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Thread: USD.JPY

  1. #241
    Legend peat's Avatar
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    is it time to get some in the other direction
    not quite
    think I need some confirmation before I jump in


    For clarity, nothing I say is advice....

  2. #242
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    have dipped toes at 102.78 (no that theres any sign of a reversal) simply that the risk reward ratio is quite favourable at these levels with just below 102.5 as the stop.
    For clarity, nothing I say is advice....

  3. #243
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    nice peat

    just watching for the trendline break on the hourly then you may be in for a nice bag

    good luck

  4. #244
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    yeh its good to get a quick buffer in , moving stop up to just below the recent low now almost breakeven
    For clarity, nothing I say is advice....

  5. #245
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    half closed +125
    stop brought up to +90 for remainder
    For clarity, nothing I say is advice....

  6. #246
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    Nice work Peat.

    Cheers
    Miner

  7. #247
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    it would appear the direction has changed now.... woke up about 2:30 on Sat morning (after NFP) and hit it for +90 taken this morning. Will trade again!
    DA has (somewhere on this site) inferred a correlation betweeen USD/JPY and DOW. seems to be true at the moment
    For clarity, nothing I say is advice....

  8. #248
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    DA do you remember where this correlation DOW v USD/JPY was?
    Regards Bilo

  9. #249
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    DA is away as well.....

    he said it in the NZX forum
    http://www.sharetrader.co.nz/showthr...?t=5794&page=3

    post #257

    I've re-entered short USD/JPY @ 105.19

    actually it was belumat who posted the graph tho, in post #260 of that thread - dont see why I cant link to it here

    http://bp2.blogger.com/_6nTmMn9wzb4/SCaB3UCxHWI/AAAAAAAAAE8/AFwTkk5AOLE/s1600-h/usd-jpy+vs+s%26p+index+%28short+term%29++9+may+08.GIF
    Last edited by peat; 09-06-2008 at 07:07 PM.
    For clarity, nothing I say is advice....

  10. #250
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    For clarity, nothing I say is advice....

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