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  • #221
  • Dec 19, 2012 2:35pm Dec 19, 2012 2:35pm
Aviz any idea what could be the pullback price/pips. I have couple of opened sell orders which i would like to close.

Quoting aviz12
I wouldnt see a major reversal.
But a slow pullback, and than Buy in Dips, for further Rise..

We have BOJ to ease Further
ABE to become Prime Minister on Dec 26th

Lots of potential fundamental points indicating further YEN weakness down the road.

My 1-3 months target is 125 levels for E/J.

I am just adding and adding in Every Dip.. Booking in Profits, keeping some for longer term period..
  • #222
  • Dec 19, 2012 2:48pm Dec 19, 2012 2:48pm
Quoting aviz12
I wouldnt see a major reversal.
But a slow pullback, and than Buy in Dips, for further Rise..

We have BOJ to ease Further
ABE to become Prime Minister on Dec 26th

Lots of potential fundamental points indicating further YEN weakness down the road.

My 1-3 months target is 125 levels for E/J.

I am just adding and adding in Every Dip.. Booking in Profits, keeping some for longer term period..
Easing could start as early as tonight depending on how aggressive Abe wants to be.
It works till it doesn't
  • #223
  • Dec 19, 2012 4:15pm Dec 19, 2012 4:15pm
aaahhhhh
  • #224
  • Dec 19, 2012 4:51pm Dec 19, 2012 4:51pm
I am fortunate price did come down and i had closed my sell positions

Thanks anyways

Quoting ssaqeel
Aviz any idea what could be the pullback price/pips. I have couple of opened sell orders which i would like to close.
  • #225
  • Dec 19, 2012 4:51pm Dec 19, 2012 4:51pm
Quoting DaEdge
Easing could start as early as tonight depending on how aggressive Abe wants to be.
Pretty aggressive shake out of the longs here.
It works till it doesn't
  • #226
  • Dec 19, 2012 4:54pm Dec 19, 2012 4:54pm
So True , i did not expect it could go down so fast and you were right easing could start soon.

Quoting DaEdge
Pretty aggressive shake out of the longs here.
  • #227
  • Edited 9:58pm Dec 19, 2012 5:04pm | Edited 9:58pm
Quoting ssaqeel
So True , i did not expect it could go down so fast and you were right easing could start soon.
I'm guessing Abe will announce it tonight. I think this recent selloff is a bit of profit taking & some reaction to white comments about fiscal cliff negotiations regressing mixed with a little stop hunting to shake the weak longs. Lately is all political headwinds that move the markets. Regardless I've had a great run in most of these yen crosses & I have just tightened up my stops to be safe in case ABE balks on easing so soon.
It works till it doesn't
  • #228
  • Dec 21, 2012 11:04am Dec 21, 2012 11:04am
Buying in Dips further at 110.20 - 110.70 range.. Tight stops.
Was expecting dip to occur next week.
Looks like we have a dip before christmas..
Next week and January looks potential for further JPY weakness..
Target was 114/115 range, it looks after this correction, plan is to move solid high..
Any Down move, is surely a time to fill your baskets.. with tight stops.
Classical chart patterns of currencies from 15+ Year Pro Trader
  • #229
  • Dec 21, 2012 12:09pm Dec 21, 2012 12:09pm
Quoting aviz12
Buying in Dips further at 110.20 - 110.70 range.. Tight stops.
Was expecting dip to occur next week.
Looks like we have a dip before christmas..
Next week and January looks potential for further JPY weakness..
Target was 114/115 range, it looks after this correction, plan is to move solid high..
Any Down move, is surely a time to fill your baskets.. with tight stops.
Couldn't agree more. If I'm not mistaken Abe is supposed to speak on December 26th as well.
It works till it doesn't
  • #230
  • Dec 21, 2012 1:08pm Dec 21, 2012 1:08pm
Quoting DaEdge
Couldn't agree more. If I'm not mistaken Abe is supposed to speak on December 26th as well.
Yes and we have a Falling Wedge, which is normally Bullish.. all kind of supportive for bullish run.
and yes 26th Dec Will be elected Prime Minister..
We had a nice correction on JPY pairs today.
I am quite of a bullish 114-115 range target will be lovely..
Classical chart patterns of currencies from 15+ Year Pro Trader
  • #231
  • Dec 21, 2012 2:07pm Dec 21, 2012 2:07pm
Quoting aviz12
Yes and we have a Falling Wedge, which is normally Bullish.. all kind of supportive for bullish run.
and yes 26th Dec Will be elected Prime Minister..
We had a nice correction on JPY pairs today.
I am quite of a bullish 114-115 range target will be lovely..
It works till it doesn't
  • #232
  • Dec 23, 2012 4:13pm Dec 23, 2012 4:13pm
Eur/jpy weekly pinbar................... what next......selling and sl set on candle high.........thanks.
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  • #233
  • Dec 24, 2012 12:00am Dec 24, 2012 12:00am
Quoting avijitpyne
Eur/jpy weekly pinbar................... what next......selling and sl set on candle high.........thanks.
...and the goood news is....
111.18 , it will start falling any minute.
I'll shop after the drop
  • #234
  • Dec 24, 2012 3:24am Dec 24, 2012 3:24am
115 zone soon
Classical chart patterns of currencies from 15+ Year Pro Trader
  • #235
  • Dec 24, 2012 11:28am Dec 24, 2012 11:28am
Quoting aviz12
115 zone soon
again short @ 112 where the hell is this going, it's just vertical
I'll shop after the drop
  • #236
  • Dec 24, 2012 12:16pm Dec 24, 2012 12:16pm
Quoting Willow
again short @ 112 where the hell is this going, it's just vertical
Good Luck with your shorts..
I am huge Long... in any dip.. i am buying huge.
I know this will go 115 and 125 in 1-3 mnths period.
Classical chart patterns of currencies from 15+ Year Pro Trader
  • #237
  • Dec 24, 2012 12:22pm Dec 24, 2012 12:22pm
Quoting aviz12
Good Luck with your shorts..
I am huge Long... in any dip.. i am buying huge.
I know this will go 115 and 125 in 1-3 mnths period.
115 at least i know, but what i'm chasing it's 1% downside, so that's 111. Japan had some disasters recently; the yen could not react just as i thought, but if it does, i don't know...
this could be a good time to sell, for you. I'm sure it will go to 110 again before major move to 115+.
I'll shop after the drop
  • #238
  • Dec 24, 2012 2:34pm Dec 24, 2012 2:34pm
Quoting Willow
115 at least i know, but what i'm chasing it's 1% downside, so that's 111. Japan had some disasters recently; the yen could not react just as i thought, but if it does, i don't know...
this could be a good time to sell, for you. I'm sure it will go to 110 again before major move to 115+.
Not to sure about that Abe takes his post tomorrow & he has already said he'll make changes in BOJ if there not willing to follow his gameplan, LDP his party has the majority of seats. Seems like your trying to call his bluff by shorting these yen crosses I don't see that as a wise decision. Picking tops & bottoms is a great way to blow an account. Definitely safer to be long & adjust your stop accordingly. I started buying this at 106.00 & I don't see any reason to stop buying on the dips.
It works till it doesn't
  • #239
  • Dec 26, 2012 3:12am Dec 26, 2012 3:12am
Merry X - Mas and a happy new year for everyone. Took a long on Monday and currently up 130+ pips. Expecting bull run further till year end.
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  • #240
  • Dec 26, 2012 3:13am Dec 26, 2012 3:13am
Quoting aviz12
115 zone soon
looking for it
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