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shellsnail replied Dec 4, 2014already short and waiting... I think it'll target 118.9 which is yesterday's (missed) daily pivot.
USD/JPY Discussion
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shellsnail replied Dec 4, 2014I think it's reversing because it seems to have found equilibrium after taking out most of the stops. (i.e. sell orders have been filled...)
USD/JPY Discussion
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shellsnail replied Dec 4, 2014When the 1H chart starts behaving like the 15min chart, you know a big move is coming...
USD/JPY Discussion
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shellsnail replied Dec 4, 2014Someone is really throwing incredible amounts of money at this thing to prevent it form rising
USD/JPY Discussion
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shellsnail replied Dec 4, 2014Actually no... I think he'll avoid waffling and try to sound really dovish. Why? because the economy needs it
EURUSD
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shellsnail replied Dec 4, 2014agreed... and if you look at euro, the weighted index has been mostly consolidating/ranging for the last 13 weeks. Huge move is in order and I'm thinking down to continue the second leg of the monthly trend...
EURUSD
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shellsnail replied Dec 4, 2014gbp pop is looking inevitable... monthly trend is reasserting... we will see a test of monthly resistance *on the weighted pair* and if the break out works it'll be uptrend 2015..
EURUSD
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shellsnail replied Dec 4, 2014Whoever made the bet probably did it in June or something when UJ was nowhere near 120. It's a barrier option so once it hits 120 he loses his money. He's probably shitting his pants since last month.
EURUSD
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shellsnail replied Dec 3, 2014I would think slippage will be a very real issue with live accounts.. Especially during news or big moves, you might end up with a lot of bad orders.
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shellsnail replied Dec 3, 2014Pound is breaking out (up) Euro is breaking out (down) I would imagine a seismic move on Eurgbp soon... yen up against support... might break down here. I think dollar up trend continues... UJ consolidates. p.s. the move on eu barely started... ...
Dragon Riders GBP/JPY
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shellsnail replied Dec 2, 2014My guess is this will go all the way down until NFP... where we either get a huge continuation or a major stop-hunt and reversal.. Friday would be a good day to try longs. We have all seen this before haven't we? The build-up before news... and then ...
AUD/USD
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shellsnail replied Dec 2, 2014AUD/USD just broke out and re-tested TMA channel on the weekly.
AUD/USD
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shellsnail replied Dec 2, 2014USD Monthly... A breakout here could be intense.. Even if it fails, expect a huge stop-hunt/liquidity search/limit order fill/whatever... aud/usd down.
AUD/USD
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shellsnail commented Dec 1, 20140% chance of recession is clearly over-optimism..
Yes, I am Optimistic
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shellsnail replied Dec 1, 2014It's not about the time frame... Even if you use tick chart, you'll realise today is different from the last 40 trading sessions..
USD/JPY Discussion