Short EUR/JPY

I'm playing the odds. It's coming right into resistance, and it should stall then fall. If it doesn't, and it breaks through, my stop will get hit, then I'll re-enter on the longside on a pullback.

Good luck to all :D
 
8.27PM: I just sold to OVVO another 1/4 of intended position @ 164.55. He is buying from anyone at a price even higher than market price. He is a great bull!

OVVO: I will complete my operation depending on price behaviour. If it goes up, I will look into area of 164.80. If does not fail there, I will sell to you at 165.11 with no problem at all.
 
Better yet, I will send you login info to view all of my trades live streaming and timestamped. Take the opposite side to all of them, please!!!:D
 
OVVO: A bit more serious now. Could I know the reason why you are buying this pair? No one is right or wrong here, but I am just curious to know. I can tell you my reasons for shorting if you want to know, but I just want to know what a bull on this pair thinks at this stage.
 
I have a proprietary neural network that's fully automated, I cannot divulge why a position is taken, I can only share those positions on a real-time basis if you care to view them.
 
Quote from OVVO:

I have a proprietary neural network that's fully automated, I cannot divulge why a position is taken, I can only share those positions on a real-time basis if you care to view them.
More...

There is no need to view them as I trust you. So I take it that you are a buyer of EUR/JPY at 164.59. Do you care about the timing? In other words does your buying price depend on time?
 
Quote from OVVO:

I have a proprietary neural network that's fully automated, I cannot divulge why a position is taken, I can only share those positions on a real-time basis if you care to view them.
More...

I am familiar with the concept of neural nets. It still depends on the underlying model, and the data used to determine the weights. In the lab, how does the performance of your neural net looks like?
 
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