*Official* Forex Trading thread.

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neoartz

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Square Simsci @ 326.2, profit 12 pips aka 120S$, due to greed, waiting to cross 327 just now and dont close at 326.9, if not, haha only if :s13:

:s13: gxgx.. got $$ just take first.. later 11.30am got action for JPY related pairs lol :D
 

awful999

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:s13: gxgx.. got $$ just take first.. later 11.30am got action for JPY related pairs lol :D

thanks ar, still stuck with the position at 117.8 for USDJPY, that why close Simsci to monitor USDJPY now ...



BULLET: DOLLAR-YEN: The pair has vaulted past the previous...



DOLLAR-YEN: The pair has vaulted past the previous top of Y117.41 to a high of
Y117.58. BoJ offered no surprises in their policy statement, sources are
indicating the move was purely flow driven in fairly thin markets. Resistance is
seen at Y117.61 which marks the 50% fib Y118.66-Y116.55, a break opens Y117.86
(61.8% on the same move), while hourly support is seen near Y117.00. Dollar-yen
has backed away from the high and currently trades at Y117.38.
 
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neoartz

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Have to wait till kuroda press conference. :s13: not much movement for now =:p

thanks ar, still stuck with the position at 117.8 for USDJPY, that why close Simsci to monitor USDJPY now ...



BULLET: DOLLAR-YEN: The pair has vaulted past the previous...



DOLLAR-YEN: The pair has vaulted past the previous top of Y117.41 to a high of
Y117.58. BoJ offered no surprises in their policy statement, sources are
indicating the move was purely flow driven in fairly thin markets. Resistance is
seen at Y117.61 which marks the 50% fib Y118.66-Y116.55, a break opens Y117.86
(61.8% on the same move), while hourly support is seen near Y117.00. Dollar-yen
has backed away from the high and currently trades at Y117.38.
 

Mr.Canberra

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No stop loss strategy is not suitable for everyone. :D

Forex market not much movement also since I slept at 6:30am. But can sense USD/JPY bulls are very eager to push up above ¥118.
 
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neoartz

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No stop loss strategy is not suitable for everyone. :D

Forex market not much movement also since I slept at 6:30am. But can sense USD/JPY bulls are very eager to push up above ¥118.

SSI chief FX strategist spotted :s13:. Ya hope they push it up and up..
 
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Mr.Canberra

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USD/JPY

Hahaha USD/JPY burst liao! :s13:

With BOJ interest rate decision out of the way traders have direction now.
 

Mr.Canberra

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USD/JPY

DOLLAR-YEN: Demand said to come from 'the desert' has seen the rate ease through resistance at Y117.61 to print a high of Y117.74. Investors are now beginning to eye Kuroda's press conference at 0630GMT. Resistance is now seen at Y117.84 which marks the 61.8% fib on the Y118.66-Y116.55 decline, while initial support is now seen at Y117.46 (38.2% on today's Y116.99-Y117.74 range). Dollar-yen was last at Y117.60.

Woah Middle East uncles show hand? :s13:
 

awful999

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meanwhile my TW MSCI chiong at the moment and JPY back to action , very busy now haha
 
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