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USD/JPY First Quarter

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Posted: #676
Something just kicked in..

USM up, risk forex up the last 30 min or so..


 
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Posted: #677
Looks like we may have a holding pattern until FOMC and US data. 


 
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Posted: #678
Quote Originally Posted by rick3117:

Looks like we may have a holding pattern until FOMC and US data. 



Yeah the volume has flatlined and most charts have turned dead...
 
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Posted: #679
Nice trade rick, you got 102...
 
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Posted: #680
Just in and out for 50 pips.


 
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Posted: #681
breached the 102.17 threshold, let's see if it holds. 
 
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Posted: #682
Anyone think this gets pumped up over 103 during Tokyo?

I am back in long at 102.50 


 
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Posted: #683
Im in a long of LB/USD
1.6534..set a limit for 70
 
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Posted: #684
Quote Originally Posted by rick3117:

Anyone think this gets pumped up over 103 during Tokyo?

I am back in long at 102.50 



You hanging on or what did you do?
 
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Posted: #685
I am on my way to bed. I bought in well over the Fibonacci level that seems to be dictating this current range. 

50%  of 102.47
61% of 102.17 

Have not seen the range broken since three this afternoon. 

I put it to bed with a 6 pip loss. 

had a good day, no reason to drag this trade on any longer than I should. I will re-fools in the AM


 
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Posted: #686
* re-assess.  LoL
 
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Posted: #687
Still staying true to the range, but bias towards the upside. 

It has made a few runs above 102.50 

I am long at 102.40  

I will get out below 102.17 


 
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Posted: #688
As long as they keep supporting the USM you should be ok..

Gotta love in the face of bad data and uncertainty the algos run in and buy the market off the open dip.
 
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Posted: #689
Attempting another run above .47
 
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Posted: #690
[Quote: Originally Posted by wallstreetcappers] As long as they keep supporting the USM you should be ok..

Gotta love in the face of bad data and uncertainty the algos run in and buy the market off the open dip.
[/Quote

Wall you are right on the money what that statement. I have no clue what held the market up today. Bad housing and Obama speaking about Russia.. And it goes up 100 plus....WTF??? 97 % of the time the bottom would have dropped out of it for at least 200...amazing stuff today...
 
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Posted: #691
I have been in a short on AUD/USD all day with an 11 pip stop and this has been in a range like a mofo.. As soon as Obama started to talk I shorted , still didnt move.. weird day all around...
 
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Posted: #692
I find it funny how China keeps doing these 6.13 and 6.14 numbers when the pair is over 6.20..

Talk about the hedgies pushing it up, that is downright mean..


 
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Posted: #693
No trades this week yet fellas?
 
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Posted: #694
Quote Originally Posted by bucknuts:

No trades this week yet fellas?

Not for me, I have some limit orders in the water but none have hit.
 
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Posted: #695
I got my shirt handed to me on the AUD/USD .. shorted it 3 times and it ran all day like a mofo... Just shorted again @91.519 the last rally of the session was like a knife to my chest ... So I just got a fresh bottle of Scotch and shorted a fairly large positon... running down now so hopefully I dont jynx it ..
 
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Posted: #696
Mondays always seen to just trend with no  real correction... I hate that !!!!...
 
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Posted: #697
If i can get down in the 91201 zone tonight , it would be splended...lol  
 
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Posted: #698
These charts look like death...no action at all. Maybe when the Asia session gets moving we will get some action.
 
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Posted: #699
the AUD short is starting to wiggle ... going down and maybe it can break todays low... But looking good..

 
 
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Posted: #700
missed my 32 pip limit by 2 pips and wnet all the way back up last night and this morning ... Closed trade for plus 2 pips.. This is some week already...
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