mad Yens more +100~200 pips.
- #32,183
- Edited 8:48am Dec 2, 2012 4:03am | Edited 8:48am
- | Joined Oct 2011 | Status: Trader | 1,247 Posts
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DislikedIt's amazing isn't I got some very nasty PM's on Tuesday when I was making calls for bullish moves in yen crosses. Funny where there finishing off the week. It still amazes me how many people try to be heros & pick tops & bottoms.Ignored
DislikedWhen lions eat, wildpigs get slaughtered!
I'm so glad that you followed your bullish patterns and I hope I'm not crazy about this big long position :-s, when Asia opens Sunday I will watch it closely because maybe I will take moneyH advice and take the pips before they rot !
Cheers and an awesome weekend to you Sir !Ignored
DislikedHow about taking a bit off and leaving the rest?
I will be looking this week to add on dips.but i will see as Abe seems to be changing his mind
http://www.japantoday.com/category/p...ressure-on-bojIgnored
DislikedIt's amazing isn't I got some very nasty PM's on Tuesday when I was making calls for bullish moves in yen crosses. Funny where there finishing off the week. It still amazes me how many people try to be heros & pick tops & bottoms.Ignored
Dislikedyou got it. When you are going against the grain you are right. Market lives off those ppl who pick tops bottoms. Remember in order to survive you have to let your winners run.. wait for a higher high to be invalidatdIgnored
DislikedI know my friend I've been in this biz over 15yrs & can't tell how many ppl I've seen get blown out fighting the momentum & refusing to accept the direction of the markets. Right now every retailer wants to be the first to get on the ride for the yen crosses to sell off because when they do unwind them it will be heavy, but most fail to realize the market hasn't confirmed it's time for that yet & when it does there will definitely be a second chance to get involved for the move down. Patience is virtue in this biz probably more so than any other....Ignored
DislikedDid you take any profit MisterSpread?
I think we could be due a better pullback maybe around 81 is a good area.
81.67 is the first place for meIgnored
DislikedGood morning brinks, yes Sir I closed 2 trades and made like 8% from my full amountand also opened 1 trade more
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DislikedGood morning brinks, yes Sir I closed 2 trades and made like 8% from my full amountand also opened 1 trade more
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DislikedThats good going
would be nice to have a better pullback this week to get in at a better price then a week of upmove before the electionIgnored
Dislikedhttp://i1356.photobucket.com/albums/...ps95fe193e.jpg
Looks like an interesting area to get long if it makes it down there.Ignored
DislikedI agree DaEdge thats were i'm looking. I dont want to get to bullish before NFP though
Keep telling myself this is a short term uptrend that could turn into a reversal but hasnt confirmed yet.Ignored
DislikedI'm looking to enter a fairly small position basically with a pretty wide stop targeting much higher levels going into the elections. I'm thinking even if NFP is horrible any sell offs will be short lived, I feel the bigger story is JPY elections & the fiscal cliff so I don't feel NFP can change the course of this pair to much.Ignored