I have a feeling we're going to hit 1.2000 within the next 12 hours. Not far at all from parity on usd/chf either.

EURUSD

You should always put it just on the other side of a round number because of things like that imo

Dragon Riders GBP/JPY

Well I abandoned ship with a tiny profit. Just do not like the reaction from 120.25 and think it might be going to test 120 or maybe even lower.

Bull City Baby! Buying Opportunities

I just entered long as well. Have a take profit at 120.64 and stop at 120.23. Going to bed soon.

Bull City Baby! Buying Opportunities

Many times this pair has fallen before rising to new highs soon after. For how much the nikkei went down, this pair really hasn't gone down that much yet. The nikkei appears to have found some sort of bottom for now, so maybe this has too and will ...

Bull City Baby! Buying Opportunities

The bulls have been focusing on usd/jpy for a while now. They abandoned the eur/usd last spring.

EURUSD

Up Up and Away

USD/JPY Discussion

I do a fair amount of scalping. I was profitable every quarter this year. Made around 28% return total. But I have only been trading live for a year and a half so I think I can do a lot better with more experience.

It seems impossible to make money in the long run

I believe exiting a loss without worrying about it or viewing it negatively is one of the main things that separates a successful trader from an unsuccessful one. The ability to do that and the ability to let winning trades keep on going without ...

The importance of accepting losing trades

The tip off that the consolidation was heading down, imo, is that the last 3 high points started getting lower and lower. the peak just after 1400 was higher than the next, and the one after that was lower than both the previous two. At 1500 it went ...

Bull City Baby! Buying Opportunities

Too Exactly because of this. Many do not expect it, and all the furious buying from 115.50 to 117 today also left a trail of stop losses right to 115. If the stock markets keep going down, people buy the jpy because it is somehow a "safe haven" ...

USD/JPY Discussion

The bears are strong with this one

USD/JPY Discussion

Would not be surprised to have tomorrow see more USD selling, a "Christmas surprise". USD/JPY to 115, EUR/USD to 1.26. Cannot see the fed becoming too hawkish tomorrow with the way things are going right now. They'll end up keeping considerable time ...

USD/JPY Discussion

Maybe you want two or twenty million instead

Name major brokers for professional traders!

I could see it going to 2480 or so just to hit all the stops of everyone trying to short it with stops between 1.2451 and 2.481. Sometimes the ones that look obvious are not as they appear. I do not have a position though, because I can see it going ...

EURUSD

It seems to me like it could pop up to 2500 first

EURUSD

I wish everyday was like that. Id be rich in no time.

what's going on with the market?

I saw that it was probably going down. shorted 50k a few mins before drop lol. I think the nikkei futures had also dropped quite a bit suddenly right before that.

USD/JPY Discussion

Could drop to 120.5 before stopping, or are we going to get a 120 test?

Bull City Baby! Buying Opportunities

Why even think it is just going to stop at 120? Could easily just go right on past and head for 125 - 130.. As fast as it's risen to 120, who knows how much further it could go.

USD/JPY Discussion