image GBPJPY has already broken down, it's just a matter of time before EURJPY follows through South.

EUR/JPY

You don't need an insider to trade consistently profitable just a good technical and psychological strategy would do.

Only Gold!

True that! I'll keep that in mind.

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Thanks CT. You know from most comments I had seen this week people were more of on the bearish side so I was just trying to be politically inclined. It sure is a democracy so I will continue to air my views but beginners should beware of following ...

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Not trying to be a kill-joy here but if 1228 is breached at any point next week then my view would be totally bullish.

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Closed my order @ BE on this short cos price action seemed to be almost going bonkers like you said. I am slightly bullish on the pair right now but would need the early hours of next week's opening to really make up my mind but all in all today had ...

Only Gold!

image The 'Big Dipper' seems to have finally shown up, I hope it's worth the wait.

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image On technical grounds this pair has taken off already...

EUR/JPY

Personally I don't do that but I have seen traders who do. My argument is that no one knows where the trend might turn against you so why add more positions to what is not certain? If the market happens to turn against you what would have otherwise ...

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Honestly I don't have one at the beginning of my trades, I just wait for the trend/mini-trend to develop and adjust the TP otherwise I get stopped out at my pre-determined SL or BE

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Seems to be bearish at the moment but London open would lend credence to that situation soon howbeit I already opened THE mother of all shorts...if this does a home run then I would have already met my target for the month!

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If prices close above 1230 today then I would be tempted to go lOoong.

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I think this bull run is going to continue today from all indications...a quiet buying by the bulls in the Asian session.

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image Newsflash: Bulls light up bears for Christmas!

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image I hope this is just the beginning...keep going you son-of-a-fish!

Only Gold!

image Okay it actually did both, dead cat + dip = BEARS!

EUR/JPY

It's either going for another dead-cat bounce or the nose-dive...

EUR/JPY

The noise seems to be over, let's see how far south we can go now.

Only Gold!

Stop loss hunting I presume.

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I hope most were lined up good on this one in the South direction? Hopefully it keeps dipping.

Only Gold!