Thread for Thursday Traders
Here’s a thread for you Thursday traders to use to talk to each other.
I hope you’re well and happy today! 
About Triffany
Triffany Hammond helps traders of all levels, gain the tools, resources and guidance necessary to build on their strengths and work around their weaknesses so that they can make the best possible decisions for themselves in the Forex Market. Triffany is a regular speaker and contributor at FXStreet.com and heads "The Human Element" a blog dedicated to trading psychology at ForexMotion.com Want to know more? She was recently profiled in "FXStreet.com's Women in Forex" Series.
You can contact her at Triffany(at)Triffx.com
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gbpchf has bounced off support 1 hour…. I took a small long position….. anyone else?
I’m watching that g/chf tightening as well, but I’m not in anything on it yet.
I did take *shhh* don’t tell anyone, a cad/j long on the bounce. We’ll see if that works out.
It seems to me that with all Toyota’s problems,,, Japanese government will be pressing hard to weaken the JPY to assist exports in support of Toyota……… Is that logical or not?
I hadn’t thought of that, actually.
It does make sense, and you can add it to the list of reasons why the jpy is long overdue for weakening.
But I imagine that they’ll let the dust settle on this for a bit and get a favorable opinion on Toyota in general again before making any major moves – at least in regard to Toyota specifically.
Agree. But as a government strategy, it is a justifiable approach in addition to other priorities.
What about the GBPCHF? its meeting reistence here…..
shhhhhhhh i didn’t take your CADJPY…….
Look on the g/chf 4h. I think it has a lot of tightening to do before it decides.
That’s ok. I was already short the u/cad. I guess I should’ve just taken the u/j instead, I’d already be out of the trade with a synthetic cad/j and still had my u/cad to go. Oh well. I’m still happy with the trade (even though its on a Thursday).
Yes, surprised you’re trading on a Thursday! Happy for you…. The 4 hr GBPCHF does concern me…. How much “tightening” might it have?? -:((
I confess – long on 1 hour was quite impulsive…. for shame… This has been a bad week – our Internet has given us many problems so yesterday we worked until 11:30 locating the problem (cut cable). and I took a loss when I slipped a digit on a trade….. etc. My timing is off, so I am basically waiting for next week.
Just let me know 1 thing … I got in on the GBPUSD on the break of the tight box it was in for a while, how did everyone but me seem to know that it would dump right after that ??? (this is exactly why i hate this pair) !!!
Perhaps GBPUSD, bouncing off the support is now an interesting Long?? What think, Ms Triff and Aby?
Sorry…I wasn’t around in the last part of yesterday. But I did think the gbp/chf was going to tighten longer than it did. I expected it to still be rangebound today actually….but it isn’t.
I think after such a huge USD buying spree we’ll see some profit taking on the part of the pairs today.