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Vermillion replied Jan 26, 2015Getting past 1.20 itself will be a major resistance, if it even comes to that. Somehow, I doubt we'll even get that far. I don't know how some people are still aiming for numbers like 1.28 when the Eurozone is still fucked. I mean, did people not ...
EURUSD
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Vermillion replied Jan 26, 2015The market doesn't seem too certain where to go in London session. We're 2 hours into this and we still have yet to see significant moves up or not. I'd say it's waiting for the New York session to coincide with the London market.
Dragon Riders GBP/JPY
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Vermillion replied Jan 26, 2015177.50 is being stubborn. If The price keeps flip-flopping around here, I'll have either leave or tighten SL
Dragon Riders GBP/JPY
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Vermillion replied Jan 26, 2015GBP/JPY extremely oversold at 177.50; sold shorts at that price. Looking to take profits at new supports 177/176.80, 176.50, 176.30. Most likely going to take partials. 175.70 is out of reach at the intraday moment according to chart. The area I'm ...
Dragon Riders GBP/JPY
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Vermillion replied Jan 25, 2015I'm also bearish right now though; there's been so many bearish attempts to the bottom, and all the efforts by the bulls seem to taper off rather quickly in comparison. It still doesn't make me any happier, however, since I've waited the past 8 ...
USD/JPY Discussion
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Vermillion replied Jan 25, 2015I have a few shorts around 176.300 (+/- a few pips). I'm also leaning towards further movement down, but my main target is 175/174.80. If I keep seeing a downward trend, I'll aim for 174 and somewhere around 173. But if 176.300 holds, and continues ...
Dragon Riders GBP/JPY
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Vermillion replied Jan 25, 2015My current stance: stayed flat until I saw a breach of 176 and a retest of 175.70. Shorted at the bounce at 176.271, and added another on the second bounce from a futher drop. Second short at 176.072. All SL is set at 177, but subject to early ...
Dragon Riders GBP/JPY
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Vermillion replied Jan 25, 2015Sunday opened with a 50pip drop from Friday. Let's see how the market reacts to this dip in weekend.
EURUSD
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Vermillion replied Jan 24, 2015That's because the corrective waves haven't technically ended yet. Honestly, it's only when the market moves below 173 that the beast will have my attention. If it does punch below 170, then I'll consider it an unknown factor. But until then, I'm ...
Geppy's Geppy Thread (GBP/JPY)
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Vermillion replied Jan 24, 2015Right now? Not sure. As it stands, overall bias is bullish, but intraday bias indicators seem to lean towards a movement to the lower regions, with the initial vital testing support at 117.50 & 117. You should also check out the other yen pairs, ...
USD/JPY Discussion
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Vermillion replied Jan 23, 2015Ah....bah. I shorted 2 lots in total on the geppy, but I closed one of them way too early. Instead of getting 40pips+ on one trade, I left early and got 10. And it all happens right when I was taking a 1 hour nap. *currently in the process of ...
Dragon Riders GBP/JPY
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Vermillion replied Jan 23, 2015My condolences. I also got stopped out as well.
Dragon Riders GBP/JPY
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Vermillion replied Jan 23, 2015I'll bet you they might pull off another ECB. Have you seen the FF news article about Kuroda's credibility, or more specifically, lack thereof? Not very encouraging news.
USD/JPY Discussion
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Vermillion replied Jan 23, 2015The only reason it's not dropping below to test areas like 117 is because the Friday session is largely over. By now, most of the market movements are done, or there's great hesitation to move below. By all means, hold onto your shorts, and if you ...
USD/JPY Discussion
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Vermillion replied Jan 23, 2015Not much time left. On friday sessions, market volatility tapers off after 10:00am EST, and anything after 12:00pm is unlikely to change significantly. Right now, it's 9:06am EST.
USD/JPY Discussion
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Vermillion replied Jan 23, 2015Finally. But I think we'll get one more bonce at 117.7.
USD/JPY Discussion
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Vermillion replied Jan 23, 2015Unlikely to go below around the 175.70 region. We will likely see an attempt to scrape 176
Dragon Riders GBP/JPY
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Vermillion replied Jan 23, 2015Don't worry about that; you weren't. And to be honest, I also agree with you about the value of news, albeit in a slightly different direction- news only has significance when markets are acting against it (excluding the initial ...
Geppy's Geppy Thread (GBP/JPY)
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Vermillion replied Jan 23, 2015Oh. Sorry about that. I usually trade intraday, so that's what I meant. Overall, I do expect to see 176.20, 175.60, in that order with +/- 20 pips. But for now, for some strange (and completely INSANE) reason, my gut is telling me that this recent ...
Geppy's Geppy Thread (GBP/JPY)
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Vermillion replied Jan 23, 2015Right now? With the extremely good UK retail sales? Do you think the bears can overcome that? Just curious.
Geppy's Geppy Thread (GBP/JPY)