sl taken. flat.
- #15,922
- Apr 5, 2016 8:12am Apr 5, 2016 8:12am
- Joined Nov 2015 | Status: I'm hungry | 4,034 Posts
{quote} What an odd coincidence BOJ likely to discuss easing at April meeting as U/J arrives at the mid-term target. If we get positive feedback from BOJ (easing) and 110 holds as support we could see start of a correction or retracement in G/J. U/J is trigger for G/J long.
- #15,923
- Apr 5, 2016 8:36am Apr 5, 2016 8:36am
- Joined Sep 2007 | Status: Trader | 6,871 Posts
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- #15,924
- Apr 5, 2016 8:37am Apr 5, 2016 8:37am
- Joined Sep 2007 | Status: Trader | 6,871 Posts
check out my blog: forexmademillionaire dot com
- #15,925
- Apr 5, 2016 8:43am Apr 5, 2016 8:43am
- Joined Sep 2007 | Status: Trader | 6,871 Posts
check out my blog: forexmademillionaire dot com
- #15,926
- Apr 5, 2016 8:53am Apr 5, 2016 8:53am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
{quote} What an odd coincidence BOJ likely to discuss easing at April meeting as U/J arrives at the mid-term target. If we get positive feedback from BOJ (easing) and 110 holds as support we could see start of a correction or retracement in G/J. U/J is trigger for G/J long.
Ghost Rider - WWTBMD?
Reading the last handful of pages on this thread cracks me up. Seems everyone keeps trying to buy into what is clearly a downtrend. I don't know how you guys justify trying to fight the trend all the time. I don't know why you'd want to either. Meanwhile, I'm still holding my initial shorts from 161.50 and plenty more I added on the way down. I'm now sitting on more than 300 pips profit on my entire position. And I've barely lifted a finger or had to sit in front of the markets or my charts hardly at all. I don't say this to brag but to hopefully...
There is tons of way to trade, but I cant see any reason to go long. Luckily we are different and take different sides, or else there would be no market, being wrong from time to time is part of the game
Clearly im not as confident as you, i closed at 157 ish, short from 157.800 early this morning.
- #15,929
- Apr 5, 2016 9:04am Apr 5, 2016 9:04am
- Joined Mar 2013 | Status: Trader | 6,512 Posts
My GU trade following my yesterdays plan been shorting since this AM so far 2 wins. After it broke the H1 trend line, short again. Just took half out with profit for insurance so I'm trailing this guy now until I get stopped out. Hopefully they break that red line (support) and Ill go woohoo. For GJ my 2 cents is risk reward is not in favor to go short yet. But who knows if its a runner its a runner it's just not for me. {image}
WOHOOOOO
- #15,930
- Apr 5, 2016 9:04am Apr 5, 2016 9:04am
- Joined Sep 2007 | Status: Trader | 6,871 Posts
{quote} Couldnt agree more, I closed my shorts a while ago but the trend has been down all day, been down for a long time looking at 4 hours, but on hourly we had ranging markets, which can in some eyes justify longs. There is tons of way to trade, but I cant see any reason to go long. Luckily we are different and take different sides, or else there would be no market, being wrong from time to time is part of the game
EDIT:
Also, it's not about being confident. All I do is follow the trend and ride it until it tells me otherwise. That's not confidence, it's just common sense.
check out my blog: forexmademillionaire dot com
- #15,931
- Apr 5, 2016 9:08am Apr 5, 2016 9:08am
- Joined Mar 2013 | Status: Trader | 6,512 Posts
{quote} Yeah I don't know but it is a live account. I think it's risky to short GJ now but if he is right he will make couple of thousands and we are still poor.
He deserves my bow
- #15,932
- Apr 5, 2016 9:10am Apr 5, 2016 9:10am
- Joined May 2011 | Status: [Forex]X-Ray | 4,835 Posts
{quote} Hey Ray, good to see you brother. The timing is just amazing isn't it?
Add: Ignore G/J technicals, watch U/J
- #15,933
- Apr 5, 2016 9:13am Apr 5, 2016 9:13am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
{quote} Hi brother, indeed it is, as soon as U/J prints 110 im gonna take profit and try to get long there, since 110 is support long-term, so Ill try to ride the fundamentals up if BOJ doesnt dissapoint us this month. Like I said, U/J is trigger for G/J long. {image}
... and agreed! If they do disappoint you may have a ride to 105. 
Ghost Rider - WWTBMD?
- #15,934
- Apr 5, 2016 9:17am Apr 5, 2016 9:17am
- Joined May 2011 | Status: [Forex]X-Ray | 4,835 Posts
{quote} Very nice trades
- #15,935
- Apr 5, 2016 9:24am Apr 5, 2016 9:24am
- Joined Nov 2015 | Status: I'm hungry | 4,034 Posts
sorry Geppy I know the swing trader methodology following the trend in the higher time frames is the most efficient way for dragon , like you try to teach everyone.
- #15,936
- Apr 5, 2016 9:31am Apr 5, 2016 9:31am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
{quote} True dat, if it doesnt go up it probably goes down. Doesnt matter what you trade, its how you trade it.
They will probably intervene to defend 110 but we'll see. Been a long time since it was here and just about every YEN pair near support now.
The YEN itself right at resistance too.
(Chart inverted)
Ghost Rider - WWTBMD?
- #15,938
- Apr 5, 2016 9:38am Apr 5, 2016 9:38am
- Joined May 2011 | Status: [Forex]X-Ray | 4,835 Posts
{quote} No doubt. They will probably intervene to defend 110 but we'll see. Been a long time since it was here and just about every YEN pair near support now. {image} The YEN itself right at resistance too. (Chart inverted) {image}
- #15,939
- Apr 5, 2016 9:40am Apr 5, 2016 9:40am
- Joined Feb 2014 | Status: trading bank levels | 8,143 Posts
regardless of the attitude I'll post more anyway not scared of trolls and scum bags here. 
I got good trades running on NU / AUNU and shorted GU before it sold off. Called this live also in my thread. On UJ/GJ I pointed previously a number of times that UJ 110 level would be protected, I still think this is the case. GJ did not bottom out yet atm, more downside to come and I revised my target to get in long GJ counter-trend.
I got good trades running on NU / AUNU and shorted GU before it sold off. Called this live also in my thread. On UJ/GJ I pointed previously a number of times that UJ 110 level would be protected, I still think this is the case. GJ did not bottom out yet atm, more downside to come and I revised my target to get in long GJ counter-trend.
