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Vermillion replied Feb 6, 2015I have two experimental, aggressive longs. I don't recommend people follow me, but I'm looking for a bit higher. FOMC lockhart may lead to a dampener in the USD/JPY, which is rather oversold right now. If that's the case, I'll have to close early. ...
Dragon Riders GBP/JPY
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Vermillion replied Feb 6, 2015Retesting 181.50. If it breaks out, we just might get the third 15min candle that Ata was looking for. Don't have a lot of time though; in 2 hours, market will probably lose all significant momentum and just be stuck in a small range.
Dragon Riders GBP/JPY
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Vermillion replied Feb 6, 2015Let's see if 181.20 is support. I'm hoping to get 182.20 before the day is over, but who knows. We might have pullbacks
Dragon Riders GBP/JPY
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Vermillion replied Feb 6, 2015180.50 holds, upside limited (retest of 180 likely). Up from 180.50? Probably an eventual rise to 183/182. Price is bouncing around 180.50 for now.
Dragon Riders GBP/JPY
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Vermillion replied Feb 6, 2015I take it we've about 4, 5 hours following the NFP announcement to go to next support. After that, I suspect the MM will have been cashed in on everything for the day. Also have pending shorts as well, with a relatively large SL in case of ...
Dragon Riders GBP/JPY
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Vermillion replied Feb 6, 2015Just remember: When the price is close to a key support/resistance, there's a chance it'll break out of that formation. And when it does, expect it to move very heavily against said prediction. Always plan for the opposite scenario. That chart has a ...
Dragon Riders GBP/JPY
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Vermillion replied Feb 6, 2015Closed all three shorts at 179.664. Didn't pocket much. Only about $162. Kind of sad, really.
Dragon Riders GBP/JPY
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Vermillion replied Feb 6, 2015Ah. The issues of living abroad and filing taxes. Double taxation, anyone? It's one of the reasons my dad is constantly shifting through his financial statements for tax avoidance. The sad thing is, our family is far from being wealthy. We are ...
EURUSD
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Vermillion replied Feb 6, 2015Isn't there also an issue with last minute taxation depending on the amount of wealth/property you hold? I think that was one of the reasons why one of Facebook's head boys ditched the U.S. prior to the company's IPO And Larry, yeah-the Chinese do ...
EURUSD
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Vermillion replied Feb 6, 2015I wonder: If the price doesn't attempt to test at least 179, should I risk my profits and keep my shorts even when U.S. data comes out?
Dragon Riders GBP/JPY
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Vermillion replied Feb 6, 2015Ho.......After checking the ichimoku on the respective timelines, I agree, but what really surprises me is your points of significance. I also view a pronounced break from 180.30/00 to be a free ride until 183/182, and my short's maximum profits are ...
Dragon Riders GBP/JPY
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Vermillion replied Feb 5, 2015I have 3 shorts lined up, scheduled to break even overall by manual closing. Worst case SL allows for good r:r. 179.800 reaction will be crucial. image
Dragon Riders GBP/JPY
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Vermillion replied Feb 5, 2015Just a few things: Current zone is bullish, but very difficult to decisively claim a long or short. For intraday trend leading to tomorrow pre-NFP, I point to the four hour chart. We're sitting on the borderline for a clean break into the 180s. ...
Dragon Riders GBP/JPY
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Vermillion commented Feb 5, 2015No, I'm saying that the SNB has to buy the euro and keep the value of the swiss franc lower in order to save their country from economic turmoil. They don't really have a choice. The SNB can't profit right now; the main thing on their minds is to ...
Euro battles through 1.1450, runs stops
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Vermillion commented Feb 5, 2015And the day they do that is the day they get screwed by the government, since often the interest of the state are at odds with a sheer profit based mentality. So many people just naturally assume that because many central banks aren't directly ...
Euro battles through 1.1450, runs stops
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Vermillion commented Feb 5, 2015.....what the hell was I thinking? I somehow read the numbers wrong and typed answers wrong. Probably because of overnight trading. Sorry about that.
Euro battles through 1.1450, runs stops
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Vermillion replied Feb 5, 2015i'm leaning towards the eur/usd. That thing has long been in need of another movement down, and the NFP can cause that...provided it's hawkish enough for the dollar. Honestly, if I don't get a good price on my shorts prior to NFP, I'm planning on ...
EURUSD
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Vermillion commented Feb 5, 2015I'm sorry for being blunt, but that's completely wrong. I'll try to keep it simple: Switzerland depends on exports & tourism for its economy. Swiss products are made with materials bought in swiss francs, and swiss purchases often use the swiss ...
Euro battles through 1.1450, runs stops
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Vermillion commented Feb 5, 2015You mean 95 pips. Not 950. 950 pips would mean it's 1.20+
Euro battles through 1.1450, runs stops