We are down 300 pips at this early in the day. wassup??? are we going to make a 500 pip down move today? wowzers.
- #16,023
- Apr 7, 2016 4:45am Apr 7, 2016 4:45am
- Joined Mar 2013 | Status: Trader | 6,512 Posts
{quote} looks like we have 2 virtual atm machines today dragon and usdjpy, not complaining hope it continues tomorrow
Maybe they are running down the stops of those who are yen long who gambled on a BOJ intervention. Speeding up the drop.
- #16,024
- Apr 7, 2016 4:57am Apr 7, 2016 4:57am
- Joined Nov 2015 | Status: I'm hungry | 4,034 Posts
{quote} Err usually after a big drop like this it could be a range day the next day. Tomorrow you gonna miss your chance
- #16,025
- Apr 7, 2016 7:15am Apr 7, 2016 7:15am
- Joined Sep 2007 | Status: Trader | 6,871 Posts
check out my blog: forexmademillionaire dot com
- #16,026
- Apr 7, 2016 7:16am Apr 7, 2016 7:16am
- Joined Sep 2007 | Status: Trader | 6,871 Posts
{quote} Yen pair really confusing. When I'm in the trade I lost. But when I'm out of the trade, it down > 200 pips
When a trend resumes it's about as easy as it gets to make money. Just take a trade in the direction of the trend and hold, make money, repeat.
Seriously, it doesn't get better than this.
check out my blog: forexmademillionaire dot com
- #16,027
- Apr 7, 2016 7:52am Apr 7, 2016 7:52am
- Joined Nov 2015 | Status: I'm hungry | 4,034 Posts
{quote} Today? hehe GBP/JPY has been an ATM since Friday last week. I've caught the entire move so far.
, how low you think dragon and usdjpy will go?
- #16,031
- Apr 7, 2016 9:31am Apr 7, 2016 9:31am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
LOL, well you know. Every little pause/bounce is reason for retailers to go long and thus add fuel to the big guns shorts. Trust me, when the big money wants to buy this beast? You'll know it in no uncertain terms. 
Trade safe. 
Trade safe. Ghost Rider - WWTBMD?
- #16,032
- Apr 7, 2016 9:34am Apr 7, 2016 9:34am
- Joined Nov 2015 | Status: I'm hungry | 4,034 Posts
LOL, well you know. Every little pause/bounce is reason for retailers to go long and thus add fuel to the big guns shorts. Trust me, when the big money wants to buy this beast? You'll know it in no uncertain terms.
- #16,033
- Apr 7, 2016 9:40am Apr 7, 2016 9:40am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
{quote} lol wait to Geppy reads that post I better log out
Check it out. Mark the daily opens for just the past 5 days. You could have entered short at each open and not had it run against you for more than a few pips (for this pair that is), And that's what we call a flush! Yep, the beast is beasting!
Now, will it stop here? I have no clue but the big guns do and they can't hide in the crowd. Just a matter of waiting for the signs.
Ghost Rider - WWTBMD?
- #16,034
- Apr 7, 2016 9:41am Apr 7, 2016 9:41am
- Joined Mar 2013 | Status: Trader | 6,512 Posts
{quote} lol wait to Geppy reads that post I better log out
To be fair though GU might retrace up a bit looks like it's in a B wave on the way to C if it breaks above this triangle that is.
Been waiting for this sucker to break all day. I'm starting to grow a beard.
Well dinner time so I'll check up on it later see what happens. I'm done for the day. Been waiting too long for that shit to do something.
- #16,037
- Apr 7, 2016 1:19pm Apr 7, 2016 1:19pm
- Joined Jan 2014 | Status: Less is more ... | 9,059 Posts
{quote} Today? hehe GBP/JPY has been an ATM since Friday last week. I've caught the entire move so far.
Fix up, trade sharp ...
- #16,038
- Apr 7, 2016 1:41pm Apr 7, 2016 1:41pm
- Joined Sep 2007 | Status: Trader | 6,871 Posts
{quote} Geppy the dragon slayer
I've been calling for that since I started shorting on 3/18/2016 at 161.70
I've been adding ever since
check out my blog: forexmademillionaire dot com
- #16,039
- Apr 7, 2016 1:42pm Apr 7, 2016 1:42pm
- Joined Sep 2007 | Status: Trader | 6,871 Posts
Oh, and don't get me started on these retail bafoons buying this thing.
just. Don't. GET ME STARTED!
But hey, if they're into losing money, I guess I don't mind taking it
just. Don't. GET ME STARTED!
But hey, if they're into losing money, I guess I don't mind taking it
check out my blog: forexmademillionaire dot com
- #16,040
- Apr 7, 2016 2:28pm Apr 7, 2016 2:28pm
- Joined Jan 2014 | Status: Less is more ... | 9,059 Posts
{quote} My target on GBP/JPY is 147.50 I've been calling for that since I started shorting on 3/18/2016 at 161.70 I've been adding ever since
Fix up, trade sharp ...