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- DaEdge replied Dec 12, 2012
Even if he does these yen crosses still might not stop until after the elections are out of the way & depending on the winner it might take longer. There's also been a hint to more easing in the news this week. So many retailers are shorting these ...
GBP/JPY
- DaEdge replied Dec 11, 2012
Yes I was reading about that as well. Between the additional stimulus & elections all these crosses should b in play.
CAD/JPY
- DaEdge replied Dec 11, 2012
I been in since 130.80 2 weeks ago cant really see any major down moves till the elections are flushed out. I wouldn't advice shorting unless its for quick scalps.
GBP/JPY
- DaEdge replied Dec 11, 2012
Seems like that's exactly what the powers that be are looking for so they can have control over everything & monitor it easly. It's starting to get ridiculous. Shocking that the daily volume is shrinking daily at such a rapid pace.
U.S. Regulators Bullying Fx Brokers For No Reason
- DaEdge replied Dec 11, 2012
That's what stop losses are for. We are in a consolidation pattern right now & it all a waiting game at this point.
EUR/JPY Trading Room
- DaEdge replied Dec 11, 2012
Same here very boring market. I've added into a few of these on weakness a couple of times & took some pieces off on the bounces. Otherwise I'm just sitting tight I'm pretty far ahead of most of these positions tho because I have been scalping ...
USD/JPY Discussion
- DaEdge replied Dec 10, 2012
Buying on weakness has been working very well on all yen crosses for the 2 weeks or so, I suspect there all gonna move furiously to the upside every retailer has been shorting these nonstop looking for a breakdown & they keep continuing to do so.
CAD/JPY
- DaEdge replied Dec 10, 2012
Central banks as well as large investment banks & hedge funds move the markets, they've all been open since yesterday. The PA in these yen crosses has been very similar for the last 2 weeks or so there's no real establishing of short positions by ...
EUR/JPY Trading Room
- DaEdge replied Dec 10, 2012
image This signal is still very valid for a long to test of the highs. R:R is very solid here with risk clearly defined. Risk no more than 20 pips from this point looking for a 100 pips.
PA by Julexo
- DaEdge replied Dec 10, 2012
Elections should do it. All these yen crosses seem to wanna stay propped up till then, all the down moves seem more like profit taking than short sellers building short positions...
USD/JPY Discussion
- DaEdge replied Dec 10, 2012
Doesn't seem likes there any real sellers in any of these yen crosses, all the recent down moves feel like profit taking not smart money building short positions which is what you need to bring this pair down.
EUR/JPY Trading Room
- DaEdge replied Dec 9, 2012
Doubling your account on a 400 pip move sounds like entirely to much leverage. I trade longer term & look for bigger moves but I also use wider stops you need to give trades breathing room when your looking for larger moves.
EUR/JPY Trading Room