My real time forex trades

Quote from gordon12:

Interesting trade as any mention of yen weakness at the G7 and the currency must strengthen? If it is not mentioned what happens then? I hope you have a stop loss in place! Wish you luck.

Gordon
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No, I don't have any stop, don't need it. Where ever I put the stop it would be "the top" :mad:

If the yen weakness turns out to be a topic at g7 there will be sharp slide down in usd/jpy. If not, then nothing, nothing new.
BOJ is taking lots of crap from everybody already for letting yen turn into garbage, they will intervene!!!

Watch your screen until the last minute of trading today, we might see some profit taking in yen short positions.
 
Shorted gbp/usd at 1.9503
I'll try not to make the same mistake as I did last time, second part of this trade will be enterred way above here, close to 1.98 or so..
 
Shorted eur/jpy 158.92 one lot.

I can't remember how many times I shorted this pair, first started around 148.00 and every one of them was winner.
However, If I went long at 148.00 and held the position until now my profit would have been at least 5 times better:(
Lousy trader I am.

Probably something to do with psychology... I just can't buy anything at 1000 years high, just can't.
At 1.40 many thought eur/jpy was overvalued by at least 20%, and how about now? We are closing to 1.60.
Lousy trader I am.
 
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