My real time forex trades

Quote from ggg12:

do think usd/jpy may lean to daily 50 pma 119.60?

they are holding it down pretty hard.
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Just don't stay long into the week end, at least I wouldn't.
I see its now at 120.86, I took profit too early, as always...
I would short it here with stop above 121.10, but since I hate using s/l I am not going to trade it.
 
actually i'm long from 120.77 looking to lock it near 121 pivot

whats your rationale for the short, if i may ask?

thnx
 
Quote from ggg12:

actually i'm long from 120.77 looking to lock it near 121 pivot

whats your rationale for the short, if i may ask?

thnx
More...

You have G-7 meeting this week end, for now we don't know if "yen weakness" will be one of the main topics, lots of contradicting statements about it. Although yen is and will remaing garbage currency with no value, if they do mention it then sharp down move is possible perhaps even 1000 pips.
This will of course allow big money forex crime ring to load up longs (usd/jpy and similar) and collect interest forever.
 
intersting thanks tj,

will take your advice on the short, trailing 121.10.

my only question is will i be able to keep stops during G7 meeting if it blows through my stops?

thnx
 
Quote from ggg12:

intersting thanks tj,

will take your advice on the short, trailing 121.10.

my only question is will i be able to keep stops during G7 meeting if it blows through my stops?

thnx
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Sure why not? stops should be ok, unless you trade millinos :)
 
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