I want to bet the farm

[londonkid]

attached weekly chart of nikkei. I cannot see any reason to be short especially given China's loosening of reserve requirements. just my 2c.

 

[romik]

Nikkei is based on daily pattern, so outcome ought to be within 2-5 days.

 

[romik]

Right. Fun about to begin or despair.

 

[Visaria]

i bet a (small) farm on the demise of the june bund today...exited a little early though.

 

[romik]

Class

 

[Visaria]

It was one of those great trades where you enter and it doesn't even go 1 tick against you, screwed up the exit in that i saw a big profit so took it even though i like to hold overnight at least...not good when a perfect trade is bungled like this.

 

[romik]

Live and learn as they say

 

[romik]

Daily divergence in play as price penetrated trend line. I will now manage the trade by waiting on a buy pattern to form. Stop remains same for time being.

 

[Visaria]

good calls on pound and nikkei. Hope u bet the farm on them!

 

[romik]

Usual risk on GBP.