is it time to get some in the other direction
not quite
think I need some confirmation before I jump in
http://img442.imageshack.us/img442/1...2205008me0.jpg
http://img442.imageshack.us/img442/1...3d3701e7ac.jpg
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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
http://img442.imageshack.us/img442/1...2205008me0.jpg
http://img442.imageshack.us/img442/1...3d3701e7ac.jpg
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.
nice peat
just watching for the trendline break on the hourly then you may be in for a nice bag
good luck
yeh its good to get a quick buffer in , moving stop up to just below the recent low now almost breakeven
half closed +125
stop brought up to +90 for remainder
Nice work Peat.
Cheers
Miner
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
DA do you remember where this correlation DOW v USD/JPY was?
Regards Bilo
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