I will addIgnored
It works till it doesn't
USD/JPY Discussion 7 replies
NZD/JPY Discussion 12 replies
long eur/jpy, gbp/jpy, usd/jpy 11 replies
EUR/USD Bollinger Band Discussion 3 replies
Suidster's GBP/JPY Discussion 19 replies
DislikedI'm long but not happy to be going in heavy at these price levels maybe on a break of the high I will addIgnored
DislikedProbably gonna be a slow one waiting on EU news. Hours of boredom for seconds of excitement.Ignored
DislikedIt's funny isn't it I'm reading everywhere that the upside is nearly done in this pair.
I do think there could be a big sell the fact after the boj meeting.Ignored
DislikedIt seems to me like we're already stretching the upside, and IMO could see a reversal anywhere from 88.40 - 89.50.
Trade safe.Ignored
DislikedThe same thing has been said every night for the last two months now.Ignored
DislikedIt's funny isn't it I'm reading everywhere that the upside is nearly done in this pair.
I do think there could be a big sell the fact after the boj meeting.Ignored
DislikedYou mean to say people have been forecasting a reversal at this price range, or simply forecasting a reversal for the past 2 months?Ignored
Dislikedlovely, so many traders moved to usjy thread.
that going to be the place to be in '13.Ignored
Dislikedi think strong resistance from last Fri & this Sun @ 88.40 will be converted to support first. then bear trapping will continue.Ignored
Dislikedif it doesn't immed break out above 88.40, think i'll sell and wait since price may rattle around btwn 20/40 for a while.Ignored
DislikedGood luck, if it doesn't break out above 88.40, price may rattle down much lower than 20/40.
Anyway trade safe
Personally, I've got sell orders at 88.40-.50... 89.50 and one more around 91.50.Ignored
Dislikedmy thinking is that there are a great many shorts trapped (as would be expected from the repeated application of price floors that you see here... classic and not that commonplace ...add stories floating about that give false hope of a reversal) and it's unlikely the prey will be allowed to escape unharmed. so i'd be surprised by a real pull-back of any sort
what is your reason to believe price could fall significantly?Ignored
DislikedYup... you're definitely right in the sense that there's always short/long traps as price gets stretched and when the general expectation is a reversal. ....... these into consideration, is how I've come up with my shorting strategy.
Of course, then there's also a backup plan of "What if" price continues north without a significant retracement.Ignored