DislikedWishing all here Merry Christmas, have a nice time with you family and wish you all the very best of luck. {file}Ignored
Now it's time to kick back, and enjoy a nice box of wine.
Enter The Dragon - GBP/JPY 2 replies
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***Dragon II*** 15 replies
DislikedWishing all here Merry Christmas, have a nice time with you family and wish you all the very best of luck. {file}Ignored
Disliked{quote} Merry Christmas to you too, and everyone else here in the forum. Now it's time to kick back, and enjoy a nice box of wine.Ignored
DislikedDragon rider checking in. Good thread. Thinking 180.80 then it will go for double top. For now bulls are staging attempt at INV H/SIgnored
Disliked{quote} Closed my shorts near BE. Stalling in this area for days now. I don't think 192.50, I think much lower and a major retrace is coming after the new year but the PA is boring me now. Bought some calls on AUD until things pick up again.Ignored
Disliked{quote} what makes you think that a retracement is likely? True, the area has been well defended, but U/J and especially USD/CHF are still very strong and liquidity is thin. I also tried to short Geppy several times, but it was rather costly ...Ignored
Disliked{quote} I can't stay away and had to get back in. Short at 187.08 now. Yes that thin liquidity is dangerous. My reasoning for the sell side is the equities markets, especially the DOW. The charts are like twins. This bull run will take a HUGE pause next year and GJ along with it.Ignored
DislikedI'm actually long GBPJPY and short GBPUSD. I agree, Temujin, that equities seem precarious... especially considering global economic issues (low oil, Russia, Europe, etc.). That being said, I refuse to try calling tops and bottoms and simply follow the market where it's tells me to go. For more of my views on why I'm in the trades I'm in, I just wrote a post here: http://www.forexmademillionaire.com/...ew-12-28-2014/ Happy to get this thread back in action!Ignored
Disliked{quote} Very, very mixed signals indeed my friend. I can understand why you are positioned in both directions. Demands an artist scalper to profit from these little whipsaw moves with enormous spread. I can't wait for liquidity to come back to the market, so I can make some money again!Ignored
Disliked{quote} I was wondering if anyone would pick up on my contradicting positions ;-) In my mind, Sterling is a good bet... I'm not so sure about geppy right now. I may have done better to play USDJPY instead. If I get stopped out on these longs, that's exactly what I plan to do.Ignored
Disliked{quote} I was wondering if anyone would pick up on my contradicting positions ;-) In my mind, Sterling is a good bet... I'm not so sure about geppy right now. I may have done better to play USDJPY instead. If I get stopped out on these longs, that's exactly what I plan to do.Ignored
Disliked{quote} Sterling would have been a great sell About U/J and G/J I will look tomorrow ... quite late / early here hahaIgnored
Disliked{quote} I shorted the geppy on the 22nd and it has now finally broken with the range. I need a close below 186.47 to be completely at ease here. {image}Ignored
Disliked{quote} I don't like the GBP/JPY right now due to the movement of the euro pairs, which seem quite firmly in favor of the USD and GBP. It makes it rather suspicious that the geppy would suddenly go on a wholesale bear run in a holiday at this exact moment. The geppy is also oversold right now; I'm going to look for the hourly bounce back up and see what happens from there. Market is too unstable for the moment.Ignored
Disliked{quote} Thatīs a big bad red daily in the making right now. Iīm holding on to my idea my tp is between the 50 and 61.8 right on previous highs / resistance zoneIgnored