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Quote from Chood:

I'm short the front month YEN future. Sold a couple this session either side of 8400. Looking to sell up two more overnight or day tomorrow. Working on a price for those entries.
. . .
I'm also short two NIKKEI futures (CME contract) from last Friday.
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I like my YEN short position and will buy ‘em back at 8240, a drop from present that could be hit in a blink. 8240 is shorter than my initial 1 for 2 risk/reward, which would need 8200, but it’d make an excellent break from my string of YEN short losers. (I’ll compress my stop as well, to 8418.)

Even my NIKKEI shorts may behave. I need 17,350 before 18,350.
 
Quote from Chood:

Bringing the stop in to 8318.
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Trailing stop hit, postion closed for 82 ticks (x2).

Now, if the YEN climbs from here, the NIKKEI oughta hiccup at least.

YEN strength this week would give cause for profit taking in the equities, esp. in Jap. exporters. Today's CME NIKKEI may tell.
 
I think wants to do another 122 area (Maybe last)
in early april
Probably from 118.2 area
probably hold for a week or so
I am buy some here 119.5 area

this below is for next 5 days

% sure Long Long PT Long S/L _______ Short Short PT Short S/L
61.8% 119.8183056 120.0548482 119.2498001 _______ 121.4973524 121.2929461 121.9886216
67.4% 119.7379258 120.0927397 119.0586852 _______ 121.5668119 121.2602026 122.1537719
74.2% 119.6307526 120.1432616 118.883743 _______ 121.6594247 121.2165445 122.3049467
81.6% 119.4967862 120.2064139 118.7243571 _______ 121.7751907 121.1619719 122.4426787
90.3% 119.2824399 120.3074578 118.4999821 _______ 121.9604162 121.0746557 122.6365705
95.5% 119.0680936 120.4085016 118.2505883 _______ 122.1456417 120.9873396 122.852082
98.2% 118.8537473 120.5095454 117.9584067 _______ 122.3308672 120.9000234 123.1045682
98.9% 118.7465742 120.5600673 117.7977946 _______ 122.42348 120.8563654 123.2433598
99.5% 118.5858145 120.6358501 117.543229 _______ 122.5623991 120.7908783 123.4633405
 
Quote from Chood:

Trailing stop hit, postion closed for 82 ticks (x2).

Now, if the YEN climbs from here, the NIKKEI oughta hiccup at least.

YEN strength this week would give cause for profit taking in the equities, esp. in Jap. exporters. Today's CME NIKKEI may tell.
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[earlier]Bringing the stop in to 8318.

____________________

[even earlier]I like my YEN short position and will buy ‘em back at 8240, a drop from present that could be hit in a blink. 8240 is shorter than my initial 1 for 2 risk/reward, which would need 8200, but it’d make an excellent break from my string of YEN short losers. (I’ll compress my stop as well, to 8418.)

Even my NIKKEI shorts may behave. I need 17,350 before 18,350.
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Whoa, Chinese sheeple bail me out in the nick of time. One session shy of having my NIKKEI shorts stopped out, meltdown overnight in Shanghai rides to my rescue.

From 5k loss to flat to possible equity even this CME session -- all b/c of a sheep-shearing helium release in the nick of time.
 
Quote from Mvic:

Time to short the Yen, HARD.

I am not used to forex, usually use futures when I dabble in currencies. If I want to play a Yen move to .0085-86 level in the next couple of months is there anything better in forex land than buying calls on the futures in terms of leverage with defined risk?
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This trade has made my year.
 
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