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- sixth sense replied Oct 3, 2023
Again? I hope they have something different up their sleeves this time.
- sixth sense replied Nov 6, 2022
trend reversal imminent? market has already priced in most of the bad stuffs in EU and everyone expects terminal fed fund rate at about 4.5% to 5% so I don't know if there's anything else that could plunge euro/dollar down further. The weekly looks ...
- sixth sense replied Oct 21, 2022
147 as expected. I made so much money in less than two hours. I hope everyday is an intervention day but I'll take this once in a 10 years opportunity.
- sixth sense replied Oct 21, 2022
U/J is overdue for a large correction and the intervention might jumpstart it. Large institutions will begin taking profits and when they do, we could see 140 easily. Longterm trend is still up and fundamentals still point to more yen weakness and ...
- sixth sense replied Oct 21, 2022
500 pips spike down last time. I hope we get 500 pips again. Looking for 147.
- sixth sense replied Oct 18, 2022
It was stealth manipulation by the JP government. Now anyone who sells the yen would be susceptible to such stop hunts like these unless they use wider stops which I think would be ridiculous but to each his own. I mean if they couldn't meaningfully ...
- sixth sense replied Oct 14, 2022
Just a friendly reminder that weekend gaps do not trigger stop losses. If price gaps down 500 pips and your stop loss is only 50 pips. You will lose 500 pips at market open. Same thing applies to profit targets. I will take a short position before ...
- sixth sense replied Oct 13, 2022
Who else is long from here at .97 for like a reversal move up to the weekly trendline at 1.05?
- sixth sense replied Oct 1, 2022
USD also gains during economic turmoil. I think if the UK economy collapses, the dollar would sky rocket as everyone would flock to it. Also, if China's real estate bubble popped, that would also strengthen the dollar.
- sixth sense replied Oct 1, 2022
The UK government is banking on the fact that lower taxes would spurred more economic growth and investment from abroad but stability is also an important factor in spurring investment as well. If a cruise ship is sinking and you're offering free ...
- sixth sense replied Sep 26, 2022
I just shorted UJ at 144.70 with 40 pip SL. If it breaks out, I lose 40 pips. If BOJ intervenes, I get 10x profit. Insane risk to reward ratio. I don't know who would still buy UJ with the risk of intervention hanging over the pair. Intervention ...
- sixth sense replied Sep 22, 2022
U/J is overdue for a substantial retracement anyways. I think this intervention might just jump start that retracement.
- sixth sense replied Sep 22, 2022
Well, looks like easy money. I'm going to hold short until 110. We might just see that in one day if all the big institutions start to panic unwind like back in 1998 two months after the BOJ intervened.
- sixth sense replied Sep 22, 2022
Intervention? I can't get any real time news.
- sixth sense replied Sep 21, 2022
Putin not going down easy. This is bad for Europe. Purely EUR weakness move. Usually price only consolidates prior to such a big USD rate announcement but this Putin announcement is causing a lot of selling pressure on the EUR and GBP.
- sixth sense replied Sep 16, 2022
Head fake to trap the bulls before tanking. Not gonna fake me out though. I'm strong with my short. Just waiting patiently. After all the typical BS, it will finally resume the trend and make new lows.
- sixth sense replied Sep 12, 2022
Well, it finally reaches my 1.02 target. I'm short at 1.0194 looking for 0.97. 50 pip SL. It shouldn't go higher from here. Otherwise, it would be more like a reversal than a retracement.
- sixth sense replied Sep 8, 2022
Lagarde tried to be as hawkish as possible during today's press conference in order to prop up the Euro so we'll see what happens in the next two weeks. I still think price would more likely move up towards 1.02 rather than down but the most likely ...
- sixth sense replied Sep 8, 2022
There's just been too much persistent and consistent buying pressure under parity. I think eventually, this thing is gonna blow to 1.02 or beyond but I really don't see much reward in selling at these levels.
- sixth sense replied Sep 8, 2022
We might get 1.02 after rate announcement and that would be the ideal short area to 0.98.