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- DaEdge replied Dec 7, 2012
Definitely a good tight area to manage risk, just make sure u use a SL cuz these yen crosses have been very resilient the last couple of weeks. Im still long from last week & expecting more upside momentum next week going into the elections.
GBP/JPY
- DaEdge replied Dec 7, 2012
These yen crosses are struggling off everything. Any selling seems to be immediately met with buying
GBP/JPY
- DaEdge replied Dec 6, 2012
Remember tomorrow is NFP so be careful volatility will increase. I personally am not entering any new trades till after the number is out of the way tomorrow morning.
PA by Julexo
- DaEdge replied Dec 6, 2012
There's another level basically where the price is now, if look at the pin bar the top of that candle is another demand level. image
PA by Julexo
- DaEdge replied Dec 6, 2012
Set up looks good, I've found that the signals work much better tho on the dailys & up. It's a matter of personal preference & what suits your personality & trading style. they are a lot easier to see on the higher TF tho. Hopefully this helps. ...
PA by Julexo
- DaEdge replied Dec 6, 2012
Not so sure that's wise in front of NFP tomorrow you might want to consider waiting till after the number & look for levels after. Keep in mind as well it will be very quiet tonight before tomorrow's number.
PA by Julexo
- DaEdge replied Dec 6, 2012
I'm looking to buy more of both as well as e/j after NFP tomorrow
GBP/JPY
- DaEdge replied Dec 6, 2012
It's all a matter of what fits into your trading style & trading plan as of now this is mine that doesn't mean it won't change as the days pass. I'm just hesitant to short this pair with out the fiscal cliff nonsense out of way. We are also going ...
AUD/USD
- DaEdge replied Dec 6, 2012
This isn't a new position it's an add on to an existing one. I'm expecting strength into the elections. LDP is firmly ahead according to polls & the market may be pricing it in now.
GBP/JPY
- DaEdge replied Dec 6, 2012
I've been buying the dips from last week just bought a lil more on frankie open also bought some more n/j not going anywhere till I see how the elections play out.
GBP/JPY
- DaEdge replied Dec 5, 2012
IMO you definitely have 1 of the hardest parts out of the way. Way to many traders see the perfect set up & bet the house on it only to find out its not always the perfect setup that works or they over leverage themselves & get in to early on the ...
AUD/USD
- DaEdge replied Dec 5, 2012
I'm looking for a short as well on the A$ for the same reasons but not till 1.0800 to 1.1000. Depending on if it gets to 1.0800 & how it behaves up there & what policatical headwinds are hitting the wire I might wait till the latter before pulling ...
AUD/USD
- DaEdge replied Dec 5, 2012
At some point he's going to be right on his short I just hope his account can withstand the pain, that or hopefully he's just demoing.
Aussie Trading Room and Cartoons Gallery
- DaEdge replied Dec 5, 2012
This is actually a great question. From what I've seen working on prop desks the answer is generally no. Most analysts over think things way to much & can easily talk themselves out of good trades they are way to smart for there own good. Also they ...
AUD/USD