10.4 A Complete System

[nanningbob]

go here but as promised:

http://www.boj.or.jp/en/announcements/r ... 30404a.pdf

2% annual inflation, do anything to make it happen at the earliest possible date, unanimous vote. I am going for the ride. I will not close any trades today. Gonna give this baby some room.

[nanningbob]

Bob I think you got your 1000 pip week

I crossed 1000 pips yesterday by a hair, now I try for 2000 have 4 levels on aud/jpy, 2 usd/jpy, 2 cad/jpy, 2 nzd/jpy, others at 1 and waiting to enter 2 or more. I have no TP set on this one or they are at 200 pips or more. My account is already up 3% and still have the euro and USD sessions left.

[Chris]

go here but as promised:

http://www.boj.or.jp/en/announcements/r ... 30404a.pdf

2% annual inflation, do anything to make it happen at the earliest possible date, unanimous vote. I am going for the ride. I will not close any trades today. Gonna give this baby some room.

Let it ride. You are very good at this. I would have never caught on to the importance of this news if not for you. Thanks for sharing.

[Chris]

Even the EJ moved on it

[nanningbob]

up 5% for the day and over 1400 pips for the week now. Two days left, that is my 6th 1000 pip week and I am going to try for my first 2000 pip week.

[TraderDesk]

I love news like this...In E/J it was a great move and still is.... I don't really trade other JPY pairs when there are large moves as E/J has a very high daily trading range compare to the other JPY crosses so I just throw all my trading funds into this currency pair... Like Bob I will let them ride today occasionally adding to the buy bias... If price action goes down to 120 line I will add more... Long-term looks like JPY will weaken.... Let's see if today she will cross that 240ma line to reinforce that thought...

I am looking for PA to hit 122.300 at least

Also on the CSS it shows EUR strengthening back up once again so it would be great if JPY and EUR come back and cross each other once again...

[Chris]

I am up almost a 1000 for the week, 500 just today, but only 2.7%, I am a bit conservative with my position size other wise it would be more.

[Chris]

Still going, I took profit on everything except the EJ at this point. maybe there will be a retracement for another entry.

[TraderDesk]

Still going, I took profit on everything except the EJ at this point. maybe there will be a retracement for another entry.

Hi Chris, there is always a retracement Depends on your timeframe as well... Myself I look or adding new positions off of the 1 or 5 minute charts depending on the currency pair... E/J I usually use the 1 minute TF....

[aworex]

I love news like this...In E/J it was a great move and still is.... I don't really trade other JPY pairs when there are large moves as E/J has a very high daily trading range compare to the other JPY crosses so I just throw all my trading funds into this currency pair... Like Bob I will let them ride today occasionally adding to the buy bias... If price action goes down to 120 line I will add more... Long-term looks like JPY will weaken.... Let's see if today she will cross that 240ma line to reinforce that thought...

I am looking for PA to hit 122.300 at least

Also on the CSS it shows EUR strengthening back up once again so it would be great if JPY and EUR come back and cross each other once again...

I disagree with you there the King of the JPY pairs is the GBPJPY the Ferari of the forex pairs