10.4 A Complete System

[Chris]

And the JPY is still moving. I so badly want to jump back in, but my gut tells me that I might be greedy, and nothing good comes from being greedy in this business. Anyone still in the JPY trades at this point?

[tommiho]

And the JPY is still moving. I so badly want to jump back in, but my gut tells me that I might be greedy, and nothing good comes from being greedy in this business. Anyone still in the JPY trades at this point?

Hi still there.
EDIT: Better said, jumped back again.

[Staedtler]

closed my position last night for around 130 pips when i saw some pullback. i wanted to make sure i locked it in.. then i set stops above the candle's high for eurjpy and usdjpy and woke up this morning to find i was up another 200. still worried about holding positions, i've never been up so high on my positions before

Well I am looking at E/J price action touching the daily upper trendline that is around 125.60 area... If I still had some positions open that I wanted to close I would look to see if there was a failure to break this and if so close for profit. Live to fight another day...

yeah 125 is my target lol. it just feels weird being in a position that is actually doing what i want lolol

[TraderDesk]

closed my position last night for around 130 pips when i saw some pullback. i wanted to make sure i locked it in.. then i set stops above the candle's high for eurjpy and usdjpy and woke up this morning to find i was up another 200. still worried about holding positions, i've never been up so high on my positions before

Well I am looking at E/J price action touching the daily upper trendline that is around 125.60 area... If I still had some positions open that I wanted to close I would look to see if there was a failure to break this and if so close for profit. Live to fight another day...

yeah 125 is my target lol. it just feels weird being in a position that is actually doing what i want lolol

oops.... I meant 124.60... getting ahead of myself...

[Staedtler]

oops.... I meant 124.60... getting ahead of myself...

I've got a target set at 125.90

[Eamonn]

Bob

If everybody is selling the yen across the board.... it begs the question Who's buying it ?

Eamonn.

[MurphyMan]

I read Bob's assessment of the BOJ and Yen situation and took his advice to heart, recognizing that these opportunities won't come often. I scaled in heavily with both orders and lot sizing. It paid off.


Thank You Bob!!!

[Staedtler]

you guys are awesome !

[SWG123]

Bob

If everybody is selling the yen across the board.... it begs the question Who's buying it ?

Eamonn.

Now that's the $64,000,000,000 question ....

[Staedtler]

Bob

If everybody is selling the yen across the board.... it begs the question Who's buying it ?

Eamonn.

Now that's the $64,000,000,000 question ....

$64,000,000,000 yen question