Yes.. understand. When I said gut feel it was a pun on the fact that my indicators and price action tell me.. there's still going to be a battle at this level for some time...

USD/JPY Discussion

Btw, I just TP on my short. Got this gut feeling, there's gonna be another move up from here.

USD/JPY Discussion

Haha.. yes that has crossed my mind, but I'm still managing okay for now. Movever the pip spread is very tight (1 pip for UJ), and it trades directly to the ECN. (But I have to pay a comm for transacting)

USD/JPY Discussion

I've love to hedge, but with the way Interactive brokers work, I can't hedge. There isn't an option to open multiple positions of the same Pair in opposite directions. Tks for the input thou.

USD/JPY Discussion

Short at 118.75 (Not the best location considering the most recent move). But failure to break the 61.8 Fibo at 118.87 (Central Pivot) area on the previous 1H bar (current 1H not complete, but also failed to break), says something about the move. ...

USD/JPY Discussion

Just wanted to share something... This is what I feel is going on at this point... The Fib extension based on 15min Fractal is complete (at 1.618), so there is some hesitation. image In the chart below, you'd see the 50% retracement upwards for ...

USD/JPY Discussion

TP first.. Out at 94.. short term resistance at hand...

USD/JPY Discussion

Long @ 117.86 Lets see where the market takes my trade..

USD/JPY Discussion

Hmm.. My 2 cents if its okay. Try to keep your mind out of the current bad position. (yes its tough) If you were looking at UJ at this point onwards, and if you are planning to enter the market? Is it a buy? If so then maybe you should still hold on ...

USD/JPY Discussion

I'm out of my short with small profit for now, although 1H chart has slight downside potential. Standing by ...

USD/JPY Discussion

I too agree that there still some "adjustments" to be made. But I like the probability game, and take it as they come. May decide to bail early.. depending on the next few 15mins bars...

USD/JPY Discussion

Short at 117.65, with puny stop loss...

USD/JPY Discussion

Ok.. time to call it a night. Had some profits today. Live to trade another day, for there will be no end to this. Cheers.. Good luck folks, and have a good weekend.

USD/JPY Discussion

Guys.. seems like the 118.51 Daily S1 is now acting like a form of resistance. I'm sure it will test again.. but I don't want to hang around with a poor Long entry!

USD/JPY Discussion

Out at 118.48 to salvage a bad entry! Still came out with a small profit. (4 pips x 2 positions, at 44 avg)

USD/JPY Discussion

Long again at 118.38 (Martingle) Brings my average to 44. Dangerous strategy, I max 3 levels of martingle. That's how to bring back some lost pips... Finger's crossed

USD/JPY Discussion

Long at 118.49... Let's play abit... Looking for short term / retrace up move

USD/JPY Discussion

Woah had to run an errand for 20 mins.. and this happens... Nice.. let's see what's next..

USD/JPY Discussion

Just bounced while typing replies... But up side potential not good enought and not evident at the moment. Again.. my 2 cents...

USD/JPY Discussion

Based on the price action on the 15min and 1hr time frames , I took it down to a shorter term view. Then again, theres always a risk with any trade. Right now based on 1H, no Longs yet .. my 2 cents

USD/JPY Discussion