Basket of 5 jpy currencies (EJ, GJ, CADJPY, AJ and UJ) this morning traded at the horizontal line. Up 300 pips so far today but the basket is set to breakeven +5 with a take profit of 500 pips.
Havent posted a chart in a while but the baskets are still doing very well
Very nice....that's a good basket to have today
FWIW.....here we have a bounce off the S1 support line.....we have Matrix + both stochs + Arrow etc, so should we take the trade?
Well I can't speak for you, but I won't take it for 2 reasons....1) it is against the MTF 15 Arrow, and 2) it is under the Daily Pivot where the trend today has been down since Tokyo open.
Does that mean that the trade will fail? No of course not.....it just means that (to me) it is swimming upstream so it's not a high probability trade. If someone takes it and wins, more power to them.....I'll but them a beer....
Yes, they've been on a roll most of this year....some days have been outrageous!!!
Havent posted a chart in a while but the baskets are still doing very well
Havent posted a chart in a while but the baskets are still doing very well
Sometimes you get what you deserve.
Just remember around 28% of the Italian public voted for some comedian (Grillo).
I could make a few puns about being some sort of joke, but that would make a mockery the seriousness of the situation.
:do you feel confident to vote for...Berlusconi?do you feel confident to vote for bersani and his PD,that admitted Berlusconi to do everything he wonted during the last...let me think...2 years?mmmm no....5 years?mmmmmm no....20 years?yes more or less 20 years,i always read you with interest and respect
,but here in italy we didn't have alternatives at all at the moment of the vote
):grillo is not the cause,he's the effect they create.Scalping is exciting and can be very profitable. But doesn't it feel just right to catch 25+ pips in one move
Congrats for the green
Looking at your chart setup, I personally think the Stoch M15 too low to be traded since it is about crossing the level 20(OS). However, I noticed the similar (profitable) setups also appear on EU, EJ and GU. I don't take the trades considering the M15 stoch level.
Well, yes of course there is a part of me feel a bit upset for letting those setups go, on the otherside I tried to follow textbook rule looking for Stoch coming out from 20/80 area. As I told RJ, I want to learn about HPT.
I am really glad if you don't...
...... well.... at least you got your expressions right this time RJ.
...... as it were.....
Havent posted a chart in a while but the baskets are still doing very well
20% target reached.
Well I thought I'd better or else I'd have to go find a Prada bag for you!
I could be wrong but I don't think it was so much of a vote for that guy, but a vote against austerity and de-facto governance from the EU suits (read Merkel)
Take profit hit thats me done for the day
