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  • #301
  • Nov 25, 2013 10:48am Nov 25, 2013 10:48am
Agree about euro (vs usd) but I think that the rotation from EM to EU won't be harmed by that. China is a much scarier picture than EU - empty cities for example. And aussie & kiwi are connected with China and adding another fact that eurnzd drives much faster than nzdusd (entered short here also)... I'm generally bearish on commodity currencies, AUS and NZ also want their currencies down and I'll try to make an advantage of that.
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
  • #302
  • Nov 25, 2013 10:57am Nov 25, 2013 10:57am
Away from actual trades, congratulation to you Ian for making calls and targets for JPY pairs, specially GJ when in a time when you were calling for 163 even 150 was so far and a little bit unrealistic (as I remember). I hope you're right about UJ, I have also some "unrealistic" targets here .
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
  • #303
  • Nov 25, 2013 11:21am Nov 25, 2013 11:21am
Quoting bikov
Away from actual trades, congratulation to you Ian for making calls and targets for JPY pairs, specially GJ when in a time when you were calling for 163 even 150 was so far and a little bit unrealistic (as I remember). I hope you're right about UJ, I have also some "unrealistic" targets here .
Thanks Bikov, that's the benefits of looking at monthly charts. I wish I would of just held all trades since April but being a fund manager I need to lock in profits for my clients. I am not holding any jpy shorts at the moment besides a small AJ long. Waiting for 162.96/00 for GJ to long. And UJ I dont see much in the way of pull backs,maybe 101.45/50.


I got a few decent sized EurUsd shorts. A close below 1.35 would be nice. Stops are are above 1.38 and targets in the 1.20 area.
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  • #304
  • Nov 26, 2013 2:46am Nov 26, 2013 2:46am
Gidday Yen Masters

Just playing in the YEN pairs

trying to stay ahead off the game

lets see if the YEN stays above the 100
  • #305
  • Nov 26, 2013 10:51am Nov 26, 2013 10:51am
hm, the zone from 0.9060/90 at usd/chf is an accumulation area as it looks. that promises something.
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
  • #306
  • Nov 26, 2013 4:52pm Nov 26, 2013 4:52pm
Hey guys, sorry for the lack of posts. It's a very busy week for me with the holiday plus this storm we are dealing with. Will be a miserable next few days lol.

I have no new positions and stops and targets are wide as usual. I will get back on tomorrow if I can.
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  • #307
  • Nov 27, 2013 12:46am Nov 27, 2013 12:46am
Just entered short position GU at 1.6218 sl1.6266 tp open (somewhere around 1.55 maybe). I see triple top on daily, that's the reason (besides I'm dollar bull).
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
  • #308
  • Nov 27, 2013 7:17am Nov 27, 2013 7:17am
Quoting bikov
Just entered short position GU at 1.6218 sl1.6266 tp open (somewhere around 1.55 maybe). I see triple top on daily, that's the reason (besides I'm dollar bull).

wrong
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
  • #309
  • Nov 27, 2013 7:22am Nov 27, 2013 7:22am
Quoting bikov
{quote} wrong
Sorry to see that...............Alien..........
The More You Learn, The More You Earn.....
  • #310
  • Nov 27, 2013 8:46am Nov 27, 2013 8:46am
Quoting forexalien
{quote} Sorry to see that...............Alien..........

me too, but eur/nzd (maybe TP at .6730/40) and my favorite usd/jpy are doing fine and covering the loss from the wrong call at cable. still underwater at usd/chf but this good ride at EN & UJ makes profits bigger than losses. hope it will stay that way. about gbp - is it really so strong fundamentally or this is just SL hunting? maybe sometimes we should not ask questions but follow the market, just like I did at UJ and EN..and didn't at cable and swissy.
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
  • #311
  • Nov 27, 2013 1:37pm Nov 27, 2013 1:37pm
What's up guys. Whats up Alien!

Made some nice pips on UJ over the last few days. Still have my eurusd shorts. Todays close may form a nice inverted hammer.
Uj looks ready to test the 2013 high.

I'll post some charts later!
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  • #312
  • Nov 28, 2013 7:12am Nov 28, 2013 7:12am
http://www.cnbc.com/id/101225781

if this is true and continues in 2014, there's another reason for selling AUD on rallies ( long euraud would do the job). the money were running to hide to the far east during financial crisis (beneficiary for AUD and JPY) and now are coming back to USA and EU. at least charts of eur&usd vs aud&jpy are telling that.
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
  • #313
  • Edited 5:03am Nov 29, 2013 4:49am | Edited 5:03am
Hope everyone had a good holiday!

A few new trades we got going

Short G/U @1.6318 Target 1.6226 SL 1.6376

Long UJ @ 102.27 Target 105 area SL 101.75

And still have my long AudNzd which survived by 7 pips a few days ago lol
Still short EU targeting sub 1.30's




Oh and Bikov I listened to that youtube video and it was amazing!
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  • #314
  • Nov 29, 2013 9:54am Nov 29, 2013 9:54am
Quoting BobGnarly
Hope everyone had a good holiday! A few new trades we got going Short G/U @1.6318 Target 1.6226 SL 1.6376 Long UJ @ 102.27 Target 105 area SL 101.75 And still have my long AudNzd which survived by 7 pips a few days ago lol Still short EU targeting sub 1.30's Oh and Bikov I listened to that youtube video and it was amazing!
I'm keeping long UJ from <100 for almost a month which could be a record time for me holding a position - last summer I kept euraud longs from 1.16xx to 1.24xx but this one I'm going to keep for longer time (if market allows to me).

I'm glad that you like it, good music doesn't know for boundaries.
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
  • #315
  • Nov 30, 2013 11:55am Nov 30, 2013 11:55am
UJ - Monthly is still Long........

Weekly chart below shows a new swing to the upside and may stay there for weeks to come.............

It is coming out of a bollinger band squeeze.

Stochastics are going long...........

ADX is ALL LONG

And the bottom window suggests Long , well into next year March / April 2014 until you see different
Attached Image (click to enlarge)
Click to Enlarge Name: 11_30_13 UJ week LONG.JPG Size: 250 KB
The More You Learn, The More You Earn.....
  • #316
  • Nov 30, 2013 12:02pm Nov 30, 2013 12:02pm
UJ daily - trending long,

Stochastics in over bought area and can stay there for quite some time.

ADX is strong long - but is nearing a rest area or retracement before continuing long.

Lower window suggests a few more weeks long at this time with pull backs..............
Attached Image (click to enlarge)
Click to Enlarge Name: 11_30_13 uj day.JPG Size: 266 KB
The More You Learn, The More You Earn.....
  • #317
  • Dec 2, 2013 3:55am Dec 2, 2013 3:55am
Glad that I entered short fiber last week. When I saw the chart this morning , those 2 bearish candles at H1 I thought Merkel announced splitting from the Union..or something worse, but I found solid German PMI instead. Wunderlich
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
  • #318
  • Dec 2, 2013 4:02am Dec 2, 2013 4:02am
Hello fellow yen bears

Played a UJ long before close on friday and it's doing well. My GU trade is still on , I hedged instead of using a SL forgot to update about that. I cut the long for 49 pips and I am still holding the short.

All the positive ez data and eurusd is collapsing. This thing could be sub 1.32 end Of the week if we get some solid U.S data.

I will update some charts in a little bit. I will be pretty active on here until the middle/end of December and then I will be busy with the holidays and I never trade during those times.
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  • #319
  • Dec 2, 2013 4:04am Dec 2, 2013 4:04am
Alien is one of the better technical analyst on the forums. Glad to have you here !
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  • #320
  • Dec 3, 2013 12:07pm Dec 3, 2013 12:07pm
Whats up guys. I have been very busy the last few days. The more clients I get and the more people I meet during the week really takes away from my posting time on here.


I have an idea for the new year. This thread will pinpoint a few trades, 2,3. The goal will be to hold them the entire year of 2014. After the ecb, boe,fed,boc we should have a clear direction for the new year.

I havent been trading too much as I am very pleased with my return this quarter and I dont like PA around the holidays. I got stopped out on the Aud/Nzd long which was a small position anyway and I am still short eu and gu.

Again I apologize for the lack of posting. But the 2014 TREND WAVE is just starting
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