Been in and out of the USD/JPY for a few days. From what I have seen the 123.30 area has been very solid support and I am not taking a Fozzy until their is a 1 hour close below this line by at least 5-10 pips.

FOZZY Method CROSSES

Looks like a double top on the GPB/USD daily, do you see that as well?

kharvell's Trades

Looks like it might break the 123.29 level here shortly, I hope it goes.

USD/JPY Discussion

Seems they have done it again at the open Today and shaved off about 40 points. I just went short, I figure if the bulls feel their is going to be a Central Bank ceiling on the currency they are going to get tired of it and just sell off.

Um, what just happened in New Zealand?

Congratulations, good stuff.

Pipex: 6 Month Report Card

Seems the explosion of USD/JPY has put some downside pressure on NZD/USD and today's AUD/USD cross. For those still holding, if retail sales can comes in as expected or above average, hopefully we will all see our TP's hit. Good trading to all

FOZZY Method CROSSES

Man, I took the 1 hour down on the USD/JPY cross earlier tonight and came back and was stopped out. I hope some of you guys picked it up on the reverse it just took flight.

Bagovino Method

I am with this guy.

FOZZY Method CROSSES

Yeah just got in....Looks good

Bagovino Method

Very cautiously. I took the NZD/USD cross and am keeping a close eye on it. Seems to the RBNZ sent a pretty clear message last night that these rates are to high and if given the chance they may sell off quite a bit of currency to make sure they ...

FOZZY Method CROSSES

Your not the only one, I am sure their were quite a few longs looking to grab a few more pips when low and behold 100pips evaporated in about 1 hour.

Um, what just happened in New Zealand?

Anyone looking at USD/CHF? The 14,3,3 Stochatsic on the hourly just crossed the 76.4 line, the RSI has been over 70 for a while and seems burned out. Also, looks very close to crossing 21 RSI on the 15 min chart.

Bagovino Method

Don't really see anything I like at the moment, prob. going to be till London opens before we see any solid moves. You?

Bagovino Method

I'll give it a go.

Bagovino Method

What did you guys set your stops at?

FOZZY Method CROSSES

Sure did....

FOZZY Method CROSSES

Wow, took the GBP/JPY short, moved to breakeven after it went in the 30's and walked away for 10 minutes and was stopped out. That was a nasty reversal.

FOZZY Method CROSSES

ATR Stops — I agree, actually I had decided to use the ATR as my method for SL's in conjunction with S/R levels. Had the SL at the 1.2312 area which was resisitance and would put me, with spread, at -40 which I thought was reasonable. This ...

Bytebodger's Pip-Burning Journal

I am with ya. My USD/CHF got stopped out by 3 pips on the housing market spike, and is now trading back below the day open, similar to what happened with the GPB/USD. Hopefully things will turn around here for you. Good Luck..

Bytebodger's Pip-Burning Journal

Anyone taking the USD/CHF cross?

FOZZY Method CROSSES