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    • Purple replied Sep 7, 2006

      Because its not a scheduled news/report release like FOMC/NFP.. it was comments he made and market reacted to it. Just like if Bush makes a comment now 'I will invade Iran, no matter what it takes!' than ofcourse USD will react to it.. FF cant ...

      Jpy Huh !
    • Purple replied Sep 7, 2006

      Got stopped out at breakeven. 0 pips profit. DOLLAR-YEN: Plummets from Y117.00 to Y116.50 after comments from the German Deputy Finance Minister. And the comments were:

      Mauve Journal
    • Purple replied Sep 6, 2006

      I know, its a bit forsighted but very realistic target for me.. pairs like Eur/Jpy and Gbp/Jpy are not meant for short play! [I mean time duration, not selling short] As long as Euro, Cable and Yen moves in its current ranges; these two pairs will ...

      Mauve Journal
    • Purple replied Sep 5, 2006

      Buy Eur/Jpy @ 148.40 SL: 147.40 (small leveraged lots depending on account value; will keep buying at 50 pips further drops.I dont think it will break 147.40; if it does exit.) TP: Initial target 152; than 155. image

      Mauve Journal
    • Purple replied Sep 5, 2006

      Exit @ market: 189.90 Market can give better enter price later; further follow up selling can happen in US session. 0 pips profit, dont want to take risk at this point.

      Mauve Journal
    • Purple replied Sep 1, 2006

      I have closed my GBP/JPY @ 223.40 Thursday's market close, as it was the month end for August and I wanted to secure my commissions. The pair is still in a very strong uptrend, and 225 price should be breached this month. Here is a 4 hour chart for ...

      Mauve Journal
    • Purple replied Aug 30, 2006

      Trade closed @ market: 618 +29 pips 14 days MA is weighing in on price; and I dont want to take big risks before month end positioning. Only one position open: GBP/JPY buy from 217.80; its protected with SL at 221 now.

      Mauve Journal