Closed in 96.40 for +242 pips. More of days like this, please!
- #34,448
- Jun 6, 2013 12:07pm Jun 6, 2013 12:07pm
{quote} Not going to lie, I don't feel very good about this trade. This move seems like the real deal today. With NFP tomorrow we could keep on crashing into the weekend.
What makes you say that?
I'm thinking of holding my long over the weekend depending on how tomorrow goes. If I have 200 pips behind me, I'm holding it. Might get a nice gap up after the weekend too.
{quote} What makes you say that? I'm thinking of holding my long over the weekend depending on how tomorrow goes. If I have 200 pips behind me, I'm holding it. Might get a nice gap up after the weekend too.
Just a gut reaction. Means nothing in terms of the trade. Hey 200 pips by tomorrow. Heck I'll buy some more if that happens. Good trades.
Soar on my wings, you'll touch the hand of God, he'll make you King.
- #34,451
- Jun 6, 2013 12:25pm Jun 6, 2013 12:25pm
{quote} it might keep going down, maybe even under 95, but is just NO WAY japan is gonna let the yen strengthen for long.
that's why i think it's sould be a rocket up from 95. But, only in the next week...i hope so)
sorry for my english
- #34,452
- Jun 6, 2013 12:28pm Jun 6, 2013 12:28pm
{quote} it might keep going down, maybe even under 95, but is just NO WAY japan is gonna let the yen strengthen for long.
I believe we are done with 95. It managed to hit 95.87 which should've satisfied the vast majority of the bears.
I'm trading on the back of bull train......aaaalllll aboooaaarrrrd!
Hahhahaaaaaa, sorry, it's late here and I'm tired.
- #34,454
- Jun 6, 2013 12:40pm Jun 6, 2013 12:40pm
- Joined Apr 2009 | Status: Non-Member | 4,719 Posts
{quote} I believe we are done with 95. It managed to hit 95.87 which should've satisfied the vast majority of the bears. I'm trading on the back of bull train......aaaalllll aboooaaarrrrd!
{quote} I believe we are done with 95. It managed to hit 95.87 which should've satisfied the vast majority of the bears. I'm trading on the back of bull train......aaaalllll aboooaaarrrrd!
- #34,456
- Jun 6, 2013 12:47pm Jun 6, 2013 12:47pm
{quote} i'll definitely long if it goes near 96, but use a stop around 94 because of what NFP may do tomorrow... i think the high from feb 11 (gotten a lot of respect since) at ~94.50 would be really hard break
Until then you'll just sit out?
If it doesn't?
{quote} Until then you'll just sit out? If it doesn't?
), course, the dust may settle around 94.50 --- and if it breaks 94.50 i'm gonna be seriously confused
- #34,458
- Jun 6, 2013 12:58pm Jun 6, 2013 12:58pm
{quote} if it doesn't go to 96 by itself, i'll wait until NFP... if NFP is $ positive, i'll be long as soon as the dust settles. otherwise, a bad # could give a really good long entry to anyone who's patient and watches price action... (at least that's my plan atm
I think NFP is going to be a dud. Scare a few people and lay stagnant. America still has no jobs and I don't think that will change by tomorrow unless they fudge the figures just to get a reaction. If I'm wrong? I'll just step out till, as you put it, "the dust settles".
Sounds like a good plan in that case.
- #34,459
- Jun 6, 2013 12:59pm Jun 6, 2013 12:59pm
- Joined Apr 2009 | Status: Non-Member | 4,719 Posts
{quote} if it doesn't go to 96 by itself, i'll wait until NFP... if NFP is $ positive, i'll be long as soon as the dust settles. otherwise, a bad # could give a really good long entry to anyone who's patient and watches price action... (at least that's my plan atm
I said a 6 month yen bull was here so I wouldn't doubt it would even go to 90 before 100 again. But it may come up to test the highs again, WHO KNOWS unless you're a central bank.
{quote} LOL nothing to be confused about, you take your trade and take your profit or loss, nothign else. Don't let emotion's tie you up, that's where you lose your shirt hardest part of trading too. I said a 6 month yen bull was here so I wouldn't doubt it would even go to 90 before 100 again. But it may come up to test the highs again, WHO KNOWS unless you're a central bank.
