13:30GMT Get ready to rock GBPUSD & EURJPY looking to move big; at this moment JPYs looking down..
12:40GMT yesterday I mentioned about US bringing down all our pairs and today it happens - I was not expecting this for next 2 weeks i.e atleast till end of month-end cycle..
10:25GMT even if there is a reversal in next 60-90 mins assume there will be another ride like this/worse during US session open.. Rich - u are right - RSIs hitting 1 in 60 mins Extremes!!!
10:05GMT I think 1.2698 was EURUSD's low for next few session; if it goes below this it will be a killing for no reason.
10:00GMT On weekly front EURJPY is looking into -127% a longterm LOW of 107.68 and EURUSD's target of 1.25760 but I think it may not happen unless Greece problem is severe.. I'm holding 11 Longs in EURUSD (twitter LONGs) and 12 in EURJPYs early week's walls.
09:55GMT GBPUSD completed daily pattern -88.6% and EURUSD -127% expecting reversal sooner now.
09:00GMT Very sure that players are on their game holding USDJPY and let others loose their head..
05:05GMT Get ready for LONGs in all our pairs as soon as RSIs hit below 18 look the best price and take entry..during market open time.
01:25GMT Good Morning Friends, As mentioned yesterday GBPUSD may hit 1.5700ish and a good short from there will give massive pips. at this moment we are 100+ pips away from it.. so its a clue. 1.5520 & 1.5470ish is the best BUYs.GBPJPY is at looking UP for another 40-50 pips as target from 133.16 then slide again for data release (nextweek).EURJPY is already in middle of completing small UP trend to 110.00 It should try a slide later.EURUSD is already making its way UP. Anywhere near 1.2870ish will be a target.
If you're interested in how players hold and play with some pairs at same time here is a picture of their game...
Rich, I can see all the "tweet-sells" from yesterday's 1.5630-60 is profitable by today morning ;D easy money!!!
ReplyDeleteAre you still holding higher level yen buys?
ReplyDeleteWe haven't had the big move of a few hundred pips back up.
I thought you were still testing and a quick glance I saw numbers that looked like tests. starting to "look and track" now. But yeah, as usual, your calls are great.
ReplyDeleteYes I'm holding all Yen Longs for last 1-2 months; golden rule only profits. JPYs are closely monitored and monthly cycle shows that exporters can't afford strong JPYs. Massive sells will be done by some importers if they get a hint.
ReplyDeleteNote JP Importers -demands USD and sells JPYs so the importer's sell= USD strength.
ReplyDeleteThe importer/exporter cycles are start & end of month and start & end of the quarters. We are in the middle of Q3 and I think holding till end o this Quarter will give me massive pips.
below 18 on the 1 it looks like?
ReplyDelete;D yeah I saw its hitting rock bottom - its a clue what is next I said it yesterday. Big moves of the trading season about to start.
ReplyDelete60 mins chart RSI was good but certainly 15 mins helps.
ReplyDeleteJeeson, can I position trade one of the yen pairs now, month end is coming. What about Gold? Thanks a lot..
ReplyDeleteYen is a good bargain anywhere in 84 for Longs on 86-87 Shorts are good. I'll not touch gold.. its a charging bull and anytime slip up chances.
ReplyDeleteThanks J, looks also like a good long for some pips in gbpusd
ReplyDelete