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Alright I got out of this one at 1.4275. With Goldman cutting tomorrow's payrolls estimate and S&P acting weak today, don't want to be too greedy. I am going to buy some physical gold tomorrow. Gold at 1200 seemed high, but I should have invested then - I bought some but not much, same story...

Tactical trade call: Long EURO at 1.425, Stop 1.42/1.415, Target: 1.435. I will be out of the position before NFP. Edit: I will keep a much tighter stop on this one. Stop 1.432. Enter at full size.

Hey Colin, Thanks for digging out this info for all of us. The numbers surely sound super-impressive, however at a conceptual-intuitive level I have some difficulty agreeing with basic tenets of methodology. I don't know JH methods, nor do I have the time to explore them (frankly), I will...

IMO, AUD against CAD is a better proposition than that against NZD, because in my experience (no hard numbers behind this); AUD and NZD react more closely to China data than AUD and CAD. Also, CAD is a good proxy for US growth, whereas a lot of 'current' action in NZD is very news/sector...

Closed the position at 1.4285. Looking to short USDJPY again around 77.2/5.

Yes Colin, please ask people who are trading JH methods. His methods have generated so many pages and so many threads - alot of which is very hard to understand - that it will be very very refreshing to see some hard stats about the performance of the method. Thanks for your offer. I look...

The risk-on trade is leading to a rally in AUD. Mkt is getting ahead of itself, rate hike scenario in AUD is out of the question in this environment - It won't take much for AUD to move quickly 200-400 points down - An eye should be kept with an intent to short.

Last trade call panned out very well. Its very rare that trade calls pan out so well. However, personally I could make only a bit since I was in the trade early-on. New Tactical Trade Call: Short EURUSD at 1.45 (full size). Stop 1.46 Target 1.44/1.4350 (1-2 day duration). Rational...

if your dad/mom doesn't live with you, open an account in their name and trade through that. Say @#$% to broker dealer compliance! If Steve jobs had followed all the laws to the point, he wouldn't have been Steve jobs. So don't hesitate, if you really feel like you need an account and want...

yes makes sense now. internet has at least 50% garbage information also :) About the topic - no i don't trade non majors. Most exotic i have gone is USDNOK but that is within G10

I never heard of this slang before. What is your source for this slang of gofer ?I never heard anyone in fx world refer to it like you do. Are you even sure that this slang is in use ?

Thanks for replying but i figured it out. Its a correlated move wrt 10yr US rate move up. Yes its not a big move in grand scheme, but is "big" move for late afternoon in ny session...look at $yen historical moves over last 10 days around this time and u will see wat i am saying.

Kassz, My take is this spike is due to correlated impact of US 10yr moving up. The bbg news that you refer came out much earlier compared to when $yen started spiking up. And I would argue that this news is another cause for $yen to go down and not up, since it means, continuing strength...

Short Term Tactical Trade Call: $Yen had a powerful spike up, as a result of US 10yr spiking up. But this spike in $Yen should be faded (even if 10yr holds up, $Yen will come back). Enter half position at 77 and other half at 77.5. Target 76.5 within next 2-5 days.

if someone knows, please answer this, thx : http://www.elitetrader.com/vb/showthread.php?threadid=226012

Anyone knows why? This is unusual ??

Yes, wrong on 6E, I didn't read the 2 year thing. With havoc in europe, can't be ES. 2nd guess: CL Good to know what these are eventually - proves how weak is my market structure knowledge.

one of them is 6E for sure. Others might also be currencies. Hope you send me at least a fraction of gift - for being correct on one (at least) and being the first to answer :)

seems reasonable to me. Sitting in front might lead to overtrading. Anyways at least for the time being you have had the best risk return trade for the day imo. Good trade!

Thanks Builder . Appreciate it