I got filled at 126.7 yesterday, but shorting at 126.65 is almost the same, reward to risk still pretty good.
I see reasons to retrace, but no reason no to. Everything feels so slow... This might take a while. Spreads are ok for such a target with this pair.
Nothing has changed, currencies are rotting and gettign more and more boring, literally 0 reason for a big break now or anything to be different.
Why would this time be different?
I reserve the right to complain about my luck if this time, after months of zigzagging, the price starts going up and up and up.
With my broker I receive tiny rollover for shorting this, so even if it takes a while it's fine, makes a tiny difference, makes this a positive sum game.
I wonder if it would be a good idea only going in positive interest direction? Avoid paying 3% by the end of the year and instead make 1.5% makes a small difference.
If you're very active and have plenty of swing trades the numbers can easilly be 15% saved and 7.5% earned.
On other charts, the yen is not indicating it is going to rip off downwards:
It is very very unlikely in my opinion that Yen futures break now.
Oh btw on zoom out:
It's going to get too tight if this keeps going for a few years... ANd XPLOOOOOODE!!!!!! BOOM!
I see reasons to retrace, but no reason no to. Everything feels so slow... This might take a while. Spreads are ok for such a target with this pair.
Nothing has changed, currencies are rotting and gettign more and more boring, literally 0 reason for a big break now or anything to be different.
Why would this time be different?
I reserve the right to complain about my luck if this time, after months of zigzagging, the price starts going up and up and up.
With my broker I receive tiny rollover for shorting this, so even if it takes a while it's fine, makes a tiny difference, makes this a positive sum game.
I wonder if it would be a good idea only going in positive interest direction? Avoid paying 3% by the end of the year and instead make 1.5% makes a small difference.
If you're very active and have plenty of swing trades the numbers can easilly be 15% saved and 7.5% earned.
On other charts, the yen is not indicating it is going to rip off downwards:
It is very very unlikely in my opinion that Yen futures break now.
Oh btw on zoom out:
It's going to get too tight if this keeps going for a few years... ANd XPLOOOOOODE!!!!!! BOOM!
Comment:
Got a take profit at 125.7 in case there is a sudden drop (that often get bought and bounce instantly), would not want to miss out on that :p
Comment:
BIG DUMP CONTINUES!
Moved my SL to 125.9, leaving some breathing space but only staying in as long as the dumping continues!
Moved my SL to 125.9, leaving some breathing space but only staying in as long as the dumping continues!
Trade closed: target reached:
Awww it's bouncing, what a shame. So got out at exact initial target after all.
Ok 100 more like this and I can finally afford the brain transplant surgery I so deperatly require.
A shame every one is so strongly obssessed with cryptoponzi, they missed on this near guarenteed win.
Ok 100 more like this and I can finally afford the brain transplant surgery I so deperatly require.
A shame every one is so strongly obssessed with cryptoponzi, they missed on this near guarenteed win.
Comment:
Watching it. I do not want to buy something based on the 1 hour chart on Friday.
Let's see how the week ends, if it's a miss well too bad.
The price is slowing as we are approaching that previous high and also 0.618 and also TL which I like. Buyers making the price bounce and holding that level would be sufficient for me to join on Monday if I get a good entry. Will simply risk half or 2/3 of what I made last trade, I will post a new idea if there is an opportunity.
These trade ideas are too fast for people to react thought so idk if it's really interesting that I post them lol. Well can't hurt I guess.
Also might be interesting to buy USDJPY, expecting a "complacency".
Let's see how the week ends, if it's a miss well too bad.
The price is slowing as we are approaching that previous high and also 0.618 and also TL which I like. Buyers making the price bounce and holding that level would be sufficient for me to join on Monday if I get a good entry. Will simply risk half or 2/3 of what I made last trade, I will post a new idea if there is an opportunity.
These trade ideas are too fast for people to react thought so idk if it's really interesting that I post them lol. Well can't hurt I guess.
Also might be interesting to buy USDJPY, expecting a "complacency".
Order cancelled:
The buy trade is cancelled, it went up without providing an entry.
I even set a limit buy, not too low, did not get filled.
I even set a limit buy, not too low, did not get filled.
In these conditions I should not be running my winner I think, but I wanna ... maybe it goes way down like last 2 times.
Well anyway, it did not go to full target yet, as long as it's dumping I see no reason to get out, still, not going to let it come back. Once it gets to target I'll be super strict with it thought as there is no trend just back and forth sideways.