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Firstboss replied Mar 25, 2013Long EUR/JPY @ 122.08 (small amount), will add more if falls to S1, but unlikely we'll see it. Targeting daily PP (122.52 - 5 pips)
EURUSD
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Firstboss replied Mar 25, 2013I am short EUR/JPY below PP, targeting lower BB on 1-hr chart (122,23), looking to long at S=0.5 (122.05 +5 pips)
EURUSD
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Firstboss replied Mar 25, 2013Looking at the big picture, we are in a very wide sideways pattern on the weekly. If at all we get to the bottom of this BB (1.2970-80) - this will be the area of very confident longs
EURUSD
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Firstboss replied Mar 25, 2013Closed my EUR/JPY short ( from 123.16 to 122.60) Closed EUR/USD @ 1.2939 (S 0.5, BB is too close and tight. It might go to 1.2911, but not worth the wait)
EURUSD
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Firstboss replied Mar 25, 2013Lower BB is opening up for further weakness on the E/U pair, 1.2911+5 pips is my TP at the moment. On EUR/JPY I am going to the daily PP @ 122.52 or mayby even S1
EURUSD
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Firstboss replied Mar 25, 2013Not at all - I am saying the gap has been closed last night @1.3046 (on 1-hr candles) Rather sloppy speculative close showing it is not ready to go any higher image
EURUSD
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Firstboss replied Mar 25, 2013After speculative spike to close the previous Sunday gap nothing holds E/U from falling south. I am riding EUR/JPY till at least the daily PP (122.52 + 5 pips) - it is traveling there from R1
EURUSD
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Firstboss replied Mar 24, 2013Closed short with 10-pip loss, now long @123.74 till R1.5 at least
EURUSD
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Firstboss replied Mar 24, 2013U/J was also rejected at R1 and upper BB I am short EUR/JPY at the moment with S/L 123.65
EURUSD
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Firstboss replied Mar 24, 2013Because EUR/JPY and USD/JPY, when rejected at this level, usually travel from R1 to daily PP, and a little less often from R1 to S1. Signature behavior for these pairs. This is valid for regular trading days, without "risk aversion" speculations If ...
EURUSD
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Firstboss replied Mar 24, 2013EUR/JPY got regected at daily R1. If it turns around on the next 1-hr candle, it will easily go back to daily PP (122.52)
EURUSD
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Firstboss replied Mar 24, 2013This was a technical gap closing, where rapid speculative move was based on half-news on Cyprus situation ;-) The PA took off short / take-profit orders just below the gap, and the move looks exhausted now. I see 1.3135-40 (daily BB) as the maximum ...
EURUSD
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Firstboss replied Mar 24, 2013This was a technical move to finally close the gap from last Sunday. It is a strong argument for a trend down this week
EURUSD
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Firstboss replied Mar 24, 2013Will be looking for a short entry on EUR/USD. Most likely, 1.3057 (daily R1.5) and 1.3081 (R2) are the limits, but the 1.3140 level is impassable - this is the upper daily BB that points down. Short EUR/GBP at R1, 0.8548
EURUSD
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Firstboss replied Mar 24, 2013Finally! Closed my 1-week EUR/USD longs just below the closing of the gap, and EUR/JPY since Friday Went short EUR/JPY for a retrace
EURUSD
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Firstboss replied Mar 24, 2013Nice test of the daily pivot, and now we go north to close the notorious gap, that is long overdue
EURUSD