Personally I would be very cautious with longs, depending on your timeframe of course. I think we are sitting on a key level ATM on my weekly chart, I was looking for a decisive break of that line during London but it didn't happen with U/J, hence ...

USD/JPY Discussion

I've had enough for the week, closed all xxx/jpy shorts. Will see what next week brings. Many green pips to all!

USD/JPY Discussion

I think that's a solid plan. I'm looking a tad lower around 148 I might be an optimist though.

USD/JPY Discussion

Perhaps we will see a bounce? Hopefully your not in deep, my bet is we're headed to the 188/187 area. Could be wrong. Seems there is alot of pressure on GBP due to less than expected economic numbers and possibly conflict concerns.

GBPJPY

Of course the elections might toss a wrench into plans made prior but further out I was anticipating mid/lower 140s by end of year, time and the zig /zag will tell. No matter I'll take 160 as well.

USD/JPY Discussion

Currently targeting 152.20 area from 154.36, will see how this plays out.

USD/JPY Discussion

Back in the day I ran a carry trade using g/j and added indiscriminately each 100 pip of movement in the long direction using a trade size equal to the account balance, the trend lasted several thousand pips and about 8 months, took around 20 min to ...

Daily or Higher Timeframe Trading

I wouldn't be to eager to start shorting, (depending on ones timeframe of course) I see nothing yet to take such a premature action, looks to be tapping at a resistance line atm but being Tokyo its likely not going to punch through till London.

Dragon Riders GBP/JPY

Nice day for longs,,, if one was long. I longed GJ this AM just after the NY open @ 180.57 and TP @181.42 with success. Also scored long on EU, so a good day to be long. Currently watching for a rejection here in the 181.5 area before taking the ...

Dragon Riders GBP/JPY

I would be cautious of shorts, not saying it wont go short (depending on your trading timeframe) mind you just be cautious at this point, a bit of retrace would be in order. I look at the weekly and see this pair likes to make you think its going to ...

Dragon Riders GBP/JPY

Ditto, well said.

Dragon Riders GBP/JPY

Watching hourly candle closes intently,,, just n case the long is a trap, not like that ever happens.

Dragon Riders GBP/JPY

Dam I need a translator. German?

Oktoberfest Nightclub

I wondered what happened to you there, liked your EU calls, spot on.

Oktoberfest Nightclub

I'll take 20 + pip setups with little to no drawdowns over big pips and big drawdowns any day.

Oktoberfest Nightclub

I managed to get 30 pip on EU and news. Nothing of size though.

Dragon Riders GBP/JPY

Ranging prices/chopfest,,, goodluck.

EURUSD

Looks more like aimless wandering around with a destination of nowhere, but not before clipping your stops up and down.

Dragon Riders GBP/JPY

Ive pretty much come up with something along the same lines, so I shorted earlier myself.

Dragon Riders GBP/JPY