Search results

Nice rebound if anyone else got in on the USDJPY - anyone want to share targets ? Around 0.009710 - i.e around 103.08-09 ? Some US hedge fund reportedly pushed the USD on both USDJPY and EURUSD. Nice going on a japanese holiday - but I don't think so. We can wait .. and they won't be breaking...

Nope, there is japanese holiday today. I almost forgot about it - but when I saw this USDJPY I got in asap - there are good blocks around 104.45-50 ... I think something similar could be done on the EURUSD - but I have a little doubts about the EURJPY - so I like USDJPY better. USDJPY had...

EURJPY is starting to look ripe again - but for USDJPY and EURUSD it's bleak. I guess the USDJPY is the leg that would do the most of the move - since EURUSD seems bent to get on to picking on the 1.3050 again.

More technical trading with trying to break above the 1.3050. A lot of nice infighting when it draws close. EURJPY also rose some, with a 20 ticks move on the USDJPY upwards, while EURUSD was mostly calm. QM crude oil prices wigh in on the USD in general, so we are not seeing any pressure to...

Very choppy EURJPY today, with both EURUSD and USDJPY in tight ranges for asian and european sessions. My experiment went ok, although no great returns - just 11 ticks total for that trade - by lifting legs at intervals. Still it shows that it's nice to have 3 legs, and being able to be USD...

If anyone is following this play on both - using the same margin twice - observe the widening spread on e.g USDJPY 6J when EURJPY dips a little below 134.55 trendline - while EuroFX 6E has a tight spread almost all the time. edit: fairly profitable with this experiment, but I'm shooting for...

No, CME - short EuroFX 6E and long 6J USDJPY - essentially EURJPY :) :) :) Also, margin requirements are 10% less on 6J when compared to 6E, but they both pay $ 12.50. If you play 1-lots, you should look into this kind of play - getting $25 on every EURJPY tick - with the same margin...

I just ventured into a combined EURJPY with a position on both EURUSD and USDJPY with CME. That will be interesting. :) Of course, the "side effect" is $ 25 pr tick pr contract instead of the usual $ 12.50 ... Needless to say, both positions are very small in size for this experiment; so...

EURUSD in the 1.3030s seem ripe for some scalping on my spot demo too. I might consider pausing the EuroFX longer term position too, but I'm not ready for a "pause" on the trade yet. Thomson says analysts (who?) reflects that record high IMM data of 54k for EURUSD longs coupled with...

I expect to see some further strength on the USD right now as an extension for the USDJPY and spillover into EURJPY , EURUSD - with both of them caught in the middle. Just my next trigger for an eventual next trade; i.e looking for some higher areas on futures than 103.25 equivalent (not...

I know what you mean; trader fatigue and feeling of grandour sets in after a lot of successful trades. :D 9 trades for 21 in 90 min is not that bad, but if it was 6J on CME it would probably amount to over-trading, while on the spot I think it's fairly normal intensive going. Keeping up...

USDJPY is wonderfully choppy tonight and it's fairly easy to scalp at least +10 ticks on each of the waves. While EURUSD is a little contracted in it's range, the EURJPY has some good stuff going with choppiness on back of USDJPY chops. So JPY is definitely in focus right now, with both the...

Thomson reports that analysts say Japanese officials might move to intervene this week on back of the fact that Bush did not say markets should decide prices, but instead only said he favoured a strong USD. Well, Bush never was much of a smooth talker, so I don't think anyone would take that...

Some info from Thomson on the G20 meeting [04:10 Special Report On G20 Meeting] [Final Communique Makes No Specific Mention Of USD - DJ] After German Finance Minister Eichel specifically mentioned in his opening remarks that abrupt moves in...

I don't think it's an especially good entry for being long, but it can still try and get up there. As far as I know it will take somewhat of an effort to break up through the 103.50 resistance now. That's only logical since there were very large barriers there, and a lot of money was put on...

My opinion is that all EU and US numbers will start to take on greater importance - with a swing towards 'normality' again. The last months ignoring of macroeconomic numbers has been unusual, and was excacerbated by the increasing focus by the markets on structural deficiancies and problems...

I finally got those 100 ticks out of the USDJPY, but had to hit myself on the head for not leaving the position open before I went for a nap. When I got up and saw it had broken below 104 again - even 103.80 - I thought I might not get much out of it today, but on back on the concerted moves...

I am so close to +20 on the EURUSD that I am succumbing to profit-taking. +16 secured for most of the position, while I will trail the rest with OCA cancelling combined with a OCA stop limit. That will get the most out of that while I get some needed rest. I have secured +46 for most of my...

I still think I need to watch my trades carefully - especially since I'm fairly new to position trading on forex. Soon I need some sleep too - but will rest in intervals to see how the trades are performing. I have upped my stops so that I will be profitable, but still can catch some more...

Well, at least it's nice to see some action now with the european open approaching. Everything going in my direction seems to be promising good. Roughly 34 ticks profit on USDJPY so far and just a couple of ticks on EURUSD - which I am a little careful with.