10.2 Trades! Post up your trades here.

[verb]

Also...

I'm now re-short AUDUSD, AUDJPY, GBPJPY, CHFJPY, CADJPY, EURUSD & NZDUSD all targeting the Weekly S1.

[Jemook]

Also...

I'm now re-short AUDUSD, AUDJPY, GBPJPY, CHFJPY, CADJPY, EURUSD & NZDUSD all targeting the Weekly S1.

I keep going to post the trades I'm looking at but they are always the same as yours!

I am waiting for a 1h TMA retracement on some of the JPY pairs though.

[garyfritz]

I keep going to post the trades I'm looking at but they are always the same as yours!

Given the results he got last week, I'd say that's a very good thing!

So, analyzing your trade calls...

AUDUSD's slope is -0.69 -- weakening, but still < -0.4. Both WOHs are negative, and the last H4 bar crossed under the blue 5maS1 line.
Similar for AUDJPY, but with stronger slope.
GBPJPY has negative Slope and WOH, but no 5maS1 crossing. Are you playing the crossing of the monthly pivot on the D1?
Similar with CHFJPY, but it hasn't crossed anything that I can see?

[verb]

Just a word of warning regarding Bank of Japan.

They always say they are watching exchange rates closely. What you need to do is look at the charts. The last time they intervened close to this area was Feb 2nd, 2012. The market finally turned around at that point due to the flight to USD not because of their intervention.

They unsuccessfully intervened before Feb 2nd. I anticipate they will try to intervene again around the 76.5 area on USJDPY. I would start to be careful of long JPY positions at @ 77ish.

At worst they could trigger your stops at best, its a bump in the road and another failed attempt for the BOJ to stem the tide of the market's view of the Yen safehaven.

Bottomline, I'm long yen until the 77ish level then I'll be sitting out for awhile until I see if the intervention is successful.

[Jemook]

Alright cough up! Who's in draw down tonight from Shelley/10.2 ? I'm down a whole buncha pips on Shelley EA, still fine-tuning my entry. I re-triggered right at the top of the H1 TMA bands so let's see if it comes down now-ish.

I still much rather prefer entering on a 'basket re-tracement to outer TMA band on 1h' to entering at London

[kelisa]

My Shelly 10.2 since asian session never showed positive pips, its DD all the way till now. Today was a good retracement for most of the trending pairs. Even on my 10.2 trades, I also close out all my losses during london.

[forexripper]

My Shelly 10.2 since asian session never showed positive pips, its DD all the way till now. Today was a good retracement for most of the trending pairs. Even on my 10.2 trades, I also close out all my losses during london.

Using purely 10.2 I did not think there were good trades today. Few range trades may be but I did not try those. I use 10.2 EA and it fired few trades last night, which per rules were no trades. Pls see my recent comments on 10.2 EA thread for what I want the EA to do.

Thanks

[SWG123]

Boring day for me so far, no trades triggered yet (10.2 manual). Pending shorts on AU, EU and GU and pending long UCAD.

[verb]

I'm in drawdown but that doesnt bother me, its the low liquidity with London being out til Wed that does.

[verb]

I'm in drawdown but that doesnt bother me, its the low liquidity with London being out til Wed that does.

Trends are starting to come back into shape as my pnl tells me, London back online tomorrow and I am expecting continuation.