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Trading well and making money
Started May 10, 2008|Trading Discussion|1 reply
Hi. I am posting this in the forex dicussion, because I don't consider myself a rookie ...
I'm concerned about UJ not breaking lows from today yet. I'm short just on the /JPY pairs
UJ support comes in at 103.4, Does anyone think it may bounce from there?
I think shorts are gonna win. UJ is down, I'm shorting all crosses. I'm a little nervous, that they are all gonna backfire though.
Nikkei is way up. + 210.37 This should be a bullish sign.
European equities are up, keeping the crosses bid. I may keep my longs till Friday, and set BE s/l tomorrow. There may be opportunity to short, but I'm not sure we will get the lows as we got at the end of last week. Just my Opinion.
Ok.. During the London Session.
GBP/JPY has definitely been the biggest mover tonight so far, let's see how far she goes....
JPY crosses are alive again. CHF are not, maybe because Swissy's are on vacation, but seems like a good week for crosses so far.
Du done, du done, du done, du do, dooo dooo ~pink panther
This week might be a buy crosses week
Hi. I am posting this in the forex dicussion, because I don't consider myself a rookie ...
Its anyones' guess. Euro still looks like its being shorted off the top 4hr trendline. im staying away from it for now. seems all currencies are doing poorly against the dollar, except chf and jpy, (at the moment)
You might have accidently slapped UJ instead, it worked
London takes their TL seriously!
Or we go to 195 back to 209 all summer long, either way, great
Yeah... but that doesn't mean I'll hold it that long...
Weak Euro keeping this move tame. Weak Euro = Strong Dollar.