JUNE FOREX I

yeah, that kind of threw me when he said that about gold.  I was drawn in by a reasonable argument towards jpy growth, then he threw me for a hell of a loop.  But on the other hand im going to feel pretty dumb if oct jpy is sitting under 80 and gold is 4000 an ounce.

also he gave an in depth analysis about jpy and only a quick remark on gold. 

im still looking into it though.  im intrigued . 

if the future japanese govt is focusing inwards and divesting in usd then that does mean deflation for them dosent it??

I think my technical analysis is getting fairly good,  im having good sucess with it, but my fundamental analysis is still a bit elementary,  I think i could learn a lot from you.

Anyone see those MONSTER moves just now?

150 to 250 pip drops on the AU and the LB pairs with that rumor circulating.

So you are long the US.Yen?

Looks like technicals are overbought, I would think if the US markets open up that the USD should sell off in general.

I am considering going long the AU right here, I missed my "basket" order by about 30 pips earlier..I had one in there at 78.40 or something.

Fast trade..

Went short the LB.USD at 1.6271 and covered at 1.6251

Looking to go long at 1.622

Missed another 20 pips short, thats a pisser.

Moved it to 1.621 looking for 1.623 on the sell now that I am in.

added at 1.618, now looking at 1.623 for all positions.

Got it finally, that trade was ticking me off.

70 pips there, not  bad.

Back in long LB at 1.6170

Looking for 26 pips to 1.6196

I should have shorted over 1.6240

buck,

That Yen just didnt look right to me buying into an overbought scenario with the markets not open yet..I hope it turns for you quickly.

I averaged down on that LB trade and added at 1.614, same sell limit on the added pair.

I keep trading this LB pair but part of me wants to go long the AU below .8 and let it ride....

Good to hear from you pop, nice to have a little activity during the day here..been a while.

Averaged down on the LB trade again, I am shocked it tested the lows made after the rumor came out, it is crazy..

Averaged to 1.6104, this looks like a tough trade here, lots of downside volume and resistance all the way up..

I decided to close them out for a 100 pip gain at 1.6171

Geez then it blows through my initial price.

Short LB at 1.6205, looking for 25 pips.

Man I barely got out of that one..but 25 pips is 25 pips.

That YEN trade could go your way still..not that far out from being even right here.

Now the trade is going more your way..